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Bitcoin could soon revisit 2020 highs as mid-term bottom forms says analyst.

Bitcoin has been caught within a relatively tight trading range over the past week, with BTC oscillating between weekly lows of $8,200 and highs of just under $8,800. The lack of decisive momentum has led some analysts to note that the cryptocurrency’s bullish market structure could be at risk of being invalidated in the near-term, […] The post Bitcoin could soon revisit 2020 highs as mid-term bottom forms says analyst appeared first on CryptoSlate. origin »

This Class of Once Hyped Altcoins Is Headed To Zero.

The crypto market is driven almost solely by hype and speculation, especially when it comes to altcoin assets outside of the top ten cryptocurrencies by market cap. One subset of once-hyped altcoins is now approaching an average return of 0% after 200 days, suggesting that no one in their right mind wants to hold this... The post appeared first on NewsBTC. origin »

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Bitcoin Rises Stocks Dive on Coronavirus Concerns.

Bitcoin has gained $400 from $8,300 to $8,700 since yesterday in what appears to be a potential market reaction to a virus outbreak in China. Most global stock markets are... The post Bitcoin Rises Stocks Dive on Coronavirus Concerns appeared first on Trustnodes. origin »

Bitcoin's yet another climb to $9,000: 'Here we go again'.

Bitcoin's climb from lower $8,000s to mid-$8,000s was an expected move. However, as mentioned in the previous article, there was a chance of Bitcoin climbing higher; and this chance still persists as The post Bitcoin's yet another climb to $9,000: 'Here we go again' appeared first on AMBCrypto. origin »

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IOTA (MIOTA) Tangle Technology Uses Far Less Energy Than Bitcoin (BTC).

Digiconomist, a platform that claims to be dedicated to exposing the unintended consequences of digital trends from an economic angle, has evaluated the energy consumption of IOTA (MIOTA) and Bitcoin (BTC) and discovered that the latter uses over 10x more energy to carry a 1 BTC transaction as compared to IOTA’s Tangle, according to reportsRead MoreRead More. origin »

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Deutsche Bank: Crypto Won’t Kill Cash Anytime Soon.

Researchers at Deutsche Bank say cash will not become obsolete in the near future even with the growing pivot towards cryptos and other forms of digital currencies. Crypto Hasn’t Accelerated the End of the Cash Era In a January 2020 report published by Deutsche Bank researchers argued that despite the popularity of cryptos and the apparent war on cash payments by some countries, the end of the cash era isn’t near. origin »

Interest Rate Swaps Coming to DeFi with Cherry Swap.

CherrySwap v2, an automated market maker for interest rate swaps, is an early insight into how DeFi can absorb traditional finance by recreating similar mechanisms in a permissionless manner.   Hedging Positions and Swapping Money  Bitcoin was the direct result of technologists and cryptographers experimenting in the world of finance. origin »

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Dash May Have 1 Million Users in Venezuela by Year’s End.

According to reports from digital currency Dash, active user wallets in Venezuela have increased 562% since May. A remarkable 29% increase bolstered this number during December alone. A PR representative at Dash, Mark Mason, also clarified that the exploding number was not based on user installs but active ones instead. origin »

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