Tag Archives: Bitcoin News

Bitcoin has taken another turn for the worse and is presently trading at approximately $6,160 at the time of writing.Bitcoin May Not Have a Good Year in 2020Both crypto ad stocks have fallen further after U.S. President Donald Trump warned that the first two weeks of April could be very difficult for Americans, bringing more coronavirus-related deaths and further damage to the country’s financial and economic infrastructures.But for the most part, this is still short-term damage. Everything...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 849. Heute sprechen wir über folgende Themen: Bitmex BTC Holding 25 Prozent gefallen, Mehr Privatsphäre auf dem XRP-Ledger & Schutz vor Inflation: Immobilien, Bitcoin oder Gold? 1.) BTC Held by BitMEX Fell 25% After Mass Liquidationshttps://cointelegraph.com/news/btc-held-by-bitmex-fell-25-after-mass-liquidations 2.) Mehr Privatsphäre auf dem...

Bitcoin has suffered its worst month since the “burst of the crypto bubble,” according to one source.Bitcoin Has Had a Hard MonthAt press time, the world’s number one cryptocurrency by market cap has fallen to about $6,450, which is about $250 less than where it stood just last Friday. During that time, bitcoin was giving enthusiasts hope as it rose in anticipation of the new $2 trillion economic stimulus package signed into law by U.S. President Donald Trump as a means of combatting negative...

The argument continues over whether bitcoin and stocks are correlated. Some say they are, while others say that the crypto industry follows a path all its own.So, Do Stocks and Bitcoin Follow Each Other?At the time of writing, the stock market (Dow Jones) has spiked another 100 points, while crypto, for the most part, remains somewhere in the middle. Over the last day or two, we’ve seen many digital assets incur small spikes, while others have taken a few steps back.Bitcoin, for example, was...

The bitcoin mining arena is being heavily impacted by the coronavirus. Among the biggest firms being hit is the Nasdaq-listed Riot Blockchain, which recently submitted a report explaining that the global pandemic is taking a massive toll on its operations.Riot Blockchain Is the Latest CasualtyIn the report, the mining firm explains two major factors under the headline “general risk” that it feels are particularly dangerous to its operations. For one thing, many workers have been forced to...

A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, XRP and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Cryptocurrencies are still correcting and volatility is reducing, so we may expect some good movements in the nearest future. As a rule, low volatility is often...

Bitcoin is believed to enter the miner capitulation stage, where hash rate and price drop significantly. However, some researchers claim that Bitcoin price is independent of the halving cycles, as well as of hash rate.Per TradingView general manager Pierce Crosby, the programmatic price limits have significant influence over the Bitcoin hash rate. The lower the price per coin, the lower the profits from block mining. Crosby believes that part of the network’s rigs will slow down, causing a...

Bitcoin price has been consolidating above $6,000 and below $6,800 in the past two weeks, as the stock market continues shedding. Toilet Paper Token, which is said to be sold out, rose by a whopping 1,123.97%Bitcoin has been trading at around $6,300 for the past few days. The crypto asset is experiencing a significant resistance at that level to breakthrough and trade above $7,000 level, where it began in January. As the coronavirus crisis continues pushing the market at large in a turf...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 848. Heute sprechen wir über folgende Themen: Bitcoin Nutzung sinkt – Kommt noch ein Dump – Binance will Coinmarketcap für 400 Millionen Dollar kaufen & Halving wird Miner zu BTC zwingen. 1.) Bitcoin Usage Tumbles As Price Volatility Kicks In Hard – Is A Gigantic Dip On The Horizon?https://zycrypto.com/bitcoin-usage-tumbles-as-price-volatility-kicks-in-hard-is-a-gigantic-dip-on-the-horizon/ 2.) Binance will...

Bitcoin price is currently struggling to clear the $6,500 and $6,600 resistance levels against the US Dollar.There are a few key supports forming, starting with $6,120 and $6,080.There is a key contracting triangle forming with resistance near $6,500 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct a few points, but it is likely to bounce back from $6,120 or $6,000.Bitcoin price is trading in a broad range above $6,000 against the US Dollar. BTC could...