Bitcoin rebounded above $8k after hitting a recent low of $6k. Most altcoins followed suit. This might be a dead cat bounce, or it might be a recovery. Either way, anyone who bought the dip profited.
The Senate Banking Committee Hearing on cryptocurrency is occurring on February 6th, 2018. We explain and offer updates.
Coinbase is planning to implement SegWit in 2018. This Bitcoin software update will allow for faster Bitcoin transactions and lower transaction fees.
Clearly cryptocurrency went through a price bubble phase and now the bubble has popped. However, this is only one phase in the history of crypto.
Below we present a list of reasons why Bitcoin and altcoins dropped from their all time highs in late 2017 – early 2018. In other words, we examine factors that impacted the January – February 2018 correction.
Bittrex’s CEO confirmed that after some updates Bittrex will soon reopen signups to new users and allow USD trading.
A lot of conspiracy theories were going around about Tether. Tether addressed these theories and ensured everyone that they Tethers are backed 1:1 by dollars and they have been audited.
It can be tempting to sell low or “just hold”… but buying the dips (by setting limit buys near support levels) is generally profitable.
Cryptocurrency has been historically volatile. The only way around that is increased volume. The more people who are using and trading, the less any one person or event can cause volatility.
Bitcoin transaction fees are substantially lower and transaction speeds are substantially quicker than they have previously been.
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