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5 Chinese-Based Entities Control 49.9% of Bitcoin (BTC) Hash Rate: TokenAnalyst Report

According to the latest report of TokenAnalyst, Bitcoin is more centralized than ever before. Bitcoin a decentralized and nearly trustless system to transfer and safely store value. But in 2020, it has started to “become a highly centralized system that places an increasing amount of trust in a small number of large entities.” The report […] дальше »

2020-2-2 00:16


Sorry Bulls, Bitcoin to Remain in Firm Downtrend Until This Key Event Occurs

Bitcoin has continued trading sideways within the lower-$7,000, with this latest bout of consolidation coming about after a failed attempt by BTC’s bulls to spark a rally yesterday. Bull’s inability to sustain any significant upwards momentum points to underlying weakness amongst buyers and may signal that further losses are imminent. дальше »

2019-12-31 02:00


Analyst: here’s why Bitcoin is bound to see further bullishness despite $7,700 rejection

Bitcoin’s bulls took a hit today after the cryptocurrency faced a violent rejection at $7,700 that led BTC as low as $7,250 before it found enough support to halt this downwards movement. It is important to note that recent fundamental and technical developments still heavily favor the cryptocurrency’s buyers, which may mean that this latest […] The post Analyst: here’s why Bitcoin is bound to see further bullishness despite $7,700 rejection appeared first on CryptoSlate. дальше »

2019-12-24 06:16


Futures data suggests latest Bitcoin rally is just short-covering, most Bakkt contracts aren’t being settled

A massive drop in open interest on the CME and Bakkt Bitcoin futures contracts indicates short-covering has fueled BTC’s latest rally, likely egged on by the expiry of Bakkt’s December contract. On Tuesday, open interest rocketed more than 1,000 percent on the cash-settled CME contract for December, the day after Bakkt hit an all-time-high for […] The post Futures data suggests latest Bitcoin rally is just short-covering, most Bakkt contracts aren’t being settled appeared first on CryptoSlate. дальше »

2019-12-19 15:00


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Key indicator shows its good time to accumulate as Bitcoin price touches $7800

As the Bitcoin price surpassed $7,500 on Nov. 27th, a key long term trend indicator showed that it is still a good period to accumulate BTC. Since the Ecoinometrics team released its latest “Daily Bitcoin Mayer Multiple Report” citing the Mayer multiple, a ratio of the Bitcoin price to 200-day moving average, the Bitcoin price […] The post Key indicator shows its good time to accumulate as Bitcoin price touches $7800 appeared first on CryptoSlate. дальше »

2019-11-29 17:57


Spare us the BTC obituaries, institutional interest in Bitcoin is on the up

Market sentiment seems to have taken a thrashing from Bitcoin’s latest capitulation, but institutional investors may be committing themselves to BTC now more than ever. The Crypto Fear & Greed Index, an aggregate of various social and technical indicators measuring sentiment in the crypto market, has lurched towards “extreme fear” in tandem with Bitcoin’s month-long […] The post Spare us the BTC obituaries, institutional interest in Bitcoin is on the up appeared first on CryptoSlate. дальше »

2019-11-27 12:11


China Reinforces ‘Blockchain Not BTC’ Saying Cryptos Are ‘Unregistered Security’ & ‘Illegal Ponzi’

China is taking serious action against cryptocurrencies, solidifying its stance on “blockchain not bitcoin. ” Dovey Wan, Founding Partner at Primitive Crypto shared the latest developments where CCTV1, the national flagship television network of the People's Republic of China featured a 60-minute investigative program on cryptocurrency. дальше »

2019-11-18 18:51


Blockchain development platform Chainstack adds support for Bitcoin (BTC)

Chainstack, a fully managed service to create and manage scalable blockchain networks, announced it has added Bitcoin as the latest addition to its multi-protocol line-up. Developers can now make unlimited requests to free gateways to the Bitcoin network via shared Chainstack nodes Developers of applications looking for a large-scale performance can instantly deploy their own dedicated […] CryptoNinjas: Blockchain development platform Chainstack adds support for Bitcoin (BTC) дальше »

2019-11-18 16:37