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Thriller Crypto

Analysts Fear the Worst as Bitcoin Price Readies to See 20% Breakout

Over the past week, Bitcoin has found itself flatlining, establishing a tight range in the low-$7,000s as volume tapers off. This consolidation has forced the Bollinger Bands, a moving average-based technical analysis tool often used by traders looking for more information about trading ranges and…

Bitcoin Weak as Positive Trade Deal, Brexit Buoy Investors

So-called safe-haven asset bitcoin appears mum as Trump hints an optimistic “phase one” deal with China and Boris Johnson wins the U.K. parliamentary election. The cryptocurrency risks more declines due to prevailing bearish bias. Strong technical support could send the price back towards $7,500-8,500 area.…

Global Debt to be Worth $12 Million per Bitcoin by Year End

Bitcoin has achieved market capitalization close to some of the biggest corporations, ranging between $100 and $300 billion. But taken in proportion to the size of the world’s financial system, BTC may have a different valuation. Debt Issuance Shows No Signs of Slowing The bloated…

What Ethereum’s Trading Volume Shows About the Intense Bear Trend

Ethereum has been closely tracking Bitcoin’s price action in recent times, which means that the past few months have been incredibly turbulent for the cryptocurrency. Concurrently with this turbulence, ETH has been failing to garner any heightened trading volume, which could offer some insight into…

Maduro Plans to Airdrop Petro to Municipal Leaders and Eligible Citizens

The president of Venezuela, Nicolás Maduro wants the nation state-issued cryptocurrency, petro (PTR) to have the same usability properties as a physical currency. On December 13, Maduro explained on national television that the Superintendence of Crypto-Assets and Related Activities (Sunacrip) will be airdropping 0.5 PTR…

Litecoin Active Address Analysis Points to ‘Dusting Attacks’

The Litecoin network has gone through what looks like a series of “dusting attacks”. Multiple addresses received “dust” amounts of LTC on at least two large-scale occasions in August and November, with other unusual spikes in transaction counts and wallet activity. Dust Attacks Connect Multiple…

Sunday Digest: Bitcoin Price, Scams and Definitely No Politics

Surely I can get through this introductory paragraph without mentioning the UK election. Must be some other news to cling to. If possible I could also tie in some spurious bitcoin comment… Can you buy a National Health Service with bitcoin? Or I could just…

How SLP Dividends Can Tokenize Anything, Including the Stock Market

Not everyone is lucky enough to have access to the stock market and the ability to buy shares in successful corporations like Apple or Coca-Cola. Many impoverished and politically restricted areas make such participation impossible for those who live there. However, thanks to the ability…

Why It’s so Difficult to Launder Money on the Blockchain

There is still a common misconception about cryptocurrencies amongst the public. They often regard it as a method for shady deals and illegitimate companies. This stems partially from the fact that one of the first real-world use cases of Bitcoin was its use for payments…

Bitcoin.com Exchange Lists More Tokens for Trading

Bitcoin.com Exchange was launched in early September 2019 as an easy-to-use platform with world-class security and a powerful trading engine. The venue has rapidly expanded its roster and now offers 27 different digital tokens for users to trade. Two of the latest additions to the…

Indian Lawmaker Says ‘Cryptocurrency Is Inevitable’

Indian Parliament member Dr. Subramanian Swamy has shared his view on cryptocurrency. Advocating for India to make the transition to crypto, he reportedly said, “cryptocurrency is inevitable.” The lawmaker will chair a conference at the UN India’s headquarters next week where issues surrounding cryptocurrency in…