Bitcoin

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,…

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…

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. …

The Multicoin Capital joint founder, Kyle Samani, has lately made comments on BTC progress, following his tweet about the upcoming Bitcoin halving event, made on 4th January this year. His thoughts on the halving event clearly exclaimed and stated that the "TLDR- is extremely bullish," Following this remark, he predicted possible volatility to be visible within the two months before or after halving. In his tweet, he exclaimed and commented on the matter related to the halving, with concerns based…

BTC recently experienced significant declines pressures, correcting later with a 5% upsurge on the previous day. Based on last year's results and bitcoin ratings, this marked significantly positive starting points in 2020, reflecting up to a hundred percent increment in the valued prices. The review in 2019 showed that the cryptocurrency was considered among the best-performing assets.  Concerning the bullish reaction approach employed previously, declines could imply better buyers' strengths than the expectations anticipated. In turn, this factor could mean better value…

In today's day and age of digital growth and technological advancements, almost everyone has heard of Bitcoin. From being obscure in 2010 to being an asset of great value as of 2023, cryptocurrencies and blockchain technology have come a long way. To put it into perspective, blockchain technology was once thought not to last the trial time presents. Not only has blockchain technology proven its detractors wrong, but it has also found its place in several business sectors, including travel,…