Bitcoin (BTC), the world’s number one cryptocurrency by market cap, is exploding at the time of writing, and has shot up past the $8,800 mark.Bitcoin Is Heading for Bigger and Better HeightsThis, by itself, is a vast improvement over where the asset stood yesterday morning, which was $8,500. That means that bitcoin has improved by well over $300 in less than a day. Perhaps people like Sonny Singh of Bit Pay, Tim Draper, Ross Ulbricht and Charles Hoskinson all had a point to their...
Read More »Bitcoin SV’s Craig Wright Bites Back: “I Gave Kleiman Lawyers Nothing”
Bitcoin SV creator says Kleiman estate will find nothing in the 16,000-plus document cache he submitted to courts on Jan. 14. Court filing confirms that no new information came to light regarding a bonded courier, or the private keys to Satoshi’s fortune. Wright said 2020 would be the year when reality comes back to bite those who pushed the ‘Aussie Man Bad’ narrative. Creator of Bitcoin SV, Craig S Wright, revealed to CCN that the Kleiman estate will get nothing,...
Read More »Huobi Sees $79 Million Positive Daily Inflows Amid Turbulent Bitcoin Price Movements
During yesterday’s turbulent price movements, most cryptocurrency exchanges recorded notable 24-hour Bitcoin on-chain flows. The Chinese-based Huobi stands above all in terms of inflow with $157M and only $78M out.Huobi’s Impressive 24H InflowsThe popular monitoring resource, TokenAnalyst, examined the 24-hour Bitcoin on-chain inflows and outflows of eight of the most popular cryptocurrency exchanges. According to the report, Huobi’s inflow outperforms dramatically every other exchange and is...
Read More »Calvin Ayre’s Clever Market Triggers Could’ve Sparked Bitcoin SV Pump
The Bitcoin SV pump has caught many crypto investors by surprise. A Twitter user has been following BSV’s price action and has a theory as to why the price of the bitcoin hard fork suddenly spiked. If market manipulation is truly the cause of the surge, investors should take caution as a massive dump is possibly on the horizon. While bitcoin maximalists are excited about the king of cryptocurrency’s over 24 percent pump, one bitcoin hard fork is leaving nearly...
Read More »Could 2020 Be the Year Banks Finally Embrace Blockchain?
Blockchain has been a buzzword for some time, evoking a sense of mystery and magic for tech enthusiasts – or just plain confusion for the average Joe.Despite the hype, it’s also received a fair amount of criticism – largely from those in the mainstream financial world who, due to their skepticism of cryptocurrency such as Bitcoin, have gone to bash its underlying technology.Blockchain technology has also received flak from those who say it is too complicated to implement. And then there are...
Read More »Bitcoin Flippening: BCH Overtaken By ‘Satoshi’s Vision’ BSV
Bitcoin battle becomes three-way shootout as BSV replaces BCH as fourth-largest capped cryptocurrency. BSV has been on a tear all week – seven-day gains stand at 286%. But is there any substance behind BSV’s market growth? A Bitcoin flippening was witnessed for the first time this week as Bitcoin Cash (BCH) was replaced by Bitcoin SV (BSV) as the world’s fourth-largest capped cryptocurrency. The BSV Flippening BSV gained over 100% on Tuesday alone, eventually topping...
Read More »Bitcoin and Altcoins Pumping Together; Is This 2017 All Over Again?
Tuesday’s across the board pump got many retail crypto investors excited. The strong rally coupled with volatility reminded several analysts of the 2017 crypto bull market. While the pump can make you feel excited, it’s important to note that bitcoin and other large cap coins may succumb to profit-taking soon. The jaw of the crypto community dropped on Tuesday. Bitcoin along with nearly every other crypto generated a pump that has not been seen for quite some time....
Read More »Crypto Price Analysis January 15: BTC, ETH, EOS, XRP, BSV
Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.The market may be returning to an uptrend. The Bitcoin demonstrates confident growth, executing a reversal pattern. The aim of the growth may be the area near $12400. Other coins are also trying to rise. The leader here is the Bitcoin SV that has escaped a flat. As a rule, at such moments the...
Read More »DASH Surges 80% In Two Days Following Major Market Movements: DASH Price Analysis
DASH sees an epic 46% price surge over the past 24 hours, bringing the price for the coin up to $120.Against BTC, DASH has rocketed above 0.01 BTC and climbed much higher toward 0.013 BTC.DASH has now increased by a total of 183% over the past fortnight, allowing the cryptocurrency to rise into the 12th ranked position.Key Support & Resistance LevelsDASH/USDSupport: $113, $107, and $100.Resistance: $124, $140, and $147.DASH/BTC:Support: 0.0131 BTC, 0.0117 BTC, and 0.01 BTC.Resistance:...
Read More »2020 Optimism: Bitcoin To Record New All-Time High This Year, The Majority Thinks
The majority of voters in a recent poll think that Bitcoin will surpass its all-time high of $20,000 in 2020. This comes just one day after an impressive price surge of almost 8%, confirming the generally positive sentiment in the community.2020 – A New BTC ATH?The cryptocurrency market experienced a serious price increase yesterday, as the total market cap surged by nearly 10%. Bitcoin was among the leaders in the move, recording a 7.5% gain throughout the day that took it from $8,100 to...
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