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Stablecoin Market Caps Swell Over $7 Billion – Volumes Surpass Most Trading Pairs
31.3.2020
While most digital assets have been suffering, stablecoins have been surging since the market downturn in mid-March and tether (USDT) is capturing more than 70% of BTC trades today. Besides tether, a wide range of other dollar-pegged cryptocurrencies have also benefited this month, as the market...
Capitulation? BTC Battered by Biggest Mining Difficulty Drop Since 2011
30.3.2020
BTC selling from miners could be impacting the price on spot exchanges, taking a closer look at Bitcoin’s mining difficulty provides some useful insights
Egypt Limits Bank and ATM Withdrawals Citing Rampant Cash Outflow and Coronavirus Fears
30.3.2020
On Sunday, the Central Bank of Egypt (CBE) announced it had instructed financial institutions in the country to put withdrawal limits in place for cash. Regional reports disclose that Egyptian residents can only withdraw 10,000 Egyptian pounds ($640) and businesses can only withdraw 50,000 pounds...
Price Analysis Mar 30: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO
30.3.2020
Bitcoin seems to be building up momentum for a breakout above $7,000 and many of the top-10 altcoins are following suit by posting moderate gains
Bitcoin Mining Roundup: BTC Regains 100 Exahash, Miners Close Shop, Pre-Halving Shake-Up
30.3.2020
In 44 days, BTC miners will face the third reward halving as the block subsidy will soon shrink from 12.5 to 6.25 coins per block. Following the market carnage in mid-March, BTC’s hashrate plummeted 44% to a 2020 low of 75 exahash per second (EH/s). Since then the hashrate has climbed back...
Number of Addresses with BTC 1 Rising, while Bitcoin is Leaving Exchanges
30.3.2020
After a crypto market crash in March, the number of wallets with at least 1 bitcoin (BTC) has kept rising, reaching new all-time highs. At the same time, it seems that this coin is leaving exchanges.
Crypto market researcher Glassnode said that on March 29, more than two weeks after the crash,...
Bitcoin Price Reclaims $6K as Traders Eye New BTC Futures Gap Above
30.3.2020
Bitcoin bounces back after signs of weakness result in a brief trip below $5,900
Market Update: Uncertainty Remains Thick as Bears Claw Bitcoin Price Below $6K
30.3.2020
Bitcoin’s price has been dragging downward and on March 29, BTC’s fiat value slipped beneath the $6K zone. Most of the top ten cryptocurrencies are down between 5-8% in the last 24 hours. As the global economy falters and the halving approaches, people are uncertain about the future...
Latest Bitcoin.com Wallet Release Features Live Charts and Price Tracking
30.3.2020
This week, our developers rolled out the latest version of the lightning-fast, noncustodial Bitcoin.com Wallet. The new version now comes with live price graphs so crypto enthusiasts can follow crypto price changes in real-time. Moreover, the wallet software also features price tracking so you...
BTC Worries, Buterin ‘Embarrassed,’ Blockchain Fights Coronavirus: Hodler’s Digest, March 23-29
29.3.2020
In this week’s Hodler’s Digest, Bitcoin may be stuck under $8,000 for some time, lack of BTC–ETH bridge “embarrassing,” and how blockchain is fighting the coronavirus
Porn Industry Thrives During Lockdown — These Sites Are Cryptocurrency-Friendly
29.3.2020
Porn sites have been experiencing increased traffic as the number of people under lockdown or quarantine rises due to the coronavirus pandemic. Many of these sites accept cryptocurrencies, including Pornhub. The popular porn site currently offers residents of some countries free premium membership...
In-Between Bitcoin Halvings: Analyst Proves Bitcoin’s Price Not Bound to 4-Year Cycles
29.3.2020
Crypto traders and analysts have always looked to the halvings for some kind of clues in order to predict the future price of bitcoin. A number of traders also think that BTC price movements shift every four years and speculators often use the halvings as milestone markers. On March 28, crypto...
Microsoft Patents New Cryptocurrency System Using Body Activity Data
29.3.2020
Microsoft has patented a cryptocurrency mining system that leverages human activities, including brain waves and body heat, when performing online tasks such as using search engines, chatbots, and reading ads. “A user can solve the computationally difficult problem unconsciously,”...
Bitcoins on the Move — Is BTC Price Inversely Correlated to Mempool Size?
29.3.2020
Bitcoin price dropped by 60% between February 19 and March 13, while mempool size moved in the opposite direction
400 Kraken Survey Respondents Predict Bitcoin Price Will Surpass $22K in 2020
29.3.2020
San Francisco-based exchange Kraken conducted a poll that stems from the responses of 400 “VIP” cryptocurrency traders. Despite the current economic climate, surveyed participants indicate they still believe the cryptoconomy is in a “bull market.” Moreover, Kraken’s...
‘Bull Run May Not Come Immediately After Bitcoin Halving,’ Says Bitmain’s Jihan Wu
28.3.2020
Bitmain cofounder Jihan Wu’s recent interview discusses some of his predictions concerning the future of bitcoin, mining, the bitcoin halving, and the cryptoconomy. Despite the coronavirus outbreak and its effect on the global economy, Wu is optimistic and he believes the modern central...
Bitcoin Wallets Holding at Least 1 BTC Set to Hit 800K All-Time Highs
28.3.2020
Bitcoiners empty exchanges as wallet addresses one or more coins reach their biggest number ever
Bitcoin (BTC) Nosedives Around $6k; Major Support Lies at $5.8k
28.3.2020
Bitcoin experienced the most anticipated fall as it retests around $6k and $6.1k after accumulating above $6.5k. Well, you would wonder, how was this an anticipated fall of BTC. Aligning the analysis done two days back, we were quite ready for a dip sooner or later as the coin experienced a “death...
Singapore Allows Crypto Companies to Operate Without a License for 6 Months
28.3.2020
The Monetary Authority of Singapore has granted an exemption from holding a license to a number of cryptocurrency companies operating in the country under the new Payment Services Act. Among the companies benefiting from this six-month grace period are Binance, Coinbase, Gemini, Bitstamp, Luno...
Price Analysis Mar 27: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO
27.3.2020
Bitcoin is at a critical crossroad and the price action of the next few days will determine whether it rallies above $8,000 or drops to $5,000