Rio Carnival to Feature Bitcoin This Year

Rio Carnival to Feature Bitcoin This Year

Imperatriz Leopoldinense, a prominent Brazilian samba school, has chosen money as the theme of its performance during the 2019 Carnaval do Rio de Janeiro, which will be held in the week of March 2 – 9. Its dancers will tell the history of money, from the first metal coins and paper bills to modern day…

Bitcoin Needs To Reach At Least $7,000 to Save the Mining Industry: Analyst

Bitcoin Needs To Reach At Least $7,000 to Save the Mining Industry: Analyst

The economics of Bitcoin (BTC) is a touchy subject. Case in point, debates regarding the subject matter are the catalyst for some of the project’s leading forks. And while discourse regarding the subject has dissipated, especially as Craig Wright and Roger Ver have gone on their merry way, the long-term sustainability of Bitcoin’s consensus mechanism…

Bullish Dollar Threatens Gold’s Resurgence

Gold prices tumbled on Monday, as the dollar retained its bullishness amid ongoing trade tensions between the United States and China. At this stage, a comprehensive trade deal between the two superpowers appears highly unlikely before the March 1 deadline. Gold Loses Its Shine The April futures contract for gold reached a session low of…

Analyst: Bitcoin Price Similarities To 2015 Bottom Is “Unreal,” What Could it Mean?

Analyst: Bitcoin Price Similarities To 2015 Bottom Is “Unreal,” What Could it Mean?

Bitcoin (BTC) is the next frontier. No technologies have gone where crypto assets and related innovations are heading. Yet, within this space, reoccurring patterns have been observed, even though the movement of industry fundamentals, chart technicals, and social metrics seems sporadic and unpredictable. This theme was only cemented recently, as a leading cryptocurrency trader divulged…

Coinify Adds BCH and Rebrands Its Trading Platform

Coinify Adds BCH and Rebrands Its Trading Platform

Coinify, the Copenhagen-based cryptocurrency exchange and payments provider, has announced the introduction of three new virtual currencies to its buy and sell platform. Users can now purchase bitcoin cash (BCH) plus altcoins XLM and BSV directly with bank transfer or credit card. Also read: Heavy Borrowers and Near-Failed States Likely To Drive Hyperbitcoinization Coinify Users Can…

Crypto Breakout Coming? Volume Indicators Say Yes

The major cryptocurrencies reported slight-to-moderate gains on Monday, as the return of high-volume trading offered compelling evidence that a bearish-to-bullish trend reversal may be afoot. Market Update Most of the top 20 cryptocurrencies are trading in positive territory. Among the majors, Ethereum is leading the way higher. The developer’s cryptocurrency has gained 4% in the…

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