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More than Half of Global Bitcoin Hash Rate Is Controlled by One Single Province in China

Coinspeaker More than Half of Global Bitcoin Hash Rate Is Controlled by One Single Province in China A recent report has confirmed that not only does China control a large percentage of Bitcoin’s worldwide hash rate, but most of it also comes from just one province. More than Half of Global Bitcoin Hash Rate Is […]

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Ethereum Price & Technical Analysis: Nothing Stops ETH from Declining

Coinspeaker Ethereum Price & Technical Analysis: Nothing Stops ETH from Declining On Thursday, December 12th, the ETH is still declining, trading at $141.83. Ethereum Price & Technical Analysis: Nothing Stops ETH from Declining Continue reading at Coinspeaker

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How Bitcoin’s $2.2 Trillion Transaction Value Speaks Volumes

There is a wealth of data and differentiating metrics that can offer real insight in bitcoin and its potential. Bitcoin Transaction Values Unraveled A recent article by director of research at Fidelity Digital Assets, Ria Bhutoria, has delved deeper into transaction value on the bitcoin network. The ledger, which uses the unspent transaction output (UTXO) […]

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Chinese Bitcoin Miners Control Two-Thirds of Global Hashrate

Chinese Bitcoin miners have extended their share of the global hash rate. Currently, they control two-thirds of Bitcoin’s processing power, Reuters reported yesterday, citing a research by CoinShares. Chinese Share of Bitcoin Hashrate Highest Since At Least 2017 Currently, Chinese miners control 66% of Bitcoin hashrate. The indicator refers to the Bitcoin-related computing power that […]

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Bitcoin Eyes Minor Price Bounce After Hitting Two-Week Low

Bitcoin has potential for a small price bounce after hitting two-week lows early on Thursday.

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Ethereum Price Targets 9 Month Low as DeFi Markets Strengthen

It has been another miserable week for Ethereum as prices continue to erode. Further declines today have left the world’s second largest crypto asset in danger of hitting a nine month low. Decentralized finance (DeFi) markets are in an opposing trend with continued growth in the sector. Ethereum Hits $140 Ethereum is still deep in […]

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Bitcoin & Crypto Market Bleeding: BNB, BCH, LTC, EOS Analysis

The total crypto market cap is declining and struggling to stay above the $188.0B support. Bitcoin price is down more than 2% and it broke the $7,200 support area. Litecoin (LTC) price is declining and approaching the $43.20 support area. BCH price is somehow holding the main $200 support area. EOS price is sliding and […]

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Bitcoin (BTC) Breakdown Below $7K Likely, $6.5K Could Be Next

Bitcoin price is declining and it is now trading below the $7,200 support against the US Dollar. The price is likely to struggle near the $7,200 and $7,280 levels if it corrects higher. There is a key bearish trend line forming with resistance near $7,190 on the hourly chart of the BTC/USD pair (data feed […]

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Economic Uncertainty, Restrictions in Argentina Show Power of Bitcoin

In the weeks following dramatic new restrictions regarding the acquisition of both bitcoin and USD in Argentina, the local crypto community has reacted in a number of interesting ways, showing both the possibilities of Bitcoin as a financial tool in the face of government constraints as well as the decentralized crypto asset’s resilience to measures […]

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Enterprise Blockchain on … Bitcoin? Bitfury Is Giving It a Go With Exonum

“Blockchain, not Bitcoin.” This rallying cry became a hallmark of the 2017 market boom and continued to reverberate in the subsequent cryptocurrency bear market. Entrepreneurs and institutions from every corner of every industry tried to shoehorn blockchains into use cases for everything from pharmaceuticals to bananas.  “Just slap a blockchain on it,” the idea went, […]

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Nike to Start Tokenizing Its Shoes on Ethereum Making Them Limited Edition

Coinspeaker Nike to Start Tokenizing Its Shoes on Ethereum Making Them Limited Edition Footwear giant Nike patented shoes that are tokenized as a non-fungible token (NFT) on the Ethereum blockchain. Nike to Start Tokenizing Its Shoes on Ethereum Making Them Limited Edition Continue reading at Coinspeaker

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Bitcoin Longs Near All-Time High, TD9 Reaches Sell Signal

