Bitcoin Becomes World’s Eleventh Biggest Money Supply

August 8, 2019  /  by Crypto.IQ
Bitcoin has seen exponential growth over the last decade since it was launched in January 2009. It’s just achieved another landmark as it now becomes world’s eleventh biggest money supply – larger than the currencies that belong to some of the most powerful nations. Boasting a market capitalization just above $200 billion, Bitcoin has become… Read more

Coinbase Plans on Introducing Eight New Coins Including Decred, Dash, Algorand, and Cosmos

August 7, 2019  /  by Crypto.IQ
Coinbase plans to introduce eight new cryptoassets for platform users, including Cosmos (ATOM), Algorand (ALGO), Decred (DCR), Dash, Matic, Ontology (ONT), Harmony (ONE), and Waves. However, the firm is planning to add these digital assets on a jurisdiction-by-jurisdiction basis in accordance with the regulatory framework that governs the area of their operation. Besides, Coinbase also… Read more

Litecoin Halves Its Block Reward for Crypto Miners

August 6, 2019  /  by Crypto.IQ
Litecoin (LTC), the fourth-largest cryptocurrency at present with regards to market capitalization, has halved its crypto reward for miners. According to Litecoin explorer from BTC.com, the Litecoin blockchain hit the maximum block height of 1,680,000 on Monday at 10:16 UTC. This event marks a significant threshold for Litecoin miners, as the network is programmed to reduce… Read more

Bitcoin (BTC) Rallies And Stocks Plummet as the Trade War Between China and The United States Intensifies After Trump Tweet

August 5, 2019  /  by Zachary Mashiach
China dropped the price of their currency to an almost a historic low. It’s called “currency manipulation.” Are you listening Federal Reserve? This is a major violation which will greatly weaken China over time! — Donald J. Trump (@realDonaldTrump) August 5, 2019 President Donald Trump has proven the power of Twitter. A single tweet from… Read more

Branson-backed Crypto Firm Initiates A Super-Fast Exchange To Compete with Coinbase

July 31, 2019  /  by Crypto.IQ
Blockchain, the renowned crypto wallet platform, says it has launched a “lightning-fast” cryptocurrency exchange which is aimed at providing the fastest trading experience. The new exchange is named “The PIT,” and it was made possible by the efforts put in by several former executives of TD Ameritrade, Google, Goldman Sachs, and the New York Stock… Read more

The Myth of Cryptocurrency Halving Events: A Deeper Analysis

July 26, 2019  /  by Crypto.IQ
Strix Leviathan designs and operates algorithmic trading software for the cryptocurrency markets. The global nature and uncertainty surrounding the nascent cryptocurrency asset class leads to a market that is entirely defined by the behavioral patterns of market participants. Separating fact from fiction and noise from signal is no easy task in a market with such… Read more

JP Morgan Admits the Dollar’s Status as Reserve Currency is Faltering, Could Improve Bitcoin’s Status

July 26, 2019  /  by Nibir Reza
The US dollar seems to be faltering and is in danger of losing its dominant status as the reserve currency of the world. This is according to a note from the strategist at the JP Morgan’s Private Bank believes.  “We believe the dollar could lose its status as the world’s dominant currency (which could see… Read more
asia loves crypto

Four Reasons Asia Loves Crypto

July 16, 2019  /  by Peter Pham
Well, at least people in Asia do.  The soaring values of cryptocurrencies these last few years have naturally caught the eye of investors in the region looking to grow their wealth fast. In general, cryptos are viewed as investment vehicles that possess a real potential for strong performance and handsome profits.   However, for governments… Read more

Alternative Cryptocurrencies Have Drastically Weakened Relative to Bitcoin (BTC), Reminiscent of the Collapse of the Dot-Com Bubble. Ultimately This Is Making the Crypto Space Stronger Than Ever

July 15, 2019  /  by Zachary Mashiach
The Bitcoin (BTC) dominance percentage, which is the Bitcoin (BTC) market cap divided by the total crypto market cap, has now risen to 66%. In other words, the Bitcoin (BTC) market cap, which is $188 billion, is now nearly double the $96 billion combined market cap of the other 2,266 cryptocurrencies listed on CoinMarketCap. This… Read more

Bitcoin (BTC): No Matter What

July 5, 2019  /  by Bill Noble
Today’s post-holiday candle on the Bitcoin (BTC) chart from BitMEX doesn’t seem like much. However, appearances can be deceiving. Using hand kept Gann work, we found a setup for another major rally.  By touching $10,750 on July 5 (Figure 1), Gann work shows there is potential for another massive leg higher in $BTC to start… Read more