Hot Topics

Advertisement

Advertisement

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

New Treasure Found In Historic Swiss Goldmines

Switzerland, famous for a number of the finer things in life, from its cheese to its chocolate, its mountains to its lakes. Historically, this alpine territory was once a centre for mining gold. The precious metal was once rife through the alps, giving local alpine villages like Gondo a thriving mining industry. Mineral excavations in Europe eventually died down, leaving towns and villages all over the continent without work. Let’s face it, the industry was dangerous, and supplies became limited, mining in Europe was never a permanent solution. Well, that’s until cryptocurrency got involved. Gondo, like a phoenix from the...

Read More

Bitcoin News In Plagiary Row, But Is It Really A Bad Thing?

Last week, Bitcoin News (news.bitcoin.com) posted an enlightening article about plagiarism within the crypto-universe. Titled ‘Plagiary Is the Worst Cryptocurrency Scam of All’ (you can find it here, just so I don’t get accused of plagiarism https://news.bitcoin.com/plagiary-is-the-worst-cryptocurrency-scam-of-all/). Articles of this nature do spark up an air of controversy, so I will begin by stating that I certainly do not condone plagiarism, however what I want to do with this is offer a counter argument that highlights why the nature of the internet may lead to plagiary and why actually I don’t think it’s such a bad thing. To re-cap, plagiarism...

Read More