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Skrill Now Lets You Swap BTC for BCH


Online payments service Skrill has introduced a new feature allowing users to directly exchange cryptocurrencies. The crypto-to-crypto option gives you the opportunity to use bitcoin core (BTC) stored in your wallet to buy and sell eight other supported cryptocurrencies, including bitcoin cash...

Despite Bitcoin’s Price Drop, High-Powered Mining Rigs Still Profit


Since BTC prices slid below the $8K price range, mining operations have been making less revenue. On Sunday, December 1, only 13 mining rigs with an average electricity cost of $0.12 per kWh are profiting at current prices. Of course, miners from China and other regions pay far less per kWh...

459 Days Until BTC Hits Its Longest Streak Without a New All-Time High


Since bitcoin hit its all-time high (ATH) in December 2017, crypto enthusiasts have wondered if BTC will touch or surpass it again. After the ATH in November 2013 at $1,156 per BTC, it took 1,170 days to touch the next ATH at $19,891 per coin. To many observers, the downtime has been very long...

Bitcoin’s Month-Long Plunge Sees a Break; Starts Forming Higher Highs


BTC is driving the market towards its weekly high as it is heading to cross $7800 with a positive bias. The leading crypto coin had started an uptrend around five days ago when the price faced bottom well below the key support levels. Now, when Bitcoin is recovering its loss of valuation, it is...

Bitcoin (BTC) Bounces Back, Swing Traders Paradise!


Bitcoin’s current price is a swing trader’s paradise with clear support and resistance zones. It is respecting Fibonacci levels on weekly and daily time frames like clockwork. Using weekly and daily charts with Simple Moving Averages, Ichimoku Kinko Hyo, Fibonacci Retracement Tool, and...

Bitcoin (BTC) Trades Above $7,500; Is this a Reliable Bull Trend?


Bitcoin, this time hits the major resistance level at $7,500 instead of just battling with supports BTC price took a leap above $7,600 as well, after nearly five trading days—when it was correcting downwards, but this time it seems to be spiking Bitcoin trading price is now supported by...

Attorney Fees Stack up as Craig Wright Fights Court Order


During the last week, court documents stemming from the Kleiman v. Wright lawsuit show that the Kleiman estate is now pursuing roughly $658,581 for attorney fees and expenses. Additionally, self-proclaimed Bitcoin inventor Craig Wright has filed a motion to fight the sanctions imposed on half...

As Halving Interest Grows, Spectators Discuss Miner Hoards and Capitulation


Recently, cryptocurrency advocates have been discussing the upcoming halvings set to happen on the BTC and BCH blockchains in six months or less. Since crypto prices have been heading southbound, the SHA256 consensus hashrate continues to remain relatively unfazed and data stemming from freshly...

Bitcoin Rises Drastically within No Time; Hits the Overbought Region


Bitcoin trades above $7,000 after having hit bottom around $6,900, just at the time of writing BTC price gains support as it takes a steep climb above $7,100 The Green long candle has hit the right direction only if it would stay Bitcoin price trend looks like a half hourglass, from trading around...

Another Research Paper Finds Flaws With the Lightning Network


On November 21, researchers from Hungary and Institute for Computer Science and Control published a critical examination of the Lightning Network, the protocol intended to amend BTC’s scalability issues. The researchers’ simulation findings indicate the Lightning Network...

Bitcoin Takes a U-turn as It Trades Above $7.3k; Is This a Positive Sign?


Bitcoin price responds positively after having marked negative sentiments below $6,000 BTC price supported by 5-day EMA around the trading price area of $7,200 Although, even after having a recent price correction beyond $7,300 in the past 24 hours, BTC is still sliding in the solid selling zone...

Don’t Blame China: Why BTC Still Can’t Compete With Fiat


In the wake of recent price movements, doubts are beginning to crop up more and more around BTC maximalist circles. As focus shifts from Satoshi’s founding vision of the coin as cash to a mere digital gold to be saved and “cashed out” later, valid questions are indeed raised....

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