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Bitcoin News Roundup for Feb. 12, 2020


With bitcoin above $10,000 Markets Daily is back with our news roundup, plus a brief interview with CoinDesk senior markets reporter Brad Keoun

Altcoin Season Trending – LINK, XTZ, BSTX, HBAR Gain Up to 120% in 24h


The last few days have shown bullish price activity across the list of top cryptocurrency markets. There’s been a lot of focus on coins like BTC, ETH, BCH, and EOS, but digital assets like HBAR (120%), STX (52%), XTZ (20%) and LINK (13%) have seen much larger gains this week. The cryptoconomy...

Are Chinese Bitcoin Mining Farms Moving to North America and Why?


Bitcoin (BTC) production is seemingly being shifted to North America from China, which dominates digital coin mining. But if so, what could be the reasons behind it? At the end of 2019, China's Bitcoin miners controlled some 65% of total hash power, according to CoinShares Research. Also, Chinese...

Wyre Announces Partnership with Blockstream to Support Liquid Bitcoin


Crypto payments development platform Wyre announced on Wednesday that it has partnered with crypto-blockchain solutions company Blockstream, to introduce support for Liquid Bitcoin. As per a tweet by Wyre, it has become the first fiat on-ramp platform in the United States to support the Liquid...

No Reprieve for LocalBitcoins Traders whose Bitcoin Remains Locked up


Bitcoin (BTC) traders say they are still waiting to regain access to their tokens two weeks after peer-to-peer cryptocurrency exchange LocalBitcoins quietly suspended their accounts. Account-holders say they have been severely inconvenienced by the move, which has brought their trading operations...

Cryptoverse Cheered on Powell’s Remarks but Missed Warnings


Jerome Powell at the House Financial Services Committee on Tuesday. Source: a video screenshot, Youtube, Washington Post. Some crypto market participants believe it’s the remarks by Federal Reserve (Fed) Chairman Jerome Powell on China’s digital fiat that sent bitcoin (BTC) to 5-month highs...

Bitcoin and Altcoins Restart Uptrend, Climb To New 2020 Highs


After a short term downside correction, bitcoin price found a strong support above USD 9,650. As a result, there was a strong increase above the USD 10,000 resistance area. The price even broke USD 10,200 and traded to a new yearly high close to USD 10,500. Also, there were strong gains in most...

Bitcoin Takes a Bullish Leap and Hits a Fresh 2020 High at $10,300


Bitcoin soars back in the old weekly trading price range as it joins the Bull rally again after two days of relaxation. With this BTC marks a fresh 2020 high above $10,300 in the past 24 hours and is likely to face major resistance at $10,400. As per the previous anticipations given, we totally...

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