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Bitcoin (BTC) Trades Above $6k Yet Draws a Complex Picture


Bitcoin price has been trading above $6k for the 4th day straight and has even hit as high as $6.9k on Tuesday, March 24, 2020. However, the cumulative price trend of BTC shows a similar kind of bear market entry that happened in 2018, leading to unprecedented weekly highs and lows. On the other...

Gold Faces a Very Physical Problem; Bitcoin To the Rescue!


Bitcoin's competitor, gold, found itself in a peculiar situation due to the current pandemic: it's getting increasingly difficult for it to move. Fears of stranded bullion led to London spot gold prices dropping far below U.S. gold futures. “There’s plenty of gold [...] But it’s immobilized,”...

Top 3 Mistakes Crypto Derivatives Traders Make


Derivatives trading has taken the crypto world by storm. As a matter of fact, the open interest of Bitcoin futuresContinue Reading The post Top 3 Mistakes Crypto Derivatives Traders Make appeared first on CoinMarketCap Blog

Monero, Zcash, Dash Outperform Bitcoin Year-to-Date


As privacy becomes a new battlefield in the fight against the coronavirus, and new centralized digital fiat initiatives are starting to appear, how have the most popular privacy coins performed after the March 12-13 market crash? Among the privacy coins that have seen optimistic trading in recent...

Bitcoin Halving and COVID-19: Impact on the Value of Bitcoin


We are fast approaching the event of Bitcoin halving and the turbulence in the economic system created by the coronavirus is bound to have implications for the world’s economy. The various sectors of the economy are reeling under the heat of the COVID-19 and this has led to the many investors panic...

Privacy Browser Brave Integrates Cryptocurrency Trading Through Binance


Privacy-oriented Brave has launched cryptocurrency trading within its browser. The company announced on Tuesday that over 12 million active monthly users of the privacy browser can now buy and sell cryptocurrencies, view their crypto balances, and obtain deposit addresses without leaving...

Bitcoin and Altcoins Primed For More Upsides


In the past few sessions, there were mostly positive moves in bitcoin price above the USD 6,200 pivot level. BTC/USD was able to surge above the USD 6,500 resistance and it even tested the USD 6,850 area. The price is now (08:30 UTC) consolidating above USD 6,500 and preparing for more...

Anonymous Bitcoin SV Miners Capture 55% of the Network Hashrate


The Bitcoin SV network has been a topic of conversation recently as stealth miners currently command more than 55% of the chain’s overall hashrate during the last seven days. Last year analysts noticed a large amount of the hashrate on all three SHA256 networks (BTC, BCH, and BSV) was being...

How to Buy Weed With Bitcoin


So you’ve got a little bitcoin to your name but are all out of weed. What you gonna do? Well, if you’re fortunate enough to live in a region where marijuana is legal, there are ways to exchange the two. While if you don’t inhabit such an enlightened area, rumor has it there...

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