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Bitcoin (BTC)

Scaling Bitcoin: Over 56% Of BTC Transactions In 2020 Use SegWit

Despite many criticisms against Segregated Witness (Segwit) since its implementation in 2017, the Bitcoin scaling solution continues to see an increased number of bitcoin transactions over the years. Segwit Sees Serious IncreasesData from Segwit.space, a platform that monitors the adoption of Segwit, revealed that it had achieved a new landmark as the transaction volume on the protocol now amounts to over 56% of all transactions on the Bitcoin network.SegWit Transactions. Source:...

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A Bitcoin Soft Fork Is Coming; What Will Emerge?

For a brief period early yesterday morning, bitcoin was trading over the $9,000 mark. This is the first moment bitcoin has struck such territory in over two months.A Bitcoin Soft Fork Is ComingNow, however, the world’s number one cryptocurrency by market cap is trading for a measly $8,600. While this isn’t necessarily bad – especially when considering where the currency has traded before – it does mark a $400 drop for the digital asset in approximately 24 hours, and many are wondering if it’s...

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Swiss Franc May Be Used as Proxy for Gold, Says Goldman Sachs

Ever since the geopolitical tensions in the Middle East where top Iranian military commander Qassem Soleimani died, the incident is the main explainer for why gold reached six-year highs. Now when in the recent days the Swiss Franc is surging, Goldman Sachs Co-Head of Global Foreign Exchange Zach Pandl believes it could be because it may be being used as a proxy for gold. He says that CHF follows gold in terms of price swings. Pandl said that on Monday morning it was trading around...

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Bitcoin SV (BSV) Skyrockets 20% While The Green’s Back Into The Market: Crypto Monday’s Watch

The cryptocurrency market was particularly volatile in the last few weeks. Bitcoin SV stands tall today with a serious increase of over 20% in the past 24 hours alone. At the time of this writing, BSV trades at around $307.BSV has been on a rollercoaster throughout the past seven days. On January 15th, it reached a new all-time high of $413. At that time, news broke that Wright doesn’t have access to the private keys needed to access 1.1 million bitcoins, part of the popular Tulip Trusts....

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BTC Price Analysis: after Bull Run, Bitcoin Retreats in Tactical Maneuver

BTC/USD is as of now exchanging at $8,623. Over the most recent 24 hours, the coin was in a solid bearish disposition amid falling instability.Bitcoin drove the digital money market on Sunday with a sudden short consolidation that surpassed the desired $9,000 without precedent for 2020. The price came to $9,000, yet the highest price level came to $9,194.99. Consolidating trends between $8,500 and $8,750 level are probably going to come first for the time being.The weekend session was very...

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Amazon Wants You to Pay with Your Hand instead of Your Credit Card

Amazon, the company which once only focused on e-commerce, now is also a technology giant. But it just doesn’t stop there. Now the company has revealed its future plans to step into the financial game and wants you to pay with your hands not credit cards.Amazon is now working on a system with which customers might be able to pay for their items with their palms or hands. This system is specifically for physical stores so that people could purchase their items at checkouts much faster.This...

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Binance Adds Fiat-to-Cryptocurrency P2P Trading For The Vietnamese Dong (VND)

Binance, currently being the leading cryptocurrency exchange, continues to expand and add new features for its users. Starting today, the venue would allow direct fiat-to-crypto trading for the Vietnamese Dong (VND).Binance Adds P2P VND TradingBinance is the world’s leading cryptocurrency exchange by means of the daily trading volume. More importantly, they are continually adding new features, allowing traders to take advantage of a diversified set of tools.According to a press release shared...

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Bitcoin Made Early Investors Stinking Rich but It’s No Mastercard Killer

Charlie Bilello highlights the performance of Mastercard and Visa in an attempt to shoot down bitcoin. In terms of returns, bitcoin has dramatically outperformed the two financial companies. When it comes to transaction volume, Visa and Mastercard have significantly outpaced the cryptocurrency. Bitcoin has no shortage of critics. Some of them love to cherry pick statistics to rip the top cryptocurrency. I have yet to see someone slam bitcoin in an area where it...

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Peter Schiff Lost Bitcoin after His Crypto Wallet Failure

An outstanding American investment broker and Euro Pacific Capital CEO Peter Schiff has lost Bitcoin. The loss resulted from the failure of his crypto wallet. On Sunday, Schiff wrote on his Twitter account his password was no longer valid.I just lost all the #Bitcoin I have ever owned. My wallet got corrupted somehow and my password is no longer valid. So now not only is my Bitcoin intrinsically worthless; it has no market value either. I knew owning Bitcoin was a bad idea, I just never...

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Stellar Lumen (XLM) Price In Strong Uptrend And It Could Surpass $0.07

Stellar lumen price is following a nice uptrend and it recently tested $0.066 against the US Dollar.XLM price corrected lower, but it remained well bid above the $0.0600 support area.There is a major bullish trend line forming with support near $0.0600 on the 4-hours chart (data feed via Kraken).The pair could continue to rise above the $0.0660 and $0.0680 resistance levels.Stellar lumen price is trading with a bullish bias above $0.0600 against the US Dollar, similar to bitcoin. XLM is...

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