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This week in bitcoin was all about Korea, although every week in bitcoin is all about Korea. Markets dropping? Blame Korea. Markets soaring? Credit Korea. Zero fee trading sends a pointless altcoin pumping? You bet it comes from Korea. While real news, fake news, and news whose legitimacy is a matter of dispute emanated from […]
The post This Week in Bitcoin: Kraken, Korea and a Whole Lotta Crazy appeared first on Bitcoin News.
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The cryptocurrency markets have turned into a casino and everyone is a winner, including perhaps the charismatic John McAfee. Following the dramatic bitcoin price rally to $19,891, and subsequent dump to $10,400 (GDAX), bitcoin is now in what is known as a consolidation phase where it will remain until it breaks out from that range. What […]
The post Trading Tip `The Wall´ – Trade Like You’re John McAfee appeared first on Bitcoin News.
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The good old saying “when it rains, it pours” is certainly applicable to cryptocurrencies. Every time Bitcoin sheds value, the rest of the market will turn into a sea of red numbers. Even without Bitcoin’s shenanigans, the TRON price has no momentum going up to $0.25 right now. In fact, it keeps dropping even further as more time progresses. The latest TRON price decline comes in the form of another 22.67% setback over the past 24 hours. What is the Deal With the TRON Price? That is the question a lot of people are asking themselves right now. More specifically,Powered by WPeMatico
Whenever a new cryptocurrency suddenly enters the top 10 ranked by market cap, there is always a concern this could be part of an elaborate pump-and-dump cycle. Although the jury is still out on whether or not the TRON Price is heavily pumped, the currency is losing ground pretty quickly. Just a few days ago, the TRON price was close to $0.26, whereas it is now heading to below $0.14. It seems this flavor of the week is running out of steam pretty quickly. TRON Price Keeps Dropping Lower For those unaware of what TRON is or does, the projectPowered by WPeMatico
‘Vaporware’ is a term that’s tossed about loosely, often against cryptocurrency projects that have no clear use case. It’s an easy accusation to make given that many crypto projects are still at the development stage, and haven’t had a chance to prove themselves. This year’s vaporware could be next year’s ethereum – or at least […]
The post Tron, Cardano, Verge and Ripple – Four Cryptocurrencies That Actually Meet the Definition of Vaporware appeared first on Bitcoin News.
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Cryptocurrency’s market cap top 10 has a newest addition – Tron. The Chinese-based multimedia/entertainment platform jumped to record highs between the night of January 3rd and the morning of January 4th, cementing itself among crypto’s most valuable assets. Out With the Old, In With the New Come the morning of Thursday January 4th, Tron had supplanted Dash in cryptocurrency’s top ten rankings. At time of writing, the asset is up 137% from its price 24 hours ago. This puts its coast at $0.19 per coin and a $12.8bln market cap. This impressive rise contributes to what had already been incrediblePowered by WPeMatico
In an unregulated market such as cryptocurrency, bad actors and spontaneous events continually prey upon unknowing individuals. While the victims of these acts typically consist of naive and inexperienced individuals, even savvy traders sometimes find themselves duped by these ploys. Since last Thursday, McAfee Antivirus creator and eccentric cryptocurrency magnate has been tweeting a “coin-of-the-day” to his almost 500,000 followers on Twitter. The results of these daily tweets are exactly what one would expect: the coin spotlighted in each tweet is almost instantly pumped as all of the tech pioneer’s followers rush to buy, guided by a fear of missing out (FOMO). Of course, the pumpPowered by WPeMatico
For the price of one millibit – or a thousandth of a bitcoin – you can buy 700 verge or 1,300 reddcoin. These microcap coins lack bitcoin’s luster, but they do have two things in their favor: there’s a lot of them and they’re ”cheap”. Priced out of being able to afford a whole bitcoin, […]
The post Faced With Never Owning a Whole Bitcoin, Investors Are Turning to Altcoins appeared first on Bitcoin News.
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