As China’s dominance in Bitcoin (BTC) mining has already decreased this year, Europeans are taking even more steps to become more attractive to crypto miners. At the same time, BTC miners in the US also have ambitious plans. While Ukraine plans to offset the financial chaos of the coronavirus pandemic with nuclear-powered crypto mining, the…
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With the halving in Bitcoin (BTC) block subsidy now behind us, all eyes are on the BTC market, searching for signs that the reduced supply will lead to rising prices. However, there is a continued interest in bearish bets on the bitcoin options market. As reported last week, open interest in bitcoin options surpassed USD…
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Oki Matsumoto. Source: a video screenshot, Youtube, JapanSocietyNYC The CEO of the Monex Group, a major Japanese securities company has advised investors to buy bitcoin (BTC), gold and American stocks. In a blog post, Monex chief Oki Matsumoto stated that first-time investors would be advised to stay away from conventional liquid assets in favor of…
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Source: Adobe/AA+W People have shown more interest in Bitcoin (BTC) – in what it is, as well as in buying the most popular cryptocurrency – in the period leading to the May halving than in more than two years before it, including the 2019 rally. To get a better understanding of how popular BTC has…
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Major names in finance are raising the alarm that stocks are vastly overvalued – more so than ever. Should the traditional market crash again, how would this affect bitcoin (BTC)? Analysts believe that BTC would feel the impact, but, this time, there is a chance it might be different. Legendary investors Stan Druckenmiller and David…
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After a successful close above the USD 9,000 resistance, bitcoin price gained bullish momentum. BTC/USD surged above the USD 9,200 and USD 9,400 resistance levels to move further into a positive zone (08:00 UTC). Going forward, a close above USD 9,550 might open the doors for a push towards USD 10,000. Similarly, there was a…
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Source: Adobe/pamela_d_mcadams Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Japanese crypto exchange GMO Coin is on the verge of releasing a stablecoin, reports Coin Post. The token, named GMO Japanese YEN (GYEN), needs to gain regulatory…
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It took a few days for bitcoin (BTC) price to return above the USD 9,000 level after crashing on the eve of the third mining reward halving. At pixel time (13:30 UTC), BTC trades at c. USD 9,094 and is up by 4% in a day, almost erasing all its weekly losses. The price is…
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After the third halving, Bitcoin (BTC) fees are on the rise again, as it’s getting more difficult to get a transaction included into the nearest block. After reaching its highest point in the past ten months of USD 3.19 on May 8, the average BTC transaction fee dropped 40% to USD 1.92, just two days…
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After halving, bitcoin price managed to settle above the USD 8,550 pivot level. BTC even climbed above the USD 8,850 resistance, but it seems like it is facing a major resistance near the USD 9,000 zone. If there is a clear break above USD 9,000, the price could start a strong rally. Looking at most…
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