Bitcoin Goes Downhill While hackers rob VinDAX Exchange

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $233 billion. Bitcoin price drops under the $9,000 mark. Ethereum continues hovers over the $180 threshold after dropping value points again. Ripple loses the Swell effect and embarks on a disappointing downtrend that sees it end the week at $0.26 days. Hackers steal more than $500,000 worth of cryptocurrency from Vietnamese exchange VinDAX. Crypto Trends…

WMA: Bulls get behind Bitcoin and Ethereum while XRP waits on the annual Swell Boost

The first full week of November sees the 3 main cryptocurrencies bracing for a period of intense volatility. Bitcoin, Ethereum, and XRP are all coming after weeks of fluctuation and investors’ despair. Now, the market sentiment points to a fight to the death between bears and bulls, with the latter slightly likelier to come out on top. The week starts with a total crypto market capitalization of $247 billion that sees it lose $10 billion from the $257 billion-mark that…

Bitcoin on the rise and China gets behind blockchain technology

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary ● The Crypto Market ends the week at a total market capitalization of $247 billion. ● Bitcoin price recovers from last week’s slump and nears the $10,000 mark. ● Ethereum continues its upward journey beyond the $180 threshold. ● Ripple rests on the sidelines patiently waiting for next week’s Swell Conference. ● Libra’s chances of success get another blow. This time from a social media giant…

Bitcoin and Ethereum Awaiting Confirmation of Market Direction

Key Takeaways Bitcoin reaching key support zone. Ethereum appears to want a rally but lacking conviction on the USD and BTC pair. BTC/USD Weekly Daily After 26 days, Bitcoin decided to make a move - many were expecting a bounce, but this proved to be premature.  On Wednesday, BTC/USD fell through its range support at the $7800 zone, finding a new local bottom at $7308. The 200-week moving average was acting as support for this range until the price fell…

WMA: Bitcoin price drops below $8000 and Libra loses the backing from VISA and PayPal

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $217 billion. Bitcoin’s price drops below $8,000 Ethereum price fails to reach the $180 threshold. Ripple still struggles to overcome the $0.30 hurdle. Facebook's Libra loses support from Visa, MasterCard, and PayPal. Crypto Trends 13-20th of October 2019: Performance & Analysis The third week of October 2019 has seen the crypto market continue its…

The Beginner’s Guide to Ethereum – All You Need to Know

Ethereum is a public computing network for decentralized applications that operate globally. Ethereum is often thrown into the same basket as Bitcoin by crypto neophytes. However, besides its cryptocurrency token, Ether (ETH), there are very few similarities. Ethereum has a more far-reaching use of blockchain technology. It enables users to develop and run almost any type of code, store it on the ledger, and let it gain authenticity through smart contracts and the entire platform's participation. Ethereum empowers people from…

Coinmerce Cryptocurrency Exchange – Trade Crypto From Anywhere

Today, roughly 5.4 billion people, or 60% of the global population, are digitally connected, and this connection is happening mainly via the internet through mobile devices. The digital world rapidly shifts from desktop/laptop to mobile transactions. Projects that can leverage this change will create huge opportunities in days to come. In our endeavor to find projects exploring this space, we came across a project that envisions leveraging future mobile-based digital storage, transactions, and trading, thus creating a decentralized community-driven eco-system:…

Understanding the Difference Between Coins and Tokens

The cryptocurrency hype continues into 2021 with an unprecedented boom on significant coins such as Bitcoin and Ether. The crypto industry is evolving daily and will seemingly rule the traditional financial world. Despite the known volatility of digital assets like coins and tokens from their introduction, people are still anxious about them and want to try their luck by investing in them. However, one thing that might confuse the new class of investors is the crypto industry terminologies. For instance,…

A Beginner’s Guide to Ethereum (ETH) ERC-20 Tokens

If you're new in the crypto space, the concept of Ethereum and ERC20 tokens can be pretty mind-boggling. Despite being a blockchain such as Bitcoin, Ethereum has numerous capabilities, such as supporting the creation of other tokens and enabling decentralized applications (dApps) to be run on it. In addition, Ethereum provides the necessary infrastructure to create tokens, meaning developers don't have to build an entirely new blockchain.  In creating tokens on the Ethereum blockchain, developers may comply with the ERC-20…

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