Well, it was looking like a great week until the New York State Attorney General (NYSAG) filed a lawsuit against Bitfinex. BUT, that doesn’t matter much as the cryptocurrency industry seems to be increasing week after week without a feeling of inevitable bloodshed that laced the bear market of 2018.  Bitcoin grew to about $5,637,…

By CCN: According to Alex Krüger, an economist and a global markets analyst, the breakeven cost for efficient bitcoin mining operations currently hovers at around $3,550. The bitcoin mining operational breakeven for efficient mining operations currently stands around $3550. pic.twitter.com/gQrNYBcvLH — Alex Krüger (@krugermacro) April 21, 2019 Across major cryptocurrency markets, the bitcoin price is…

By CCN: The developers of the Sirin Labs Finney have created for themselves a monumental task. Not only do they desire to break into the fiercely-competitive smartphone market, but they also aim to spearhead cryptocurrency’s transformation from a niche curiosity into a mainstream financial instrument. After raising nearly $150 million for its Israeli creator during…

Bitcoin’s So Highhhhh, High Above Me We’re starting to run out of puns for this consistent market growth. But, we guess that’s a good problem to have. Growing to over $179 billion this week, the entire crypto market moved three and a half percent in the positive direction. Cryptocurrency Market Stats (4/19/19) Some of the…

The bitcoin price could attempt a run up towards $6,800 in the near-term, according to one popular stock trading indicator. Bitcoin on the Verge of a Bump-And-Run Reversal? Dubbed a Bump-and-Run Reversal (BARR), the pattern includes three crucial phases before an asset undergoes a full-blown breakout session. $BTC. Literally a textbook BARR bottom. Hint: This…

Will Bitcoin ever replace fiat? This question has made the rounds on more than just a few online forums, mostly cryptocurrency related, admittedly. The debate is real and the opponents are often programmers versus armchair economists. Fiat, or government-backed currency, has been a feature of city-states, kingdoms, and countries now for over a thousand years….