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Bitcoin Hardens, Fiat Eases: 4 Things to Watch for BTC Price This Week
18.5.2020
As the Federal Reserve admits to “flooding” the market with cash, Bitcoin consolidates its post-halving position at $9,500
Bitcoin Stuck Below USD 10K, Altcoins Look Ready For Another Leg Higher
18.5.2020
This past week, there was a downside correction in bitcoin price from the USD 10,000 resistance. BTC/USD traded below USD 9,550, but it found support near USD 9,200. Recently, it started a fresh increase and broke many hurdles near USD 9,550 to revisit the USD 10,000 region.
Also, many major...
Red Lever Pulled on Bitcoin-Ethereum Bridge Two Days Post-Launch
18.5.2020
tBTC - Bitcoin (BTC) on Ethereum (ETH) project by venture production studio Thesis - was put to sleep just two days after its launch on the mainnet.
tBTC is a project meant to bridge Bitcoin and Ethereum by allowing BTC owners to access decentralized financial applications that run on Ethereum...
Fed Chair: ‘We Have the Ability to Create Money Digitally’
18.5.2020
Fed Chair Jerome Powell said the bank has flooded the economy with money and would continue lending programs for as long as they’re needed
Bitcoin Bulls Continue to Rally above 9800 USDT; Now Intrigues J.K. Rowling
18.5.2020
Bitcoin is roaring against USDT as the stable and strong bulls have lifted the price by more than a whopping 118%. With that, the BTC price has climbed up by more than 5400 USDT. As shown in the chart, the currency is repeatedly knocking the 10,000 USDT price mark for the last one week, noting...
Andreessen Horowitz Report: Crypto Not as Chaotic as it Appears
18.5.2020
Top venture capital firm Andreessen Horowitz looked at four key metrics for three cycles of cryptocurrency showing consistent growth
Germany Enters Recession as Over 100 Banks Charge Negative Interest Rates
18.5.2020
Germany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008, according to official data. Over 100 banks in the country are now charging customers negative interest rates. Germany Enters Recession The German economy is now in...
Record CME BTC Open Interest Shows Institutions Bullish on Bitcoin Price
18.5.2020
Data suggests institutional investors are bullish on BTC as CME Bitcoin options open interest rose to $140 million, but what should retail traders expect?
Crypto Traders Are Longing ETH (And Not Much Else)
17.5.2020
ETH/USD continue to post record highs while other leading cryptos have struggled to attract bulls since the Black Thursday crash
S2F Hopium: Report and Twitter Critics Find Flaws With Bitcoin’s Stock-to-Flow Ratio
17.5.2020
In mid-April, news.Bitcoin.com researched the popular stock-to-flow (S2F), which shows the price of a single bitcoin reaching $55K and even six figures. At the time, analysts questioned measuring bitcoin’s price in this manner and more recently, a few others have been criticizing the method...
Bitcoin Breakout Hopes, R.I.P. TON, Trump Threatened: Hodler’s Digest, May 11–17
17.5.2020
In this week’s Hodler’s Digest, Bitcoin on the verge of an exciting breakout, Telegram abandons TON, and ransomware group threatens to air Trump’s “dirty laundry”
Bitcoin Transaction Fees Are Up 800% in One Month
17.5.2020
Bitcoin transactions fees have surged immediately after a halving skyrocketed for the first time
Accio Bitcoin! J.K. Rowling Gets a Hogwarts-Style Bitcoin Education
17.5.2020
Over the weekend, crypto Twitter poured all of the passion and energy normally reserved for Bitcoin breaking $10,000 into furiousContinue Reading
The post Accio Bitcoin! J.K. Rowling Gets a Hogwarts-Style Bitcoin Education appeared first on CoinMarketCap Blog
Centralized Exchanges Continue to Shed Bitcoin
17.5.2020
The number of Bitcoins held on exchanges has reached a 12-month low, while the sum of ETH has surged to test previous highs
Robert Kiyosaki Predicts Bitcoin Will Be Worth $75k in 3 Years
17.5.2020
Rich Dad Poor Dad author makes a bullish prediction for Bitcoin’s price trajectory
Long Squeeze Incoming? 3 Reasons Why Bitcoin Price May Correct Sharply
17.5.2020
Despite Bitcoin price repeatedly failing to push above $10,000, the majority of traders are long, increasing the possibility of a long squeeze
Blockchain as One of the Goals of Digital Government Strategy in Brazil
17.5.2020
Digital transformation with blockchain technology on a state level
45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving
17.5.2020
On May 11, the Bitcoin network experienced its third block reward halving, which had chopped the 12.5 BTC reward to 6.25 coins following the event. It’s been close to a week later, and data stemming from mining rig profitability websites show that more than 45 older generation devices are...
JK Rowling Bitcoin Quest: Elon Musk Joins Community to Explain Cryptocurrency to Harry Potter Author
17.5.2020
Harry Potter author JK Rowling has become inundated with bitcoin insight and cryptocurrency explanations when she tweeted asking someone to explain to her what bitcoin was. Tesla CEO Elon Musk was among those trying to explain bitcoin to Rowling. He believes that bitcoin is “solid”...
COVID-19 Incentivizing Crypto and Leading Mainstream Adoption
17.5.2020
The COVID-19 crisis has pushed people to seek alternative technological solutions as blockchain and crypto become more popular