Bitcoin Bubbles Since 2010 in One Image
Here is an image showing every Bitcoin bubble since 2010 from one low to the next. This helps one to see how a series of runs and corrections took Bitcoin from $0.05 to $20,000.
Bancor Hack Results in $13.5 Million Lost; User Funds Safe
The wallet/exchange service Bancor suffered a security breach on July 9th that led to $13.5 million worth of Ethereum (ETH), Bancor (BNT), and other tokens.
Bitcoin Shows Strength and Altcoin Market is Full of Potential Deals
Bitcoin has shown some strength in July, meanwhile some alts haven’t kept up. This means there are some potentially amazing alt deals.
Bitcoin Volatility is at the Lowest it Has Been in a While
Bitcoin’s volatility is generally at the lowest it has been in a while. Each failed rally of 2018 has resulted in less volume and less volatility.
South Korea Recognizes Crypto as an Industry
South Korea has been at the forefront of embracing cryptocurrency and blockchain technology. South Korea’s latest move is recognizing crypto / blockchain as an industry and providing classifications for different types of crypto businesses.
India Has Been Cracking Down on Crypto
India has been cracking down on crypto in 2018, seemingly as a response to the epic rally of 2017.
Fundstrat’s Tom Lee Revises BTC Projection From $25k to $20k
Fundstrat’s Tom Lee has revised his BTC projection for 2018 from $25k to $20k. His projection is based on the idea that BTC will trade for 2.5x its mining cost.
Adam and Eve Double Bottom For 2018 on the Weekly?
Could Bitcoin be forming an Adam and Eve double bottom on the weekly chart for 2018? If it does it would be one epic reversal.
Binance Hacked, Sys Pumped, Funds Safe, and Problem Fixed
Hackers compromised Binance on July 3rd. They gained access to APIs and pumped the token SYS. However, all funds are safe and the issue has been fixed.
Tron up to Big Things Amid Crypto Correction
Tron (TRX) has had a busy month. They launched their main network, will be accepted on a popular adult site, locked up some coins, and more.