Cryptocurrency Analysis and News Portal
Bitcoin (BTC) never saw a bear market in 2019 — and the evidence is easy to find on the blockchain, according to some prominent figures.Data covering various metrics shows that despite recent price volatility, Bitcoin has held strong throughout its eleventh anniversary year.Investors echo that resolve — as the
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The infamous self-proclaimed Bitcoin founder, Craig Wright, is at it again. The Australian computer scientist is resilient in his pursuit to prove he is the one and only Satoshi Nakamoto. That would be commendable if not that each attempt tends to prove his desperation instead.In a recent hard-to-believe-it’s-not-arranged interview, Wright
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In March 2018, shortly after bitcoin’s bull run to $20,000, a publicly-traded Chinese company invested 500 million yuan, worth $80 million at the time, to buy 100,000 bitcoin mining units. As the bear market kicked in during the months that followed, so, too, did a contract dispute, offering a rare window
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Ethereum is climbing higher and trading nicely above the $130 level against the US Dollar.The price is likely to continue higher once it surges above the $150 resistance.There is a rising channel forming with support near $133 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin is up more
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Most of the liquidations that occurred on BitMEX on December 18 were short contracts. It shows that over-leveraged shorts were squeezed out, pushing the bitcoin price up so quick in a short time frame.70% of liquidations were shortsAccording to Skew Research, the overwhelming majority of bitcoin contract liquidations on BitMEX
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A new report from Binance Research shows that many bitcoin miners have been mining Bitcoin SV and BCH to some extent with significantly lower profitability. Other than political reasons, the firm said that non-economic factors contributed to it.Had many miners that focused on BTC over Bitcoin SV and BCH in
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Crypto markets are in the doldrums at the moment, just as they were this time last year. A $10 billion dump on the week looks bad in the short term but things may not be that negative overall. One of the largest players in the industry has been on a
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As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the
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General manager at the Bank for International Settlements (BIS) Agustin Carstens seems to have changed his negative stance towards central bank digital currencies (CBDCs), now stating that such currencies could open up new possibilities.In his speech entitled “The future of money and the payment system: what role for central
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Bitcoin price is recovering and it recently broke the main $7,375 and $7,400 resistances against the US Dollar.The price is likely to start a strong rise to $8,000 once it clears the $7,700 resistance.There is a short term contracting triangle forming with resistance near $7,540 on the hourly chart of
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