Bitcoin Stalls in the Mid-$6,000s as Stock Market Rally Continues For over 48 hours, Bitcoin has flatlined — establishing a tight, less-than-10% range in the mid-$6,000s. This comes after BTC embarked on a 25% rally from the $5,000s to a price as high as $7,100 that transpired this weekend and early this week, which coincided […]
Month: March 2020
Coronavirus the Halving and a Price Drop: Bitcoin Mining Marches On
Coronavirus, the Halving and a Price Drop: Bitcoin Mining Marches On CoinShares, a Jersey-based asset management firm with offices in London and New York that provides advice and other services for investors, released a statement on the state of Bitcoin mining during the global uncertainty caused by the coronavirus, ahead of a planned, more thorough […]
The King of Blockchains Bitcoin Can Become the Foundation for Web 30
The King of Blockchains, Bitcoin Can Become the Foundation for Web 3.0 Bitcoin remains the undisputed “king” of blockchains. Bitcoin’s dominance has increased significantly since the experimental times of 2017. Bitcoin has survived many attempted forks and “civil wars” and has established itself as the reserve cryptocurrency; people fall back to Bitcoin in bear markets. […]
Covid-19 Takes Its Toll While Markethive Thrives
Covid-19 Takes Its Toll While Markethive Thrives As the situation worsens with the Coronavirus on a global scale, we are promised unprecedented financial aid by governments, not to the big banks as was carried out in the GFC of 2008, but to the individuals of the population in many countries in order to stimulate the […]
COVID-19 Causes Bitcoin Value Drop to 4000 Starting a Zig-zag Action Could Set a Three Month Lateral Market
COVID-19 Causes Bitcoin Value Drop to $4000 Starting a Zig-zag Action Could Set a Three Month Lateral Market COVID-19 is making its way around the globe, so markets have been shedding value at a fast pace. Bitcoin value is not immune to this as it has disrupted people’s normal activities which can include trading online. […]
Bitcoin Prices Losing Strength as COVID-19 Slows World Economies
Bitcoin Prices Losing Strength as COVID-19 Slows World Economies Bitcoin prices are losing strength as news turns neutral and international trade slows due to external factors. This drop could be fallout from the financial market slump due to COVID-19 virus stalling world economies. Long Term Analysis The trend could head to $8000 support, during current […]
Thoughts for the week Mar 24 2020
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Top Bitcoin OTC Brokers: Trade Large Volumes
Top Bitcoin OTC Brokers: Trade Large Volumes Do you want to buy a large volume of Bitcoin? Do you want to sell a lot of Bitcoin? Read on.. as this is going to be interesting. As we all know, there are more ways than one to buy Bitcoins and other cryptocurrencies. Popular options are […]
Bitcoin Traders Can Now Stack Sats By Shorting Gold Price
Bitcoin Traders Can Now Stack Sats By Shorting Gold Price Phemex, a cryptocurrency derivatives exchange, has added a gold/USD trading pair. This move opens the door for Bitcoin traders to take advantage of declining gold prices. It is also a further step in the maturation of the crypto market. BITCOIN TRADERS WANT A GOLD OPTION […]
French court officially recognizes Bitcoin as money
French court officially recognizes Bitcoin as money Bitcoin France The Nanterre commercial court in France has ruled that Bitcoin (BTC) is recognized as a currency – a development that could have a significant impact on the cryptocurrency market in France. Recently, financial regulators in Germany have classified cryptos as financial instruments, which further promotes the […]