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BTC Plunges to USD 9.6K Despite Higher Interest and Restrained Supply
24.7.2019
The most popular cryptocurrency, bitcoin, once again dropped below USD 10,000, despite market players indicate higher interest in this coin and the amount of bitcoin untouched for at least 5 years is at an all-time high.
At pixel time (04:30 UTC), bitcoin trades at c. USD 9,636 and is down...
Bitcoin Cash Adoption Continues to Spread in North Queensland and Japan
24.7.2019
BCH merchant acceptance has continued to grow month after month but there are a few regions in the world where bitcoin cash retail acceptance is thriving. Over the last few weeks, North Queensland and Japan have shown significant growth and continue to dominate as some of the densest territories...
Bitcoin Futures Update: Bakkt Testing, CME Breaks Records, and a $100K Call Option
23.7.2019
Over the last few months, the interest surrounding cryptocurrency derivatives products has been growing fast. For some time now, open interest in CME’s bitcoin futures has been breaking records. Bakkt’s futures platform began testing contracts on Monday and the company says there...
Bitcoin Price Analysis: BTC Drops Heavily; Breaks Even Below $9950
23.7.2019
Bitcoin price has traded below $10,000 over the last 4 hours BTC price has broken support levels near $10,114.76, $10,000 and even $9950 The coin has recently found support level at $9907.01 and rebounded A weekly close above $11,000 only, can resume the price rally Bitcoin has recently lost...
Indian Government Unveils Draft Crypto Bill Ahead of Supreme Court Hearing
23.7.2019
The Indian government has officially released the report by the interministerial committee tasked with proposing crypto measures. The announcement came one day before the country’s supreme court was scheduled to hear the writ petitions against the crypto banking restriction. The report...
Binance CEO Thinks Trump Discussing Cryptocurrency is a Good Thing
23.7.2019
The industry of cryptocurrency doesn’t seem to cease the discussions around it. The latest comments have come from Changpeng Zhao, the CEO of the biggest digital currency exchange in terms of trading volume – Binance. Zhao’s opinions are in response to US President Donald Trump’s remarks...
Bitcoin vs Ethereum: BTC Holding On Key Support, ETH Continues to Trade Bearishly
23.7.2019
Since the last few days, Bitcoin price was on a bullish spree causing rest of the crypto market to uplift, however, the uplift has been a bit mild with Ethereum. Today the Bitcoin bull-run appears at a break as the coin now has just dipped below $10,000 and is struggling to climb beyond it....
Will Bitcoin Embark on a New Journey This Year?
23.7.2019
Bitcoin has never failed to surprise its investors and loyalists. Just when Bitcoin worked with its full potentiality in December 2017, it went on a declining stride in 2018. However, the same declining stride turned into a surging trend this year where the coin even traded beyond $13,000 from...
Bitcoin Vs. Ripple: BTC & XRP Shares a Tremendous Similarity on the Growth Pattern
23.7.2019
Bitcoin (BTC) and Ripple (XRP) both shares bullish medium-term outlook. Both the coins have shown four major price swings each over the last 24 hours. Both Bitcoin and Ripple possess prominent positions in the current market. Both the coins have been following a similar line of price movement....
Bitcoin Price Analysis: Should We Look at the Support Level after BTC’s 3.5% Fall?
23.7.2019
Bitcoin shows four major price swings in the last 24 hours The target for 2019 should remain unchanged at 15,000 USD Bitcoin seems to be taking more than normal time to bounce back. Last few days have been tough for Bitcoin, and it has been the same for the last 24 hours as well. The …
The...
Bitcoin Network is 8 Times More Powerful Than It was at its Peak $20k in 2017, Says New Data
22.7.2019
Despite prices falling down to about half of what it was at the peak, Bitcoin has become eight times more powerful network since 2017, say new hashrate data. As per Blockchain.com’s new data, Bitcoin hashrate touched the 79 trillion tera hashes per second on July 20, breaking the previous...
CEO of Dash Forms Five Strategies for Driving Mass Crypto Adoption
22.7.2019
There have been unending discussions on the adoption of digital currencies and how they can bring about changes and benefits to the larger global community. Despite their probable negative effects, cryptos can open up a host of new opportunities for businesses that want to improve and grow their...
Bitcoin Price Analysis: BTC Faces Price Drop Within 4-Hours, Bull Run Seems to be at Stake
22.7.2019
Bitcoin trades downwards over the last 4 hours, fails to stay above $10,500 Currently, Bitcoin is correcting up from $10,418 BTC has decreased by 1.53% in the last 4 hours, facing selling pressure at present Bitcoin has been on a bullish spree except for yesterday’s price pullback from BTC’s price...
Bakkt To Start User Testing ‘Moonshot’ Bitcoin Futures Trading Platform From Today
22.7.2019
The Atlanta based crypto trading platform Bakkt will start user testing its much-awaited Bitcoin futures trading platform ‘Moonshot’ on Monday. The project is aimed at institutional investors and could prove to be the major booster for market growth. Bakkt is a subsidiary of Intercontinental...
Justin Sun Extends List Of Invitees For High Profile Lunch With Warren Buffett
22.7.2019
The Power of One Lunch with Warren Buffett will be happening this Thursday, July 25, at the famous Quince Restaurant in San Francisco, California. Justin Sun donated a whopping $4.57 million via a charity auction bid, to secure the lunch with the master investor. The event is touted to be extremely...
Bitcoin Vs. Ripple: Both BTC & XRP Seem to Have Chosen the Stable Path
22.7.2019
Both Bitcoin and XRP have shown four major price swings in the last 24 hours. The target of 2019 for Bitcoin remains around 15,000 USD to 20,000 USD and XRP may touch 0.7 USD. Bitcoin and Ripple have been showing a similar trend of price movements in the past few days. Both the coins have...
Bitcoin vs Ethereum: BTC and ETH Resume Price Recovery After a Plunge
22.7.2019
Since 18th July, Bitcoin is giving bullish results when it comes to its price trend. The coin had reclaimed its price position above $10,000 and the coin even went above $10,500. On 20th July, BTC even went above $11,000 and then corrected near $10,767.14 closing the price on 21st July. Bitcoin...
Bitcoin Seems to have Bullish Trend; But Hovers Around $10,500, Exhibiting Contradictories
22.7.2019
Bitcoin (BTC) exhibited striking price trends on the weekends in the previous month to a great extent. However, the weekends this month have been quite pale and stagnant. When on the previous weekend, the coin was seen having languished trends, this time it kept a stagnant crossover with no bullish...
Bitcoin Price Analysis: Bitcoin (BTC) Swings Four Times in Last 24 Hours; Next Target $10,830
22.7.2019
Bitcoin shows four major price swings in the last 24 hours. The next resistance point target should be 10,830 USD. Bitcoin has been pushing slowly yet steadily to recover from the downfall in the market that happened over the past few days. Overall growth in the last 24 hours has been in negative...
Bitcoin vs Ripple: BTC and XRP Share Almost Similar Price Trend in the Last 24 Hours
21.7.2019
Both Bitcoin and Ripple have shown four major price swings each in the last 24 hours. By the year’s end, Bitcoin may touch 15,000 USD, and Ripple may reach 0.7 USD. Over the last 24 hours, both Bitcoin and Ripple have shown a similar price momentum. Here is an analysis of the price movement...