Bitcoin

Bitcoin Gearing Up for Another Parabolic Leg After Flying Past Key Resistance

Bitcoin’s prolonged bout of sideways trading at $9,600 has had a bullish resolution, as BTC buyers were able to catalyze an intense overnight rally that led the crypto all the way to $10,000, before it found some support that halted this momentum. Analysts are now noting that this latest movement seems to one again mark […]

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Smart Bitcoin Investors Make Money With These 3 Steps

Bitcoin has proven to be by far the most profitable investment of the past decade, and the next ten years offer even more promise. The most successful BTC investors have followed a series of smart principles, which will be even more important for taking profits moving forward. Not Trying to Beat the Markets On the […]

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Should Millennials Invest in Bitcoin for their Retirement?

As the global pension crisis worsens, millennials, are looking at novel retirement strategies, to protect their retirement security. Will bitcoin serve the purpose? Millennials’ Financial Situation Is ‘Relatively Dire’ Baby boomers, and then Generation X, popularized inflation-ridden investments and various retirement schemes that now are in crisis. Generation X had less money than baby boomers. […]

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‘Pandora’s Box, but for Freedom’: Author Isaiah Jackson on Bitcoin’s Impact

Leigh Cuen is joined by author Isaiah Jackson to talk about financial discrimination and the value bitcoin can offer minority communities.

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This Single Bitcoin Chart Suggests the Roaring Bull Case is Still Alive

There’s no doubt Bitcoin investors across the board are worried right; after Wednesday’s 10% flash crash that took BTC from $10,300 to $9,250, cryptocurrency sentiment shared on social media has been relatively muted, with some sharing their opinion that Bitcoin could be subject to a bear trend. Despite this, a key chart, which depicts BTC […]

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Bitcoin Addresses With Non-Zero Balances Hit All-Time High

The number of new Bitcoin addresses with a non-zero balance is at an all time high, surpassing the number of new addresses hodling BTC when prices hit $20K back in 2017. Bitcoin’s Richest addresses: Not as many as you might think Twitter user @IncomeSharks shared charts from Bitcoin onchain metrics API and Data site Glassnode […]

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Riot Blockchain Plans Sale of Crypto Exchange as It Invests More Millions in Bitcoin Mining

The Nasdaq-listed company is installing thousands of new Antminer devices from Bitmain at its Oklahoma facility.

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Do or Die for Bitcoin Bulls: Here’s A Crucial Breakout Zone For A Sharp Recovery

Bitcoin managed to stay above the $9,350 support area against the US Dollar. BTC price is currently recovering, but it must surpass $9,825 for a strong upward move. Bitcoin price is currently correcting higher from the $9,350 support area against the US Dollar. There is a strong resistance waiting on the upside near the $9,825 […]

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‘Digital Gold’ Label Shifts as XRP Correlation to Gold Outpaces Bitcoin

New data shows that XRP is more deserving of the digital gold label frequently ascribed to Bitcoin. Up until the most recent correction, Bitcoin (BTC) price was repeatedly pushing above $10,300 and attempting to reach a 2020 high above $9,500. 2020 started with a strong upward trend and altcoins followed Bitcoin’s price action, as thoroughly […]

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What Has Caused The Biggest Bitcoin Dump of The Year?

Crypto markets have just hemorrhaged $20 billion in their largest selloff of 2020. Bitcoin plunged almost a thousand dollars in a couple of hours but what has caused it? Just when crypto markets started to look bullish again with total capitalization approaching $300 billion a huge selloff occurred in a matter of hours. Around $20 […]

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Infographic: Who Has Funded Bitcoin Core Development?

Monetarily, free and open-source software (FOSS) has always been at a disadvantage to proprietary software. It’s easier to solicit funding for a centralized project than for a decentralized one, not least of all because companies necessitate business models. Conversely, funding (and the agendas that often come with it) seems almost anathema to FOSS projects. At […]

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Bitcoin to See a Massive Trend-Defining Movement Because of This Simple Pattern

Following yesterday selloff that sent Bitcoin down to lows of $9,500, the cryptocurrency’s buyers have been able to absorb the intense selling pressure and push BTC higher, with it finding some decent stability within the upper-$9,000 region. In the near-term, BTC does appear to be entering another fresh uptrend, as it is currently in the […]

