Tag: Bitcoin News

After a long struggle, bitcoin price was able to break the USD 7,800 and USD 7,850 resistance levels. BTC/USD is currently (08:30 UTC) gaining bullish momentum and it might to continue higher above USD 8,000 and USD 8,050. The next major resistance is near USD 8,320 and USD 8,400. Also, there were strong bullish moves…
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A Chinese municipality has formally requested Beijing’s permission to allow it to offer surplus electricity to the region’s “blockchain industry” – believed to be code for bitcoin (BTC) miners. The move could have potential knock-on effects for the wider crypto community, and could see potentially reduce BTC mining costs in the lead-up to the next…
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A new twist of the popular bitcoin (BTC) stock-to-flow (S2F) model has recently been published by the model’s pseudonymous creator Plan B. And judging from the updated model, S2F believers may now hope that BTC will hit almost USD 300 in a few years. The updated price model, dubbed the Bitcoin S2F Cross Asset Model…
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Bitcoin (BTC)’s usage in Argentina may not be connected with a desire to buy fiats like the United States dollar, says an industry expert, who says that Argentinians could well have more nuanced reasons for snapping up vast quantities of the world’s favorite cryptocurrency in recent weeks. As reported last month, after trading volumes rose…
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In the past few sessions, bitcoin price struggled to surpass the USD 7,850 and USD 8,000 resistance levels. BTC/USD is currently (08:00 UTC) consolidating above USD 7,650 and likely preparing for the next key break. It could either rally above USD 7,850 or start a substantial decline towards USD 7,200. Similarly, most major altcoins are…
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A Bitcoin (BTC) aficionado has pulled off a famous cryptocurrency-related e-sports first – by beating a pro-NASCAR driver in a racing game. Bryan Cook, who goes by the name of Boris on Twitter, won his virtual NASCAR race in a car emblazoned with Bitcoin logos, beating pro driver Kyle Busch, the reigning NASCAR Cup Series…
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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 TokenInsight, a token data and rating agency, reports that the total crypto derivatives trading volume in the first quarter of 2020 reached USD 2.1 trillion, which is an increase…
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Source: iStock/da-kuk The market sentiment looks improved today compared to seven days ago. Following a small drop to 5.2/10 last week, the combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins surpassed its highest level in the past five weeks – that of 5.27 from two weeks ago – and now…
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This past week, there was a decent upward move in bitcoin price above the USD 7,200 resistance area. BTC/USD even surpassed the USD 7,550 resistance to move into a positive zone. The price is now (08:00 UTC) facing hurdles near USD 7,850 and USD 8,000, and it is likely preparing for the next rally. Similarly,…
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