After facing a constant stream of buying pressure that led Bitcoin’s price to climb as high as $9,550, BTC faced a large influx of overnight selling pressure that sent it reeling down to lows of $9,200 before it found some support. The sharp decline from $9,550 does make this 2020 high look like a local
Month: February 2020
The zcash community has agreed to continue funding the development of its privacy coin, ZEC, as spearheaded by the Electric Coin Company (ECC) and the Zcash Foundation, according to voting results published by the foundation Thursday. The decision marks the end of a months-long – and often contentious – campaign to address imminent funding losses
Bitcoin has held on to gains again as longer term technical signals start switching to green. An approaching golden cross could yield bigger gains if last year’s pattern repeats. Bitcoin Holding Gains The move above $9,000 this week is holding strong as bitcoin begins to consolidate here. According to Tradingview.com BTC touched $9,430 a few
Cardano will become the most decentralized cryptocurrency in the world, 50 to 100 times more decentralized than Bitcoin once all its upgrades are implemented. At least that’s the word according to Cardano co-founder and CEO of IOHK Charles Hoskinson, who caught up with Cointelegraph at CV Summit, a day-long crypto event running alongside the 50th
Last December Brian Behlendorf is the Executive Director of Hyperledger said that 2019 was a year of “careful, prosaic BUIDLING.” Now, in an interview with CoinDesk’s Michael Casey at Davos, Behlendorf said he believes a lot of what the blockchain ecosystem was building is getting closer to becoming a net positive in the world. Citing
Cryptocurrencies have been struggling over the past few days with increased scrutiny and piling up of bearish signs. Bitcoin, for instance, is nearing a turning point, and according to popular cryptocurrency analyst DonAlt, it is closer to testing support levels of $6,700. Bitcoin Drops Below the 50-Day Moving Average The signs are indicating that Bitcoin
Andrew Yang, who is running for U.S. president in the 2020 election, has explained what his priorities will be regarding cryptocurrency under his administration. He said that crypto investors are finding a way to make use of their investments and regulations cannot impede it. Yang advocates for a uniform, nationwide set of crypto regulations so
At the start of 2018, everyone thought Bitcoin was going to the moon, so to speak. 2017 saw the price of BTC surge by thousands of percent, boosted by retail inflows which itself was caused by the hype around altcoins like Ethereum. Thus, when Bitcoin began to rapidly tumble in the months that followed January
VANCOUVER, British Columbia, Nov. 07, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(OTC:LLNKF)(FRA:C0B), a key player in logistics platforms and payment solutions, is pleased to announce that its subsidiary uBUCK Technologies SEZC (“uBUCK” or the “Company”) has signed a Strategic Alliance Agreement with Deltec Bank & Trust Limited (“Deltec”) to sell uBUCK prepaid debit
Sign up for COINS.PH using my referral link to get PHP50.00 pesos signup bonus when your account is verified. CLICK THIS LINK: https://freelancertofreedom.com/coins ABOUT THIS VIDEO: In this video, i share some tips on when to invest in Bitcoin using Coins.PH. So you will have an idea how to make money in Bitcoin. I also
It’s been 27 hours since my last meal and my body is starting to eat itself. Autophagy, literally self-eating, is the latest dietary trend in the crypto community. More commonly known as fasting, the idea is to abstain from ingesting food for a set amount of time, ranging anywhere from 24 hours to an entire
On January 30, the software developer Pokkst published a blog post sharing his experience of how he’s been maintaining the Java BCH library bitcoincashj for the last 10 months. At one time Pokkst used to develop BTC applications, but then switched to working with BCH in March 2019. The programmer explained how he put a
Bitcoin had an amazing past decade by every definition of the word. The price of the cryptocurrency surged by literal millions of percent since its birth in 2009, some of the world’s most important people — Elon Musk included(!) — gave a nod to the cryptocurrency, and the broader industry began a mainstream technological trend.
Bitcoin has long been disregarded as a speculative asset class that is doomed to fail by mainstream media outlets around the world. The apathy toward the world’s preeminent cryptocurrency has been embodied by countless articles that have either hailed the death of Bitcoin or predicted its impending demise. For the past three years, Cointelegraph has
Richard Rosenblum is co-founder and co-head of trading at crypto liquidity provider GSR. The opinions below are the author’s and do not reflect the position of CoinDesk. Like futures, the launch of bitcoin options on major exchanges has been met with anticipation. Hopeful observers believe the CME’s and Bakkt’s entry into the burgeoning options market
Latest figures show that over three quarters of all existing bitcoin (76.05%) are in profit, meaning that the value is currently higher than last time it was moved. While this ratio fluctuates, historically it has remained above 50% for almost the entire history of Bitcoin. HODLing Bitcoin Pays Off As may be expected, there is