Following the long holiday weekend celebrating the Fourth of July in the United States, cryptocurrency markets have been mostly trading sideways with a certain inclination towards the positive. Americans are feeling pretty confident about their future economic prospects and also about the way they are emerging from the coronavirus pandemic;…
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99Crypto
This is Why DeFi Tokens Such as ALPHA Are Thriving
After a few weeks of bearish uncertainty in the cryptocurrency markets, Bitcoin has finally found some sort of footing thanks to traders who have not lost hope. Ethereum has also been able to mount an interesting recovery, although these short spikes do not actually amount to a full-blown rally. In…
The Attack on Bitcoin.org Combined DDoS With a Ransom Demand
On July 5, the owner of Bitcoin.org reported that his website, which promotes the use and circulation of Bitcoin tokens as digital currency, was hit with a severe denial-of-service cyber attack. Although the website was occasionally accessible through the day, the administrator explained that he had received a ransom…
ETH Maximalists Remain Bullish Amid Upcoming Hard Fork
Ether, the main token issued on the original Ethereum blockchain, has been going through a period of highly volatile trading, but a fundamental news development seems to be doing the trick for this cryptocurrency. On the first Sunday of July, millions of Americans were enjoying a long holiday weekend with…
What Happened to Bitcoin During the Final Week of June?
June 2021 will go down in market history as having been one of the most challenging for traders. Although the correction and subsequent bear market period for Bitcoin was not as extreme as it has previously been in the past, there were other peripheral news stories that impacted the rest…
Why the U.S. Fed Reserve Chairman is Worried About China
Greater scrutiny and control of currency flow are things that the Communist Party of China would really like to achieve. Existing currency controls over the yuan seek to reduce the activity known as Chinese money smuggling, which has been problematic for the ambitions of financial regulators who want to boost…