The countdown has been ticking for some time now and it is currently 471 days until the Bitcoin block reward halves. This milestone in the evolution of the world’s most popular digital currency will also make it far less inflationary than most of the current central bank’s targets. Bitcoin Block Reward and Inflation to Fall…
Bitcoin and cryptocurrency, like any new technology, needs to evolve to garner mass adoption. In its current state Bitcoin is still not that easy to use for the layman with no technical knowledge. An additional issue is that it needs a permanent high speed internet connection to function … or does it? Bitcoin Off The…
Crypto markets are stagnant as we end the week; Litecoin, IOTA, ETC and NEM moving a little, BNB and BSV falling back. As we end another week in crypto land markets are still very flat and have made very little movement over the past 24 hours. The promise of a minor recovery started an hour…
Bitcoin price is trading in a range above the $3,345 support level against the US Dollar. There is a major bearish trend line formed with resistance at $3,375 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely to face a strong resistance near the $3,375 and $3,400 levels.…
After dropping back to its recently established support level at $3,400 a couple days ago, Bitcoin (BTC) has been able to hold above this support level. Despite this, its failure to bounce signals that it doesn’t have any significant buying pressure at the moment and further losses may be necessary in order for it to…
The number of Bitcoin ATMs around the world continues to grow each year. For many, this signals a surging demand for real-world locations to trade Bitcoin – a sure sign of growing adoption, at least on paper. Thanks to exorbitant fees, however, it is difficult to picture folks using the ATMs for the most common…
Only 12.7% of Amazon customers want the marketplace to sell crypto products or services, according to a new report. Global financial portal Investing.com surveyed more than 1,000 Amazon clients to study their consumption rate from the online portal. The survey included a section that discussed possible products – hypothetical services that Amazon should offer as…
Since Bitcoin (BTC) came to life in early-2009, as the cryptocurrency godfather himself, Satoshi Nakamoto, mined the first block, the asset’s 21 million supply limit was made clear as day. While the deflationary nature of BTC made sense at the time, especially to decentralists with the 2008 Great Recession fresh in their minds, the narrative has…
After two and a half months of continual tumult, Bitcoin has finally begun to find a semblance of stability. Yet, a leading crypto trader claims that this lull will be short-lived, especially as long-term trendlines pressure crypto assets lower and lower. “Crypto Remains Weak,” Writes Fundstrat’s Sluymer Mere months after Tom Lee, managing director and…
Bitcoin price declined further and traded towards the $3,320 support level against the US Dollar. There is a key connecting bearish trend line formed with resistance at $3,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could correct higher, but it is likely to face sellers near $3,375 and…