No doubt, bitcoin has had a very up-and-down year. It initially began in the low $7,000 range – where it ended 2019 – before falling into a high $6,000 position.Bitcoin Is Going to Hit It BigFrom there, political tension between the U.S. and Iran brought the currency to $7,000 all over again, and the currency continued to spike from there. It wasn’t until the coronavirus pandemic struck every global market in early March that the currency began exhibiting bearish behavior. It struck the...
Read More »Ripple Records New Monthly Low Against Bitcoin, Opportunity Or Falling Knife? XRP Price Analysis & Overview
XRP saw a small 0.4% price hike over the past 24 hours as it continues to edge its way toward $0.20.The coin rebounded from support at $0.18 last week as it bounced from a rising trend line.Against Bitcoin, XRP has been falling throughout April and recently dropped into the 2550 SAT level.Key Support & Resistance LevelsXRP/USD:Support: $0.191, $0.18, $0.171.Resistance: $0.2, $0.206, $0.218.XRP/BTC:Support: 2550 SAT, 2510 SAT, 2500 SAT.Resistance: 2600 SAT, 2650 SAT, 2710 SAT.XRP/USD:...
Read More »Binance Marches In Bitcoin Mining, Officially Launches Binance Pool
Binance, the world’s largest cryptocurrency exchange by trade volume, is unrelenting in its rapid expansion drive in the crypto industry. The exchange has officially launched a crypto mining platform dubbed “Binance Pool,” a move that will likely challenge top mining pools in the industry.Binance CEO Changpeng Zhao (CZ) shared updates about the new mining platform last week Friday, saying that the Binance Pool has been launched in a closed-beta phase with its first block of Bitcoin already...
Read More »Correlation Between Bitcoin and Gold Sets The Stage For Another 2017-Like Parabolic Price Surge, Bloomberg Reports
A recent report by Bloomberg says it might be time for a 2017-like bull run for Bitcoin. According to the document, interest in BTC is increasing while the market is maturing in time for the 2020 Halving, winking at the previous event of the kind that took place in 2016.Becoming The Digital Gold, After a High-Five With The Precious MetalIt might be the digital currency’s ready-get set-go for a bullish run, the report predicts. It emphasizes that BTC probably has what it takes to become “the...
Read More »Bitcoin Halving 2020: BTC Price Is Above $7,700 as Halving Is Just 15 Days Away
The price of Bitcoin (BTC) has been stagnating between $6,600 and $7,200 for a few weeks, but finally, a breakout occurred to the upside, which meant a 10% push towards $7,750 two weeks before halving.While Bitcoin halving is approaching, there are more and more talks about the price of BTC. Though there are a lot of different points on what may happen next, now Bitcoin price is increasing. The asset is trading at $7,712 now, having added around 1.40% within the last 24 hours.Galen Moore,...
Read More »Stellar Lumen (XLM) Price Forming Strong Uptrend, $0.07 Next?
Stellar lumen price is up more than 10% and it broke the $0.0600 resistance area against the US Dollar.XLM price traded to a new monthly high at $0.0661 and it is currently consolidating gains.There is a short term contracting triangle forming with support near $0.0610 on the 4-hours chart (data feed via Kraken).The pair could correct further lower towards the $0.0575 support and the 55 simple moving average (4-hours).Stellar lumen price is showing many bullish signs against the US Dollar and...
Read More »Bitcoin à deux semaines du halving
La prochaine division de la prime attribuée aux mineurs de bitcoin pour chaque bloc de transaction aura lieu autour du 11/12 mai 2020. Cette prime est divisée par deux tous les 210 000 blocs. 50 bitcoins ont été générés pendant les 4 premières années, puis cette valeur est passée à 25 le 28 novembre 2012 et à 12,5 le 9 juillet 2016. Elle passera à 6,25 BTC après le 11/12 mai (pour une estimation...
Read More »#869 Diese Kryptowährung ist der Staking King, Weiss Ratings Cardano vor Ethereum & Hive 800 Prozent in 6 Tagen
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 869. Heute sprechen wir über folgende Themen: Diese Kryptowährung ist der Staking King, Weiss Ratings Cardano vor Ethereum & Hive marschiert über 800% in 6 Tagen. [embedded content] 1.) Tezos (XTZ) überholt EOS – Keine Kryptowährung hat mehr Anleger im Stakinghttps://bitcoin-kurier.de/tezos-xtz-ueberholt-eos-keine-kryptowaehrung-hat-mehr-anleger-im-staking/ 2.) Weiss Ratings Puts Cardano Ahead of Ethereum in “Technology”...
Read More »Bitcoin Just Made a Fresh April High, But Still Facing Its Real Major Test: BTC Price Analysis & Overview
Bitcoin starts the week following a bullish weekend. Just as anticipated, Bitcoin broke above the $7600 to a new price high since the devastating collapse on March 12. As of writing these lines, Bitcoin marks $7800 (Bitstamp) as the new high.Following our previous BTC analysis from Saturday, we can see that Bitcoin broke above the 4-hour chart’s marked triangle (at $7600) and quickly reached the prior high of $7750, and even created a fresh high.The bullish momentum is seeing back-winds from...
Read More »The Coronavirus May Have Actually Helped Bitcoin
No doubt bitcoin has gone through a rough couple of months this year, but then again, so has every asset.Bitcoin Could Be Big Again SoonIt seems like everywhere you look – whether it’s Asia, America, Europe, etc. – people are dealing with the circumstances surrounding COVID-19. The virus has done harsh damage to the global economy, resulting in several assets and markets falling by thousands of dollars since early March.However, some analysts believe this won’t be bad for bitcoin in the long...
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