Bitcoin

Mining for Bitcoin is a unique and modern twist on what has typically been a traditionally non-digital activity that has powered economic growth around the world for centuries – oil mining. Although mining for oil and mining for Bitcoin share few similarities beyond the principle concept, a unique system in place at a Canadian oil…

Bitcoin price trading above $4,200 Crypto analyst places Bitcoin price at $55k after halving Number of confirmed Bitcoin transactions surge to 383,186 With a market cap of $71.9 billion, Bitcoin (BTC) is trading in a bull breakout pattern above a five-month resistance line. That is a milestone and could ready bulls aiming at $6,000 now…

Now is the right time for investors to create their core strategic positions in bitcoin, says a top asset management firm. New York-based Greyscale Investments, backed by Barry Silbert’s Digital Currency Group, published an evaluative report detailing the historical correlation between bitcoin halving events and its price. The firm used those metrics to predict how…

There is no better time to accumulate an asset than when it its price is on the floor. Bitcoin has certainly been in that position for the past four months as it has failed to break major resistance at $4,000 and lulled around this price level. UTXOs Higher Than January 2018 That is not to…

Crypto markets cooling as the week ends; Cardano, Tezos and BAT climbing, Maker pulling back. Crypto markets are ending the week on a high but it remains to be seen if the momentum will continue into the weekend. Total market capitalization has remained over $140 billion but resistance levels still appear too strong for the…

Bitcoin price spiked higher and tested the main resistance at $4,050 against the US Dollar. The price is currently correcting lower, but dips remain supported near $4,000. There is an expanding triangle formed with resistance near $4,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip towards the…

As the crypto market begins to establish strong support and find its bottom, the influx of new capital is looming on the horizon, just waiting for Bitcoin price and the rest of its altcoin brethren to break upward into a new bull cycle. When analyzing charts, traders have discovered a wide volume gap above overhead…

Bitcoin price stable below $4,200 Bitcoin market cap share is 52 percent Transaction volumes low but bullish divergence could help lift prices Most crypto exchanges are deliberately inflating volumes according to a follow up analysis by Open Market Cap (OMC). After making their findings public, OMC concludes that Bitcoin trade volumes are up-to 6X those…

Last year, the narrative was that institutional money was going to wrest cryptocurrencies from bears’ grasps. This year, it seems that investors are latching onto the impending Bitcoin (BTC) block reward reduction (halving), which will reduce natural selling pressure on the crypto market. A leading analyst claims that the auspicious event, slated to occur in…

Cryptocurrency exchanges are charging their customers more than what an average mainstream stock exchange does, according to Alex Krüger. The cryptocurrency analyst broke down the fee structure of some of the most popular crypto spot trading platforms. He compared the commissions charged for the lowest volume trades with those imposed by traditional brokers and exchanges,…