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Here’s How Low One Analyst Expects Bitcoin to Plunge in the Mid-Term

It has been a rocky past few days for Bitcoin, as the benchmark cryptocurrency dropped as low as $11,100 following yesterday’s surge to highs of $12,200 This weakness came about in the form of a slow descent down to $11,700, which is the point at which it incurred a massive inflow of selling pressure Bulls were able to defend its $11,100 support, and where it trends next may depend largely on whether or not it […] дальше »

2020-9-3 02:00


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Sichuan’s Blockchain Park: Chengdu Government Officials Welcome Bitcoin Miners

In mid-August officials from the Chinese province of Sichuan approved a number of enterprises that mine bitcoin for legal hydropower consumption in the region. Following the local government of Ya’an city deciding to foster mining, officials from Chengdu recently spoke about welcoming crypto mining at the Hashcon 2020 event as well as bolstering a blockchain […] The post Sichuan’s Blockchain Park: Chengdu Government Officials Welcome Bitcoin Miners appeared first on Bitcoin News. дальше »

2020-9-2 11:30


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As Warren Buffett Ditches The Dollar, Max Keiser Believes Bitcoin Could Crack New Record High Soon

The bitcoin price has started the new week trading higher and is presently hovering at around $1.9k, up 0.48%. After the recent drop below $11,400 and subsequent quick recovery following news of FED’s new plan to increase inflation, it is clear that the bulls are determined to push the prices higher. Just ask the host […] дальше »

2020-9-1 13:03


CoinMarketCap’s Top Execs Jump Ship; Did Binance Push Them Out or Seeking Greener Pastures?

After two years at CoinMarketCap as a chief strategy officer, Carylyne Chan, who has also been the acting CEO, is exiting the renowned cryptocurrency market data firm. Following Chan on the exit door are Spencer Yang and Jeremy Seow, the Vice Presidents in charge of Operations and Product, respectively. дальше »

2020-9-1 22:01


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Yearn.finance (YFI) Shows Signs of Posting Local Top Following $40,000 Rejection

Yearn.finance has been one of the strongest and fastest-growing DeFi protocols within the crypto market, which has been reflected in the price of the YFI governance token. YFI has seen parabolic growth throughout the past few weeks and months, with the cryptocurrency rallying from well-under $1,000 just a couple of months ago to highs of […] дальше »

2020-8-31 22:15


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It’s the “Moment of Truth” for Bitcoin as it Trades at a Crucial Level

Bitcoin has found some stability within the mid-$11,000 region following its recent dip towards $11,100 The cryptocurrency is now consolidating as it struggles to maintain its momentum, with bulls and bears largely reaching an impasse as it hovers at $11,500 Analysts are now noting that the benchmark cryptocurrency could be well-positioned to see significant near-term upside if bulls can defend a crucial technical level A failure for it to bounce here, however, could cause it […] дальше »

2020-8-29 19:16


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Here’s Why Bitcoin May Face a Harsh Correction Before It Can Rally Higher

Bitcoin is in the process of stabilizing following the swift rebound it incurred overnight This allowed the benchmark crypto to climb from lows of $11,150 to highs of $11,500, around which price it is now hovering around Analysts are noting, however, that there is a path forward for the cryptocurrency to see a much stronger correction than the one seen yesterday One trader is watching for a rejection at $11,700, as he notes that this […] дальше »

2020-8-29 02:00