Cryptocurrency Analysis and News Portal
As just around 10 hours are left before Bitcoin halving, many people are trying to guess what may happen to the price of BTC. Let’s have a look at teh current price movement.Bitcoin (BTC) price used to be going up since the Bitcoin halving event neared. According to the estimates,
Read More
After reaching $10k last week, Bitcoin is now trading below $8,700. Bitcoin 2020 halving is around 12 hours away but analysts warn that a second coronavirus wave could stop the Bitcoin rally after halving.After closing last week on a high note, above $10K, Bitcoin price shed almost $1,500 over the
Read More
With the third Bitcoin rewards halving scheduled in approximately 14 hours at the time of press, the average value of transaction fees has surged more than 300%.According to data available on Bitinfocharts, the average transaction fees for Bitcoin (BTC) on May 8 peaked at $3.19, an increase of over 300%
Read More
In the last 3 hours Bitcoin (BTC) price gained 2.63% after dropping to $8,256 earlier in the day. With just less than 24-hours before the block reward halving is scheduled to take place, traders are likely biting their nails and anxious to see if the top ranked crypto-asset on CoinMarketCap
Read More
Pre-halving speculation has driven historic volumes of crypto trade, with April 30 producing the second-strongest single day for volume on record according to a report published by market data aggregator, CryptoCompare.Notional volume for BTC options on Chicago Mercantile Exchange, or CME, also tagged a new record in recent days, with
Read More
We have almost reached Bitcoin’s third halving where the network halves the block reward from 12.5 Bitcoin (BTC) to 6.25 BTC. This event has recently ignited strong market interest where Bitcoin broke through $10,000 on May 8, 2020, fully recovering from the Black Thursday crash. Meanwhile, the total cryptocurrency market
Read More
In a touch more than 24-hours time, the third bitcoin halving will take place on May 12, 2020, on or around 9:50 p.m. ET. Miners will see their revenues slashed in half from 12.5 coins to 6.25 BTC after the halving and speculators wonder what will happen after the
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, whales
Read More
At 12:40 A.M. UTC time Bitcoin (BTC) price dropped from $9,574 to $8,112 in the course of 15 minutes. The 15.30% drop came after the top ranked digital asset on CoinMarketCap struggled to reclaim the $9,800 support after falling below the support which formed the base of a bull pennant and
Read More
U.S.-based mining firm, Riot Blockchain, has more than doubled the number of next-generation Bitcoin (BTC) miners it has purchased, buying 1,040 Antminer S19s from Bitmain on May 6. The additional miners cost the firm $1.9 million, following Riot’s purchase of 1,000 S19s Pros, revealed on April 30.Riot predicts 80% increase in
Read More