Back in March, Bitcoin (BTC) and most other cryptocurrencies joined the stock market in one of the biggest market sell-offs in recent history. Now, two months after, what is now known as, Black Thursday (March 12, 2020), Bitcoin has recovered all of its losses plus more, while the stock market is still Read more…
The Bitcoin halving event took place on May 11, three days ago. As expected, that day was volatile to both sides, but the bottom line was that Bitcoin maintained the crucial support zone around the $8K mark. The latter includes the significant 200-days moving average line (marked light green on Read more…
Bitcoin (BTC) price lit up today, rallying 5.78% to a daily high of $9,398 before pulling back to consolidate in the $9,300 range. The strong upside move pushed the top ranked digital asset on CoinMarketCap through the $8,800-$8,930 resistance zone. Since the halving day correction dropped the price to $8,122, Bitcoin price Read more…
Following Bitcoin’s third halving, mining revenue has been halved. The network’s strength, measured in hashrate, is very much tied to this revenue and is similarly decreasing. Miners say they expected the drop, and it won’t last. Bitcoin just experienced its third halving, which reduced the cryptocurrency’s mining rewards from 12.5 to Read more…
It’s great not only talking about community service in theory but actually doing it. That’s why we join forces with the largest and most relevant group in the Crypto world on Facebook. BITCOIN WORLD – a community for Crypto Enthusiasts that free to ask, share articles, though, news, anlysis, and Read more…
One of the reasons the community loves Bitcoin and crypto in general is the opportunity of moving great lumps of money from absolutely any part of the world to any destination without having to hassle with the banking infrastructure necessary for wiring money. The Bitcoin Block Bot has reported that a short Read more…
A lot of ink has been spilt over Bitcoin’s halving, with crypto luminaries the world over taking sides on how much it will affect the token’s price. Will it push Bitcoin higher or does its anticipatory nature necessitate much has been priced in? To Zhao Changpeng, chief executive of Binance Read more…
The Bitcoin halving, one of the most anticipated events in the crypto world, finally happened today at 19:23 UTC by AntPool. Miners who support the most valuable and revered blockchain network in the cryptocurrency ecosystem will now earn half as much as they used to, 6.25 BTC per block, just as Read more…
With Bitcoin’s halving just a few hours away, the cryptocurrency market appears to have entered a stagnation phase. Ethereum, XRP, and Litecoin are currently held by critical support levels that will determine where they are headed next. Ethereum Sits on Top of Massive Support Wall Ether’s price action appears to be contained Read more…
Bitcoin is currently exchanging hands at $8,683 at the time of writing. The price has recovered slightly from the dip to $8,100. An intraday high has been achieved at $8,812 (short term resistance level). Glancing further up $9,000 is the next resistance; that if broken could pave the way for Read more…