Recovering the Bitcoin network hash rate (BTC) after an unexpected fall on September 23 is a good sign for the entire cryptosphere. So many representatives of the expert community believe. Recall that last Monday, the amount of computing power used to extract the largest cryptocurrency unexpectedly fell by more than 30%. If on Sunday the hashrate was about 98 exams per second (EH / s), then after a day it decreased immediately to 67.7 EH / s. Hashrate has recovered! It's a good sign! Still bullish! ? #Bitcoin $ BTC pic.twitter.com/1bnADWlHEn – Mia Tam (@_blockandchain_) September 25, 2019 Many users…
Author: BlockchainJournal
As bitcoin and other cryptocurrencies experienced a serious fall, investors wondered “why did the market fall so sharply” and “are new purchases justified with such sharp declines.” Over the past two days, the price of bitcoin has fallen by about 16%, dropping to its previous key support level at $ 9500, then it has moved below the level of $ 8400. Altcoins have got even more: over the past 24 hours, Bitcoin SV has fallen by about 19%, Bitcoin Cash – by 21%. Despite the fact that technical analysis indicates further short-term losses, some key market signals may indicate that…
Well-known trader in the community, Ton Weiss, agreed with the opinion of the critic of bitcoin Peter Schiff that the price is moving to around $ 4,000. Not all subscribers liked the forecast. I agree with @PeterSchiff, however the difference is that once it finds a bottom: above, at or below $ 4k, I will be going ALL IN on $ BTC w / […]
Byte Tree analysts believe that the drop in the BTC rate may be due to a transaction worth $ 1.2 billion – the funds were sent from a private wallet to a crypto exchange. After this operation, a sale began on the market, which affected the aggravation of the volatility of the exchange rate and, in general, the weakening of BTC. The BTC price began to plummet on Tuesday, at first there was a collapse from $ 9,700 to $ 8,500, after which the flagship cryptocurrency fell below the level of $ 8,000. Analysts suggest that this transfer of funds…
RoboForex lead analyst Dmitry Gurkovsky talks about further possible scenarios of the price movement of bitcoin and several popular altcoins. The market continued to move in the framework of the negative scenario and at the moment the best that can happen is a correction before the next wave of decline. For Bitcoin, the lower boundary of the Triangle model will act as a strong area of resistance – until it is broken, […]
California financial company SoFi is ready to offer users of the SoFi Invest platform trading with the most popular cryptocurrencies on the market – Bitcoin, Ethereum, Litecoin. SoFi provides users with access to stocks, ETFs, cryptocurrencies in a single application, the work with which is fully automated and simple. Clients can easily buy or sell cryptocurrency – the application offers an attractive commission and does not set minimums. Users can track fluctuations in the rates of the most popular digital assets. Over the next few months, SoFi will add support for even more assets. The company provides a decent level…
Binance cryptocurrency exchange has added another payment channel for the purchase of cryptocurrencies using Visa and Mastercard bank cards. #Binance Adds Support for Koinal – Buy Crypto With Debit and Credit Cards Ethereum, Bitcoin Cash and XRP. The commission is 2.5% […]
Over the past few days, the BTC rate has been steadily declining, and yesterday the cryptocurrency value plummeted to below $ 8,000, analysts give completely non-optimistic forecasts. On his Twitter blog, financial guru Peter Schiff, who is also president of Euro Pacific Capital Inc., commented on yesterday's BTC price drop from $ 9,700 to $ 7,990. An initial correction of up to $ 8,500 has already allowed Schiff to realize that the loss of $ 1,500 is just the beginning. He explained that BTC fell below the support line of the large descending triangle, which took several months to form.…
Starting next year, more than 25,000 stores in France will start accepting payments in bitcoins . The news was published by one of the largest French newspapers Le Figaro. These agreements were reached thanks to the joint work of a number of digital payment companies. East2PlayPayment and EasyWallet announced a partnership with Global POS to stimulate the adoption of BTC. Thus, the cryptocurrency will be used in 30 new franchises from the first quarter of 2020. These include Boulanger, Foot Locker, Decathlon, Conforama, Maison du Monde, Intersport, Cultura, Norauto and Sephora. When buying, bitcoins will be immediately converted to euros,…
Running Bakkt platform was to become the event of the year, to raise quotes Bitcoin and revitalize the entire industry. That did not happen. Instead of the expected, we received, perhaps, the most high-profile disappointment of the year. Let's see what is the matter here and what to expect from the platform in the future. Bakkt disappointed investors with low volumes The reason everyone was waiting for the launch of Bakkt is because of the way it works. Deliverable futures for bitcoin involve the purchase of the asset itself, which should increase the liquidity of the asset, and together with…