Connect with us


Bitcoin’s (BTC) April Recovery is Still not a Real Bull Run




Cryptocurrencies are finally back on track, or at least — that is how it appears to be. After a disastrous 2018 which knocked the prices of all coins down by at least 80%, the first few months of 2019 brought stability. However, the coins did not remain inactive for long, and they already started moving back up as early as in mid-February.

February and March were marked by a struggle to grow, and after two months of effort, the growth finally came on April 1st. April is the month that allowed digital currencies to experience a first real surge in well over a year. Not only did the coins’ prices grow, but they managed to remain at the newly-reached levels for over a month now, promising a brighter future to traders and investors.

Bitcoin itself barely managed to grow past $4,000 in February and March — only to see a 22% large growth in April and exceed $5,300 within only two days. The price was trying to find stability after such a large jump, and it took the entire April to reach it. At the time of writing, the BTC price sits at $5,405.95, after 0.31% growth in the past 24 hours.

This situation also allowed Bitcoin to complete its third positive month in a row, thus confirming an important shift that came with 2019. As always, notable events such as this are always causing crypto experts to try and predict what might come next. Crypto enthusiasts themselves are interested in what to expect, while traders and investors need to know it in order to choose the best strategies when dealing with crypto. In other words — there is no lack of demand for predictions and educated guesses.

What to expect from crypto in the future?

While knowing what to expect is greatly appreciated in and out of the crypto world — making accurate predictions is quite hard to do. In fact, when it comes to a highly-volatile and unpredictable crypto industry, it pretty much borders the impossible.

Of course, the overall perspective appears to be optimistic, as the price drop has stopped, and time of slow but steady recovery appears to be at hand. Even so, a lot of experts remain suspicious and cautious, believing that the crypto space is still not done with the bearish trends.

The CEO of crypto hedge fund BitBull Capital, Joe DiPasquale, recently stated that there is still much room for caution in the industry. According to him, Bitcoin has been rising steadily in the past few months. However, this is still not a bull run, and being too relaxed considering the circumstances might easily lead to sudden losses.

The managing director of crypto-to-crypto derivatives platform Amulet, Marouane Garcon, agrees with this. He himself believes that the market has yet to show signs that it can sustain a bull market. Then, there is Tom Lee, Fundstrat Global Advisors’ head and managing partner, who is more optimistic, believing that the crypto winter is over.

While his view is much more optimistic, a lot of investors still have the bearish trend fresh in their memory, and they too remain cautious.

For the latest cryptocurrency news, join our Telegram!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Photo by Skitterphoto from Pexels


Basic Guide on How to Spend Bitcoin and Other Cryptocurrencies



Bitcoin and other cryptocurrencies

In recent years, Bitcoin and other cryptocurrencies have entered more into the mainstream. Most people walking down the street have at least heard of Bitcoin. While a lot of people got involved in the buying and selling of cryptocurrencies to try and make a quick buck, most people who are enthusiastic about the world of blockchain are in it for the long haul. 

These are usually the people who are going to be more likely to actually use their Bitcoin and other cryptocurrencies as a payment tool and not just as a storage of wealth or a trading tool. This guide looks at a few different ways in which you can use your Bitcoin in spending capacity. 

Crypto Debit Cards

Perhaps the easiest way for you to spend your cryptocurrency is by linking up your holdings to a debit card. 

These days, many of the leading card providers such as MasterCard and Visa have these types of crypto-linking debit cards. These cards can be used just like you would a normal debit card that is linked to your fiat currency bank account. 

Naturally, the most popular type of crypto debit card is going to be for Bitcoin, but there are other cryptocurrencies catered for also. 

Prepaid Cards


Continue Reading


Hybrid Bitcoin Casinos or Bitcoin-Only Casinos – Which Are Better?




The rise of cryptocurrencies over recent years has had an impact on several industries. Gambling is one such industry, and many of the best online casinos offer Bitcoin as a payment method

Some of these casinos work exclusively with cryptocurrencies, while some are more traditional gambling sites that simply have integrated crypto on top of their fiat options.

This post will take a look at the advantages of joining a Bitcoin-exclusive casino on the web versus picking a hybrid one.

Advantages of Hybrid Bitcoin Casinos

Let’s start with the hybrid Bitcoin casinos. Usually, those are traditional gambling platforms that have been around for a long period of time. 

They offer classic payment methods such as Visa, PayPal, Skrill, and similar. At some point, they decided to add Bitcoin and potentially other cryptocurrencies to their portfolio. 

If you decide to join an online casino of this type, you will be able to enjoy the following benefits.

Lower Risks

Such online casinos often have a strong reputation and are licensed by respected gambling commissions such as the UK Gambling Commission, the Malta Gaming Authority, and similar regulators.

They are known for protecting the customers and monitoring all actions…

Continue Reading


Is Bex500 an alternative to BitMEX?




An all around review of Bex500

Bex500 is a young but rapid-growing exchange, less adversarial than BitMEX, but with higher leverage than Binance, Bex500 has enough strings to attract many crypto traders. 

Those dissatisfied with the old exchange, may find Bex500 exchange with a stable system with no manipulation or “overload”, pleasant UX, user-friendly tool kits, and around-clock customer service.

Bex500 says they are making crypto margin trading “easier” and giving you a better return. 

Can they really achieve that? We conduct a comprehensive review as below to see if it is a trustworthy exchange

Question 1. What features does Bex500 have?

Bex500 offers perpetual BTC futures as well as three other cryptos including ETH, XRP and LTC, all paired against USDT. You may find Bex500 doing a good job aggregating most important features traders need for a robust trading experience with better return.

-A fair trade with no overload

Many traders are familiar with “overload” problem, which disables placing orders in peak trading times. It is suspected to be insider manipulations by exchanges which can cost users entire portfolios.

Bex500, with its unmatched TPS (claimed to be over 10,000 orders per second), ensures that the trading…

Continue Reading