Tag Archives: Bitcoin News

Tim Draper is at it again with his wild bitcoin predictions, and we can’t help but love him for it, but it seems like he’s resorting back to previous thoughts, and we can’t help but wonder what happened to the newfound confidence he appeared to be displaying when 2019 vanished.Why Is Tim Draper Backtracking?At the end of last year, Draper confidently stated that he thought bitcoin would potentially reach $250,000 by the time 2020 was over. That gave bitcoin just over a year to spike by nearly...

A Chinese city known as Ya’an is asking all its bitcoin and crypto miners to use up all its excess hydropower.Ya’an: Use Up Our Water!Ya’an is known as being one of the biggest bitcoin mining hubs in the country of China. It has recently put out a notice telling all crypto miners that there is a surplus of hydroelectrical power, and it wants to see it used up before the summer, which is typically a very rainy season for those living in the area. The rain will provide more water to be utilized...

The good news has arrived, folks. Bitcoin – the number one cryptocurrency by market cap – has broken $7,700 in what looks like a continuation of its recent bullish behavior.Bitcoin Has Shot Up By $200The good news is that the currency is consistently rising and experiencing what appear to be daily spikes. Bitcoin has jumped from $7,500 to about $200 higher since late last week. Everything has been pumping as of late, with assets like Ethereum breaking $190 for the first time in months and...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 871. Heute sprechen wir über folgende Themen: Ich brauche deine Hilfe, Bitcoin Mining Boom in China & Tron (TRX) DApps werden Teil von Samsungs Galaxy Store 1.) Ein besonderer Tag – Der 40. Geburtstag meiner Frau. Hast Du Lust sie zu überraschen? Schicke ein kleines Geschenk:BTC: 3EJmrbVJZnTwXuoKcv1CMaLUz4yfzBGgKjETH: 0x27fc92400556d9e67259708a8667c90c25a98bd9 2.) Bitcoin Mining Boom in China? – Regierung...

Bitcoin price started a fresh increase and traded above the $7,655 resistance against the US Dollar.It is currently preparing for a sharp rally above the $8,000 resistance area.There was a break above a key ascending channel with resistance near $7,820 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct in the short term, but it is likely to find support near $7,655.Bitcoin price is gaining bullish momentum above $7,655 and $7,700 against the US Dollar....

Microsoft and cryptocurrency have developed a strong relationship over the years, but its latest maneuver is likely to make many crypto fans raise their eyebrows in a state of confusion and concern.Microsoft to Unveil New Mining Technology – Through Your Brain?The computer and software giant has recently unveiled a new patent application for technology that’s in development. This technology is designed to monitor bodily functions – like your brain activity – to mine cryptocurrency.How would...

The bitcoin halving scheduled for this coming May is likely to give rise to a new bout of crypto millionaires, analysts claim.Will the Halving Make Hodlers Rich?Over the years, bitcoin has earned a reputation for boosting one’s wealth. At the same time, its volatility has also struck fear into the hearts of traders everywhere. It’s just as easy to become extremely rich with crypto as it is to become broke. Your crypto has as much chance of going up as it does of disappearing overnight.But...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 870. Heute sprechen wir über folgende Themen: Binance startet eigenen Bitcoin Mining Pool, Institutionen zeigen grosses Interesse an Ethereum & Bitfinex startet Social Trading Plattform Pulse. 1.) Bitcoin Mining Pools mit neuem Player – Binance startet mit eigenem Poolhttps://cryptomonday.de/bitcoin-mining-pools-mit-neuem-player-binance-startet-mit-eigenem-pool/ 2.) Grayscale Daten zeigen, dass Institutionen...

Everybody keeps making such a big deal about how volatile bitcoin has been this year, but the fact is that it’s held up quite well in comparison to many other assets and commodities… including oil.Bitcoin Is Stronger Than Oil Right NowAs we all remember, oil experienced a serious drop last Monday. An expiring futures contract went negative and brought oil prices down below zero for the first time in the industry’s history. This was made even more drastic in the sense that many traders appear...

No doubt, bitcoin has had a very up-and-down year. It initially began in the low $7,000 range – where it ended 2019 – before falling into a high $6,000 position.Bitcoin Is Going to Hit It BigFrom there, political tension between the U.S. and Iran brought the currency to $7,000 all over again, and the currency continued to spike from there. It wasn’t until the coronavirus pandemic struck every global market in early March that the currency began exhibiting bearish behavior. It struck the...