BTC

Over €110,000 worth of confiscated bitcoin and other Crypto sa are to be auctioned by the Belgian Government. An announcement issued on Friday set this auction's date as the 24th of March 2020 at noon GMT. The duration of the auction shall be 24 hours, being online to enable this. About the Bitcoin Auction For the auction, crypto lots shall range from 0.25 bitcoin to 1 bitcoin. Bitcoin Cash and Bitcoin Gold are the other cryptocurrencies that will also be…

Understanding the difference between Bitcoin, Bitcoin Cash, and Bitcoin SV first requires looking into what hard forks are. Then, they explain how the two latter networks or cryptocurrencies were created from Bitcoin. Blockchain developers forked Bitcoin to create Bitcoin Cash (BCH) the same way they forked Bitcoin Cash to create Bitcoin SV (Satoshi Vision, BSV). So, it is right that BCH and BSV are tweaked versions of BTC. Hard forks are irreversible or permanent changes implemented on a blockchain network.…

According to CoinATMRadar, there is a global surge in Crypto ATMs. The surge is owing to increasing crypto prices and a consequent rising adoption of crypto for payments. CoinATMRadar's most recent report reveals that there are currently 7,057 crypto ATMs globally, providing more comfortable options for purchasing and converting crypto assets to fiat using either cash or debit cards. 5,089 ATMs are found in the US, 784 in Canada, 303 in the UK, 84 in Spain, and 126 in Austria. …

Last week, the BTC price initiated a steady rise above the $8700 and $8880 resistance levels against the USD. It gained traction and even managed to rise above the key $9000 resistance. Nevertheless, the price faced a strong resistance close to the $9200 region and the 4-hours simple moving average (SMA). A Look at the BTC/USD 4-Hours Chart The BTC/USD 4-hours chart reveals a critical bearish trend line, with resistance around $8700. However, Bitcoin failed to clear the trendline, $8700 resistance,…

On the 24th of February 2020, Eric Demuth, Bitpanda’s CEO, referred to Bitcoin as Gold 2.0, the better version of gold. He spoke during the Blockchain Economy 2020 conference in Istanbul, Turkey. Demuth also spoke about Turkey as its first expansion hub outside the European Union. It is due to its high demand and other factors such as its geographical size, proximity, and cultural infinity. Comparing Digital Currencies with Precious Metals The Bitpanda Exchange trades Bitcoin and other precious metals,…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $251 billion. Bitcoin gets bullish support to move above $9,000 before dropping just below the mark. Ethereum value consolidates around the $230, with its sight set on the $250 target. XRP ends below the resistance level of $0.235 after an impetuous rise of up to $0.245 India finally lifts an RBI ban on cryptocurrency…

Square Crypto, announced the awarding of new grants to 2 BTC developers as per a Medium post. This Bitcoin development initiative is a product release of Square Inc, owned by Jack Dorsey.  A Bitcoin Core contributor and protocol researcher, Jon Atack, and the prominent BTC developer, Tankred Hase are the recipients of these grants. Hase has been working on enhancing the user experience while simplifying the self-custody of smaller amounts of BTC. The developers are to utilize the grants towards…

The bitcoin stock-to-flow model creator, Plan B, is confident that the coin's price will stay around $10,000 after the halving. He is even more optimistic of its future price, expecting a gradual climb to the $100,000 model value by December 2020. The stock-to-flow (S2F) model aims to make predictions of the Bitcoin (BTC) price based on its supply cuts. Many investors, however, criticize this, holding the view that BTCs price is rather demand-driven. Regardless of the criticism, a host of…

The past few weeks have seen the BTC price dip below the $9,000 support against the USD. Despite attempts being made to bounce it back, it still ended up settling down below the 100 hourly simple moving average (SMA). BTC Upward Correction Prices recently dropped to a low of around $8,403, before making an upwards correction. Bitcoin is currently trading slightly above the $8,450 and $8,500 levels. A keynote was the recent break above a key bearish line, coupled with…