After seeing a retest of macro resistance at a $10,750 price, the bitcoin market saw a strong pullback and is testing a monthly supply level of $10,300.
The post Monthly Macro Support Tested With Impulsive Move appeared first on Bitcoin Magazine.
The disruption of supply chains across the globe due to the Coronavirus pandemic has resulted in substantial upheaval and its effect was also felt by China-based miners. The drop in Bitcoin’s hash rate was also speculated to have been influenced by COVID-19. Wu Tong, the Deputy Director of the CECBC Blockchain Special Committee of the […]
The much-hyped alt season still seems to be a distant dream even though most alts are continuing to make minor gains towards recovering the losses they collectively incurred during the previous month’s massive price crash. Altcoins such as Stellar, Bitcoin Diamond and Qtum have seen their price surge up to 10 percent in less than […]
Bitcoin halving is expected to happen around 18th May 2020. Many have come to the foregone conclusion that Bitcoin is a dud. They seem
PBoC held a teleconference in Beijing which further emphasized that CBDC development is one of its top priorities for 2020.
Tokenization is a prevalent topic in the crypto industry, but where does it currently stand, and what are the tech and regulatory issues it faces?
Three weeks ago, as global commodities markets crashed, Bitcoin’s price tumbled more than 40% over the course of a few days. In the face of this collapse, critics derided the flagship cryptocurrency for its apparent inability to hold its value in a crisis. In response, analysts are now presenting data demonstrating that Bitcoin has, in …
Ethereum has been able to form a bullish textbook charting pattern that may give it some notable momentum once it breaks through its current resistance.
High-profile bitcoin whale Joe007 predicts massive economic turmoil ahead that will have implications for the price of bitcoin and crypto-assets.
Many analysts say that bitcoin is now being viewed heavily as a safe haven asset, and that this status will only grow over time.
A project to build a decentralized bridge between Bitcoin and Ethereum just received a multimillion-dollar boost. The Keep Network says
Trading close to its yearly lows, 2020 has been a conflicting year for the second-largest cryptocurrency by market cap – Ethereum. Over the years, Ethereum has emerged as a leader in the DeFi space. In the latest development, when compared to other “high-profile” ERC-20 based projects such as Kyber Network [KNC], ZRX, Reputation [REP] and […]
Dash takes the lead, in terms of relative performance, with a 60% return since 2020, while BCH ranks 2nd [15.57%] and Algorand noted a -19.02% return. Although all the altcoins felt the effect of Bitcoin’s collapse, some collapsed more while some showed no effect. Dash looks to have surged the highest among BCH and ALGO. […]
As with all business environments, there are projects that have managed to continue thriving despite the grim prospects of the future. Consequently, such projects will slowly but surely start the process of absorbing less successful projects as seen more often in traditional business settings.
Bitcoin.com’s Cashfusion Fund surpassed the fundraiser goal by 103.3% or $51K worth of bitcoin cash spread out between 623 donations.