Cryptocurrency Analysis and News Portal
Bitcoin has continued to rally higher since our last market update, recently retaking $9,300 for the first time since the crash on the morning of May 10th.Bitcoin’s price action from May 8 to today charted by TradingView.com.This strong recovery comes after Bitcoin fell as low as $8,100 due to a
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After falling as low as $8,100 just an hour or two out from the halving, Bitcoin has shot back towards the daily highs. In the 30 minutes since the block reward halving came to pass, the cryptocurrency surged from $8,400 to a high of $8,825 — a bout of growth
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With the halving just a few hours away, investors and “hodlers” alike are growing overwhelmingly bullish about what the future holds for Bitcoin.Venture capitalist Tim Draper, for instance, argues that the supply shock could see the flagship cryptocurrency surge towards $250,000. Meanwhile, former hedge fund manager Raoul Pal believes that
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The Bitcoin (BTC) price surpassed $10,000 on Thursday, completing a V-shape recovery from its fall to $3,600 back in March. Traders believe that the rally is just beginning for the top-ranked cryptocurrency by market capitalization as a confluence of positive factors is fueling the uptrend.Purely based on technicals, analysts anticipate
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As the coronavirus pandemic continues to unfold and new signs of lockdowns beginning to be slowly lifted in Europe, all eyes in the crypto community are back on the Bitcoin (BTC) halving. The event is only 10 days away, and Bitcoin’s price seems to be acting accordingly, having surged an
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HomeNewsEthereum NewsEthereum Soars Over 125% Since March: What to Expect Now? Almost all markets across the world have been in turmoil owing to the economic uncertainties brought about by the coronavirus pandemic, and in that regard, the crypto market has been no different. However, one of the major cryptocurrencies to have
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HomeNewsEthereum NewsETH is in Focus Ahead of Ethereum 2.0: What to Expect? The crypto space has not been in the best of health over the past few weeks as the coronavirus pandemic and the associated turmoil in the markets took its toll. However, that does not mean that important developments have
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The block reward halving for BTC is 32 days away and crypto businesses and mining operations are steadily preparing for the event. Today, Bitcoin’s hashrate is hovering just above 100 exahash per second (EH/s) and one year after the 2016 halving, the digital asset’s price and hashrate climbed over 240%.
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Many industry experts hold varied expectations for Bitcoin’s price following the block reward halving in May, proving 2020 is anything but mundane. “On both prior occasions, Bitcoin surged to a new all-time high within 12 months, with the latest coming in December 2017 when the price reached about $20,000, which
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A user poll conducted by Kraken has revealed that most traders are expecting Bitcoin (BTC) to break into new all-time highs before 2021.The poll analyzed the responses of 400 “VIP” crypto traders on Kraken: 41% of respondents described themselves as “investors”, 40% identified as “traders”, and 15% as “institutions” —
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