King

The Altcoin Evolution – Part IV: The Challenges – The Sales Pitch

With the ever-changing landscape of tech development and crypto innovation, regulation tends to lag behind in order to have time to react to what’s happening. Many altcoin projects are currently growing exponentially as they are exploring largely untouched use cases. As the tech continues to proliferate and expand, more and more “problems” are arising that require solutions.  This obviously provides more space for viable contenders to occupy in a crowded market. This provides a robust growth argument for many altcoins, but there is a catch. The giant growth gains are

The A to Z on if and when Bitcoin can flip Apple

For a long time, Bitcoin has been subjected to a lot of criticism, unnecessary skepticism, and scrutiny. Ranging from its use in illegal transactions to energy concerns and price volatility, the king coin has seen it all over the last decade. However, the crypto’s trajectory from a market cap of $1 million in 2011 to almost $1.1 trillion this year has placed it seventh on the list of the world’s biggest assets. In spite of all the FUDs and criticism, the fact remains that Bitcoin managed to reach $1 trillion

Tai Hing Announces 2021 Interim Results

HONG KONG, Aug 27, 2021 - (ACN Newswire) - Tai Hing Group Holdings Limited ("Tai Hing Group" or the "Group"; stock code: 6811), a multi-brand casual dining restaurant group with roots in Hong Kong and a network of more than 220 restaurants in Hong Kong, Mainland China, Macau, and Taiwan, has just announced its interim results for the six months ended 30 June 2021 ("1H2021" or the "Review Period").RESULTS HIGHLIGHTS-- Revenue increased by 16.4% to HK$1,532.7 million in 1H2021 (1H2020: HK$1,316.9 million) though both markets in Hong Kong and Mainland China still saw challenges

What you need to know about Bitcoin’s revival rally

Even though an all-over bullish rally is still evident on the king coin’s one-day price chart, Bitcoin faced a major consolidation at the $47,250 level. The same raised concerns among investors about its rally. What Next At this point though, the good news is that Bitcoin is still rallying. But for BTC’s price to continue on this bullish path, it is imperative to assess circulating supply metrics to understand the future flow of the market.  Bitcoin has managed to climb above the $47K level after a short trip to the

Cardano v. other alts: This combination could fetch traders a higher RoI

Bitcoin has desperately been trying to climb above the $48k mark since 14 August, but has been unable to do so. In fact, the king coin was trading at $47.2k at the time of writing. Most of the market’s alts have also followed Bitcoin’s scepticism and managed to fetch only single-digit returns to their HODLers over the past day. However, a couple of alts from the top 35 list managed to fare better than the broader market. Terra’s (LUNA) value, for instance, has appreciated by 31.1% in the past 24-hours

Ethereum: Here’s the one thing that could be said with certainty at this point

The buzz of the London hardfork stood true to the rumors as was reflected in Ethereum’s price. Ethereum smashed through the $3k level highlighting a hike of 13% in less than 24 hours trading at $3.1K at press time.  Bearish metrics turning bullish, finally While Ethereum’s futures market looked pretty good in terms of market expectations the spot market seemed to be doing ‘more talking, less doing’ as highlighted in a previous article. However, with ETH’s price aiming for the $3540 resistance, metrics that earlier gave off a bearish look

Here’s when you can set up buy trades if you’re an EOS trader

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The impetus provided by Bitcoin’s resurgence above $40,000 was critical to the altcoin market. With alts relying heavily on the king coin’s movement since the 19 May market decline, BTC’s rally was definitely a sigh of relief. EOS, like most of its competitors, rallied on the back of BTC’s uptick. However, failing to stay above a crucial resistance level led to a slight downtick. At the time of writing,

This is a good sign for Bitcoin Cash BUT….

For the first time since June, Bitcoin’s price slipped below the $30k level on Tuesday. This dip managed to stir chaos in the market. However, the king coin was quick to recover and was trading just under $32k, at press time, thanks to the hype associated with the B Word conference. To put it in the words of Changing Zhao of Binance, “The market likes to play with our emotions.” Bitcoin’s 6.2% hike over the last 24 hours was well reflected in the one-day RoI of most alts. In fact,

Bitcoin’s future price action would depend on these key aspects

A massive drop, fear and anxiety at their peak, and a superstar entry back with a bang, pretty much sums up Bitcoin’s price action over the past week. The king coin’s downward trajectory led to a market-wide fall and a major bearish market. However, nothing is permanent in this crypto-verse where volatility is the name of the game. Bitcoin’s foray below the $30k zone didn’t last long either, and the asset soon made a strong comeback with gains of 6.25% in 24 hours, at the time of writing. A closer look

Coinbase Report Affirms ‘Killing Ethereum’ will Be Challenging

The DeFi ‘food farming’ frenzy this past Summer took its toll on the Ethereum network in terms of demand. As a result, a slew of rival platforms emerged and a new report from Coinbase has taken a deep dive into some of them. In its latest report in the ‘Round the Block’ series titled “ETH Killers and New Chains” published on Dec. 12, the U.S.-based crypto exchange Coinbase has taken a closer look at rising competitors to Ethereum in the smart contract space. A number of new DeFi-focused blockchains have