Today's Hot Topics

How A Law From 1816 Could Offer A Solution To Bitcoins Dirty Laundry

More and more cases of hacks, stolen money and tainted cryptocurrencies are making it into the circulation of the crypto-sphere. This is as a result of two key things, first of all, its difficult to write specific laws to govern cryptocurrencies and secondly, more and more people are finding ways of accessing cryptocurrencies without having the make payments. Basically, it’s easier to steal cryptocurrencies than ever before, so more and more people are getting the hands on them and ruining the currency for everyone else. Bitcoin is arguably one of the currencies that is most affected by this blight. Referring...

Read More

Lightning Networks Wallet May Bring More Customers To Bitcoin

Yesterday, (4th of April) the Lightning Networks new Wallet, designed in the shadow of ACINQ’s Éclair Wallet launched on the Google Play Store. As we know, the Lightning Network won’t be able to advertise the new wallet on the Play Store any more, so I guess we are doing them a favour with this article. ACINQ tweeted the news of the launch yesterday evening- Eclair Wallet, our ⚡️ Lightning wallet for Android, is now available on Google Play: https://t.co/nBnW9hnHY7 Source code is on github: https://t.co/G7kMYoXO5W — ACINQ (@acinq_co) April 4, 2018 According to the comments, it is compatible for use...

Read More

Ethereum Moves Past Bitcoin And Takes Top Spot

Bitcoin has been at the merciless hands of the media and the internet of late, looking at the markets shows that it has had a great impact on both the value and the reputation of the coin. Yesterday did look as if a recovery for Bitcoin was underway however, once again the value of Bitcoin is down, only marginally, but in a market where Bitcoins closest rivals Ethereum and Ripple are up, it’s a very negative outlook for Bitcoin and its investors. Most shockingly, according to the International Business Times, Ethereum has officially overtaken Bitcoin as the most popular cryptocurrency...

Read More

Bitcoin Approaches $7500, Is A Recovery In Sight?

At the start of last week, people started to joke about the idea that Bitcoin would decline to a value of $7000. As time went on, these jokes started to turn into worries, which would later turn into harsh realities. Moreover, Bitcoin continued to decline, past the $7000 threshold, worrying investors and fans alike. Honestly, I do believe that people thought $7000 would be the absolute limit for the drop in Bitcoins value, however, when the Easter weekend saw Bitcoin scrape by at around $6500, peoples fears and concerns really did spring to life. Fortunately for many, this trough does...

Read More

Is RSI The Best Indicator Of Trend Reversal For Bitcoin?

When it comes to technical analysis of financial assets, history holds immense importance. If something has happened over and over again in the past, it is of even more significance. Such is the case with RSI, not only with Bitcoin but also with S&P 500, NASDAQ Composite Index and Dow Jones Index to name a few. Surprisingly enough, even the figure of RSI level of 30 applies to all of these. That means, whenever RSI level comes close to 30, we can expect a trend reversal, even if that reversal is short-lived. Bitcoin seems to be enjoying its first green...

Read More