A new internet that leverages peer-to-peer capabilities wants to create total decentralization, but can this model deliver on a product? Decentralization is one of the most important benefits promised by blockchain, as the technology aims to distribute and disperse power away from central authorities. Bitcoin, for example, was designed as a decentralized alternative to government-backed […]
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As the weekly close approaches, Bitcoin price dropped out of the ascending channel to $8,840, marking six consecutive lower highs since June 2019. Within the last hour Bitcoin (BTC) price dropped to $8,840. The drop came with less than 8 hours left before the weekly close. A confluence of miners selling more BTC than they […]
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A fresh surge sees BTC/USD well on its way back to $10,000 as the impact of its weekend crash continues to dissipate. Bitcoin (BTC) rose to reclaim $9,500 on May 14 as the recovery from last weekend’s $1,200 crash gained fresh momentum. Cryptocurrency market daily overview. Source: Coin360 BTC price up 11% in days Data […]
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Positive signs for Bitcoin have been increasing in different spaces, and the bullish trend seems to be more and more realistic. This is not the first time an event called halving has happened on the Bitcoin (BTC) network. The first halving took place in 2012; the second halving took place in 2016. Now, the third […]
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Crypto traders explain why this Bitcoin rally may be more than just a correction. Is Bitcoin’s current rally just a bull trap, or is it actually headed for the moon? Trader Alessio Rastani and co-founder of Wintermute Trading, Yoann Turpin, explain why Bitcoin’s upward momentum may be impulsive in nature rather than corrective. Don’t miss […]
Continue ReadingBlockchain is being leveraged to connect buyers with non-traditional suppliers producing masks and other PPT needed to combat COVID-19. Shortages of personal protective equipment, or PPE, used by health care professionals are posing a tremendous challenge to the United States health care system as a result of the coronavirus pandemic. According to the Centers for […]
Continue ReadingFollowing a rebound from $6,800 to $7,600, another leg up for Bitcoin price to $8,000 is imminent due to two crucial factors. The Bitcoin (BTC) price has seen a strong rebound from $6,800 to $7,600 within a four-day span, recording a 12% increase. Two technical factors are likely to push BTC to $8,000 in the […]
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Some crypto analysts and experts believe the ETH 2.0 revamp will transform DeFi and trigger a major bull run. With the first phase of Ethereum 2.0 due to launch within months, some analysts and experts believe it could trigger a major bull run and transform finance as we know it. Adam Cochran, a partner at […]
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As the U.S. considers lifting coronavirus prevention measures, two more industry players weigh the event’s impact on Bitcoin’s price. Industry players said Bitcoin’s (BTC) price could be impacted once U.S. governing bodies lift COVID-19 prevention measures, such as stay-at-home orders and business closures. “When the world economies begin to recover and come back online […]
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The analysis of Bitcoin transactions, addresses, UTXOs and some other key metrics allows us to predict an upcoming exciting future, at least for a couple of years. Bitcoin (BTC) has been the most interesting asset over the last decade and on-chain analytics can prove such a statement. Since its inception, and until the first quarter […]
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