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Bitcoin Price Finally Snaps Multi-Year Downtrend, but Is $20K Now Possible?
27.7.2020
Bitcoin price set a new 2020 high after the price surged through the multi-year resistance level at 10,500
Bloomberg: A Key Metric Suggests Bitcoin Price Above $12k
27.7.2020
Bloomberg is optimistic about Bitcoin price advancing beyond $12,000 in the near future on the strength of on-chain and off-chain indicators
Why Debt Financing May Be a Double-Edged Sword for Bitfarms
27.7.2020
BitFarms used high-interest-rate debt with large balloon payments to grow expand operations. Now it may struggle to pay off its debt, according to CoinDesk Research
TD9 and Exchange Inflows: Reasons for Caution as Bitcoin Hits $10,440
27.7.2020
The price of Bitcoin hit $10,463 on BitMEX, slightly below the June peak. But the TD9 and exchange inflows suggest a BTC pullback is very much possible
Leading Austrian Telecom Provider Adds Cryptocurrencies to Its Cashless Payment Network
27.7.2020
A1 Telekom Austria announced cryptocurrencies will now be available to use in its cashless payment app, allowing over 2,500 merchants to accept bitcoin, ether and dash
Market Update: Cryptocurrency and Gold Markets Fueled by Failing Global Economy
27.7.2020
The cryptocurrency economy has spiked significantly on July 26 into the overnight trading sessions capturing over $300 billion in value. Bitcoin is trading above the $10,360 zone while ethereum is swapping for $321 per coin. Meanwhile, the precious metals gold and silver have seen incredible gains...
Crypto Market Sentiment is Back Up, Bitcoin & Ethereum In The Positive Zone
27.7.2020
Following a small drop seen last week, crypto market sentiment score (sentscore) is now right back where it was two weeks ago and not a step further, as per crypto market sentiment analysis site Omenics. The combined moving 7-day average sentscore for the top 10 coins is back to 5.77/10.
With...
Multiplier Incentivises Yield Farmers with MXX Tokens
27.7.2020
Bitcoin Press Release: Multiplier platform will officially launch the minting of MXX tokens on its platform on the 29th of July, 2020. 27th July, 2020, Switzerland – MXX tokens are designed to balance liquidity for depositors and lenders through algorithmic derived interest rates and yield....
How Digital Asset Exchanges Can Meet Institutional Investors’ Need for Speed
27.7.2020
Blockchain-based solutions designed to create a global instant settlement network have been attracting institutional traders
Silvergate’s Bitcoin-Backed Lending Product Grew 80% in the Last Quarter
27.7.2020
Silvergate Bank continued to add a steady drip of crypto customers in Q2 but its issuance of bitcoin-collateralized loans is what stood out
Bitcoin Reclaims Above $10k Projecting a Parabolic Bull Run
27.7.2020
Bitcoin resorts to trading above $10k in the wee hours of the trading session today. Additionally, the influential altcoins of the global crypto market like Ethereum, Zcash, XRP, XMR, etc., are also seen strengthening against the US Dollar. Moreover, this is the 6th time in a period of 7 months...
Bitcoin Price Hits 10-Month Highs as BTC Aims at $10.5K Resistance
27.7.2020
$10,390 briefly appears as optimism spills over into the new trading week, with safe-haven gold already at record highs against the dollar
Odds of Bitcoin Hitting Record High in 2020 Are (Slightly) Up, Options Data Suggests
27.7.2020
The likelihood of bitcoin challenging 2017's record high by the end of this year may have just nudged up – but don't raise your hopes too high just yet
3iq Files IPO for Ether Fund to Trade on Canadian Stock Exchange
27.7.2020
3iq has filed for an initial public offering (IPO) of its Ether Fund in Canada. The Canadian fund manager’s Bitcoin Fund is already trading on the Toronto Stock Exchange. The Ether Fund has been preliminarily green-lighted by a Canadian regulator. Ether Fund’s IPO Canadian investment...
First Mover: Bitcoin at Last Passes $10K, But Why Has It Struggled While Gold Shone?
27.7.2020
It's a tricky thing to explain why bitcoin has been underperforming as central-bank money printing helps drive gold to a new record.
Bitcoin Mining Difficulty Set to Drop for the First Time in Two Months
27.7.2020
The short string of very high highs in Bitcoin (BTC) mining difficulty is to be broken today according to the current estimates, with miners about to see a difficulty drop instead.
Per the the current estimations by mining pool BTC.com, the difficulty will decrease by more than 3% to 16.8 T.
This...
Cyclebit Empowers Retailers to Accept Crypto Payments In-Store, Online and On-The-Go
27.7.2020
Cyclebit is a crypto payment processor that allows merchants to easily accept digital assets payments anywhere, in both offline and online environments. It is a global company already established in Canada, the U.S., Europe, and Southeast Asia. Cyclebit currently supports more than 20 of the most...
BTC.TOP Launches 'Joint Mining' Platform, Users Pay After Breaking Even
27.7.2020
Crypto mining pool BTC.TOP, via its subsidiary B.TOP, now offers "joint mining" - enabling users to buy hash power, as well as pay the fees and share the profit once their revenue reaches the cost of the equipment they initially bought.
"We hope to lower the entry barrier for those...
Bitcoin Could Be Latin America’s Ladder Out of COVID Chaos
27.7.2020
Although back in March, coronavirus seemed like a European problem, it was only a matter of time before it startedContinue Reading
The post Bitcoin Could Be Latin America’s Ladder Out of COVID Chaos appeared first on CoinMarketCap Blog
Bitcoin Could Be Latin America’s Ladder Out of COVID Chaos
27.7.2020
Although back in March, coronavirus seemed like a European problem, it was only a matter of time before it startedContinue Reading
The post Bitcoin Could Be Latin America’s Ladder Out of COVID Chaos appeared first on CoinMarketCap Blog