Cryptocurrency Analysis and News Portal
Nasdaq-listed cryptocurrency mining firm Riot Blockchain has demonstrated a remarkable monthly growth of average daily run rate of Bitcoins (BTC) mined, in February.The United States-based firm has seen a 147% increase in the average daily run rate of BTC mined, against the average daily production run rate for December
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Since the start of the year Bitcoin (BTC) has gained approximately 41% and on Feb. 5 the crypto asset thrilled investors as the price broke through the $9,500 resistance and rallied to set a new yearly high at $9,745. In light of Bitcoin’s strong trend reversal from its 2019 bottom
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The price of Bitcoin SV (BSV) fell sharply on Tuesday after a day of lower volumes of trading even though its parent blockchain underwent a major upgrade.Bitcoin SV removed block size limits, a thorn that has so far kept blockchains from achieving full-fledged scalability, in its so-called Genesis Hard Fork.
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Bitcoin price is showing positive signs above the $7,400 resistance area against the US Dollar.The price is likely to clear the $7,560 and $7,600 resistances to continue higher.There is a major bullish trend line forming with support near $7,490 on the hourly chart of the BTC/USD pair (data feed from
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Privacy-oriented blockchain web browser Brave has seen its monthly active users (MAU) almost double from 5.5 million in 2018 to 10.4 million in 2019. At the same time, Brave’s daily active users (DAU) have tripled over the past year to reach 3.3 million, the firm announced Dec. 5.According to
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Bitcoin price is back to where it started and trading below the $7,380 resistance against the US Dollar.The price is currently under pressure, but it is likely to hold the $7,100 support area.There is a short term contracting triangle forming with resistance near $7,220 on the hourly chart of the
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Bakkt is easily one of the most interesting platforms in the crypto market. Operated by the Atlanta-based Intercontinental Exchange (ICE), the platform is designed to push Bitcoin much deeper into mainstream adoption, by offering physically settled Bitcoin futures contracts. Bakkt initially had a very disappointing start, making many believe it
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Bitcoin looks poised to post the biggest monthly loss of 2019, despite the recent recovery from six-month lows. Source
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Bitcoin needs to rise by more than $1,000 in the next three days to invalidate bearish pressures, according to Mike Novogratz and Willy Woo. Source
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Bitcoin price is trading in a downtrend below $8,800 and $9,000 against the US Dollar.The price is currently declining and it seems to be struggling near the $8,840 level.Yesterday’s major bearish trend line is active with resistance near $8,920 on the hourly chart of the BTC/USD pair (data feed from
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