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Bitcoin Price Oscillates in the Range of $10,000 to $11,000; Facing Resistance Around $10,700
20.8.2019
Bitcoin after having traded above $11,000, is now oscillating in the lower range below $11,000. Although in this range after having a fall near $10,300, Bitcoin has gained over 5% in no time since yesterday. Bitcoin price has been trading with unpredictable numbers wherein the traders would have...
Bitcoin Has 50 Times More Concentration Than Global Wealth
18.8.2019
The basic idea behind the inception of cryptocurrency is to decentralize and take away the rigid control that some banks and organizations have on the monetary transactions. However, according to the latest report of the PARSIQ, an organization involved in the monitoring of the blockchain...
Electricity Theft for Bitcoin Mining Imposes Loss of $25 Million in Malaysia
16.8.2019
Bitcoin Mining is a power-intensive activity, and it consumes a lot of electricity. A report by Cambridge last month showed that Bitcoin consumes more electricity than the entire country of Switzerland. While the cost involved is huge, it can be devastating to electricity manufacturers...
Roger Ver, the CEO of Bitcoin.com assesses about Bitcoin and Lightning Network
11.8.2019
Roger Ver is the current CEO of Bitcoin.com. Two years prior, because of a hard fork of the Bitcoin protocol, Bitcoin Cash was launched. It was empowered to Bitcoin executives and the developers not approving to more prominent block size. From that point onwards, Roger has been the greatest critic...
Bitcoin Price Likely to Hit $15,000 Soon, Predict Financial Experts
9.8.2019
One of the primary purposes behind Bitcoin (BTC) picking up recognition as a safe-haven asset is, it permits speculators to invest money in cryptocurrency when the markets look wavering. With advancing trade pressures between the United States and China, just as developing vulnerability around...
Blockstream Announces Bitcoin Mining Colocation and Pool
9.8.2019
Blockstream, a leading blockchain technology enterprise based in Canada, has unveiled Blockstream Mining, a mining colocation service, along with the mining pool. The company made an official announcement of their latest product launch through a blog post published on 8th August 2019. As per...
Bitcoin (BTC) Trades Below $12,000, Just To Rise Again And Breach $15,000 Soon
8.8.2019
Bitcoin breaches $12,000 in the past 24- hours. BTC surges again after its price correction phase. Bitcoin (BTC) has been trading miraculously in the market since past 5 days as it took no time to cross $11,000 and $12,000 price mark after breaching the major support areas at $10,300, $10,500...
Bitcoin SV Gets Split Into 3 Chains After 210 MB Block
5.8.2019
On Saturday, 3rd August 2019, Bitcoin SV network got split into 3 different chains temporarily because it witnessed mining of a huge block, sized 210 Megabytes. As per BitMEX Research’s report, the nodes of Bitcoin SV got divided into 3 groups which resulted in the network split. Bitcoin SV is...
Computing Power of Bitcoin Establishes New Record with 100K+ Miners Online
5.8.2019
The aggregate computing power that goes into securing the blockchain of bitcoin has established a fresh record. As per the data released by BTC.com, a mining service operator, the average hash rate for bitcoin mining has hit 71.43 quintillion EH/s (hashes per second) over the period of the past...
Bitcoin Vs. Ripple: BTC and XRP Prices Saw an Escalation of More Than 1.5% in Last 24 Hours
27.7.2019
BTC has enough potential to fetch massive returns when compared with the high performing stocks of the market. After all, Cryptocurrency is definitely a good choice, although with great risk and even greater returns. Ripple, on the other hand, recently announced their release of version 1.3.1 with...
Bitcoin Vs. Ripple: The Value of XRP and BTC Dropped by More Than 3% Since Yesterday’s Highest
26.7.2019
President Nicolas Maduro of Venezuela has approved the authorization of using an application to collect the aeronautical taxes and convert the same into Bitcoin which are sanctioned at the airport. This might help BTC to raise its bars in terms of supplies and an increased number of users in...
Bitcoin Vs. Ripple: BTC & XRP Seem to Have Lost the Track; No Signs of Growth for Now
24.7.2019
Bitcoin and Ripple share a similar line of restraints over the last 24 hours. Both the coins have shown four major price swings each in this period. Bitcoin and Ripple, two rising coins have been put on radar by many investors as they have been showing weaknesses in the market over the past...
Bitcoin Network is 8 Times More Powerful Than It was at its Peak $20k in 2017, Says New Data
22.7.2019
Despite prices falling down to about half of what it was at the peak, Bitcoin has become eight times more powerful network since 2017, say new hashrate data. As per Blockchain.com’s new data, Bitcoin hashrate touched the 79 trillion tera hashes per second on July 20, breaking the previous...
Bitcoin Vs. Ripple: Both BTC & XRP Seem to Have Chosen the Stable Path
22.7.2019
Both Bitcoin and XRP have shown four major price swings in the last 24 hours. The target of 2019 for Bitcoin remains around 15,000 USD to 20,000 USD and XRP may touch 0.7 USD. Bitcoin and Ripple have been showing a similar trend of price movements in the past few days. Both the coins have...
Bitcoin (BTC) Trades Below Its Major Support Level of $10,000, Is This An End of The Bull Run Already?
17.7.2019
Just when we thought that Bitcoin is in its recovery mode and is bouncing back to have a steady price rally towards $11,000 and beyond, it has again fallen and this time even below its major support level of $10,000. Bitcoin has slid and crossed the descending support levels at $9800 and $9500....
Bitcoin (BTC) Makes Constant Efforts To Rise And Cross $11,000; Bouncing Back From The Bears It Was Facing
16.7.2019
Bitcoin was slumping for the past 3 days and is now moving towards having a better outlook. Bitcoin grows above the baseline and has already overcome $10,300 and $10,500 price marks, that served as the major resistances while correcting upsides. As per the current upward momentum, Bitcoin...
Bitcoin (BTC) Bulls in Revision, Slips Below $10,300
15.7.2019
Bitcoin exhibits a slumping stride in the past 24 hours. Just when we thought that Bitcoin would have a real price rally this time, it started dropping in the price correction phase. However, Bitcoin Bull Run is not getting over at the earliest hour, since it is immortal for the crypto community...
After Endorsing McAfee’s $1 Million Prediction, Keiser Doubles Own Prediction
11.7.2019
Since its horrible run ended earlier in February this year after a losing spree of six months, Bitcoin (BTC) has been on a bumper rally and has more than tripled in the last four months. This has led to several bullish predictions throughout the market, some sensible, while others too good...
Iran’s Crypto Mining Is Under The US Radar
8.7.2019
The troubled relationship between the US and Iran has now spilled over to the cryptocurrency sector. After slamming sanctions on a number of petroleum, technology, and industry products of Iran, the US is now working to come up with the legislation that will ban Iran’s access to mine...
Bitcoin Vs Bitcoin Cash: Can Bitcoin Cash’s (BCH) Less Volatility Work as Leverage against Bitcoin (BTC)?
3.7.2019
Both Bitcoin and Bitcoin Cash have shown five price swings each in the last 24 hours. Both the coins have a bullish medium-term outlook until 2019. Bitcoin’s past few days’ movements have impacted many other coins. One of such coins is Bitcoin Cash. Though not exactly the same, one...