Cryptocurrency Analysis and News Portal
With fewer than four days left till bitcoin's halving, popular interest in the once-every-four-years event is reaching a fever pitch.Google Trends, a barometer for gauging interest in trending search topics, shows searches for "halving" or "bitcoin halving" at five times the peak in 2016, when the blockchain underwent its previous halving event. You're reading First Mover,
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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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On May 7, 2020, the price of a single bitcoin crossed $10,000 per unit in USD value as the network only has four days until the halving, otherwise known as the “quantitative hardening” by some investors. The cryptocurrency’s per annum inflation rate will drop from 3.6% to 1.8% on
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Bitcoin price surges over 5% to trade above $9,700 at the time of reporting. The rally comes as the clocks show 4 days remaining until the BTC halving event.Bitcoin price continues soaring as the hype with BTC halving keeping most enthusiasts awake now and then. Bitcoin halving is expected to
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The closer Bitcoin halving is, teh more predictions we get about teh BTC price in teh nearest future. Some of them are not very optimistic.Much has been said about the looming Bitcoin halving to hold in four days. The Bitcoin halvening event has kept analysts busy, making predictions as to
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After spending the last few days battling to hold prices above the $9,000 resistance, Bitcoin (BTC) price made a strong move by surging to $9,380 on Wednesday morning. The 3.65% move took place on a high volume surge but the price quickly pulled back to $9,126 before moving higher to
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The number of computers running the Bitcoin program fell to its lowest level in almost three years, according to data calculated by one prominent Bitcoin developer. Bitcoin’s total node count fell below 47,000 on Monday, a level not seen since 2017, based on estimates determined by well-regarded Bitcoin developer Luke Dashjr.
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With the halving event just around the corner, analysts predict that BTC will continue its bull run. Bitcoin can reach $10,000 before the event.The king of crypto, as Bitcoin is referred to, since last month when its value was $6,000 has risen and dropped at intervals and most recently hit
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Bitcoin (BTC) staying above $8,000 is a sign of increasing momentum and detachment from the stock market beta-pull, according to Bloomberg senior analyst Mike McGlone.In a new bitcoin report published on May 5, McGlone said that sustaining above this level is necessary to indicate strength.“Bitcoin is showing divergent strength
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