Tag Archives: btcusdt

Bitcoin’s price has been recovering steadily since the crash in mid-March. With it, most of the altcoins are also growing, charting notable increases altogether. However, BTC is also taking over the market as its dominance has been going up continuously.Bitcoin Dominance Highest Since January 2020Bitcoin’s dominance is the index that measures the cryptocurrency’s relative share of the entire market. At the time of this writing, it stands at 66.02%, and it hasn’t been higher than this since...

Prominent American economist and well-known Bitcoin critic, Peter Schiff, believes that the price of the asset will drop following the upcoming halving. He reasoned that the demand will fall after the event, which will result in a bearish BTC future.Schiff Predicts A Price Drop For BTC (Again)As Cryptopotato reported recently, the primary cryptocurrency is outperforming gold in terms of yearly gains. Although both assets have marked increases in 2020, BTC is up by 23%, while the precious...

Over the past two days, Bitcoin price seems to be consolidated in a triangle pattern, as can be seen below on the following shorter timeframe chart (the 4-hour).The symmetrical triangle consolidates around the $9000 benchmark, where its apex is anticipated somewhere in the next day. However, as we learned before, Bitcoin might break of the pattern even before reaching the apex.Overall, there is an ongoing ‘fight’ between the buyers and the sellers that will get even more exciting as we are...

Some of the most popular cryptocurrency-related channels on YouTube indicated that the giant video platform is shadowbanning Bitcoin videos. Several YouTubers complained that the new practice began two days ago, which coincides with a recent core update from Google.YouTube Reportedly Shadowbanning Bitcoin VideosThe most widely used video-sharing platform has a continuous quarrel with cryptocurrency content creators. The so-called “Crypto Purge” popped initially late 2019, when YouTube began...

New-York based crypto lending startup BlockFi has hired two traditional finance executives in a move to expand both its institutional and consumer-facing products. The company, which announced a $30 million funding round in February, on Tuesday, revealed Wittney Rachlin as its new chief growth officer, and David Olsson is its global managing director.Olsson To Lead BlockFi’s Pushing To Win More Business In EuropeIn the announcement regarding its $30 million funding, the company said it had a...

Polls surveying over 15,000 people suggest that the majority believe Bitcoin’s price is likely to dump as the halving happens and skyrocket later on. This coincides with the behavior of the cryptocurrency following the previous halvings.Mooning Postponed, Bitcoin Will Dump At HalvingA few well-known members of the cryptocurrency community recently initiated polls to see what do users think will happen to Bitcoin’s price at and after the upcoming halving.The first poll cited the halvings of...

A new analysis implies an inverse correlation between the price of Bitcoin and the total supply of USDT on cryptocurrency exchanges. According to it, the declining amount of Tether sitting on exchanges could soon propel another increase in BTC’s price.Bitcoin’s Price Related To USDT On Exchanges?New data compiled by the cryptocurrency monitoring company, Santiment, relates the movement of Bitcoin’s price over the past three months to the total supply of USDT on exchanges.BTC Price/USDT On...

A new post published on May 4th on Medium details in-depth Craig Wright’s alleged plagiarization of his PhD thesis. Wright was originally awarded his PhD by Charles Sturt University in 2017, many years after the publishing of the Bitcoin whitepaper in 2008.His thesis is titled The Quantification of Information Systems Risk: A Look at Quantitative Responses to Information Security Issues. Community members speculate that if the plagiarism accusations gain ground, they could prompt the academic...

Days before the third-ever Bitcoin halving, the interest towards the primary cryptocurrency has surged, according to Google trends. The phrase “buy Bitcoin” is getting very close to the previous two-year high levels of June 2019’s bull-run and the March 12 dump of this year.Buy Bitcoin Search Volume IncreasesSignificant attention is heading Bitcoin’s way, as can be seen on Google trends. “Buy Bitcoin” searches have increased to the highest point since April 2018.Buy Bitcoin Google Searches...

After reaching over $9400 a few days ago, the Bitcoin price corrected down to the Golden Fibonacci level at $8400, and since then, BTC is trading mostly around the $8600 price range.As can be seen on the following 4-hour chart, there is a lower highs trajectory on the short-term timeframe, getting closer to the crucial $8400 support, which is the low from Thursday, the correction after the huge Wednesday’s rally.The Weekly Timeframe Since 2015This is an excellent opportunity to look at the...