Bitcoin (BTC)

The month of April so far seems bullish for Bitcoin. After starting the month at around $6200, the Bitcoin price quickly elevated to $6600 (April 1st) and built a ‘baseline’ around this price zone.At the same time, $6800 provided a tough resistance from the other side, and most of the time, Bitcoin was trading between the price range of $6600 – $6800, as we mentioned here before.As we can see, the $6600 had been providing decent support for Bitcoin over the past week and could defend every...

The outbreak of the novel coronavirus (COVID19) caused serious turmoil in the global financial markets. According to a report by VanEck Global, an ETF and Mutual Fund Manager, during this crisis so far, gold correlates with Bitcoin increasingly in the short-term.Gold Correlates With Bitcoin Amid Coronavirus OutbreakGold and Bitcoin are two assets that have nothing to do with each other on the surface and yet they are oftentimes compared. A closer look reveals many similarities, such as...

Swiss Blockchain Federation Die Swiss Blockchain Federation hat in der vergangenen Woche eine breite Befragung bei Startups im Schweizer Blockchain-Ökosystem durchgeführt. An der Umfrage zur Corona-Krise haben 203 Unternehmen teilgenommen und dabei einen Hilferuf abgegeben. Die zentralen Erkenntnisse: Ein Grossteil (79.8%) der befragten Startup-Vertreter gibt an, in den...

The Bank of Korea (BOK) has initiated a test program to check the capabilities and necessary technologies required for launching a central bank digital currency (CBDC). Despite the testing, though, the bank noted that the chances of issuing its own cryptocurrency are slim due to lots of competition.BOK Tests CBDCA local report from earlier today informed about the actions from the Bank of Korea. It indicated that the test program began last month and will provide a decisive conclusion by the...

Stellar lumen price is currently rising and trading nicely above the $0.0432 resistance against the US Dollar.XLM price is likely to continue higher above the $0.0450 and $0.0475 resistance levels.There is a key bullish trend line forming with support near $0.0418 on the 4-hours chart (data feed via Kraken).The pair could surge towards $0.0550 if it clears the main $0.0500 resistance area.Stellar lumen price is gaining bullish momentum above $0.0420 against the US Dollar, similar to bitcoin....

Popular cryptocurrency commentator Tone Vays believes that Bitcoin has already reached its yearly bottom when it hit $3,700. He continued his positive prediction noting that BTC might not even dip below $6,000.Tone Vays: Bitcoin Already BottomedThe egregious circumstances caused by the COVID-19 pandemic led to extremely high levels of volatility in all financial markets in March. Naturally, the cryptocurrency market is amongst the leaders in terms of violent fluctuations. During the most...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 852. Heute sprechen wir über folgende Themen: Bitcoin 20.000 Dollar bis Jahresende oder „ich kann das Handtuch werfen“, McAfee sagt Bitcoin ist wertlos und empfiehlt 3 Altcoins & Poloniex IEO Plattform. [embedded content] 1.) Bitcoin‑Bulle: 20.000 Dollar bis Jahresende oder „ich kann das Handtuch...

Gold hatte neben seinen Einsatz in der Industrie und Schmuckverarbeitung schon immer eine hohe Wertsicherungsfunktion, vor allem in Krisensituationen. Die aktuelle Corona-Pandemie bringt viele Ängste, vor allem die um die wirtschaftlichen Folgen, mit sich. Umso mehr investieren die Leute in Edelmetalle, vorwiegend in Gold, sodass der Goldpreis in den letzten Märzwochen um 10.9% stieg. Dieses Edelmetall hat sich als geeignetes Wertsicherungsmittel in Finanzkrisen bewährt. Doch...

Things are looking good for bitcoin from a technical standpoint.Technical Charts Suggest Positivity for BitcoinPer recent technical charts, the world’s number one cryptocurrency by market cap has surged past a crucial position – the same position it moved beyond last January to incur a serious price spike that saw the currency surge past the $10,000 mark in mid-February.Could this mean that the gloom and doom that’s been plaguing bitcoin over the past few weeks is about to come to an end?...

Bitcoin has climbed more than 15 percent over this last week, suggesting the currency hasn’t lost its strength or power as some might suggest.Is Bitcoin a Safe Haven After All?One of the big sentiments as of late is that bitcoin is being sold off in droves. That people are too worried about the economic conditions they’re facing and are looking to retain as much cash as possible. One of the ways of doing this is by selling all speculative assets to retain the money they need to survive and...