Bitcoin (BTC)

Over the past two days, we saw Bitcoin losing momentum following the global markets. After reaching the $6600 resistance, Bitcoin price failed to break the symmetrical triangle as can be seen on the following 4-hour chart.From there, Bitcoin found temporary support upon the $6400 boundary, before continuing the 3-day plunge to the lower angle of the triangle. As of writing these lines, the lower ascending trend-line holds. The critical support lies around $6130 (Bitstamp), which is also the...

The argument continues over whether bitcoin and stocks are correlated. Some say they are, while others say that the crypto industry follows a path all its own.So, Do Stocks and Bitcoin Follow Each Other?At the time of writing, the stock market (Dow Jones) has spiked another 100 points, while crypto, for the most part, remains somewhere in the middle. Over the last day or two, we’ve seen many digital assets incur small spikes, while others have taken a few steps back.Bitcoin, for example, was...

The bitcoin mining arena is being heavily impacted by the coronavirus. Among the biggest firms being hit is the Nasdaq-listed Riot Blockchain, which recently submitted a report explaining that the global pandemic is taking a massive toll on its operations.Riot Blockchain Is the Latest CasualtyIn the report, the mining firm explains two major factors under the headline “general risk” that it feels are particularly dangerous to its operations. For one thing, many workers have been forced to...

Satoshi Nakamoto, also known as Craig Wright, will appear in an “ask me anything” session! At the same time, there’s a new token in front of Bitcoin on CoinMarketCap. And all of this comes today, April 1st!Let’s take a look at some of the best April 1st (International Fool’s Day) jokes in the cryptocurrency community. As always, it has been rather vocal and original.Necessities Surpass BitcoinAfter years of domination on all cryptocurrencies, Bitcoin finally met its match. Even more, it’s no...

While Chainlink remains indecisive in a rising triangle, buyers continue to show commitment on the short-term.If LINK can break above the 38200 SAT level, the bulls might regain control of the market momentum.Chainlink is still facing strong support across its trading pairs.LINK/USD: Chainlink Looking For BreakoutKey Resistance Levels: $2.4, $2.75, $4Key Support Levels: $2, $1.52, $1.35LINK/USD. Source: TradingViewThis week, Bitcoin and altcoins have seen a small bounce from their immediate...

The novel coronavirus (COVID-19) took the world by a storm and its spread, and it shows no signs of slowing down. With the total number of infected people getting close to a million, countries around the world are instituting lockdowns to slow down the spread and keep the hospitals from overflowing with patients.A closer look at Bitcoin’s whitepaper, however, reveals that its pseudonymous creator, Satoshi Nakamoto, had the foresight to create a system that’s effective in situations much like...

A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, XRP and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Cryptocurrencies are still correcting and volatility is reducing, so we may expect some good movements in the nearest future. As a rule, low volatility is often...

Bitcoin is believed to enter the miner capitulation stage, where hash rate and price drop significantly. However, some researchers claim that Bitcoin price is independent of the halving cycles, as well as of hash rate.Per TradingView general manager Pierce Crosby, the programmatic price limits have significant influence over the Bitcoin hash rate. The lower the price per coin, the lower the profits from block mining. Crosby believes that part of the network’s rigs will slow down, causing a...

Bitpanda stellt für den Bitpanda Ecosystem Token (BEST) ein neues Feature vor: BEST Rewards! Dabei handelt es sich um ein neues und spannendes Treueprogramm mit dem du deine BEST Bestände jährlich um bis zu 12,78% vermehren kannst! Viele von uns sind Hodler. Aber was nutzt es, wenn die Bitcoins einfach so herumliegen? Wer das Risikio nicht scheut, kann jetzt dank der Wiener...

Opera Browser: Erster bekannter Browser mit .Crypto-Domain Über eine Partnerschaft mit Unstoppable Domain bekommen alle Nutzer von Opera nun einen Zugang zu dezentral platzierten Internetseiten. Bei Unstoppable Domain handelt es sich um ein innovativen Technologieunternehmen, welche von weltweit bekannten Bitcoin-Anhänger Tim Draper Unterstützung erhält. Integration einer neuen Domainerweiterung Ihm Rahmen der Kooperation beider...