Tag Archives: Bitcoin


From 2017’s Speculative Overbought to 2019’s Oversold: Is there Hope for Crypto Exchanges?

  By David Drake   With the first quarter of 2019 coming to an end, a glimpse of cryptocurrency performance for the period can be termed as lackluster, to say the least. Bitcoin prices have hit their lowest point since August 2017 with a low of $3,441 in January 2019. Cryptocurrency exchanges have not been spared by poor performance during […]

The Real Reason Behind Bitcoin’s Less than $4000 Price

  By David Drake   In November 2018, Bitcoin traded below the $4000 mark for the first time despite optimistic predictions that the market would experience an upsurge by December. Trading at $3600 on December 30, the price of this leading cryptocurrency is remarkably close to the lowest it has ever traded since October, 2017. Market values have improved since […]

How Private Banks are Demonstrating Interest in Digital Currencies

  By David Drake   The year 2019 seems to have started off with a renewed interest in the cryptocurrency industry among banks. Just weeks after Falcon Private Bank in Switzerland introduced a digital wallet and direct cryptocurrency transfers, another Swiss private Bank, Julius Baer, which is among the largest private banks in the country, has announced it will offer […]

Why Crypto Exchanges are Experiencing Low Trading Volumes

  By David Drake   The market capitalization of $600 billion that cryptocurrencies began with in 2018 shrunk significantly to $138 billion by the end of the year. Crypto exchanges have subsequently recorded an all-time low in trading volume at the start of 2019. Some of the most prolific exchanges like Binance, OKEx, Gemini, and Coinbase experienced huge drops in […]

The Real Reason Cryptocurrency Exchanges are Registering Low Trading Volumes

  By David Drake   The cryptocurrency industry experienced a tough year in 2018 and this seems to be rolling over to 2019. Recently Diar, a crypto and blockchain research-based organization, reported that crypto exchanges trading volumes were at their lowest in January 2019 compared to two years ago. At the same time Binance, the world’s leading crypto exchange, registered […]

Why Crypto Exchange Trading Volumes are Down, but Not Out

  By David Drake   The cryptocurrency industry was largely affected in 2018 after its market capitalization dropped to $127 billion in December, from a high of $741 billion recorded at the start of the same year. Its most dominant coin, Bitcoin, shed over 74% of its value in the same period to close the year at about $3892. Similarly, […]

How Swiss Private Banks are Leading the Way in Offering Crypto-related Services

  By David Drake   Predictions of a better 2019 are rife in the crypto space as enthusiasts remain optimistic. Sonny Singh, the Chief Commercial Officer of Bitpay in a recent interview with Bloomberg predicted the possibility of bitcoin hitting highs of around $15,000 – $20,000 before Thanksgiving Day, 2019. Another cryptocurrency enthusiast, Ronnie Moas, has predicted a much higher […]

NOIZ Chain: The Evolution of Personal and Business Data into Secured and Monetized Digital Assets

  By David Drake   With the proliferation of social media sites and applications where communication, data, and content sharing gets to be fast, easy and eventually monetized, the risk of personal and business data leak has also become imminent.  Data and information breach and fraud has become bywords, thus the need for data and information security companies and custodian. […]

How Falcon Private Bank is Making Crypto Transfers and Fiat Conversions Possible

  By David Drake   Falcon Private Bank, a Switzerland-based bank, has announced that it now has a system that supports the direct transfer and storage of selected cryptocurrencies. The bank has introduced digital wallets called ‘Falcon Wallets’ that allow institutional and private customers to transfer cryptocurrencies as well as convert them to fiat. The digital coins that are currently […]

Will the Decision to Make Digital Assets Bankable Promote Crypto Industry Growth?

  By David Drake   Utilization of cryptocurrencies and blockchain in the banking sector is not an entirely new concept. Banks around the globe have either reacted positively or negatively to crypto implementation. Blockchain technology has, however, evolved from being ignored and seen in a bad light, to providing innovative solutions in the banking industry. On realizing its potential, banks […]