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Why Criminals Love The Blockchain

Blockchain technology is loved and adored by many, from the humble cryptocurrency investor to the passionate developer, the blockchain boasts advantages for everyone, remember, there’s a hell of a lot more to the blockchain than just Bitcoin, isn’t there. With this however does come some drawbacks in that, a number of the inherent advantages of blockchain technology does make this technology an ideal tool for criminals, namely cyber criminals who wish to exploit the anonymous nature of blockchain technology. Is this really a bad thing? No, of course not. Look at it this way - cars and vehicles are loved...

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The Future Of Bitcoin According To Tim Draper

Earlier this month, famed cryptocurrency investor and crypto-celebrity Tim Draper spoke out about his views for the future of Bitcoin. Historically, Draper has been known to be very bullish about cryptocurrency. Of course, as an investor it does benefit him to be bullish. In short, Draper believes that despite current forecasts and the trend of the last year, Bitcoin will climb beyond heights never before experienced, thanks to the bullish community of investors that sit behind it. Here’s a snippet of what Draper had to say earlier this month at the Salt Conference in Las Vegas: “It’s going to keep...

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Ethereum (ETH) Expected To Fall Below $250 As Buying Frenzy Comes To An End

Ethereum (ETH) has made quite a move to the upside in the past 24 hours but it seems to have hit the wall as the price has now started trading inside a descending triangle. This triangle is very likely to break to the downside and could be the catalyst that brings about Ethereum (ETH)’s fall below $250. We expect ETH/USD to ultimately decline below $200 during the next decline but for now it is likely to decline below $250 and trade sideways until its next major decline when Bitcoin (BTC) starts to fall. One pattern that we have seen during...

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‘Bitcoin Is Merely The First Manifestation Of Blockchain’

There are many well known quotes from prolific figures within the cryptocurrency industry, quotes that have sent ‘ripples’ through the community in the past. Though things have changed since people first started talking about Bitcoin, many of these quotes still ring true today. Bitcoin is a force that is changing the world, let’s take a look at what people are still saying about it. Mark Kenigsburg, the founder of Bitcoin Chaser famously said: “Blockchain is the tech. Bitcoin is merely the first mainstream manifestation of its potential.” This is true, right? Blockchain is the driving force behind all of this,...

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Bitcoin (BTC) Big Picture Remains Intact As Market Wipes Out Greedy Bears

In an interesting turn of events, Bitcoin (BTC) whales made it clear to the bears last week that maximum pain is yet to come. Bitcoin (BTC)’s recent price action has led to a large number of shorts being liquidated especially in the $6000-$8000 range. This is where most bears expect BTC/USD to stop and start heading downwards but contrary to their expectations it has kept on surging. There should be no confusion that BTC/USD has not bottomed at all. In fact, the recent events have made it quite clear that this is not the bottom. This new wave of FOMO...

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