Bitcoin (BTC)

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Tech analysis of BTC/USDBitcoins worth 313 million USD were withdrawn through Bittrex.The SIX platform has added a derivative on the BTCOn W1, the Bitcoin continues the descending tendency inside the previous channel and has already reached 61.8% fibo. The next downside target may be 76.0% fibo at $5710.00 and the long-term low at $3121.90. the resistance is close to 38.2% fibo at $9760.00.On the MACD and Stochastic, the MACD histogram remains...

Nowadays, everyone knows what Bitcoin is. In fact, more and more people learn about cryptocurrencies overall – and not only about the biggest one out there. As a result, many individuals want to take advantage of this new type of currency.Even if cryptocurrencies have been here for a while, people only now understand how beneficial they can be to their finances, especially in terms of trading. Therefore, they started looking for forex brokers that trade in Bitcoin as well.However, there are a...

FeaturedCryptocurrency trading has gone a long way in the past few years. As Bitcoin and other major altcoins gained serious traction following their parabolic bull run at the end of 2017, more and more cryptocurrency exchanges started to pop up.This made the life of traders easier. Different solutions are coming up, and all of them provide various solutions, catering to the needs of both novice and advanced users.3C Exchange brings forward an exciting trading interface that also allows the...

Yesterday, December 4, turned out to be a very interesting day for Bitcoin as the network broke a new record and hit its biggest hourly USD transaction volume in all of Bitcoin’s existence. An increase in the volume of transactions on any network is usually regarded as a big deal because more often than not, it shows that there is some progress with adoption. However, this case is very different.The news was made known in a tweet by Rafael Schultze-Kraft, the cofounder of on-chain market...

While many continue to focus on Bitcoin’s price, its network has set a new record in its hourly USD transaction volume, recent data reveals. For the first time in history, the network processed a total of $8.9 billion in on-chain transactions in a single hour on Dec 4th, a sign of a significant improvement of the blockchain.In the last two years, Bitcoin’s daily transaction volumes have seen massive growth, increasing from a mere $200 million in 2017 to more than five times the number at the...

With fewer people making transactions using cash these days, there are now a number of ways to purchase goods or services online. Bitcoin is one of the most popular methods of digital payments and there are plenty of advantages when it comes to using this peer-to-peer payment process.Easy Set-Up and Zero PaperworkUnlike standard currency, there are very few limitations surrounding the ownership of Bitcoin. It is perfectly legal to download and set up the online wallet program on a phone,...

As the crypto markets continue to move on a roller coaster, it seems like adoption is growing steadily. A group of eight former Morgan Stanley core developers announced the launch of Phemex. Phemex is a ‘high-speed’ cryptocurrency derivatives platform that is well-designed for the retail and institutional investors. The new firm is based in Singapore.In a December 4 press release, the former Morgan Stanley developers came with big claims that the platform is ten times faster than the...

Die Investment Plattform eToro hat schon vor einiger Zeit sein Angebot um eine Blockchain-Funktion erweitert. Unter dem Namen eToroX ist eine Börse entstanden, die nun auch EOS in sein Angebot aufgenommen hat. Seit gestern können einige der wichtigsten Währungspaare gehandelt werden.Crypto News: EOS jetzt auf eToro Exchange verfügbarSowohl gegen Fiat-Währungen als auch gegen Altcoins kann der EOS-Token getradet werden. Und damit bietet eToroX nun schon fünf der führenden Cryptocoins des...

The largest cryptocurrency, Bitcoin, went through a sudden flash crash on the world’s most popular platform, Binance. The price lost a tremendous chunk of its value, going down to as low as $680 in an instant. It happened with the BTC/USDS trading pair, and it allowed those who had placed low orders to have them filled during the recovery, which came just as quickly.Bitcoin At $680 In A Flash CrashVolatility in the cryptocurrency market is not something unexpected. Just on the contrary – it’s...

EOS price is struggling to continue above the $2.750 and $2.820 resistances against the US Dollar.There is a decent support forming near the $2.500 and $2.535 support levels.There are two major bearish trend lines in place with resistance near $2.750 and $2.820 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could only start a strong upward move once it settles above the $2.850 level.EOS price is facing a lot of hurdles for a bullish wave against the US Dollar and...