Bitcoin Flashes Signs of Starting a Massive Bull Run, But One Key Hurdle Remains

2020-1-9 04:00

Bitcoin’s meteoric uptrend over the past several days and weeks has allowed BTC to smash through multiple resistance levels that were previously hampering its price action, and yesterday’s break above $8,000 led to a sense of euphoria amongst the cryptocurrency’s bulls. origin »

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$ 89406.71 (-0.12%)
Объем 24H $41.452b
Изменеия 24h: 0.54 %, 7d: -6.35 %
Cегодня L: $88659.02 - H: $90222.02
Капитализация $1786.289b Rank 1
Цена в час новости $ 7922.3 (1028.54%)

bitcoin previously hampering levels multiple resistance action

Источник: newsbtc.com

bitcoin previously → Результатов: 126


Bitcoin is Showing All-Time High Fundamentals, Setting 2020 Up For a Bright Year

According to new data from cryptocurrency industry analysts TradeBlock, the technical strength of the leading cryptocurrency Bitcoin has reached previously unseen levels. This strength, based off the analysis of three metrics — transaction volume (USD equivalent basis), transaction count, and hash rate — show that the coin sits in a great position moving into 2020.

2019-12-28 21:02


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Will Bitcoin Enter 2020 on a Bullish Note?

Bitcoin price went through a pre-Christmas rally, with prices vaulting the $7,500 level. BTC also saw a collection of factors that suggest 2020 may start on a bullish note. Bitcoin Price Avoided Crash to $5,000, For Now BTC, previously expecting to lag around $6,500 and slide further in early 2020, saw a relief rally late on Sunday, which erased the previous losses.

2019-12-23 11:05


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Why Quantum Computing’s Threat to Crypto May Be Further out Than Previously Thought

According to one researcher, quantum computing faces more hurdles than many realize when it comes to achieving viability in breaking encryption. In a recent report Dr. Subhash Kak, Regents Professor of Electrical and Computer Engineering at Oklahoma State University, notes that there are issues such as “noise” and error correction that render the buzz about […] The post Why Quantum Computing’s Threat to Crypto May Be Further out Than Previously Thought appeared first on Bitcoin News.

2019-12-22 12:15


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Bitcoin Gets a Big Boost in Germany After Banks Allowed to Offer Cryptocurrencies

The regulatory constraints that previously prohibited German banks from offering Bitcoin-related services to clients could soon become a thing of the past. New reports are coming in that once the fourth EU Money Laundering Directive comes into effect, financial institutions in Germany will have the legal and regulatory approval to offer and hold cryptocurrencies including […] The post Bitcoin Gets a Big Boost in Germany After Banks Allowed to Offer Cryptocurrencies appeared first on BeInCrypto.

2019-11-30 04:18


Bakkt Now Offering Custody Services To All Institutions After Receiving NYDFS Authorization

Bakkt is now making Bakkt Warehouse, the qualified custodian of Bitcoin accessible to all organizations. Previously, this service was only for clients trading Bakkt Bitcoin Futures contracts. But now the ICE-backed platform has received consent from the NY Department of Financial Services (NYDFS) to offer bitcoin custody to all institutions. As such, Bakkt is now […]

2019-11-11 21:00


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Chinese Government Backtracks on Proposal to Ban Crypto Mining

China has reversed their stance on cryptocurrency mining within the country, leaving the door open for increased clarity and competition. The Chinese government had previously included “virtual currency mining” on the list of banned items in the Catalogue of Industrial Restructuring Guidelines that will be enforced from January 1, 2020.

2019-11-7 21:00


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Bitcoin Price: BTC’s Explosive Rally On-Hold Until Halving

Bitcoin price might move in a sideways trend until the next halving. Then, it might finally explode to new all-time-highs, according to a Twitter user who applies the stock-to-flow ratio model. Bitcoin Price Pattern Points to New ATH After Halving Previously, we reported on bitcoin price forecasts that used the stock-to-flow (SF) ratio model, which was initially proposed by Twitter-based crypto and commodities analyst PlanB.

2019-11-6 15:30


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More Chinese Bitcoin Miners Flock to Sichuan as Demand Soars

Despite the long-standing ban on Bitcoin trading, China continues to be a breeding ground for cryptocurrency mining operations — statistically speaking. As BeInCrypto has previously covered, Chinese Bitcoin miners dominate an estimated 65 percent of the total network hashrate — with others, including the United States and Russia, lagging far behind with roughly five percent […] The post More Chinese Bitcoin Miners Flock to Sichuan as Demand Soars appeared first on BeInCrypto.

2019-11-1 21:29


Bitwise is ‘feverishly’ working towards gaining the SEC’s approval: Matt Hougan

Bitwise’s Bitcoin Exchange Traded Fund [ETF] was recently shot down by the SEC, with the agency citing that it would pave the way for manipulative acts and practices. The United States’ financial regulator had previously published a 112-page document, detailing the reasons behind the rejection, with Bitwise, surprisingly, hailing the careful consideration the SEC gave […] The post Bitwise is ‘feverishly’ working towards gaining the SEC’s approval: Matt Hougan appeared first on AMBCrypto.

2019-10-30 20:00


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