Tag Archives: Bitcoin

Things are looking good for bitcoin from a technical standpoint.Technical Charts Suggest Positivity for BitcoinPer recent technical charts, the world’s number one cryptocurrency by market cap has surged past a crucial position – the same position it moved beyond last January to incur a serious price spike that saw the currency surge past the $10,000 mark in mid-February.Could this mean that the gloom and doom that’s been plaguing bitcoin over the past few weeks is about to come to an end?...

Bitcoin has climbed more than 15 percent over this last week, suggesting the currency hasn’t lost its strength or power as some might suggest.Is Bitcoin a Safe Haven After All?One of the big sentiments as of late is that bitcoin is being sold off in droves. That people are too worried about the economic conditions they’re facing and are looking to retain as much cash as possible. One of the ways of doing this is by selling all speculative assets to retain the money they need to survive and...

There has been a wide array of opinions about what bitcoin is doing throughout this pandemic. Some say it’s going to go up, while some say the downward spiral it’s been on for the past month is going to last until May’s halving.What Will Happen to Bitcoin in the Coming Days?One of the big opinions as of late is that bitcoin is the subject of a mass selloff – at least it was up until earlier this week. That explains why the world’s number one cryptocurrency by market cap fell into oblivion...

At the time of writing, the privacy-focused cryptocurrency Monero is allegedly outperforming bitcoin, the world’s number one cryptocurrency by market cap.Monero Is Up, Up and Away!Monero is only the world’s 12th largest digital asset, though it is easily today’s biggest gainer, having surged by more than seven percent in just the last 24 hours alone. It is currently trading for just shy of $54, according to Messari.io.Monero is a very controversial coin in that it offers people far more...

Bitcoin mining has taken a real hit over the past month. Thanks to the coronavirus pandemic, the mining sector has experienced a huge fall in activity due to a bitcoin selloff and lagging rewards.Bitcoin Mining in Serious TroubleMany bitcoin mining firms are now looking at the situation differently. They figure they can still make a profit granted they work with people’s present situations. Thus, several are looking to sell bitcoin mining equipment at a discount. This way, they can earn...

Bitcoin has been dropping on a relatively consistent basis over the past month, and yet 2020 is still the year for mega predictions.Will Bitcoin Reach Its All-Time High in a Few Months?The co-founder of Morgan Creek – Jason Williams – is claiming that bitcoin will once again reach its all-time high of $20,000 this coming September. Normally, news like this wouldn’t strike people much, but considering the circumstances the crypto space and markets in general are now facing, this is a very bold...

Bitcoin IRA, a company that allows people to add cryptocurrencies like bitcoin, Ethereum and bitcoin cash to their retirement portfolios, has announced that it is adding physical gold to its list of buyable and tradeable assets.Bitcoin IRA Gives Gold to Its CustomersGold has been at the center of much controversy as of late. Many considered bitcoin a version of “digital gold” in that it is widely looked at as a potential “safe haven” asset – something that will potentially allow buyers and...

Well, it looks like bitcoin has impressed us all again. After spending the last few days in the mid-$6,000 range (around $6,450), the world’s number one cryptocurrency has set its sights on higher ground, spiking by roughly $400 over the past 24 hours to trade at just under $6,900.Bitcoin Never Ceases to Amaze UsMany were thinking that luck had potentially run out for the currency. That the recent drops it had incurred were too much for it to handle, and that things were in no way going to...

Hype Bank – a small financial startup in Italy – is making it easy for the country’s residents to get their hands on bitcoin during the coronavirus outbreak.Hype Bank Brings BTC to Residents of ItalyItaly has been hit hard by the ongoing pandemic, with death and infection rates now comparable to those in China. It is arguably the hardest hit region of Europe. The country is now warning of a hardcore recession, and many may find it hard to garner the funds they’ll need to ensure their survival...

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...