BTC

There is an aspect of crypto and blockchain, usually utilizing ideas to obtain value from blockchain’s principal success. One instance of such is Bitcoin Hard Forks. Recently, an Etheereum product developer, known as David Hoffman, tweeted his bullish sentiments supporting Bitcoin transactions on Ethereum. The notion of running Bitcoin on a second faster chain always gets suggested. EOS has been trying to make such happen. The impact of the growth of Bitcoin networks drives the markets with stores of value…

On the 12th of January 2020, Bitcoin ads from eToro got displayed during Tottenham and Liverpool’s march. The act was exceptional since it is the first one of its kind.  In 2019, eToro signed a deal with Brighton, Hove Albion, Cardiff City, Crystal Palace, Leicester City, Newcastle United, and Southampton. These clubs got paid for Bitcoin advertisements, and eToro seems to display the Bitcoin ads when notable matches are going. In this case, millions of individuals watch the premier league…

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 $214 billion • Bitcoin price responds to international conflicts and breaks past the $8,000 mark • Ethereum finally goes  above the $130 barrier and sets sights on the $150 stopover • Ripple joins the market renaissance and bullishly climbs above the $0.20 mark • The conflict between the United States and Iran escalates, which increases…

The BTC/USD price is on the upside above the supports at $7800 and $7700. If the pair reaches $8200, it may start a fresh uptrend. Last week, the pair commenced a downside retracement from the $8473 high. However, the price returned to the downside under the supports at $8200 and $8000. The price also got remarkably supported at $7700 and $7600. A Look at the 4-hour BTC/USD Chart The 4-hour BTC/USD chart shows the price established a level over the…

Throughout its existence, Bitcoin has only been capable of processing around seven transactions per second. Growing at a rate that most people would call unsustainable, Bitcoin's scalability problem has slowly become a hindering issue. While a low transaction count was initially enough, the system has been congested for a few years.  As a result, transactions today take a long time to process, and transaction fees are excessive due to the demand. Ten years later, scalability is still the biggest problem for…

The coming Bitcoin halving in May 2020 is making crypto participants focus on the digital currency. Many expect an impressive Bitcoin upsurge after the halving.  However, some people believe that Bitcoin’s price will significantly rise, even without taking the halving into account. A recent report revealed that Bitcoin can offer investors 100% returns in 2020. The report further claimed the possibility of Bitcoin rising exponentially, even before the halving happening in May. Crypto Enthusiasts on Factors Affecting Bitcoin Price Fundstrat…

The BTCUSD pair recorded a decline after lacking a significant push over the $8,500 hurdle. Currently, the pair is forming support close to the $7,750 to 7,600 level. Furthermore, based on the recent periods and records of the price values, various buyers have indulged in the purchase of the digital currency based on an initiated push that fell under $8,000. It further showed a stabilization under the same zone, presenting the 100-hourly SMA.  Current Prices  The current prices of the…

Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, revealed a report stating his own opinions concerning BTC and its related future adoption race framed within the cryptocurrency domain. His thoughts were directed at the rise in the value of the cryptocurrency in the year. The report focused immensely on two primary factors that aided Bitcoin in its parabolic rise between hurdles ranging between $9,000 to $10,000. The report stipulated these factors based on supply and store value. These were primarily based on the fixed supplies, and the second factor…

Generally, the current BTC/USD price pair significantly shattered powerful resistance that was closely ranged between $7,500 and $8,000. Following Bitcoin's immense upsurge, the price rise expectations are anticipated through amounts ranging from $9,100 to an even $10,000 this year. Also, following major upside moves of the BTC value complemented the critical assurance over the $7,500 hurdle, and also daily chart reports on BTC/USD also showed various significant breaks that were bullish.  BTCUSD Daily Charts Based on the daily charts of the BTC/USD pair observed,…