Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
BTC
The Undocumented Features of Bitcoin’s (BTC) Architecture
The introduction of Bitcoin in 2009 marked the start of a new financial era with a decentralized financial control structure that eliminates third parties in financial transactions. However, Bitcoin is more than just a digital currency; it's a revolutionary technology that has helped shape the modern economy. Bitcoin also helped popularize blockchain technology, which has gained widespread use cases in various sectors, including supply chain services, the Internet of Things (IoT), and reputation systems with the launch of blockchain-based applications. …
4 years ago
Bitcoin (BTC) Hits Record Above $20,000 – What’s Next?
Bitcoin has surpassed the $20k mark in what is a major landmark event for the leading currency. In surpassing the $20k mark, Bitcoin set a new all-time high surpassing the one recorded on November 30. Major Milestone For Bitcoin This is a major milestone for the leading coin after three turbulent years on the markets. Bitcoin's current bullish run has been nothing short of remarkable considering the economic climes. Bitcoin has been able to navigate past the Covid-19 pandemic that…
5 years ago
How to Support Bitcoin (BTC) Development
Bitcoin development is a constant ongoing process. Bitcoin's use cases continually evolve to meet the market's needs and technological advancements. Most people are surprised to learn that Bitcoin consistently receives technical upgrades. Yes, today's Bitcoin is far more advanced than its first rendition. Learning how to support Bitcoin's development is a great way to do your part and help bring this game-changing tech to the mainstream. Luckily, there are many ways to support Bitcoin's development, regardless of your technical prowess.…
5 years ago
Bitcoin Price Rallies above $19,000 As Investors Target $20k
Bitcoin embarked on a rally in the last 24 hours after facing a correction and dipping below a key support level. Over the past week, Bitcoin has failed multiple times to surpass the $19,500 resistance level as it looks to make the next push in the bullish run. Most buyers have been waiting for the leading coin to make a breakout rally, but it has largely followed swing trading. Sellers have taken advantage of this and made significant profits, which…
5 years ago
Bitcoin (BTC) Holds Above $16,000 as Institutional Adoption Increases
Bitcoin has begun the new week with a positive dynamic as its price remains above $16,000 despite several corrections over the weekend. This bodes well for the leading coin in its quest to hit record heights in the coming weeks. Bitcoin Maintains $16k Bitcoin's recent bullish run was the dominant feature in the crypto markets last week and the leading coin headed to the weekend of a yearly high of $16,500. However, it failed to make any significant price jumps…
5 years ago
Highlighting BTC Major Milestone: Can it Record a New ATH?
The world seems ready for widespread BTC adoption after it approached levels not seen since after the burst of the crypto market bubble in 2018. As per a Bloomberg report published on Oct. 27, the flagship crypto climbed by over 3.7% to hit $13,497, nearly matching the $13,851 high set on Jun. 26, 2019. [caption id="attachment_19100" align="aligncenter" width="1722"] BTC price Approaches June 2019 High | Source Bloomberg[/caption] If BTCUSD manages to surpass this 2019 high, it will have registered…
5 years ago
What are the Best Crypto Wallets For Bitcoin Cash (BCH)?
Bitcoin Cash is one of the most popular Bitcoin forks. This peer-to-peer decentralized digital currency was launched in 2017 after a controversial fork of Bitcoin (BTC). Finding the right wallet to store your Bitcoin Cash (BCH) can make it easier to store, freely access, and spend your coins at any time. So which are the best crypto wallets for the BCH ecosystem? Coinomi (Mobile Wallet) Coinomi is a popular non-custodial mobile wallet that offers great security for your BCH. The popular…
5 years ago
MicroStrategy Increases Bitcoin Holdings – What Does This Mean?
Two weeks ago saw another major development in the Bitcoin sector after the world’s largest independent publicly-traded business intelligence company, MicroStrategy, completed the purchase of 16,796 more Bitcoins. The decision follows a similar maneuver a month earlier. In total, MicroStrategy is now the proud owner of 38,250 Bitcoin. In total, this latest round of Bitcoin investments aggregated out to $175 million, including fees and other expenses. The maneuver was part of the company's larger strategy to sure up reserves via…
5 years ago
The Long Journey of Digital Currencies before Bitcoin
In 2009, Bitcoin demonstrated to the world the power of cryptocurrencies. Today, these next-generation assets are set to digitize the economy. However, this wasn’t always the case. If it weren’t for developers' hard work and contributions over the years, the world might have missed the blockchain mark completely. While Bitcoin is by far the most successful digital currency, it was by no means the first. For decades, digital currency developers built upon each other’s theories, and they continue to do…
5 years ago