July 20: Bitcoin (BTC) has split off from other top cryptocurrencies and shows markedly more resilience in holding on to gains secured in the major upswing that kicked off earlier this week.
Market visualization from Coin360 As Coin360 data shows, the top coin is an island of green, while most major alts are struggling to maintain positive momentum.
Bitcoin (BTC) is trading around $7,398, up a fraction of a percent over the 24 hour period to press time.
Bitcoin’s weekly and monthly gains are in positive territory, at about half a percent and 20 percent respectively, according to CoinMarketCap data.
Cardano (ADA) has lost around 4 percent and is trading around $0.17 over the past 24 hours to press time.
Bitcoin (BTC) has split off from other top cryptos and shows more resilience in holding on to gains won in the major upswing that kicked off earlier this week
One major class of attacks to hit the hacking landscape recently is cryptomining. While cryptomining on its own supports a good cause when being done consciously, it also allows nefarious actors to make a lot of money fast, and, with the sheer number of cryptocurrencies available to mine, it is becoming a popular choice for attackers.
Even though the Ethereum network is receiving some scaling upgrades, network issues still tend to pop up now and then. Over the past few weeks, the network has seen a rather hefty influx of transactions which seemingly don’t serve any purpose.
High costs and range anxiety, the worry of a car battery running out of juice, are considered the biggest barriers to people embracing EVs. A study finds that car dealers are also to blame. The Nature Energy analysis shows that salespeople steer people away from EVs to get them behind the wheel of a traditional gasoline car.
Bitcoin ETFs are often considered to be the holy grail of the cryptocurrency industry. Exposing more mainstream investors to cryptocurrencies could trigger a major influx of fresh capital. So far, the SEC has prevented such ETFs from launching.
After a feeble rally on diminishing volume, bitcoin is currently in the middle of its first major pullback in about 2 weeks. Over the last week or so, bitcoin managed to break its sustained downtrend and trend back inside the macro trading range (TR) — both of which are quite bullish market characteristics.
Shortly after a successful comeback to Germany with BlockShow Europe 2018, the team gets to work again and announces BlockShow Americas 2018 - the next 2-day show and the very first one to be held in USA.
Recent Bitcoin block data shows that Bitcoin’s mining pools BTC. com, AntPool and ConnectBTC, respectively mined about 25. 7 percent, 16. 1 percent and 0. 2 percent of all new blocks over the past week.
This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.
Tether has released a surprise “Transparency Update” that purports to show it has enough funds in the bank to cover the $2. 6 billion of USDT in circulation. The company has stopped short of a full audit, however, leaving critics bemoaning Tether’s inability to settle the solvency debate once and for all.
It’s been a turbulent time for the cryptocurrency markets, so now is a good time to reflect on how and why we got here in the first place. First, an op ed makes the ideological case for Bitcoin.
In financial markets, high timeframes are the most important when it comes to technical analysis and influence on the overall trend. The same is true for Bitcoin, and all eyes are on tomorrow’s January monthly candle close.
Bitcoin has been locked in a bear market for over two full years now, but according to a long-term trend and momentum signaling indicator, the first-ever cryptocurrency is about to officially enter a bull market for the first time since the crypto bubble popped.
In the crypto market, there’s an ongoing bullish bias that constantly permeates the market. However, there’s no denying that the entire market, including Bitcoin, has been in a downtrend for the last few months.
Throughout all of 2019, Bitcoin price has been on a steady ascent. For the greater portion of the year, Bitcoin appeared to be unstoppable and broke through resistance after resistance, even as the altcoin market bled out.