Bitcoin’s correction is accelerating, but a bounce off the 50-day moving average could give altcoins reason to rebound off lower support levels then move higher.
The cryptocurrency paradigm was heralded by the launch of Bitcoin (BTC) in 2008, inspiring a new technological and social movement. The goal of cryptocurrencies is to provide a medium for global, peer-to-peer transaction settlement that preserves privacy and financial security.
A cryptocurrency monetary policy is enforced through a unique blend of software, cryptography and financial incentives rather than the whim of trusted third parties such as central banks, corporations or governments. Cryptocurrencies are powered by cryptographically secure, verifiable transaction databases called blockchains, which provide their security and transparency.
A cryptocurrency network consists of a global community of stakeholders, including the validators that secure the network while adding transactions to the blockchain, the traders who speculate on these radically market-driven assets, and the builders working to onboard people to this new financial paradigm.
At Cointelegraph, we are chronicling the ongoing story of cryptocurrency and the rise of a borderless, permissionless financial system. How will industry stakeholders work to make crypto a mainstay in people’s lives? How will crypto investments change the paradigm of the current financial system? And will incumbent and legacy systems accept or fight this change?
Stay tuned: Cryptocurrencies are going to play a big role heading into the future.
Crypto continues to enter mainstream usage. Google Finance users can now get a quick rundown of the top cryptocurrency prices with just one click.8919
Small businesses can now accept cryptocurrency payments using OLB’s point-of-sale technology.11302
The cryptocurrency trading market is in its early stages, with regulations playing a key role in market fragmentation.9498
Hate being liquidated? Here’s how traders use the Long Butterfly options strategy to generate profits with less downside risk.34196
The latest attack relied on user permissions granted to the protocol30511
These DEX tokens are quietly accruing triple-digit gains as the total value locked in DeFi reaches new highs each week.39552
Bitcoin is showing signs of weakness as February draws to a close.42064
Over the last decade, crypto has weathered what feels like crisis after crisis. It’s time to think about what comes next.13273
Investing in digital assets can offer a plethora of opportunities, but when the taxman comes, investors best be prepared.15190
Growing concerns over rising U.S. Treasury yields are putting pressure on global financial markets and possibly dragging cryptocurrency prices lower.46751
Alpha Finance Lab’s recent integration with Binance Smart Chain and Compound Finance triggered an 85% rally in the protocol's ALPHA governance token.20375
Cardano is soaring, though Ada's price still has a long way to go to beat its record high vs. Bitcoin.51103
Bitcoin and most major altcoins remain rangebound with the exception of Cardano.45181
The Tesla CEO avowedly loves "dogs and memes" and is greeting the alleged possibility of federal scrutiny of his Dogecoin tweets with a consistently droll attitude.20454