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Month: April 2020

cryptocurrency April 15, 2020

Advertisements The International Monetary Fund (IMF) published a new forecast Tuesday predicting that the coronavirus-induced global economic slowdown will get much worse from here before getting any better. Given Bitcoin’s record correlation with traditional markets, the IMF forecast has now cast serious doubt over the much-anticipated post-halving Bitcoin bull run. Judging by past trends, the […]

cryptocurrency April 14, 2020

Advertisements Ethereum’s Vitalik Buterin downplayed the recent HTC announcement on allowing XMR mining in mobile phones. Vitalik Buterin, the co-founder of Ethereum, voiced a low opinion of the idea of cryptocurrency mining via mobile phones. Tweeting on April 13, Buterin said mining on mobile phones “is a fool’s game,” referring to the announcement by mobile […]

cryptocurrency April 14, 2020

Bitcoin grabs so much attention across the mainstream digital asset ecosystem that a majority of the changes recorded by other major altcoins in the market often go unheeded and unnoticed. Advertisements Ethereum’s latest metrics are an illustration of the same, with the world’s largest altcoin recording a stark difference against Bitcoin over the past 24-hours. […]

cryptocurrency April 14, 2020

Advertisements The founder of Swiss crypto broker Bitcoin Suisse predicts that Bitcoin will move to Proof-of-Stake once Ether has proved the algorithm’s success. Niklas Nikolajsen, the founder of Swiss crypto broker Bitcoin Suisse, predicts that Bitcoin (BTC) will move to Proof-of-Stake (PoS) once the Ethereum (ETH) network has proved the algorithm’s success. Bitcoin’s current Proof-of-Work […]

cryptocurrency April 13, 2020

The crypto market has fallen off hard over the past few days. Ethereum, especially, has been hit hard. Since the highs at $177, the cryptocurrency has fallen as low as $150, sustaining a 15% drop.Key technical and fundamental factors, however, suggest that ETH will soon mount a strong comeback.#1: Ethereum Closed Above a Key TrendlineWhile […]