More than 95% of Bitcoin trading volume is fake

More than 95% of Bitcoin trading volume is fake

Bitcoin Trading Volume: “It’s a Trap!” Bitwise, an asset management firm looking to legitimatize Bitcoin so it can create the first exchange-traded fund (ETF), determined that more than 95% of trading volume reported by the many exchanges who trade...
JP Morgan announces first bank-backed cryptocurrency

JP Morgan announces first bank-backed cryptocurrency

The JPM Coin JP Morgan made news on February 13, 2019 when they announced their own cryptocurrency. Dubbed the JPM Coin, JP Morgan intends to use the currency to immediately settle transactions with some of their larger clients.   What is a Cryptocurrency? In a...
Bitcoin’s Road to Nowhere

Bitcoin’s Road to Nowhere

Check out Crypto Corner every week in our Week in Review! What’s a Bitcoin? Want to learn more about Bitcoin and cryptocurrency? Check out Get Irked’s Bitcoin Primer – a quick history of cryptocurrency Bitcoin’s Road to Nowhere A meteoric rise from Bitcoin’s...
Bitcoin Cash fork may kill Bitcoin

Bitcoin Cash fork may kill Bitcoin

If you haven’t been paying attention to Bitcoin (BTCUSD) lately, I can’t blame you, but the cryptocurrency made news yesterday as the cost of a Bitcoin dropped below $6000 for the first time since 2017.Bitcoin lost more than 10% of its value in less than...
When Exchanges Crash: Coinbase’s 17-hour outage

When Exchanges Crash: Coinbase’s 17-hour outage

Coinbase, the U.S. exchange for Bitcoin ($BTC), Bitcoin Cash ($BCH), Ethereum ($ETH), Ethereum Classic ($ETC) and Litecoin ($LTC), crashed on the evening of Thursday, August 9, 2018 at about 5:37 p.m. PDT and stayed down for 17 hours. Irk was, of course, mid-trade....
What does HODL mean?

What does HODL mean?

Originally posted August 8, 2018. Last Updated May 22, 2021 What does HODL mean? In December 2013, early in Bitcoin’s trading life, a very excited (some say inebriated) Bitcoin trader made the typo “HODL” instead of “HOLD” when exclaiming...