
Bitcoin Selling Pressure on the Rise: What to Expect?
Bitcoin recently saw a major unstaking event, long-term holders’ movement, and looming Bitcoin options expirations, all contributing to potential price volatility.
Bitcoin recently saw a major unstaking event, long-term holders’ movement, and looming Bitcoin options expirations, all contributing to potential price volatility.
FIL witnessed a major price surge after its listing on Upbit exchange, along with a notable surge in development activity.
BitMEX co-founder Arthur Hayes argues that Trump’s reciprocal tariffs will ultimately benefit Bitcoin by weakening the US dollar and increasing the demand for alternative assets.
Cardano (ADA) is hovering around the $0.65 support level, with the analyst warning of a possible 10% drop, but also eyeing a potential rebound to $1.
Coinbase submitted a filing with the US Commodity Futures Trading Commission (CFTC) to introduce XRP futures trading, which is expected to launch on April 21.
Bybit has taken a significant step to enhance security by partnering with Zodia Custody.
Official Trump (TRUMP) has tanked a massive 13% in the past day as analysts see a swift decline to $8 in the near future.
PayPal has added support for Solana (SOL) and Chainlink (LINK) in the US, allowing users to buy, sell, and hold these assets directly.
Despite people’s expectations, Ethereum’s price has struggled to retest its all-time high, and CryptoQuant explains why.
SOL has dropped 7.5% in the past 24 hours, as a whale moved 312,000 SOL to Binance, triggering fears of a sell-off.
Amid Trump’s reciprocal tariffs, XRP price came crashing down 5%, testing crucial support at $2, while futures liquidation surged to $18.5 million.
DOGE is hovering near $0.16, with analysts eyeing either a massive 250% rally or a steep drop to $0.06 if support fails.
Binance has once again overlooked Pi Network in its latest Vote to List initiative, despite selecting 12 other tokens for potential listing.
US-based spot Bitcoin exchange-traded funds recorded an impressive surge in inflows while the leading product saw $116 million in outflows amid the United States tariff war.
South Korea is progressing with its CBDC trial. Major firms like 7-Eleven are set to join the trial, and retail participation is the focus.
For the average millennial or at least anyone that pays attention to the business world, the term “cryptocurrency” would not seem like such a strange word. If that is, then the terms Bitcoin, Ethereum or at least Blockchain should ring a bell. One might wonder, why are these terms suddenly so prevalent, especially cryptocurrency news? Computing is getting rather pervasive and the society is leaning towards digital services. The finance world too isn’t spared as the disruption of technology into this sector has fostered the birth and development of Fintech organizations.
These Fintech organizations look to digitize payments and transactions, offering the same services that are currently in existence but in a better, efficient and more effective way.
Blockchain is the network upon which most of these cryptocurrencies operate on. The history of blockchain and bitcoin, in particular, does not have a definite story. In 2009, an individual or group of individuals known to be “Satoshi Nakomoto” developed and published the technology to allow people make digital payments between themselves anonymously without having an external party to verify or authorize the transfer of the currency being exchanged.
Although technologies like this might seem rather complex, understanding how Blockchain works is quite easy, given that one has a basic idea of how networks work. Blockchain is simply a database shared between several users, containing confirmed and secured entries. It is a network, where each entry has a connection to its previous entry.
This technology affords a very secure model whereby every record in the database cannot be tampered with. Apart from the stellar security that this network offers, the transparency and speed at which the network operates give it an edge over the conventional way of conducting transactions.
In simple terms, cryptocurrencies are just monies in digital form, transacted via digital means and over a digital network. The transfer of these currencies is utilized with cryptography and the aforementioned blockchain network. Up until the 2010s, cryptocurrencies were not really known until Bitcoin made its breakout and this gave rise to the birth of new cryptocurrencies.
Cryptocurrencies have had their fair share of bullish and bearish trends, going to show how unstable they can be. The latest cryptocurrency news reports lots of people predicting prices for various cryptocurrencies in the years to come but no-one can say for sure.
Blockchain, on the other hand, is making its way into pervasive computing, especially IoT, giving way for the development of new solutions that embrace data security and transparency.