NewsRoom Articles - Page 95 of 174

MondayDec 16, 2019 1:10 pm

The Story Behind Ross Ulbricht and The Silk Road Darknet

If you’re active on crypto twitter you must have come across Ross Ulbricht’s Bitcoin Price Prediction. Shocking as it is, he says that the leading cryptocurrency will shoot to the $100K level in 2020, based on the Elliott Wave Theory, in or near 2020. The last time I looked, Bitcoin was trading around $7,087 so for it to hit anywhere near the $100K range, it would have to jump over 1000%. This could shoot the market capitalization to levels comparable with a safe haven like gold. We have seen massive jump in prices before, during the bull run of 2017…

MondayDec 16, 2019 1:06 pm

Bullish Times – AMD Joins Blockchain Game Alliance, Partners with Ultra, Robot Cache

Validation matters. After last week’s big announcement that Microsoft had partnered with Enjin on their Azure Heroes program, things got exciting for the world of blockchain gaming. Now, AMD enters the fray by joining the Blockchain Game Alliance and establishing partnerships with Ultra and Robot Cache. Followers of Crypto Twitter know how toxic it can get when any non-Bitcoin project is discussed. The word “scam” is used liberally and has slowly eroded the meaning of the word. Floating behind the scenes are passionate blockchain enthusiasts looking to create fun and innovative ways to create new blockchain gaming worlds. The entire…

FridayDec 13, 2019 12:04 pm

Bitcoin-Backed Economies Are Probable

According to Deloitte’s weekly global economy update, the U.S. – China trade war is heating up due to statements and actions made by the United States that could exacerbate the geo-political atmosphere with world-wide effect. With massive losses on Chinese stock exchanges and outflow of investor funds from China, there is no positive end in sight for the global economy as we know it. Leading Asian economies like India have taken a negative stand on cryptocurrencies despite struggling with an economic slowdown. Experts are speculating the causes of the slowdown and possible solutions for breathing life into a dying economy.…

ThursdayDec 12, 2019 1:06 pm

What Is Pantera Capital?

What You Need to Know About Pantera Capital Pantera Capital is a blockchain and cryptocurrency-focused investment firm. The investment entity allocates capital to blockchain ventures, different tokens, and emerging digital currencies a well as digital assets. Pantera Core Belief “We believe digital currency is at an inflection point, making it the right time for a transition to more institutional management.” — Dan Morehead The firm started in 2013, at a time when only a few traditional financial entities and professionals were genuinely involved in the blockchain and cryptocurrency sector. Pantera Capital stepped into the cryptocurrency and blockchain industry at an…

WednesdayDec 11, 2019 1:04 pm

Galaxy Digital Holdings is Still Losing Money

Galaxy Digital Holdings is still losing money – but is anyone really surprised? Just look at the overall cryptocurrency market. It is bleeding and confidence in the crypto markets range from nil to cautiously optimistic. The New York-based firm, which conducts several vital activities such as trading and principal investments, has had a bumpy ride as a publicly-traded entity. Michael Novogratz took the company public through a reverse merger and ran into a bear market. But still, the company traded, made investments, and is still present in the cryptocurrency market today. Further, it seems like Novogratz is taking the long…

TuesdayDec 10, 2019 12:48 pm

What Drives Cryptocurrency Price Swings Around the Holidays?

We’ve been pondering the price swings of Bitcoin as the winter holiday season is ramped up in time for Christmas and the New Year. Following yet another swing this week, we’re left to wonder what drives volatility around holidays? Is it FOMO as the year end approaches? It is simply a seasonal or cyclical thing? As the holidays approach, cryptocurrencies usually see positive price movement – something that seems hard to deny when looking at the historical charts. In 2017, Bitcoin was trading around the $6K mark before Thanksgiving, but and by mid-December it was nudging $20K. We know that…

MondayDec 09, 2019 1:20 pm

The Wild West Crypto Show Asks, ‘How Did Bo Know?’

It’s a rare thing to predict any market, much less the cryptocurrency one. So, on episode 86 of the Wild West Crypto Show, hosts Drew Taylor and Brent Bates wonder aloud: “Was it just coincidence that Bo Polny’s forecast for cryptos held true?” Polny, president of Gold 2020 Forecast LLC, is well-known in the gold and silver industry as a successful market analyst. His heads-up that “cryptos would start running up” before Thanksgiving showed why. On Black Friday, bitcoin surged to $7,760 from a low of $6,908.64 just five days earlier. It would have been a happy Thanksgiving for those…

MondayDec 09, 2019 12:37 pm

4 Major Changes Bitcoin Faces In 2020

The coming year brings a whole new decade, and as we enter the 2020s, it will be the first full decade in which bitcoin has had mainstream relevance. As always with cryptocurrency, one really doesn’t know what to expect. Heading into the new year, however, there are already some changes on the horizon. Here, in our estimation, are four to keep an eye on where bitcoin is concerned. 1. The Halving This spring, the inevitable will happen: the amount of bitcoin that is mined into circulation at any given moment will be cut in half. The cryptocurrency was designed to…

MondayDec 09, 2019 11:51 am

Xalles Holdings Inc. (XALL) Banks on Bullish Cryptocurrency Global Trends

Xalles entered revenue sharing relationship with automated cryptocurrency trading engine ATN Trading, enabling customers to link their Binance or Coinbase accounts to the engine to trade many currencies According to Q2 2019 results, the company has generated revenue for fifth consecutive quarters Non-cash transactions expected to top $1 trillion by 2023, as cryptocurrency systems are becoming increasingly popular Heeding expert forecasts, fintech holding company Xalles Holdings Inc. (OTC: XALL) is banking on the bullish cryptocurrency global trend as it takes steps to perfect its distribution of automated crypto trading solutions and make cryptocurrency trading more accessible. Since decentralized systems are…

FridayDec 06, 2019 2:14 pm

SRAX Inc.’s (NASDAQ: SRAX) Focus on Consumer Privacy and Control of Digital Data Ahead of Competition

SRAX BIGtoken proprietary platform based on consumers’ rights to privacy, ownership of digital data BIGtoken platform allows consumers to own and earn from their digital data SRAX offers access to valuable proprietary data from consumers who opt in SRAX Inc.’s (NASDAQ: SRAX) philosophy about the importance of consumers controlling and owning their own personal digital data has been reinforced by a YouTube video from Apple that tells consumers that their own private information on an iPhone – from personal health to text messages – should remain private. SRAX, a technology firm that permits consumers to control their own digital privacy…