Most major cryptocurrencies are nearing stiff resistance levels, which can result in a few days of consolidation or a minor correction. The institutional investors have maintained their bullish stance on Bitcoin. Though the spot price is yet to hit $10,000, CME Bitcoin futures have already reached the five-figure mark. Additionally, the Bitcoin futures open interest […]
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Hot on the heels of surpassing the 500 million transaction milestone, Bitcoin daily confirmed transactions are soaring to levels not seen since September. Hot on the heels of surpassing the 500 million transaction milestone, Bitcoin (BTC)’s daily confirmed transactions (txs) are soaring too. The latest available data on Blockchain.com, for Feb. 6, indicates 315,370 daily […]
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Tezos (XTZ) has rallied more than 80% in 2020 and the altcoin continues to stun investors as the price marches higher in its USD and BTC pair. Since the start of the year Bitcoin (BTC) has gained approximately 41% and on Feb. 5 the crypto asset thrilled investors as the price broke through the $9,500 […]
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Bitcoin’s dominance continues to drop as altcoins outperform the largest cryptocurrency. Although Bitcoin has rallied about 33% year-to-date, its dominance has dipped to 64.40%, its lowest level since July 2019. This shows that altcoins have continued to outperform Bitcoin. However, with the Bitcoin halving fast approaching, the digital asset’s volatility is likely to pick up. […]
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Bitcoin price reverses course to break through key resistance levels as traders now set a path for $10K. Today Bitcoin (BTC) price pushed through the resistance at $9,400-$9,500, opening the gate for bulls to stampede to a new 2020 high at $9,745. Bitcoin daily price chart. Source: Coin360 On Feb. 4, BTC price traded slightly […]
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BitPay restores service to all Bitcoin wallets upon the request of merchants looking to drive mainstream adoption of cryptocurrencies. The leading provider of Bitcoin (BTC) and cryptocurrency payment services, BitPay, announced on Feb. 4 that the company will soon allow invoices to be paid from any Bitcoin wallet or exchange. BitPay CEO Stephen Pair told […]
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BitPay CEO says platform will add support for more cryptocurrencies, along with possible integration of the Lightning Network – will BitPay become the next PayPal? During an exclusive interview with Cointelegraph, BitPay CEO Stephen Pair said that the platform would soon add support for more cryptocurrencies, along with a possible Lighting Network integration. While Pair […]
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As the sentiment in the Bitcoin and cryptocurrency markets has turned positive, this dip should be viewed as a buying opportunity. The recovery in cryptocurrency prices has ignited interest among institutional investors. In 2019, dedicated crypto funds returned more than 16% according to Eurekahedge while traditional hedge fund strategies returned 10.4% according to Hedge Fund […]
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Ethereum co-founder Vitalik Buterin recently said BTC and BCH are not the same, although previous tweets show he is not against BCH outright. In a recent tweet, Ethereum network co-founder Vitalik Buterin said Bitcoin (BTC) and Bitcoin Cash (BCH) are not the same. “Bitcoin Cash is not Bitcoin,” Buterin said in a Feb 1 tweet […]
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The BTC/GBP pair declined by 3% as Brexit occurred and a case of coronavirus turned up in the United Kingdom. Bitcoin price (BTC) has been declining amid the recent coronavirus developments as today media reported that patients in the UK and Russia tested positive for the virus. The declining trend has been followed by major […]
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