BTC

Hasu, a renowned crypto researcher, recently analyzed the cryptocurrency banking race. He says that competition among cryptocurrency firms is not similar and has led to more accessibility and cheaper financial services. Cryptocurrency firms are looking forward to becoming cryptocurrency banks, says Hasu. Asset Under Management AUM is the top factor that will indicate a crypto firm’s success and get monetized through financial services. There are expected changes to the competition between cryptocurrency exchanges, wallets, and custodians from the horizontal expansion,…

On the 2nd of January 2020, the Bitcoin price rose by 3.5% to 6850. Nevertheless, it staged a robust retracement and gained $ 400, representing a 6% upsurge to $7250, before returning to $7200. Bitcoin is trying to stabilize its level at $7.2k since that time. A crypto research and data market known as Skew Markets noted the liquidation of a minimum of $16 million worth of short positions on BitMEX in the colossal upsurge. Bitcoin’s surge caught traders off-guard, as analysts…

Following the current bearish signals indicated by the bitcoin prices that estimate between $7,300 to $7,260, concerns are raised regarding the fall below $7,000. The bitcoin value has been declining steadily within the past sessions under support at $7,320 value, which also settled the 100 hourly simple moving average.  Concerning the BTC value within the past days, the value transaction could not surpass $7,320. Although the price tried to increase and stabilize above the $7,300 value, the prices could not…

Through academic essays, Konrad S. Graf tries to make Bitcoin known worldwide. On the 1st of January 2020, Korad, in an interview with Eurasia Review, noted that the future of Bitcoin as a model is highly possible because of its ease of succeeding over other cryptos in various aspects. Konrad highlighted the following four competitive advantages intrinsic to Bitcoin as below: Bitcoin Scarcity and Apolitical Value BTC is scarce and, therefore, ahead of every form of money due to fixed supply.…

At the beginning of the year 2020, the BTC/USD is trying to maintain major supports. However, the price is still at risk of a further downward move to $7000 and $6880, before a modest upward move. Bitcoin’s price has been dropping steadily under the support at $7320 within the previous few weeks. Eventually, it settled under $7320 and the 100 hourly SMA. The decline in recent times brought the price levels under the support at $ 7200 and $ 7150.…

As 2022 ends, we find ourselves moving away from the conclusion of Bitcoin's first decade. In less than two weeks, Bitcoin will turn 14 on January 3rd, 2023, and just like every other year, it will be a historic moment. Indeed, during such intervals, we are invited to contemplate its existence and relevance. Do we need Bitcoin, and if so, why? If necessity truly is the mother of invention, then Bitcoin was created out of necessity. This necessity is born…

The price of BTC/USD is revealing signs of a renewed upward move. Nevertheless, the price needs to maintain over $7150 to prepare a new movement towards the hurdles at $7500. The price formed a recent weekly high close to $7150, before the retracement to the downside. The price then dropped under the supports at $7400 and $7300. Additionally, the price established a low close to $7300, and the 100 hourly SMA. Eventually, the price fell below the support at $7200…

On the 27th of December,  Peter Schiff criticized Bitcoin for its poor performance to the end of 2019. He said that most asset classes are experiencing rallies at the end of the decade, as the price of Bitcoin remains close to the $ 5700 level. At the time of writing, the price was at $ 7300, after a 0.5% decline, within the previous 24 hours. The US stock market just attained a fresh all-time high in 2019 due to an…

Bitcoin started an upward move against the USD after forming strong support close to the $7100 region. The price eventually inclined to $7300 and $7400 resistant level. Additionally, there was a close of over $7300 and the 100 hourly simple moving average. Ultimately, the price rose to over the $7500 level, but eventually, the uptrend declined. In that case, a high close to $7500 got formed before the Bitcoin’s price dropped. This digital currency lost more of the earlier made…