Bitcoin appears to find support at around $8,250 while it continues to test $9,000 USD. If it breaks through that barrier then it may rocket back up to the $10k mark. Historically it has faced resistance at around $10,200, and at around $10,500 back in February 2020. If it surpasses that level, then it may […]
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There are many halving predictions yet to come true — among them Satoshi claimant Dr Craig Wright’s ‘long term advance notice’ from 2018 that he would crash the Bitcoin price. There are many halving predictions yet to come true — among them Satoshi claimant Dr Craig Wright’s ‘long term advance notice’ from 2018 that he […]
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Metal Pay, with its new mainnet blockchain Proton, makes different banks and payment platforms compatible with each other, as well as the digital asset world. Proton, a new delegated proof-of-stake blockchain from crypto payment solution Metal Pay, allows digital asset and fund transfers across multiple channels. “It’s a Blockchain that’s integrated into your bank,” Metal […]
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Bitcon’s implied volatility dropped sharply after the halving but what does this mean for BTC investors? Recent data from Skew shows that Bitcoin’s (BTC) implied volatility plummeted after yesterday’s halving occurred. Generally, volatility is at the heart of any professional trader as it measures daily average price oscillations and gives insight into market conditions. As […]
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A report indicates that despite concerns over mining after the halving, the health of the Bitcoin network remains excellent. A recent report from Glassnode indicates that Bitcoin (BTC) network health is close to its maximum despite the recent halving of miner rewards. On-chain BTC Index The company has recently introduced its on-chain BTC Index (GNI) […]
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A new Chinese mining pool swiftly takes 5% of the Bitcoin mining pie, while its origins remain unknown. New China-based mining pool Lubian accounts for 5.15% of the total Bitcoin (BTC) hash rate, just three weeks after processing its first block. The pool was originally spotted by BlockBeats, a Chinese blockchain news outlet, on May […]
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Monday may have been uneventful for Bitcoin’s price, but it was a historic moment nonetheless. Bitcoin’s (BTC) third block halving has finally taken place. The year’s most talked-about crypto event happened at 3:23 p.m. EST on Monday, May 11, as block number 630,000 was successfully mined. The Bitcoin block reward has now gone down from […]
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Smoother conditions follow Bitcoin’s third block subsidy halving on Monday, but anticipation is building as fiat continues to wane. Bitcoin (BTC) was fighting for $9,000 support on May 12 as more public praise surfaced amid continued dismal conditions for the world economy. Cryptocurrency market daily overview. Source: Coin360 BTC price unmoved by halving Data from […]
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Anthony Pompliano argued that government stimulus measures will drive the adoption of alternative stores of value and non-correlated assets at Consensus. Anthony “Pomp” Pompliano, the co-founder of Morgan Creek Digital, argued that the United States government’s response to the COVID-19 lockdown will drive new users to adopt cryptocurrencies. During a discussion with Binance CEO Changpeng Zhao […]
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A social media account for the People’s Bank of China is warning citizens against illegal fundraising schemes that involve virtual currencies and blockchain. The Shanghai branch of the People’s Bank of China (PBoC) published an article detailing the signs of a financial scam, mentioning virtual currency and blockchain as signs of a fraudulent offering. The […]
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