The Global Cryptocurrency ATM Market could be Worth $145 Million

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Even as cryptocurrency values dropped, the number of ATMs has exploded, globally. In fact, according to Coin ATM Radar, there are now 5,055 of them around the world. At the moment, the U.S. has the most with 3,271 machines installed.  New Jersey has 177 Bitcoin ATMs. New York has 125. Illinois has 360 of them.  Globally, Austria has … Continue reading “The Global Cryptocurrency ATM Market could be Worth $145 Million”

Cryptocurrencies: What to Watch for in 2019

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2018 was a terrible year for cryptocurrencies. One-time high-fliers like Bitcoin (BTC) slipped from lofty valuations near $20,000 to less than $4,000 in months. And while many investors have abandoned the space, there are still signs of solid growth and upside ahead. One, we’re watching for Institutional Interest One thing we have our eye on … Continue reading “Cryptocurrencies: What to Watch for in 2019”

Galaxy Digital, Fidelity, Bakkt Banking on Institutional Crypto Interest

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Truth be told, digital asset centric merchant bank, Galaxy Digital has not been at its best in recent months. You see, the bank has had to divulge its balance sheet for Q1 to be coherent with its appearance on the Toronto Stock Exchange. That’s not all. In addition to that, the Galaxy’s top brass has … Continue reading “Galaxy Digital, Fidelity, Bakkt Banking on Institutional Crypto Interest”

Ripple (XRP) to Displace Ethereum (ETH) in Rank

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On Tuesday, the price of Ripple (XRP) spiked by 4%, indicating that it could potentially displace Ethereum to become the world’s second-biggest cryptocurrency by market cap. Indeed, this surge happened after Ripple Lab’s CEO Brad Garlinghouse restated the need for a global framework for crypto-based payments. The chief executive also engaged in a tirade against … Continue reading “Ripple (XRP) to Displace Ethereum (ETH) in Rank”

Media Prima of Malaysia Latest Victim of Ransomware

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Hackers recently attacked Malaysian media company Media Prima Berhad. Subsequently, Ransomware blocked the company’s access to the internal email system. Furthermore, the criminals demanded either 1,000 Bitcoin (BTC) or $6.3 million. Media Prima is a massive company behind several leading newspapers, as well as TV channels and advertising. Its television programming boasts the highest viewership … Continue reading “Media Prima of Malaysia Latest Victim of Ransomware”

All You Need To Know About Cryptocurrency

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You might have heard of Bitcoins? Do you really know what it is? Well, it is a cryptocurrency or a digital coin that helps you transfer funds anonymously. What Is A Cryptocurrency? Before we delve deeper in the world of cryptocurrency and its type, you need to know what it is. Cryptocurrency is a form … Continue reading “All You Need To Know About Cryptocurrency”

The Top 10 Cryptocurrencies of 2018 to Know About

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Ever since its inception, Bitcoin has managed to maintain its spot on the top the most sought out cryptocurrencies, despite incessant volatility. While the year 2017 started with exponential growth, 2018 saw the prices crash.  However, there are still standout coins in the chaos.  Here are the Top 10, in our opinion. The Top 10 … Continue reading “The Top 10 Cryptocurrencies of 2018 to Know About”

Why Dogecoin (DOGE) is Quickly Gaining Momentum

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It’s been a standstill week for the market overall, but not for Dogecoin (DOGE). At $0.004, its market cap just reached $476 million on the day.  It’s now the 21st top coin, per CoinMarketCap.com. Crypto-loan service SALT recently added support for Dogecoin (DOGE) For one, the project made famous for its Shibu Inu mascot may … Continue reading “Why Dogecoin (DOGE) is Quickly Gaining Momentum”

Tether (USDT) Continues to Drop, More Tokens Pulled from Circulation

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The leading stablecoin Tether (USDT) continued to plummet by another 2.2 billion in the last 24 hours.  Additionally, another 250 million coins are out of circulation.  Customers continue to withdraw based on suspicion about whether the currency is actually fiat-backed.  Furthermore, the company still didn’t provide proof of this. Tether (USDT) does not reveal this … Continue reading “Tether (USDT) Continues to Drop, More Tokens Pulled from Circulation”

Technical Analysis: Bitcoin (BTC) at its Line in the Sand

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One of the best ways to trade cryptocurrency is by spotting support and resistance points. With Bitcoin (BTC), for example, the coin caught the same support line at $6,000 several times. Additionally, technical pivot points were used to confirm exact buy-in points. For example, in July 2018, Bitcoin fell to its lower Band around $5,920. … Continue reading “Technical Analysis: Bitcoin (BTC) at its Line in the Sand”