With so much emphasize on the price of cryptocurrencies, the issue of actual use seems to have become an afterthought. The reality is these assets must become useful for everyday people doing everyday things. Let’s look at the top five contenders for everyday usage in the near future.
Most cryptocurrency prices dropped sharply in the beginning of September. The rest of the month has been spent consolidating the initial loss, which leaves traders arguing where prices should go next. While the market looks vulnerable to lower prices it’s not hard to argue a bottom is being made. The market continues to wait for […]
The cryptocurrency market has been quiet for the past week and trading volume has been drifting lower since mid-August. Most people are simply waiting for a reason to buy or sell and other than traders trading around the fringes there hasn’t been much activity in the past week. As we deal with the continuation of […]
Bear markets are never fun, but these are the wealth-building times. People who chase markets higher, such as happened at the end of last year, rarely have the opportunity to make huge gains compared to those who do their buying during a bear market. Compare the stock market today to where it was in 2008 […]
Gold promoters often cite inflation’s steady rise after the United States abandoned the gold standard in 1971. Yet is gold the worst investment ever? Quite possibly. The U.S. dollar no longer being backed by gold became a reason to invest in the real thing — gold itself. Warren Buffett, a stock picker who hates gold, says […]
Bitcoin has remained relatively strong as compared to most other coins and in fact it has been the coin to run to when trouble hits, either in the cryptocurrency market or because people are running to Bitcoin in place of their fiat currency. At the end of 2016, just before many of the altcoins started […]
Anticipated approvals of a Bitcoin ETF fall through, leading recent buyers to become sellers. Selling pressure has momentum but real investors are staying in — many of them already billionaires. Big corporate brands are starting to make serious moves into blockchain applications that will make them more efficient. Despite more good news about developments in […]
If you knew which ones to buy, a handful of altcoins better than Bitcoin made eye-popping percentage gains. In the last 18 months, more than 1,000 altcoins launched through initial coin offerings (ICOs). The total wealth created is estimated at $35 billion and, on average, three to five altcoins are launched per day, globally. Yes, […]
Bitcoin is up on stronger volume, a bullish sign. We need to see buying on stronger volume to confirm the rebound. Don’t rush to buy until the charts support a move higher. The crypto market has seen a big bounce this past week and it has many wondering if it’s the real thing. Is this […]
Bitcoin price is under pressure, nearing prices seen in late 2017, just before the enormous bull run to $20,000. This is exactly what big investor want as the underlying blockchain technology gains traction across the economy. Many wealthy and famous crypto critics are likely now buyers, despite their early claims that cryptocurrencies would not last. […]
