Category: Opinion

  • Cryptocurrency Mining Profitability – Should You Consider it This Year?

    Cryptocurrency Mining Profitability – Should You Consider it This Year?

    While the global crypto economy keeps rising, cryptocurrency mining is likely to remain and even become a lot more profitable in the next years. Miner profitability metrics are operating on a few factors regulating difficulty and emission, which are hard-coded into the blockchain’s functions, making it predictable to work with. Although predictability doesn’t always mean…

  • Bitcoin to Rise Above $400,000, Morgan Creek Digital Executive Says

    Bitcoin to Rise Above $400,000, Morgan Creek Digital Executive Says

    ​Anthony Pompliano​, a co-founder of Morgan Creek Digital and renowned Bitcoin advocate, claims that Bitcoin will go up to more than $400,000 on its way to an $8 trillion dollar market capitalization. In a recent interview with Peter McCormack, the host of the What Bitcoin Did podcast, Pompliano explains why he predicts Bitcoin will outdo the market cap…

  • Ripple CEO: Governments Started to Seriously Consider Blockchain

    Ripple CEO: Governments Started to Seriously Consider Blockchain

    ​Ripple CEO Brad Galirnghouse​ recently said in a Tweet that governments around the world have started to seriously observe the blockchain after claiming for years that the technology is a ‘scam.’  Garlinghouse also said that the U.S. dollar is not going to be exceeded by gold, the yuan, or crypto anytime soon, but it is slowly becoming…

  • Financial System Instability: Cryptocurrencies Rise

    Financial System Instability: Cryptocurrencies Rise

    The world is facing a major unprecedented economic shock as the pandemic continues crippling the economy. The world is yet to fathom the magnitude and duration of this financial instability. The financial system is under strain. Central banks might be obligated to move towards zero interest rates, pour vast amounts of finances into the financial…

  • Enjin Coin (ENJ) Attempts 1600 Sats with New Wallet and Grasshopper Farm

    Enjin Coin (ENJ) Attempts 1600 Sats with New Wallet and Grasshopper Farm

    In summary: As the trading world tries to understand the US Crude Oil mega dump, Enjin Coin (ENJ) has been on a slow climb to the 1,600 Satoshi level. Grasshopper Farm joined the Enjin Multiverse Program and could be one reason ENJ is moving up.  The Enjin Wallet was updated providing users with a seamless…

  • Bitrue Exchange Announces BTR Buyback for Q1 2020

    Bitrue Exchange Announces BTR Buyback for Q1 2020

    In summary: Every quarter of the year since late 2019, the team at Bitrue has set aside 20% of their profits to buy back Bitrue Coin (BTR). This will continue until Bitrue buys back 40% of the BTR initially issued. However, with the lockup period from the BTR Private sale about to end, not much…

  • Numeraire (NMR) Looks Set to Retest its 2018 High of 400,000 Satoshis

    Numeraire (NMR) Looks Set to Retest its 2018 High of 400,000 Satoshis

    In summary: Numeraire (NMR) is leading in the crypto markets with 13.32% in 24 hours gains.  The token has been on a slow but sure climb since August of 2019.  Its current trajectory looks set to retest 2018’s high of 400,000 Satoshis. A habit many crypto traders acquire when looking for alt-coin setups to trade…

  • Fusion (FSN) Pumps Hard on Huobi, But There is a Catch

    Fusion (FSN) Pumps Hard on Huobi, But There is a Catch

    In summary: Fusion (FSN) is trading at a premium rate on Huobi compared to other exchanges. However, withdrawals and deposits of Fusion (FSN) have been disabled on Huobi for over 6 months. Arbitrage trading opportunities in the crypto trading space are rare but one of the best ways to make a quick buck from price…

  • Will FileCoin (FIL) Finally Silent Naysayers with its Mainnet Launch?

    Will FileCoin (FIL) Finally Silent Naysayers with its Mainnet Launch?

    In summary: A recent tweef highlighted the fact that its been 3 years with no FileCoin (FIL) Mainnet launch.  In a recent update, the team at FileCoin (FIL) gave an estimated launch date in the 3rd quarter of 2020.  Will Filecoin (FIL) finally silent the naysayers with a successful Mainnet launch? Crypto twitter has forever…

  • TomoChain (TOMO) Could Retest $0.40 in a Bullish Crypto Environment

    TomoChain (TOMO) Could Retest $0.40 in a Bullish Crypto Environment

    In summary: Bitcoin (BTC) has more or less risen from the dead after dropping to around $6,480.  The King of Crypto is currently trading at $7,030. TomoChain (TOMO) is up 16% in the last 24 hours.  If the current bullish momentum is maintained, $0.40 can be reclaimed.  The majority of the Technical Analysis done in…