ANALYSIS

Worst Bitcoin Price Prediction of 2019

[ad_1] To prophesize is a natural human tendency. Humanity applauds those who make the right prediction and also love to hate on people when they miss the mark, especially by ridiculously large amounts.For many years, the crypto industry has been prone to high fluctuations and volatility. Nobody can actually predict what will unfold in the upcoming seconds, minutes, hours, days, weeks, months... let alone the years. Once when everyone predicted that
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XRP Price Lost 66% Against BTC in 2019 — Will the Pain End in 2020?

[ad_1] Bitcoin (BTC) price has seen a significant increase in 2019 (by more than 100%), while altcoins are actually down significantly from the beginning of the year. Moreover, most altcoin/BTC pairs have been hitting new lows, and many of the coins are still trending downwards, looking for potential support.Crypto market daily performance. Source: Coin360One of these coins is XRP (XRP), which has seen a decrease of 50% over the year, going
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BitMEX Ends Year With Additional 13K BTC in Its Insurance Fund, Up 61%

[ad_1] The BitMEX Insurance Fund has added nearly 13,000 BTC in 2019, reaching a total of just over 33,491 BTC as of Dec. 30. This is equivalent to 0.19% of the total Bitcoin in circulation, based on the data available at Blockchain.com. The fund, which the cryptocurrency exchange set up to ensure that liquidation orders related to leveraged positions are filled, ended 2018 with almost 20,800 BTC. This means that the
ANALYSIS

Amid Rising Adoption, Funding for Blockchain Startups Dries Up

[ad_1] Blockchain has become a buzzword in the startup ecosystem and multinationals alike. Numerous benefits provided by the technology has incentivized businesses and governments to adopt, explore or invest in it. However, a surprising turn of events took place in 2019 when it comes to the amount invested into blockchain technology and companies behind them. After the incoming funds peaked in 2018 with $5.5 billion in capital raised, this year saw
ANALYSIS

The Biggest Crypto Winners and Losers of 2019

[ad_1] Even though the cryptocurrency industry is not new to ups and downs, 2019 has turned out to be the year with the most surprising reveals. The long-lasting bear market of 2018 moved market analysts to call it the year of regulatory reckoning, leaving many jurisdictions uncertain about how to treat cryptocurrencies.However, 2019 also turned out to be the year of the comeback, as big tech giants like Facebook moved
ANALYSIS

Foin Token Scheme Locks Up Investors’ Money and Pumps Price

[ad_1] On Dec. 15, news broke that cryptocurrency payments firm and wallet provider FoPay had acquired Estonia-based digital currency trading platform AliExchange for 1 million of its native Foin (FOIN) tokens. If one were to go by Foin’s apparent value at the time, that would make the deal worth roughly $2.1 billion. Indeed, FoPay claimed as much in the press release that it issued. But Cointelegraph has found a trail
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Bitcoin Now Likely to Revisit $6Ks After Failing to Break Resistance

[ad_1] Bitcoin (BTC) closed the week at $7,385, which represented a 1.71% reduction in valuation. The lows for the week were some 4.5% lower at $7,053. But a strong close meant that Bitcoin maintained the $7K handle throughout the week.Looking at performance relative to its peers, Ether (ETH) and XRP both outperformed Bitcoin last week against the United States dollar, which is counter-trend to what has been seen in recent
ANALYSIS

China’s Crackdown on Cryptocurrency Trading: A 2019 Recap

[ad_1] While China has waged war on domestic cryptocurrency trading activities since 2017, this year saw it tighten the screws as hype around crypto’s underlying blockchain technology renewed interest in digital assets. Below is a summary of China’s difficult relationship with crypto and how it has evolved in 2019.China does not like crypto tradingAs Cointelegraph reported in September 2017, Chinese regulators placed a ban on local cryptocurrency exchanges, forcing them
ANALYSIS

Did 2019 Deliver on All That Was Promised for the Crypto Industry?

[ad_1] Disappointment isn’t always a bad thing. It can be a spur, motivating one to work harder to meet expectations and goals. It is in this spirit that Cointelegraph informally surveyed members of the crypto community about this past year’s unfulfilled industry promises. Here are some of 2019’s biggest disappointments:Adoption missing?Where are the giant blockchain or crypto projects — enterprises that seize the imagination, rivet the public’s attention, and quiet
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Bitcoin Price Could Rally to $9K Before a Massive Collapse, Here’s Why

[ad_1] Bitcoin price (BTC) has been in a sidewards range for several weeks now, with some people on team bear calling for fresh lows in the region of $3,000 while the bulls have been calling for astronomical all-time highs soon. One thing that is apparent in the market, is that you have to take it one week at a time.With Bitcoin currently heading towards the mid-$7,000 range, is it time