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Venezuela’s Bitcoin Use Soars Amid Hyperinflation: 3rd on Global Crypto Adoption Index

Venezuelans have become increasingly interested in cryptocurrency as their country faces dire economic crisis and hyperinflation, a new study by blockchain data analytics firm Chainalysis shows. The firm’s Global Crypto Adoption Index ranks Venezuela third as “The country has reached one of the highest rates of cryptocurrency usage in the world. дальше »

2020-8-31 17:30


Ethereum Suffers from Fundamentals Flaws — Is it the New Normal?

The fees on Ethereum had reached the highest since 2015 when it launched, surging past $7. More than 17,500, $6.8 million are currently being spent on fees daily on the network. Spencer Bogart, general partner at Blockchain Capital, “Mempools are getting more competitive as value at stake for pending crypto tax increases. This increased competitiveness […] дальше »

2020-8-15 22:40


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Bitcoin Whale Population Spikes to 1,882 – Highest Level in Three Years

The number of so-called whales with 1,000 bitcoin or more in their wallets has climbed to 1,882 from around 1,650 in January. It is the highest the numbers have reached in nearly three years. Whales may be defined as the Bitcoin ( BTC) community’s own version of the ‘deep state’, with the ability to swing […] The post Bitcoin Whale Population Spikes to 1,882 – Highest Level in Three Years appeared first on Bitcoin News. дальше »

2020-6-17 17:01


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What Does Bitcoin’s Bullish Weekly Close Indicate for the Future?

During the week of April 13-20, the Bitcoin (BTC) price reached a weekly close of $7120. This was the highest weekly close since the rapid decrease on March 12. Weekly Outlook In the weekly time-frame, the Bitcoin price has finally reached a close above the $6900 area — something it had been unsuccessfully trying to […] The post What Does Bitcoin’s Bullish Weekly Close Indicate for the Future? appeared first on BeInCrypto. дальше »

2020-4-20 11:58


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P2P Bitcoin And Dash Transactions Soar In Venezuela

Venezuela’s inflation rate topped 130,000% in 2018 as peer-to-peer Bitcoin and Dash transactions reached new all-time highs month after month.   Bitcoin Thrives in Broken Economies For the past few years, the Venezuelan economy has been rocked by political and economic instability that has led to shortages of food and medicine, nationwide blackouts, riots and unstoppable hyperinflation that rivals that of the Zimbabwe dollar in the 1990s. дальше »

2019-8-20 14:00


Bitcoin Price Analysis BTC / USD: Short Term Pain, Long Term Gain?

Bitcoin has a bullish short-term bias, with the cryptocurrency trading at its highest level since March 2018 The four-hour time frame shows that the BTC / USD pair has reached its invalidation target The daily time frame shows that the recent advance has created a huge inverted head and shoulders pattern Bitcoin / USD Short-term […] The post Bitcoin Price Analysis BTC / USD: Short Term Pain, Long Term Gain? appeared first on Crypto Briefing. дальше »

2019-6-25 18:35


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Bitcoin Hash Rate Sets New All-Time High as Price Reclaims $9k

The Bitcoin network hash rate has reached a new all-time high (ATH) as the BTC price reclaimed $9,000. Bitcoin Hash Rate at ATH Data from Blockchain. com shows that the Bitcoin network hash rate – the computing power required for securing the network – topped 62 quintillion hashes per second (62 million tera hashes per second – TH/s) this past Friday. дальше »

2019-6-16 20:00


EOS Price Analysis EOS / USD: Unstoppable Momentum

EOS has a bullish short-term outlook, with the cryptocurrency advancing to its highest trading level since July 2018 The four-hour time frame shows that the bullish inverted head and shoulders pattern has now reached its upside target The daily time frame shows that a major technical breakout is still underway EOS / USD Short-term price […] The post EOS Price Analysis EOS / USD: Unstoppable Momentum appeared first on Crypto Briefing. дальше »

2019-5-28 16:55