Cryptocurrency Analysis and News Portal
Bitcoin hashrate jumped 23 percent since May 26, signaling more miners are resuming operations on the cryptocurrency’s blockchain network.The rally also continued as Bitcoin’s mining difficulty dropped by over 9 percent on June 4.The rising hashrate indicates a slowdown in miner capitulation, which could assist in sending the bitcoin price
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It appears Bitcoin missed a medium-term upside target above $11,500 after undergoing a significant sell-off in March 2020.The major northward move had appeared out of a Falling Wedge breakout.Bitcoin reentered the Wedge after the crash and followed it with a breakout towards a new bull target near $9,500.The cryptocurrency is
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Ethereum has been able to maintain its position above $200 despite facing some intense selling pressure earlier this week.The cryptocurrency is now attempting to generate some upwards momentum as it fast approaches a key resistance level.Traders do anticipate this level to be surmounted in the days ahead, as its technical
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Gox Rising has offered to buy out creditor claims from the collapsed cryptocurrency exchange Mt. Gox.The Brock Pierce-led outfit will pay $800 per bitcoin claim, either in BTC or cash, to creditors who are unwilling to wait for the finalization of the ongoing civil litigation.“Our payment would be put
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Searches for the keyword ‘Bitcoin’ is trending higher on Google since late-March.The surge in internet volumes is similar to what they were before the 2019 price rally.Interest in the cryptocurrency is booming as searches for the keyword “buy bitcoin” hit a perfect 100 score.A Google Trends search is no moving
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Having recently gone through the third halving, one of the most important events in the ecosystem, Bitcoin (BTC) continues to establish itself as a new asset class and a worthy contender to gold as a new store of value for the digital age. Having seen a dip in price from
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Despite a post-halving rise in bitcoin’s price Wednesday, the current value may not be enough to keep less-efficient miners operating, and that could shift market dynamics. At press time, bitcoin (BTC) was trading up 2.3% over 24 hours at $9,106. The world’s first cryptocurrency is trading above its 10-day and 50-day
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Bitcoin's price is starting to make gains after what turned out to be a rather dull halving event. With daily active bitcoin addresses at the highest level since 2018, interest in bitcoin could be heading even higher.The world’s first cryptocurrency is now trading above its 10-day and 50-day moving averages,
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Rising Bitcoin demand ahead of its mining reward halving has driven Ethereum prices to two-month lows.The second-largest cryptocurrency fell more than 16 percent against Bitcoin from its April 18 top.Traders are trying to gauge the bottom for ETH/BTC amidst the halving FOMO.Ethereum spot rates have plunged following three weeks of continues
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Ripple is facing a strong resistance near the $0.1500 region against the US Dollar. However, XRP price remains well supported above $0.1400 and it could soon start an increase towards $0.1700.Ripple price is trading in a key range above the $0.1400 support level against the US dollar.There are a few
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