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The price of BTC/USD rose by over 5% above the $7700 and $7800 hurdles. The bitcoin price visited the limitation at $8000 and may soon drop. Yesterday, there was an establishment that chances of the price to rise towards the hurdles at $7800 and $8000. Nevertheless, it overcame every hurdle and surpassed the hurdle zone at $7800. Additionally, the price crossed the $7700 pivot level and the hourly SMA. Analyzing the Hourly BTC/USD Chart The BTC/USD hourly chart shows a…

Bitcoin is the most renowned of all cryptocurrencies in the market. Recently, the digital coin celebrated its 11th anniversary, as it is successful since its innovation. In the last ten years, Bitcoin attained many milestones regarding price adoption and technical progress. When Bitcoin put up its bull run in 2017, it attracted many people, and since then, there are always speculations on why the price surges and declines.  Anthony Pompliano on BTC Price Changes During a podcast with Darius Dale,…

Qatar Financial Centre, QFC, says Qatar residents can no longer utilize any virtual asset, including cryptos, this year. The new law bans whatever is of value, acting as a substitute for currency, capable of getting traded or transferred digitally, and usable for payment or investment purposes. There will be no promotion of any invention within the features above, even if they are not blockchain-based. For instance, gift cards and coupons have the characteristics described by the new law. In this…

On the 6th of January 2020, in a blog post, Telegram clarified that its native token, Gram, is not an investment product. Telegram further explained that people should not expect profits by purchasing or holding the token. On the other hand, the US SEC is in charge of securities in the United States. The SEC recently filed a court application against the platform offering Gram token, assuming that the token is under the commission’s jurisdiction. Is Gram Designed for Ton…

The Information Age Back in the ’90s, when the Internet started to come around, it showed a lot of promise. Among people technically equipped to handle the innovation, it seemed like a new age was about to dawn. The ability to transfer information at speeds that were unprecedented, along with the fact that it was completely free of centralized hierarchy, portrayed a sense of liberation for millions. The advent of the Internet quickly came to be known as the “Age…

The BTC/USD price may surge significantly over $7500. There are, however, various hurdles from $7700 to $8000. The price rose decently over the hurdle at $7300 in the last few sessions—additionally, the price established over $7400, and the 100 hourly SMA. Recently, the price inclined over a short term declining trend line, with a hurdle close to $7455. It led to more gains over the hurdle at $7500 and attained a new 2020 high at $7572; nevertheless, currently, it is…

People view cryptocurrencies differently; while others embrace it, others have concerns about digital currencies. Additionally, it is difficult to convince individuals to adopt virtual currencies. Even in 2020, people are not willing to engage in an open dialogue concerning this issue. Many people find Bitcoin controversial; even now, it is quite contentious. There is a belief that the virtual currency does not have value, or it is a pyramid scheme. Bitcoin Non-Believers Argument Bitcoin’s popular argument is unregulated; however, it…

Last year, there was an exponential growth in the number of rooms booked through Travala.com. A recent report shows that another milestone got crossed the previous month. From November to December, the number of bookings rose by 15%. Additionally, at the same time, the average price per room night inclined by approximately 16% as the bookings peaked. Also, over 60% of the bookings last month got paid with cryptos. Some of the Cryptos Travala Customers Used for Payment Travala customers…

Following recent research and analysis, the use of Segregated Witnesses (“SegWit”) has immensely increased in light of Bitcoin transactions conducted. This is all based on the reviews by various sources that are inclusive of SegWit.Space, stating an increase in the adoption of the protocol, which ranges up to 66% of Bitcoin transactions. Also, the records show that towards late last year, there was a significant upsurge ranging from about 40% in September to a steady yet close 60% in October. …