Analyst Who Forecasted Latest Bitcoin Rally Now Predicts Move to $18,000.

Bitcoin’s price has found some notable stability in the time following its intense rally past $11,000 seen yesterday Although the cryptocurrency has not yet retraced following this incredible movement, it does appear to be facing some resistance above its current price levels BTC is now establishing the $11,000 level as support, which is a highly bullish sign – according to analysts One prominent trader who forecasted this latest movement is now noting that the crypto […] origin »

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Power Plants in Iran Now Authorized to Mine Bitcoin.

Power plants in Iran are allowed to mine cryptocurrencies, the deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly confirmed. Mostafa Rajabi Mashhadi, deputy head of Tavanir, explained that entities have to apply for the necessary licenses from the Ministry of Industry, Mine and Trade, and comply with the tariffs […] The post Power Plants in Iran Now Authorized to Mine Bitcoin appeared first on Bitcoin News. origin »

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Cryptocurrency News Roundup for July 28, 2020.

After trading sideways in the range between $9,000 and $10,000 for nearly two months, Bitcoin suddenly woke from its slumber on Monday and recorded an 11-month high around $11,390. Along with the sudden increase in price came the usual speculations surrounding an imminent massive rally, possibly taking the BTC/USD pair to an all-time high over […] The post Cryptocurrency News Roundup for July 28, 2020 appeared first on BeInCrypto. origin »

Bitcoin Stalls After Steep Upward Move.

On July 27, the Bitcoin (BTC) price reached a high of $11,394 after a massive rally. However, the upward move has stalled and the price has been gradually decreasing since. On July 27, the Bitcoin price created a bullish engulfing candlestick, causing the price to reach a high of $11,394, breaking out from the previous […] The post Bitcoin Stalls After Steep Upward Move appeared first on BeInCrypto. origin »

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Cryptocurrency Exchange CEX.IO Adds New USDT/GBP Trading Pair.

LONDON, the United Kingdom – CEX. IO, one of the largest international exchanges on the cryptocurrency market, announces support for a new USDT/GBP trading pair on its exchange platform. As a result and amid rising interest in the stablecoin on the cryptocurrency exchange platform, UK citizens can now use their national fiat currency to purchase USDT […] The post Cryptocurrency Exchange CEX. origin »

Ethereum Retraces After Hitting Crucial Resistance; Here’s How Low It May Dip.

Ethereum is currently retracing following its intense move higher throughout the past few days The cryptocurrency remains technically strong and is sitting well above where it was trading at just one week ago Despite this, analysts are also noting that it recently reached the top of a crucial range seen while looking at its BTC trading pair One analyst is noting that he expects the cryptocurrency’s uptrend to stall here, potentially causing ETH to see […] origin »

Bitcoin is Heading to Break Last Year’s High: Bloomberg Analyst.

The world’s largest cryptocurrency has gone past $10,000 and is trading well into $11,000. During the last bull run, the first time bitcoin hit $10k; it took two weeks to break the ATH of $20,000. This time, Bitcoin has been holding stable for four months when its physiological barrier of $10,000 was broken. However, despite […] origin »

One Crucial Factor Suggests Bitcoin‘s Intense Uptrend is About to Slow Down.

Bitcoin and the entire crypto market are currently consolidating following the immense volatility seen throughout the past couple of days BTC bulls are currently attempting to establish $11,000 as a support level, although they appear to be struggling as the crypto hovers beneath this level The benchmark cryptocurrency also is flashing a few warning signs, including incredibly high funding rates across major trading platforms This has led one analyst to note that BTC needs some […] origin »

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“Utreexo” Launch Is Making Running Bitcoin Nodes Easier.

A new Bitcoin Full Node implementation might help the network become more accessible for anyone to set up and run courtesy the launch of Utreexo last week, reported CoinDesk on Wednesday. Bitcoin Nodes Made Lighter  Developed as part of MIT Digital Currency Initiative (DCI), Utreexo puts the idea of lighter nodes into working code forRead MoreRead More. origin »

Paysafe selects Kraken’s cryptocurrency liquidity for new buy/sell services.

It was announced today that payments platform Paysafe has become the latest business to choose Kraken as a crypto asset liquidity provider. The move comes in advance of Paysafe’s launch of its own crypto buy and sell services through its digital wallets Skrill and Neteller, which provide convenient and simple payment solutions to millions of clients across the globe, […] CryptoNinjas » Paysafe selects Kraken’s cryptocurrency liquidity for new buy/sell services origin »

Ethereum, Stellar, Dogecoin Price Analysis: 29 July.

For many of the market's altcoins, a rally was in the works even before Bitcoin's price hike that enabled it to go past $11k took place. However, in the past day's time, strong bullish momentum in theThe post Ethereum, Stellar, Dogecoin Price Analysis: 29 July appeared first on AMBCrypto. origin »

These Top Coins Including XRP Have Finally Started Moving.

Bitcoin is enjoying a ride with the price now above $11,000. For the first time, the largest digital asset has broken its long-standing trendline resistance that dates back to mid-December 2017. Even Bitcoin dominance has started to recover, which isn’t good for altcoins that have been enjoying a rally for the past few weeks, although […] origin »

Why Bitcoin May Be In For a Fall Towards $6,000.

Bitcoin risks plunging back towards $6,000 purely based on a historical technical setup. The analogy appears after switching a BTC/USD chart from normal to a more precise logarithmic scale. It shows that the cryptocurrency has not precisely broken above its long-term descending trendline resistance. origin »

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Ethereum’s Vitalik Buterin Says DeFi Users are Underestimating Risks.

Ethereum co-founder Vitalik Buterin believes DeFi investors are underestimating smart contract risks on platforms locking billions of dollars these days, he said on a podcast this week. “DeFi is Fine, But Don’t Put Your Life Savings” In an interview marking Ethereum’s fifth birthday (it launched July 2015), Buterin said most DeFi players were not fullyRead MoreRead More. origin »

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How to Buy BTC for Fiat in 2020.

A recent study published by the Tokenist has shown that the number of people who trust cryptocurrencies rather than banks has grown by 27% over the past three years. Crypto has been gaining popularity for a while now – pretty much everyone on the Internet has at least heard of Bitcoin. origin »

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