Ethereum price started a major decline after it failed to clear the $220 resistance against the US Dollar.ETH price declined sharply below the $200 and $198 support levels.There was a break below a key contracting triangle with support near $200 on the 4-hours chart (data feed from Coinbase).The pair is currently consolidating losses and likely to face resistance near $192 and $198.Ethereum price is back in a bearish zone below $200 against the US Dollar. ETH/USD is likely to continue lower...
Read More »#879 Letzter Bitcoin Block vor Halving mit Nachricht & BTC Halving zeigt starke Daten
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 879. Heute sprechen wir über folgende Themen: Letzter Bitcoin Block vor dem Halving enthält Nachricht & Bitcoin durchläuft drittes Halving mit starken Fundamentaldaten. 1.) Final Block Mined Before Halving Contained Reminder of BTC’s Originshttps://cointelegraph.com/news/final-block-mined-before-halving-contained-reminder-of-btcs-origins 2.) Bitcoin Exits Third Ever Halving Event with Incredibly Strong...
Read More »Bitcoin Halving Block Reveals Secret Message Concerning The 2020 Financial Crisis
The Bitcoin halving just took place, and the final block revealed a secret message which harkens back to Bitcoin’s genesis block. The last block mined before Bitcoin’s block reward was cut in half contained the following message in its coinbase:“NYTimes 09/Apr/2020 With $2.3T Injection, Fed’s Plan Far Exceeds 2008 Rescue.”The message is a direct reference to the message included by anonymous Bitcoin creator Satoshi Nakamoto in the first block ever mined, the Genesis block:Satoshi’s first...
Read More »Coinbase Experiences Its Second Temporary Shutdown in Two Weeks
The bitcoin crash that occurred roughly 24 hours ago has caused Coinbase – a popular cryptocurrency exchange – to experience a brief period of inactivity before finally restoring its services later in the day.Coinbase Crashes for the Second Time in WeeksThis marks the second time the trading platform has crashed in the last two weeks. The first occurred when bitcoin first rose into the high $9,000 range and gained virtually $1,000 overnight. At that time, the exchange was experiencing such...
Read More »The 2020 Bitcoin Halving Is Finally Here As Block Number 630,000 Mined
The most anticipated event in the cryptocurrency community has finally occurred as the Bitcoin network just produced block number 630,000.The Bitcoin halving will reduce the daily supply, the inflation rate, and the block rewards for miners. It has also raised serious discussions around the price of BTC.2020 Halving CompletedAfter months of increased discussions and speculation, the third-ever Bitcoin halving just took place at block number 630,000.Naturally, it brings a significant amount of...
Read More »Open Node Allows Employers to Pay Workers in BTC
Bitcoin service provider Open Node in Los Angeles is unveiling a new feature that will allow employers to pay their workers in bitcoin.Open Node Allows Employee BTC PaymentsThe fact that there would even be demand for such a service suggests that perhaps bitcoin is indeed drawing closer to mainstream territory. Traditionally, paychecks are provided in fiat currency, whether it be USD, yen, or euro payments, but to give people what they’ve earned from their jobs in crypto is bound to make...
Read More »Bitcoin Crashes, Loses More Than $1,000 Overnight
Well, well… Did anybody see this coming? After spending the last few weeks in extremely bullish territory, the world’s number one cryptocurrency by market cap – bitcoin – has decided to shed more than $1,000 in a single night.Why Did Bitcoin Crash?This is the exact opposite of last week when the currency decided to gain that much within a 24-hour span. The currency shocked the entire market and decided to spike from the high $8,000 range to the high $9,000 range, adding close to $1,000 to its...
Read More »51% Attack And Higher Transaction Fees: What Are The Risks Post Bitcoin Halving 2020?
The real buzz in the cryptocurrency industry right now is about the long-awaited Bitcoin third halving, which is only a few hours away. Expectedly, results in Google Trend show an increasing interest in the topic.Bitcoin 2020 Halving In HoursEveryone, including critics, is alert as the Bitcoin miners move closer to block 630,000, where the mining reward is scheduled to half from 12.5 BTC to 6.25 BTC. At the time of this writing, the current block is 629967, meaning there are less than 35...
Read More »Chainlink Price Analysis: LINK Consolidates Around $3,70 But Bulls May Be Plotting a Big Move
Link looks indecisive after witnessing a 1.92% loss over the past few hours.The price is trapped in a channel as the bullish trend remain valid across trading pairs.Chainlink continues to hold key demand level at $3.47 after a series of rejections.LINK/USD: Chainlink Is Trapped In a Tight RangeKey Resistance Levels: $4, $4.26, $4.5Key Support Levels: $3.47, $3, $2.63LINK/USD. Source: TradingViewWhile most top altcoins dropped below their immediate supports following the recent fall in...
Read More »Ethereum Price Analysis: Long-Term Support Reached, But ETH In Danger After Losing The $200 Mark
Ethereum saw a sharp decline over the weekend, which caused it to slip beneath $200 and reach $187.The cryptocurrency managed to find strong support at a rising trend line.Against Bitcoin, Ethereum is battling to hold above the 0.021 BTC level.Key Support & Resistance LevelsETH/USD:Support: $180, $175, $170.Resistance: $190, $200, $211.ETH/BTC:Support: 0.021 BTC, 0.0208 BTC, 0.02 BTC.Resistance: 0.022 BTC, 0.0225 BTC, 0.023 BTC.ETH/USD: Ethereum Rebounds From Rising Trend LineEthereum saw...
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