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Prominent Bitcoin Analyst Says Altcoin Carnage May Soon End: Here’s Why

Your favorite altcoin may be up 100% year-to-date, but make no mistake, Bitcoin is currently the alpha of the cryptocurrency pack. Related Reading: Bears in Charge as Bitcoin Price at Risk of November 2018 Style Dump Since Bitcoin dominance hit some 32% in early-2018, altcoins…

Analysts: Bitcoin to Post More Losses After BTC Flash Crash to $11,200

Youch. On Saturday, Bitcoin (BTC) was subject to the umpteenth flash crash in the past few weeks. Within a few minutes’ time, the cryptocurrency had shed $500 — around 4.5% — to lose the key support of $11,800. Related Reading: Crypto Tidbits: Bitcoin Mining by…

The Logbook: The broken peg that caused the Asian financial crisis

In a move that hints at uncertainties some developing countries are facing amid the ongoing trade war between the U.S. and China, Thailand’s central bank voted to cut interest rates by 25 basis points from 1.75% to 1.50% earlier this week. It was Bank of…

Bitcoin Shoots Past $12,000, Continues to Rally as Dow Jones Sinks

Bitcoin has continued to tear higher. As of the time of writing this, the flagship cryptocurrency is up 5% in the past 24 hours, finding itself trading for $12,500 a piece. Altcoins, interestingly, have not followed suit, perpetuating a trend of non-BTC crypto assets underperforming…

Fed cuts interest rates for the first time since the birth of Bitcoin

The Federal Reserve is cutting interest rates for the first time since the 2008 financial crisis, the year the bitcoin whitepaper was released.  In a much anticipated, live-streamed announcement today, Fed chair Jerome Powell said it is cutting the interest rate by 25 basis points,…

Bitcoin: A tale of two ‘Vol’s

Joe McCann is the Founder and Chairman of the Board of NodeSource and former quant trader for Passport Capital. This piece is purely for informational purposes; nothing in this post should be construed as investment advice. Volatility and volume, or lack thereof, has been the story…

Crypto Assets Tank, Lose 5% in Minutes as Bitcoin Fails to Hold $10,000

Would you look at that — over the past 30 minutes, crypto assets have tanked. In a matter of about ten minutes, most large-cap altcoins, including Ethereum, XRP, and Litecoin, shed approximately 5% on average. The sell-off in the price of Bitcoin was the catalyst…

Alts bleed, Bitcoin leads

Joe McCann is the Founder and Chairman of the Board of NodeSource and former quant trader for Passport Capital. This piece is purely for informational purposes; nothing in this post should be construed as investment advice. With so much in the news this past week surrounding…

Tether Keeps On Churning As 50 Million Tokens Enter The Market

Tether keeps on churning out new currency since about 50 million USDT tokens entered the market while the downward slide for Bitcoin continues. In the altcoin news today we take a closer look at the analysis. Bitcoin spent most of the day yesterday in a…