Long positions taken on Bitcoin on the popular crypto exchange Bifinex are nearing an all-time high, all while the leading cryptocurrency by market cap continues to fall. It could suggest that a very large whale is taking a massive position in Bitcoin ahead of the upcoming halving, in preparation for a rally and bull market. […]

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Bitcoin Price: ‘Legendary’ Golden Cross Could Push BTC to New Peak in 2020

A legendary long term bitcoin price technical indicator could pave the way for brighter days ahead next year. Bitcoin Price Poised For Big Move The short term picture for BTC is pretty grim. Since its peak this year the digital asset has corrected 47% to current prices. A few hours ago bitcoin price dipped again […]

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Bakkt opens Bitcoin options market as boon-or-bane debate catches fire

“Coming out of the 2008 financial crisis, the legit criticism of regulators was along the lines of: where were they during the expansion of the real estate mortgage bubble, why didn’t they take steps The post Bakkt opens Bitcoin options market as boon-or-bane debate catches fire appeared first on AMBCrypto.

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Cryptocurrency Is Most Useful for Breaking Laws and Social Constructs

Decentralized systems forsake scale, speed and cost in favor of one key feature: censorship resistance. Get used to it.

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Bitcoin Price Analysis: BTC/USD Deadly Bearish Pattern Targets $6,000

Bitcoin price continues with the hunt for fordable support or bottom. The forming falling wedge pattern likely to force a reversal above $8,000 and towards $9,000. Bitcoin has given up the support at $7,500 once again. The previous time BTC gave up the same support, the price plunged close to $7,000. The recovery on Friday […]

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Bitcoin Addresses With Any Balance Hit All-Time High

According to data compiled by Coin Metrics, a crypto asset market analysis firm, the number of Bitcoin addresses that hold any amount of satoshis reached a new all-time high between October and November 2019. According to the data, more than 28,393,045 addresses held some balance of bitcoin in that period, eclipsing a previously achieved all-time […]

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Binance iOS App Now Allows Enormous Bitcoin and Ethereum Margin Trading

Coinspeaker Binance iOS App Now Allows Enormous Bitcoin and Ethereum Margin Trading Binance margin trading app now allows iPhone users to trade with 125x leverage on Bitcoin and 50x leverage on Ethereum. Binance iOS App Now Allows Enormous Bitcoin and Ethereum Margin Trading Continue reading at Coinspeaker

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Bakkt Scorned as Cash-Settled Bitcoin Futures Launch in Singapore

It appears that the digital currency community has very much fallen out of love with the Bakkt platform. Prior to its launch, the ICE-backed Bitcoin futures platform was heralded as one of the most positive development for digital currency. However, less than three months later, as the platform is busy launching more Bitcoin derivatives, people […]

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If Bitcoin Price Closes Under $7,400, Strong Drop Could Follow; Here’s Why

Bitcoin has finally started to show some signs of weakness after stagnating above $7,500 for days on end, recently dipping under the key support in and around $7,400. As of the time of writing this, the cryptocurrency is trading for $7,350 on many major exchanges, posting a 2% loss in the past 24 hours. Related […]

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Ethereum (ETH) Stuck In Range Below Key Resistance, Bitcoin Struggling

Ethereum is struggling to clear the key $152 resistance area against the US Dollar. The price is declining and it is now trading near the $146 support area. Yesterday’s major bullish trend line was breached with support near $148 on the hourly chart of ETH/USD (data feed via Kraken). The price could continue to move […]

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Cryptocurrency Liquidity Issues Clear as MATIC Collapses 70% in an Hour

The reason the majority of the cryptocurrency market has under-performed this year is lack of liquidity. Add margin trading to that and the potential of massive cascades in price arises as holders of the altcoin MATIC have just found out. Cryptocurrency Collapse: MATIC Dumps 70% A few hours ago MATIC dumped a whopping 70% in […]

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Echo Launches Bitcoin Sidechain, a Weighted Approach to More Functionality

In late November 2019, the Bitcoin-based DApp network Echo announced the launch of a Bitcoin sidechain on its blockchain testnet. It framed the release as a critical step in its mission to establish decentralized financial applications that leverage BTC as a native asset for lending, trading and more.  “The launch of the Bitcoin sidechain on […]

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