Bitcoin (BTC)

The most widely used US-based cryptocurrency exchange Coinbase went down during Bitcoin’s latest surge above the $10,000 mark. After a few days of discontent from the community, the company recently published a statement claiming that the unusually high traffic prompted technical difficulties. Traffic Brings Down Coinbase As CryptoPotato reported recently, the US-based exchange went offline for nearly an hour when Bitcoin conquered the coveted $10k level. Unfortunately for Coinbase, this was...

The coronavirus lockdown has caused many people to see bitcoin in a different way, including residents of Russia.Russia Seems to Love BTCThe country has had a very mixed relationship with cryptocurrency. Assets are often traded in secret as government officials have not taken to digital assets the way other nations have. The country has also long considered a ban on digital currency trading, believing it leads to criminal activity such as money laundering.Now that everyone is stuck at home...

According to an analysis by the popular blockchain data company Glassnode, Bitcoin miners are selling a lot less at the current price rate. While this might look like a positive sign at a glance, it might also suggest that the current rate simply doesn’t satisfy their profitability criteria.Bitcoin Miners Selling LessData from the well-known cryptocurrency monitoring resource Glassnode reveals that Bitcoin miners have been selling substantially less BTC at the current rates.In fact, after the...

Comme prévu, la difficulté de minage poursuit sa baisse pour atteindre un niveau proche de celui de janvier, permettant au réseau de retrouver un rythme de production de blocs conforme à sa moyenne habituelle. L’ajustement précédent – calculé sur la période du halving et comportant donc à la fois des blocs à 12,5 et des blocs à 6,25 bitcoins – ne prenait donc pas complètement en compte la nouvelle...

It looks like venture capitalist Tim Draper has positive sentiment towards the Libra cryptocurrency and its founder Mark Zuckerberg.Tim Draper Sticks Up for Mark ZuckerbergTim Draper has made a real name for himself in the crypto space. He won a huge chunk of Ross Ulbricht’s bitcoin stash in an auction in 2014 and has often offered huge praise for the digital asset. In addition, he has loaded the space with wild – yet intriguing – predictions, stating that the currency would reach the...

Anybody expecting a big surge in bitcoin will probably have to wait considerably longer, say many analysts.Bitcoin May Stay As It Is for a WhileAt the time of writing, the world’s number one digital currency by market cap has dropped to about $9,600, roughly $100 less than where it stood just 24 hours ago. The halving took place just under a month ago, and many saw the currency reaching new peaks a few weeks or even a few days after this was slated to occur.Sadly, this isn’t quite the case....

The bitcoin price has stabilized somewhat over the past few days, but it looks like in many ways, the world’s number one digital asset by market cap is still enduring a struggle.Bitcoin Has to Reach the Five-Figure RangeThis seems to be the sentiment of most crypto analysts, who claim that $10K appears to be one of the biggest hurdles for the coin. The mark is proving to be a heavy resistance point for the currency, as the asset initially rose above this mark about 72 hours ago only to fall...

After losing $35 on Tuesday, Bitcoin Cash slowly bounced back to about $256.Against Bitcoin, it is trading nicely above 0.026 BTC following a recovery from a four-week low.The mid-term target for BCH lies at 495 if it successfully breaks above the crucial $280 level.BCH/USD: BCH Charging Towards Key Resistance AgainKey Support Levels: $266, $281, $352Key Resistance Levels: $235, $222, $200BCH/USD. Source: TradingViewFew minutes after our previous analysis on Tuesday, Bitcoin Cash lost almost...

Cryptocurrency intelligence company tracking crimes involving digital assets – CipherTrace – said in its latest report that crypto thefts, hacks, and frauds totaled $1.4 billion in the first five months of 2020.Cryptocurrency exchanges are becoming more aware of illegal funds coming from crimes and are implementing successful countermeasures, the firm added.$1.4B Worth Of Frauds In 2020 So FarAccording to the paper dubbed Spring 2020 Cryptocurrency Anti-Money Laundering and Crime Report, the...

June started very violently for Bitcoin. On the first day of the month of June, the primary cryptocurrency recorded a 3-month high after touching the $10,500 resistance mark.However, the drop was even quicker, as Bitcoin price saw a free-fall to $9135 on Bitstamp, and even lower on BitMEX exchange.Over the past days, the volatility had decreased, along with the declining amount of trading volume. Keeping in mind also the RSI indicator, which is also indecisive around the 50-neutral area.All...