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Bitcoin in 2019: Analysts See Institutional Investors Wading into Crypto

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The bitcoin price got hammered in 2018 amid the prolonged Crypto Winter, but many investment experts expect the volatility to subside in 2019, as institutional investors start entering the market. Some analysts believe bitcoin will re-emerge  — like the proverbial Phoenix rising from the ashes — on back of momentum created by institutional investors, the Australian Financial Review reported. “During the coming year we will see a gradual adoption from institutions,” said Henrik Andersson, chief investment officer of Apollo Capital Fund in Australia. “We have the first US university endowments investing in funds.” JPMorgan: Bitcoin Bears Scared Off Institutions Over the summer, the multi-billion-dollar endowments of Harvard, Yale, and Stanford stunned Wall Street after revealing that they had invested in cryptocurrencies. Because of the herd mentality of institutions, analysts say the move will likely trigger a chain reaction among other institutional inve...

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Today I will be writing the growtraffic review and how to get 10000 unique visitors free for your website from growtraffic.com  . Let’s Go With Growtraffic Review Growtraffic.com network is a PPV (Pay Per Visit) network. They send traffic to your site from a combination of expired domain traffic and pop-under traffic, meaning visitors are sent directly to your site; no ads needed. This traffic is routed through our tracking servers and will show up as a combination of referrer traffic and/or direct traffic. Features of Traffic Custom campaign: Customize your traffic campaign and get it exactly the way you want it. Target interests: Get targeted visitors from specific audiences and interests. Choose the country: Get geo-targeted visitors from a country of your choice. High quality: Our expired domain name traffic is the highest quality available. Fast and reliable: Orders are started in less than a day, and our system is incredibly reliable. Made ...

What Caused the Christmas Crypto Rally !

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  * Crypto has been through a lot in the past 12 months, and while the last year’s situation indicated that big things might happen, 2018 quickly crushed such hopes. On December 16th 2017, the  crypto space , led by Bitcoin itself, reached the heights that no one even imagined a few years earlier. Each Bitcoin was valued at $19,000, and the market was worth hundreds of billions of dollars. The situation did not last, however, and the market crashed in early January 2018, bringing digital currencies back down. For months, Bitcoin was managing to resist the bear trend at around $6,400. However, this situation changed in mid-November, after the second market crash in 2018. The number one coin soon dropped down to $3,200, and many believed that this is only a beginning of a downward spiral that will take it all the way down to zero. However, that is when something happened, and the situation took an unexpected turn. On December 17, exactly one year after BTC hit $19,0...

2018: A crypto year in review !

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This year has been full of its ups and downs, granted it seemed like mostly downs… but it's not been all bad; yes there have been tumultuous times and some quiet times but for the most part, there have been hopeful times… So without further adieu lets take a look back at the highlights of crypto 2018… (just in case, you know, you’ve been hiding under a rock all year) With a too big to fail attitude the market entered 2018 with a boom, and that, in retrospect, was precisely the problem. The space was overinflated with very little actual worth to back it up; a huge correction was incoming, and boy did it come… The media turned on crypto. Words such as “bubble”, “burst”, “bear”, “Ponzi scheme”, “rat poison”, and “freshly harvested baby brains” …  These were all thrown around, and most of them stuck; BTC quickly went from hero to zero, losing almost $13,000 in little over a month. In that time the prominent and well-respected money lending pl...

Wall Street Giants Postpone Entering the Crypto Industry !

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Wall Street giants are postponing their plans to more actively enter the crypto industry as the value of cryptocurrencies has fallen, Bloomberg reports Sunday, Dec. 23. The article begins: "Limbo — that’s where to find Wall Street when it comes to cryptocurrencies," and then focuses on the efforts in the crypto sphere this year made by banking giant Goldman Sachs, multinational financial services company Morgan Stanley, major banking conglomerate Citigroup Inc. and United Kingdom financial services provider Barclays PLC. According to people familiar with Goldman Sachs’ crypto business, the firm’s progress has been too slow to be noticeable. Moreover, the company’s crypto non-derivative funds have so far attracted only 20 clients, the unnamed sources told Bloomberg In addition, Justin Schmidt, hired to head digital assets division at Goldman Sachs, revealed in November that regulators were limiting his plans. However, Bloomberg’s unnamed interlocutor ad...

A $10 Billion Christmas Gift for crypto !

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FOMO Moments : Crypto markets rallying once again; Ethereum, XRP and NEO leading the way. The Santa crypto rally has continued for the day before Christmas. The minor pullback on Saturday was just that, minor, and things have moved upwards again as cryptocurrencies make further gains from their lowest levels of the year. Total market capitalization is back over $140 billion once again. Bitcoin held support at $4,000 after a brief period just below it on Saturday . It spent most of yesterday at the same level but has continued to climb this Monday morning to reach an intraday high of $4,270 a few hours ago. BTC is currently up 5% on the day to $4,240 and poised to make further gains. Ethereum has had a rare spurt of action and has shot up 16% on the day taking it to around $150. Since its lowest point of the year, just over a week ago, ETH has made a 75% recovery. It has closed the gap a little on XRP but that too has had a strong day with a similar gain taking ...

What’s Next for Crypto Miners !

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After the high note with which crypto ended 2017, 2018 has been a dour reminder that crypto markets remain unpredictable at best. From its peak at nearly $20,000 in December, bitcoin spent most of 2018 in a steady decline. Today, bitcoin’s price is closer to $3,000, and the tumble has caused a ripple effect that has affected every stakeholder in the market. Crypto miners, who rely on the price of bitcoin and other cryptocurrencies to remain high enough to stay profitable, are now left holding the bag in more ways than one: pricy mining rigs and GPUs worth thousands, and the bitcoin they’ve mined with these tools. Now that prices have remained solidly below break-even rates for several months, miners must reflect on whether they can continue bankrolling increasingly expensive operations or they should simply cut their losses and run. However, the simple cost of building these rigs—from purchasing and replacing parts to procuring good enough GPUs to be effective—makes...