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Is $10,000 Bitcoin’s New $1,000? Price Action Like Pre-2017 Bull Run, Says Analyst

Bitcoin has once again topped the $10,000 level. The leading crypto asset by market capitalisation crossed the psychologically significant level multiple times over the last couple of weeks. For some analysts, the shrinking resistance the Bitcoin price experiences as it crosses into five figures is reminiscent of the crypto’s flirtations either side of $1,000. The […]

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Analyst Who Called 30% Bitcoin Rally Sure Ethereum Ready to Jump Past $300

Over the past day, Bitcoin, Ethereum, and the rest of this nascent market have finally shown signs of recovering after the nearly 10% drawdown seen over the weekend. Per data from Coinmarketcap, ETH is up 6.6% in the past 24 hours, rallying to $282 as of the time of this article’s writing after peaking near […]

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Why FOSS Development Is Crucial for Bitcoin’s Mainstream Acceptance

Crypto likes to see itself as disruptive, just as Apple disrupted mobile phones (and the camera), Tesla disrupted automotive (and also sustainable energy), Twitter/Facebook/WhatsApp disrupted media and communications (and also digital community building). At OKCoin, we embrace this industry because we also believe that bitcoin and subsequent cryptocurrencies represent a paradigm shift in both our […]

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For Square Crypto, the Way to Bitcoin Mass Adoption Is Open Source

When Jack Dorsey founded Square in February 2009, Bitcoin was all of one month old. In fact, Satoshi Nakamoto and Dorsey were likely laying the groundwork for their respective creations concurrently in the year prior. Ten years later, the two would converge in what now seems like an inevitable collision.  Square launched its Venmo-like payment […]

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Microsoft’s ION Is an Open-Source Bet on Bitcoin

Open-source development has always enjoyed a little juice from the private sector. One of the most notable examples is Red Hat Software, a multibillion dollar corporation that has built open-source software for the international community. It was purchased by IBM in 2019 but still carries out its original function. Microsoft is another example of a […]

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Bitcoin Price Returns Above $10K, Here’s Why

Bitcoin’s recent golden cross on the daily chart may have driven bullish enthusiasm for the leading crypto to reach a tipping point. With the upcoming halving, many investors are buying up sub 10K BTC in preparation of the supply-side shock. Golden cross has traders seeing visions of green candles After May, when Bitcoin’s upcoming halving […]

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Bitcoin Now in Firm Bull Territory; Here’s Why a Move to Fresh 2020 Highs is Imminent

Bitcoin (BTC) saw some intense bull-favoring volatility this morning when the cryptocurrency rallied from $9,600 to over $10,000, with the latest upwards movement marking an ardent defense of the support that exists around $9,500. This latest break above $10,000 may lead the cryptocurrency to see significantly further upwards momentum, as it has marked a notable […]

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How Bitcoin Optech Is Connecting the Open-Source and Corporate Worlds

Bitcoin Core and other open-source projects have, over the years, built a range of technologies to improve Bitcoin scaling and the general Bitcoin user experience. With examples including Segregated Witness (SegWit), Replace-By-Fee and the Lightning Network, Bitcoin users have a number of tools at their disposal to utilize the Bitcoin blockchain as best and efficiently […]

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Visa Head of Crypto Sees Bright Future for Bitcoin

Cuy Sheffield, Head of Crypto at credit card giant Visa, envisions Bitcoin Sats as the internet native unit of account for purchases less than one cent. He sees this as the main use case where the leading asset can supersede fiat.   Sats, an internet native micropayment standard 15/ Bitcoin uniquely has a native unit […]

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Signal That Preceded 10% Bitcoin Boom Appears Again, and It’s Big for Bulls

Bitcoin hasn’t fared too well over the past few days, tumbling as low as $9,500 on Monday as sellers have started to liquidate their stacks en-masse. This meant that at the current correction’s worst, BTC was down just around 10% from the local $10,550 high that was set last week. While this plunge seemingly marks […]

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Here’s Why Bitcoin Bulls Need To Be Very Careful Here: A Big Pullback Is Still Possible

Bitcoin declined to a new weekly low at $9,483 before recovering against the US Dollar. BTC is back above $9,700, but it is still trading below a few key hurdles ($9,950 and $10,000). Bitcoin price started an upside correction after trading as low as $9,483 against the US Dollar. There are positive signs on the […]

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