Bitcoin (BTC)

Bitcoin service provider Open Node in Los Angeles is unveiling a new feature that will allow employers to pay their workers in bitcoin.Open Node Allows Employee BTC PaymentsThe fact that there would even be demand for such a service suggests that perhaps bitcoin is indeed drawing closer to mainstream territory. Traditionally, paychecks are provided in fiat currency, whether it be USD, yen, or euro payments, but to give people what they’ve earned from their jobs in crypto is bound to make...

Bitcasino has joined forces with crypto charity ‘The Giving Block’ to support a virtual relief benefit concert which is raising funds for those adversely affected by the COVID-19 pandemic.The crypto community marked the 2020 Giving Tuesday Now global giving event in style, with industry leaders like BTC gaming brand Bitcasino coming alongside with cryptocurrency aid organization The Giving Block to organize the “Donate, Dance, Decentralize” D3 virtual concert to ensure support for non-profits...

Well, well… Did anybody see this coming? After spending the last few weeks in extremely bullish territory, the world’s number one cryptocurrency by market cap – bitcoin – has decided to shed more than $1,000 in a single night.Why Did Bitcoin Crash?This is the exact opposite of last week when the currency decided to gain that much within a 24-hour span. The currency shocked the entire market and decided to spike from the high $8,000 range to the high $9,000 range, adding close to $1,000 to its...

The real buzz in the cryptocurrency industry right now is about the long-awaited Bitcoin third halving, which is only a few hours away. Expectedly, results in Google Trend show an increasing interest in the topic.Bitcoin 2020 Halving In HoursEveryone, including critics, is alert as the Bitcoin miners move closer to block 630,000, where the mining reward is scheduled to half from 12.5 BTC to 6.25 BTC. At the time of this writing, the current block is 629967, meaning there are less than 35...

Since the launch of bitcoin (BTC) in 2009, one of the biggest concerns in the cryptocurrency ecosystem has been price volatility. Despite the launch of hundreds of crypto coins after Bitcoin, these didn’t bring stability to the cryptocurrency market. That was until the launch of Tether USDT, a stablecoin, in 2014.Unlike traditional cryptocurrencies based on supply and demand on a decentralized network, stablecoins such as Tether USDT are backed by fiat currency, including the EUR, USD, GBP,...

Link looks indecisive after witnessing a 1.92% loss over the past few hours.The price is trapped in a channel as the bullish trend remain valid across trading pairs.Chainlink continues to hold key demand level at $3.47 after a series of rejections.LINK/USD: Chainlink Is Trapped In a Tight RangeKey Resistance Levels: $4, $4.26, $4.5Key Support Levels: $3.47, $3, $2.63LINK/USD. Source: TradingViewWhile most top altcoins dropped below their immediate supports following the recent fall in...

Ethereum saw a sharp decline over the weekend, which caused it to slip beneath $200 and reach $187.The cryptocurrency managed to find strong support at a rising trend line.Against Bitcoin, Ethereum is battling to hold above the 0.021 BTC level.Key Support & Resistance LevelsETH/USD:Support: $180, $175, $170.Resistance: $190, $200, $211.ETH/BTC:Support: 0.021 BTC, 0.0208 BTC, 0.02 BTC.Resistance: 0.022 BTC, 0.0225 BTC, 0.023 BTC.ETH/USD: Ethereum Rebounds From Rising Trend LineEthereum saw...

With a few hours and less than 40 blocks to 2020 Bitcoin halving, CME Group says the record trading activity for its Bitcoin derivatives reflects a strong institutional interest before the halving event.With miners remaining to solve less than 40 blocks before the 2020 Bitcoin halving, the Chicago Mercantile Exchange sent out one of their recent Bitcoin analyses. According to CME, a strong surge in volumes over the past week is a clear indication that institutional investors are rushing to...

The median confirmation time for transactions with miner fees to be included in a mined block and added to Bitcoin’s ledger has decreased substantially on the day that the halving is estimated to take place. If the rate continues as it is, the event will take place a few hours sooner than expected.10 Blocks Mined in 47 MinutesAccording to information from Blockchain.com, the average time for the network to generate new blocks has decreased substantially.Blocks 629952 through 629961 were mined...

Bitcoin’s volatility is breaking records, as the primary cryptocurrency approaches its third halving in a few hours.After yesterday 20% plunge to $8K, Bitcoin had recovered more than halfway. As of writing these lines, Bitcoin is trading around the $9000 mark.As we stated here on yesterday’s BTC analysis, the violent plunge that took place on Sunday found strong support at the $8K price zone, which includes the 200 and the 100 days moving average lines, along with the ascending trend-line...