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Putting an End to the Bitcoin Store of Value Fallacy

Over the last few years, many have claimed that bitcoin core (BTC) has turned into, or will soon become, a store of value (SoV). Proponents of the BTC-based SoV theory seem to think that money can somehow store value and if it’s held long enough, the price will be higher or predictably useful when spent […] The post Putting an End to the Bitcoin Store of Value Fallacy appeared first on Bitcoin News. дальше »

2019-5-6 01:10


‘Bitcoin is a store of value’ says Jimmy Song; compares BTC to traditional investment asset like real estate

Bitcoin [BTC], the largest cryptocurrency, crossed $5,000 and managed to stay above it for a long time. The coin’s value did take a hit due to the Bitfinex-Tether fiasco. The ups and downs in the market caused many to question the value of crypto in general, however, Jimmy Song, prominent Bitcoin influencer, talked about the […] The post ‘Bitcoin is a store of value’ says Jimmy Song; compares BTC to traditional investment asset like real estate appeared first on AMBCrypto. дальше »

2019-4-28 19:30


Ethereum [ETH]: Samsung planning to create its own ETH-based blockchain; may issue own token soon

The mainstream adoption of cryptocurrencies and blockchain technology has come a long way, with many financial and non-financial institutions now entering the mix. Technology giant, Samsung, is not new to the field, as the South Korean organization previously blew up the cryptosphere by meshing crypto with the launch of the company’s latest flagship device, the […] The post Ethereum [ETH]: Samsung planning to create its own ETH-based blockchain; may issue own token soon appeared first on AMBCrypto. дальше »

2019-4-24 14:00


XRP Designed To Reach Astronomical Heights, As it’s Scalable Enough To Reach 7.5 Billion People

XRP has been among the few top cryptos that have dominated the crypto news scene for a long time. Every now and then there’s something to inform about XRP and its company, Ripple. In fact, Ripple has been doing everything in its power to ensure that XRP gets adopted by as many institutions as possible. дальше »

2019-4-19 10:02


Bitcoin’s 48 hours are done: BTC’s most important correction move has begun, but to what end?

Bitcoin’s recent price surge and its sudden correction were the center of speculation and many conspiracy theories. Some of these theories speculated that institutional buyers set long trades before the pump and that the correction that followed the pump was sparked by WikiLeaks’ Julian Assange, who sold 4,000 BTCs worth approximately $20 million. дальше »

2019-4-13 00:30


Romaine Lettuce Is Being Blockchain Technology, Thanks To The IBM Food Trust Network

Romaine Lettuce Can Now Be Tracked With Blockchain Technology, Thanks To The Addition Of IBM Food Trust Network Blockchain technology has come a long way in the last ten years. Though it originates in the cryptocurrency industry, many people have recognized the benefits that come from having an honest and transparent distributed ledger, especially when […] дальше »

2019-4-12 23:20


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Sparkswap, World’s First Lightning Atomic Swap Exchange, Now in Beta

Bitcoin’s first decentralized exchange to make use of the Lightning Network’s Atomic Swaps is now in beta. Sparkswap, an exchange with backing from Pantera Capital (which announced its ambitious mission to become the most decentralized bitcoin exchange on the market in August 2018), has now opened its beta to users. дальше »

2019-4-9 23:28


Binance CEO CZ attacks exchanges with fake trading volume; claims ‘credibility’ is most important

The issue of fake data in the cryptocurrency space has been prevalent for a long time now and many proponents and luminaries in the space are trying hard to combat it. Bitcoin [BTC], the largest cryptocurrency in the space, has been at the center of many controversies involving fake trading volumes and exchanges manipulating the […] The post Binance CEO CZ attacks exchanges with fake trading volume; claims ‘credibility’ is most important appeared first on AMBCrypto. дальше »

2019-4-6 17:30


Shapeshift CEO Says Adoption Advances and Bitcoin Price Increase Cannot Coincide Over Years

Bitcoin’s rise above the $5,000 threshold has been significantly publicized in both the crypto community and mainstream media, considering how long Bitcoin has remained still. Many proponents have popped up to speak on their support of cryptocurrency and decentralization, including CEO and founder Erik Voorhees of Shapeshift. In a tweet, Voorhees explained that the rise […] дальше »

2019-4-5 00:44


Bitcoin [BTC]: China’s ‘Google’ Baidu registers ‘bitcoin’ as the most trending topic after bullish spike

Bitcoin’s [BTC] recent surge that enabled it to break out of its long drawn out bearish slump, created a splash in the cryptocurrency industry as well as the world of finance. The rise in Bitcoin’s price was just the tip of the iceberg as many other cryptocurrencies lower on the price charts also witnessed significant […] The post Bitcoin [BTC]: China’s ‘Google’ Baidu registers ‘bitcoin’ as the most trending topic after bullish spike appeared first on AMBCrypto. дальше »

2019-4-4 16:30


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21