Bitcoin has had something of a shaky start in 2020, but the currency has managed to remain above the $7,000 line, which is always a good thing.Bitcoin Trading Volume Isn’t High EnoughAccording to one source, however, cryptocurrency enthusiasts and analysts are focusing too much on the movement of the price and not enough on the daily doings that occur behind closed doors. It points out that bitcoin volumes are as low as they were in April of last year, which could lead to an increase in...
Read More »Week in Review: The Bitcoin Price Has Experienced Ups and Downs
At the time of writing, bitcoin – the number one cryptocurrency by market cap – is trading above $7,400, which is the highest it’s been in the new year and the highest it’s been in a while.Things Are Both Shaky and Stable for BitcoinTo say things have gotten off to a rocky start for bitcoin in 2020 would be a bit of an understatement. While the currency did begin above $7,000, enthusiasts and traders everywhere got a bit of a scare when two days later, the currency fell into the $6,000 range...
Read More »Bitcoin Price Analysis: BTC Reaches 14-Days High, But The Real Test Hadn’t Started Yet
So far, the new decade is in favor of Bitcoin’s Bulls. Following the break-out from two days ago, the price finally managed to get over the $7300 – $7400 resistance area, while setting a new 2-week high at $7600 (Bitstamp), as of writing these lines.While the global stock markets are seeing heavy red, Bitcoin is enjoying the war talks between the US and Iran, following the death of General Soleimani by the US.As can be seen on the following 4-hour chart, over the past days Bitcoin had been...
Read More »U.S.-Iranian Conflict Leads to Bitcoin and Gold Price Growth, Says Mike Novogratz
Recently, the crypto community has been observing the rapid growth of Bitcoin prices. Besides, gold is also enjoying a price increase. As Galaxy Digital CEO and founder Mike Novogratz believes, this good performance is a result of the U.S.-Iranian conflict. At the very beginning of 2020, the U.S.-Iranian conflict escalated. As a result, fears of a new war raised. The current political uncertainty has led to Bitcoin surging by more than five percent several hours after the U.S. airstrike...
Read More »Turkey’s Capital Markets Board Will Put Pressure on Bitcoin
The issue of regulation for Bitcoin in Turkey is believed to be just a matter of time. Turkish regulators, the Capital Markets Board, want to take a deep look into what cryptocurrency exchanges are doing. The risks of regulating this industry are big, but the government will try to control everything. Despite the cash is as useful among criminals as cryptocurrencies, the regulators want to impose hardcore checks on crypto transactions taking place in Turkey.Considering the anonymous nature of...
Read More »Bitcoin Halving: Bulls Back to Restore Momentum to $7,600 Price Level
The number one digital coin in the world, Bitcoin, is consolidating with the latest price increase past the $7,500 level as we approach the key barrier level of $7,600. Currently, Bitcoin is trading above the price level of $7,500 mark, with a further breakthrough above the last critical barrier that could be challenged near the $7,600 area. After this the coin will accelerate its bullish momentum as soon as the aforementioned resistance becomes clear. All eyes remain on the threshold of...
Read More »Stellar Lumen (XLM) Price Approaching Crucial Bullish Break
Stellar lumen price is slowly rising and trading above the $0.0450 resistance against the US Dollar.XLM price might continue to rise if it surpasses the $0.0475 and $0.0500 resistance levels.There is a major bearish trend line forming with resistance near $0.0464 on the 4-hours chart (data feed via Kraken).The pair might decline again if it struggles to surpass the $0.0465 and $0.0475 resistance levels.Stellar lumen price is approaching a few key hurdles against the US Dollar, while bitcoin...
Read More »ChainSecurity: ETH spin-off is taken over by PwC Switzerland
Core founders team (from left to right): Prof. Martin Vechev (leads the Secure, Reliable, and Intelligent Systems Lab at the Department of Computer Science, ETH Zurich), Matthias Egli (MSc ETH Zurich), Dr. Hubert Ritzdorf (PhD ETH Zurich), and Dr. Petar Tsankov (PhD ETH Zurich, senior researcher at the Secure, Reliable, and Intelligent Systems Lab). The team from ChainSecurity AG, an ETH spin-off from the Department of Computer Science,...
Read More »How to Passively Earn +1825% per Year: Tips from Bitsmax CEO
Investing in something up-and-coming is the most popular way to get passive earnings. But it is important to know where to invest and how to allocate your funds. David Harding, CEO of crypto trading company Bitsmax, believes it is possible to passively earn +1825% per year. And his prove, provided in this article, is quite solid to believe.Firstly, David Harding is highly optimistic about cryptos and their role in modern society. Admitting their complexity, especially for newbies, he points...
Read More »Ripple Price Analysis: XRP Approaching Significant Resistance
Ripple price is slowly rising and trading above the $0.1925 resistance against the US dollar.The price is likely to rise steadily above the $0.1950 and $0.1980 resistance levels.There was a break above a major bearish trend line with resistance near $0.1932 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is approaching a crucial resistance near $0.2000, above which there could be sharp gains.Ripple price is showing positive signs above $0.1900 against the US...
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