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…
On-chain data show surging new and active addresses in 2020. Twitter signals show growing interest in Bitcoin. Ethereum is also enjoying growing use among new users. The third Bitcoin halving, only hours away, has generated a lot of noise. But fundamental indicators all point to 2020 being a big year 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…
After a four-year countdown and months of speculation, the Bitcoin halving is about to happen. At 8 pm UTC (3 pm ET) today, the new supply of Bitcoin will drop by 50%, meaning there are few satoshis being created each day. There’s a lot of pressure on this year’s halving. 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…
Macro trader Henrik Zeberg has once again called for a major downside move that would take Bitcoin all the way to $1,760. This extremely bearish price target now seems a tad more realistic hot on the heels of Bitcoin’s 15 percent crash that caught the bulls off-guard earlier today. #Bitcoin may have topped in Read more…
Investing.com – Ethereum was trading at $113.30 by 17:26 (22:26 GMT) on the Investing.com Index on Saturday, down 10.60% on the day. It was the largest one-day percentage loss since November 20. The move downwards pushed Ethereum’s market cap down to $11.68B, or 9.23% of the total cryptocurrency market cap. Read more…
Bitcoin (BTC) price dropped from $10,000 to $8,100 within just over a day, as it plunged by 9% in a single hour. It liquidated $200 million worth of shorts, obliterating the futures market. The three key reasons that triggered the immense Bitcoin correction were: strong multi-year resistance area above $10,000, Read more…
The market after a strong week has made a huge retracement. In the last 24 hours, the market has wiped out over $25 billion. For many cryptocurrencies, this has seen them wipe out their weekly gains. For Bitcoin, the asset has suffered a more than 10% drop. At the time Read more…
The number of HODLers with large amounts of BTC is constantly increasing, as Bitcoin shows a bullish trend, according to a report by Glassnode. This increase in the number of BTC whales has been the largest since the 2017 crypto boom, when Bitcoin also known as “digital gold” had its Read more…