Bitcoin rose more than 15 percent in one day. The behavior, while very much welcome, is also quite odd, and many analysts are wondering what could have caused the world’s number one digital currency by market cap to experience such a massive surge so quickly.Bitcoin Is Back in Bullish HandsWhile the asset is presently trading for as a much as $8,800 – a price that is certainly solid in most traders’ eyes considering just 1.5 months ago, the currency was trading in the high $3,000 range –...
Read More »Bitcoin Drops $600 Following Massive Selloff
Bitcoin is currently trading for over $8,800, but during yesterday’s early morning hours, the currency ultimately spiked beyond $9,000 for the first time in well over two months. Now that bitcoin has fallen somewhat, analysts are trying to figure out what may have happened.Bitcoin Has Taken a FallThe sentiment is that a massive selloff occurred once bitcoin reached this point. It’s an unfortunate fact to consider; the idea that bitcoin gains a bit of momentum and all anybody can think to do...
Read More »Bitcoin Is Causing the Entire Crypto Space to Expand
The cryptocurrency space has added a whopping $35 billion to its overall market cap thanks, in part, to bitcoin surging well beyond the $8,000 mark.The Crypto Market Owes Its Gains to BitcoinWhat’s even more impressive is that during yesterday’s early morning hours, the number one cryptocurrency by market cap surged into the low $9,000 range, which means that its present price is something of a correction or a “settling” at something lesser. Still, the market is in extraordinary shape...
Read More »BTC Is Moving Up; People Are “Blaming” the Halving
The halving is set to occur in the next 11 days, and bitcoin analysts and enthusiasts are waiting with bated breath. They’re excited and eager to see what’s going to happen with the world’s number one cryptocurrency by market cap.The Bitcoin Halving Is Setting the StageDanny Scott – co founder and chief executive of crypto exchange Coin Corner – explained in an interview on Thursday:Coming up in 12 days is the bitcoin halving – which in short cuts the supply of bitcoins coming into...
Read More »Bitcoin Inches Even Closer to Five-Figure Range
At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – is continuing its bullish behavior and getting even closer to the $10,000 mark it enjoyed last February. At press time, the asset is trading for a whopping $8,850, though it briefly sailed past the $9,000 mark early yesterday morning.Bitcoin Is Getting Bigger and BiggerThe currency is setting new boundaries for itself after the U.S. has agreed to several new aid packages for both workers and businesses...
Read More »Stellar Lumens Has Jumped More Than 70%
The cryptocurrency arena has been hit hard by the coronavirus pandemic over the past few weeks, but it seems to be coming back in full force. Currencies like Stellar Lumens (XLM) appear to have regained much of their March losses.Stellar Is Surging Like Nobody’s BusinessEarlier today, Live Bitcoin News reported that BTC – the world’s number one cryptocurrency by market cap – had surged past the $8,000 range for the first time in nearly two months. The currency is easily leading the market’s...
Read More »Bitcoin Shoots Past $8,000
Holy mackerel! Bitcoin has fired past the $8,000 mark! What has happened? Not that we’re complaining, but this is a massive gain for a currency that was misfiring heavily up until a few weeks ago!Bitcoin Has Surged Past $8,000Just yesterday, the currency was trading for about $7,700. This, itself, was a massive jump from where the currency was prior. Bitcoin has been struggling since early March. The currency was trading for well over $10,000 in mid-February, but ultimately fell into the high...
Read More »#872 Facebook Libra bündelt Kräfte, Krypto Überwachung nimmt zu & Binance Allzeithoch Tradingvolumen
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 872. Heute sprechen wir über folgende Themen: Facebook Libra bündelt Kräfte, Überwachung nimmt durch Regulierung zu & Binance erreicht Allzeithoch beim Tradingvolumen. 1.) Libra-Vorbereitung: Facebook bündelt Kräftehttps://www.btc-echo.de/libra-vorbereitung-facebook-buendelt-kraefte/ 2.) Dove Wallet kündigt Partnerschaft mit Chainalysis an – Überwachung nimmt durch Regulierung...
Read More »Tim Draper Backtracks On His 2020 BTC Prediction
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...
Read More »Ya’an Has Too Much Hydroelectricity; Offers It to BTC Miners
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...
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