Bitcoin has been able to maintain nearly all of its recent gains it has incurred over the past week and has been able to maintain stability around its monthly highs of $5,300. This positive BTC price action has led to an influx of capital into other cryptocurrencies, generating gains that have led many analysts to…
Beijing based Bitcoin mining hardware manufacturing giant Bitmain has announced the sales details for the company’s latest range of crypto-specific chips. According to the company, the Antminer 17 series will be capable of mining more than 50 trillion hashes per second. Sales will take place in two batches over the next two days. Shipping is…
The recent crypto market surge has led most individual altcoins to see some hints of individual trading patterns separate from that of Bitcoin, although their trend has overwhelmingly been subject to which direction BTC moves. The uniqueness of the recent trading activity has led one major crypto fund to shift its exposure to multiple major…
PayPal has recently announced that it will be keeping all seller’s fees when processing a refund going forward. Could such a self-serving policy drive online merchants towards alternate payment networks, such as Bitcoin and other cryptocurrency? In addition to the seller fee adjustments, PayPal has also announced that it will be altering how it handles…
Bitcoin bulls in control, up 25 percent Stable coins and OTCs allow Chinese participation Chinese traders are back. Thanks to OTCs and stable coins, traders can by-pass trade restrictions but at a premium. Overly, their involvement hints of bulls. Because of clear breakouts, it is likely that Bitcoin (BTC) would surge to $6,000. Bitcoin Price…
Token2049, a recent crypto conference in Hong Kong, saw some of the biggest names in Bitcoin and blockchain congregate. NewsBTC was lucky enough to snag Phil Chen, a world-renowned technologist and the head of HTC’s blockchain division, for a quick interview. We discussed his team’s phone, the Exodus One, and his thoughts on recent developments…
Bitcoin is once again entering the psyche of an average American, at least according to the ongoing internet statistics. Data collected from Google Trends shows that internet searches for the keyword ‘bitcoin’ surged between March 31 and April 6 in the US. The search engine’s metric system, which awards a trend on a scale from…
The price retested the $5,360 resistance and it looks set to trade further higher in the near term. There was a break above a short term contracting triangle with resistance at $5,155 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to surge towards $5,500 or even $5,600…
Bitcoin has been able to hold onto most of its recent gains and has secured its position above the important $5,000 mark. Despite this, BTC does appear to be treating $5,200 as a level of relative resistance, and it is unclear as to whether or not the crypto will be able to garner enough buying…
Bitcoin (BTC) has continued its bullish assault late into the weekend. After rallying to and past $4,200 on Tuesday, the cryptocurrency continued higher throughout the week, currently sitting at a $5,150 valuation. While some analysts have been adamant that this is where Bitcoin’s winning streak ends, as what some call “Bloody Monday” approaches, others have…