BTC

Santiment, an analytics platform, recently released a report that revealed positive sentiment still prevails on crypto Twitter, after the recent bitcoin price plunge. Santiment is a platform that analyzes several crypto-related posts on different social media platforms to help investors get an overall feel of the market. According to their recent report, the last 3 months have obviously seen a change of attitude towards crypto, as the price dropped from $10,300 levels to sub-$4,000. However, their report suggests that the…

Bitcoin addresses with 1 BTC or more are getting closer to the 800K mark, an ATH, according to a recent report. Data released by crypto statistic resource Glassnode on March 28, reveals that the total number of Bitcoin wallets containing at least 1 BTC currently stands at 797,420. Within a 24 hour period, the totals have increased by 101 wallets. It is also important to note that some individuals may have access to more than 1 Bitcoin wallets. This implies…

Considered one of the most critical events in the Bitcoin community, the Bitcoin reward halving is the process by which the incentives available to miners decrease by half of what it currently is. Founder Satoshi Nakamoto implemented the Bitcoin Halving mechanism to incentivize the network and slowly distribute the 21 million currency supply. Historically, the Bitcoin reward halving has been known to be a prelude to a massive bull run. However, on 9 July 2016, the market saw a surprising turn of…

KB Kookmin, South Korean biggest bank sets to launch crypto custody service for cryptocurrencies including BTC and ETH. Local news reported that KB Kookmin filed a trademark application for KB Digital Asset Custody (KBDAC) with the Korean Intellectual Property Office. According to the Korean Intellectual Property Office, the bank applied for KBDAC as a trademark that relates to investment, advisory, and trading of cryptocurrencies. The office says that trademark registration takes a minimum of six months and a maximum of…

An industry, sector, or model is only as good as the infrastructure it is built on. The infrastructure acts as a backbone, a framework, guiding the industry and its participants through. As we have come to know them, most industries are built on a centralized, hierarchy-based infrastructure. They follow a top-down approach, wherein a few participants at the top are responsible for most of the lower-level management's workings. But then came the Internet and changed the face of it all.…

Recently, Binance officially announced the launch of its crypto debit card, that will enable users to spend their cryptos by converting them into fiat while taking advantage of established debit card networks. Visa issued the Binance card, and it is accepted by over 46 million merchants offline and online in 200 regions, making shopping with crypto effortless. Initially, the card will be in Malaysia, then Vietnam, and later to other regions. It is currently available as a virtual card in…

The BTC price traded over $6400 support area yesterday.  Eventually, the price brook above the $6800 resistance and settled above 100 hourly simple moving average (SMA). However, the bulls are struggling near the $7000 resistance area to push the price higher. With resistance near $7000, a double top pattern is likely forming on the Bitcoin price chart. What the BTC Price Chart Reveals A daily high formed near $6989, and currently, the price is correcting lower. There is a break…

The blockchain-based web browser Brave signed a new partnership with cryptocurrency exchange Binance, allowing its users to trade directly on Binance. Recently Brave launched its cryptocurrency, known as the Basic Attention Token (BAT). The partnership made BAT jump over 13% on the day while BNB traded in fiat. Brave integrated Binance API to enable users to get seamless and instant access to the Binance account, buy, sell and receive cryptocurrencies supported by the exchange right from the new tab page…

Many stock markets across the world may likely close due to the recent pandemic. BTC could save the financial world after the current crisis comes to an end. It has survived any shutdowns caused by the Coronavirus. The cryptocurrency market runs throughout, setting it apart from any other financial market. Famous crypto trader Dan Hedi revealed via a tweet that Bitcoin could be one of the last assets still trading despite growing market turmoil caused by Coronavirus. News media worldwide…