Bitcoin [BTC] drops below the support from the descending channel as leading derivative’s trader Tone Vays calls it quits for the bulls. In his recent [...]The post Bitcoin Price Downturn has Leading Analyst Call it Quits for Bulls Below $7650-$7800 appeared first on Coingape.
After six days of a strong uptrend, Bitcoin and other crypto assets finally slipped on Wednesday. The leading digital asset fell to $7,800, down 8% from its weekly high, while altcoins posted very similar losses. While the selling pressure has slowed at the moment, with BTC finding support at $7,800, leading other cryptocurrencies to stabilize, […]
China is continuing its blockchain-positive, anti-anonymity course with the new Cryptography Law — it requires private firms to reveal their encryption services and more
In a recently published annual report on Bitcoin mining for 2019, TokenInsight spoke about mining-related financial products that are available today, and how they might change in 2020. According to tThe post Bitcoin mining-related financial products to rise this year: Report appeared first on AMBCrypto.
Voice, the social media app developed by Block.one, has recruited Forbes’ global Chief Digital Officer Salah Zalatimo as CEO. Zalatimo is slated to start Jan. 20, according to a blog post released today. The firm behind the EOS blockchain also said that Voice is expected to launch a public beta on February 14, 2020. Block.one […]The post Block.one’s social media app Voice poaches Forbes exec as CEO appeared first on The Block.
Bitcoin’s recent volatility has extended into today, with the cryptocurrency seeing massive volatility this afternoon when bulls attempted to push BTC back to $8,000, which was a movement that ultimately resulted in yet another rejection. It is important to note that BTC has been able to hold above a key support level in the near-term, […]The post Bitcoin shows signs of topping as analysts watch for a bearish reversal appeared first on CryptoSlate.
TokenInsight recently published its annual research report regarding the cryptocurrency mining industry in 2019. The report spoke about how most developed countries today have relatively progressive aThe post Bitcoin mining now seeing progressive attitudes from developed countries appeared first on AMBCrypto.
Quick TakeDiscussion around Bitcoin’s imminent issuance halving has predominantly been framed as an innately bullish event, ignoring network security implicationsRegardless of any dollar value appreciation, Bitcoin’s Security Ratio, calculated as miner revenue over network value, is set to halve, opening up the potentially debilitating for speculative attacksFor Bitcoin’s Security Ratio to stay at pre-halving levels post-halving, fee revenue must increase roughly 4300%
After posting what appeared to be a grim break below $8,000 yesterday, Bitcoin’s bulls have thus far been able to step up and defend a key monthly support level that is the only thing stopping BTC from posting significantly further losses. The cryptocurrency’s ability to hold above this level is bullish, and further confirms the... The post appeared first on NewsBTC.
The conflict between the U.S. and Iran served as an example of how Bitcoin has evolved as a safe-haven asset in times of global turmoil. Bitcoin is Becoming a Hedging Asset The U.S.-Iran relations reached a critical point after American forces carried out a predawn airstrike at an Iraqi airport in Baghdad on Jan. 2. […]The post Bitcoin Shows Signs as Safe-Haven Asset During Global Turmoil appeared first on Crypto Briefing.