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Bitcoin's bullish run has continued into the third day of the year after the leading coin surpassed $30k yesterday. This bullish run has caused a major effect, with leading altcoin Ethereum hitting a major milestone in the past few hours. Bitcoin (BTC) Exceeds $34,000 Bitcoin entered the day on the back of a major bull movement that began over the weekend. Since hitting the $30k mark yesterday, the leading coin has continued to experience an uptrend in price. This has…

Bitcoin (BTC) network has experienced massive growth in the last 12 months, with its distributed database increasing daily. In 2020, the Bitcoin blockchain's total size increased by 25%, suggesting that global adoption is on the rise. 25% increase in 2020 According to data from analytical site ycharts, the size of the Bitcoin blockchain stands at 319.69GB. This represents a 25% increase from its previous mark of 256 GB recorded a year ago. The numbers show the accelerated growth of data…

 Today is Christmas day and Bitcoin holders have a lot to celebrate after the leading coin hit a new milestone. Bitcoin Creates New All-Time High Bitcoin continued its recent rally in the early hours of the day as it moved above the $24k mark. The leading coin fought off an initial retracement before surging past its previous resistance point of $24,200. In the process, the leading coin surpassed previous all-time highs of $24,217 towards new regions. According to data from…

Bitcoin suffered a massive correction a few hours ago, losing $1,500 in value within the space of minutes. This correction came after the leading coin enjoyed a massive rally over the weekend. Bitcoin (BTC) Price Correction Follows Bullish Weekend After entering the weekend trading above $20k, BTC quickly surpassed the $22k mark creating new milestones on the way. The leading coin also hit a new all-time high of $24,209 on Sunday, according to data from CoinMarketCap. Amid expectations that Bitcoin…

It's a joyous moment for Bitcoin bulls as the cryptocurrency finally smashed its 2017 All-time high price of $20,000. At the time of writing, the leading crypto asset is currently trading above $23,000 after hitting a new ATH record of $23,800 across multiple exchanges.  Since the COVID-19 pandemic-induced crisis that sent bitcoin crashing below $4,000 in March, the cryptocurrency has recorded over 500% gain. Following the massive sell-off, millennials and large corporations have been flocking the assets because they believe…

The price of Bitcoin finally surpassed the $17,000 mark today, Tuesday, November 17.  This is the first time the leading coin will be reaching this milestone in three years. Bullish Run Continues Bitcoin has enjoyed an unprecedented bullish trend in the past month, hitting several milestones on the way.  This run has continued in the past 24 hours as BTC has added $800 to its price and is currently priced at $17,400 per unit. This represents an increase of 7%…

Bitcoin Cash (BCH) has finally initiated its hard fork after months of tensions between developers. Does this signal the beginning of the end for altcoin or the promise of a revival? End of the Bitcoin Cash (BCH) funding debate? Before undergoing this hard fork, the Bitcoin Cash (BCH) project was crossed by several heated debates in 2020. Earlier in January, there was talk of introducing a mining tax that would finance the network's development. 12.5% of mining rewards had been…

For most days last month, the performance of Ethereum was not impressive while Bitcoin was able to gain enough momentum that pushed its price to the upside to become the cryptocurrency asset with the best performance. In recent times, Coinmetrics released the State of the Network report which noted that the market capitalization of Bitcoin increased by 17% within the previous week. Likewise, it said that the active addresses rose to 928,000 (12.2% increment). Nevertheless, the outstanding statistic was the rise in Bitcoin transaction…

Despite being around for a long time now, numerous individuals still consider cryptocurrencies to be undergoing experimentation. However, Bitcoin has been able to gain some form of importance in the financial domain. This is such that governments and central banks worldwide are planning towards the regulation and introduction of their own digital currencies. We have numerous cryptocurrencies in the market but Bitcoin remains the leader despite its remarkable shortcomings. At press time, the dominance of Bitcoin was 62.97 percent, while its…