After trading to a new 2020 high near USD 10,200, bitcoin price started a corrective decrease. BTC/USD traded below the USD 10,000 level and even broke the USD 9,850 support area. The price is now approaching the USD 9,650 and USD 9,550 support levels, where the bulls are likely to emerge. Similarly, there was a…
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After bitcoin (BTC) forcefully broke through the USD 10,000 mark on Sunday, followed by a flash-crash down to USD 9,700 on Monday morning, analysts now predict that even larger gains may lie ahead for the number one digital asset. While the short-lived sell-off seen in the early hours of trading on Monday may have scared…
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This past week, bitcoin price remained in a strong uptrend above the USD 9,550 and USD 9,850 resistance levels. Recently, BTC/USD traded to a new 2020 high close to USD 10,200 before starting a downside correction. However, there are many supports on the downside near USD 9,550 and USD 9,550. Similarly, most major altcoins are…
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The market sentiment improved in the past three sessions, with positive moves in bitcoin price above the USD 9,550 and USD 9,750 levels. BTC/USD even traded above USD 9,800, but it is yet to test the key USD 10,000 resistance area. Besides, there were steady gains in most major altcoins, including ethereum, XRP, litecoin, bitcoin…
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The Cryptoverse had an opportunity this year to see a number of altcoins outperforming the world’s number one crypto, bitcoin (BTC) – but there are some words of caution out there: it still might be too early for optimism. “This year’s enthusiasm in some altcoins is reflective of a bullish environment, but should subside as…
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Source: iStock/Sasha_Suzi Bitcoin (BTC) transaction fees are returning to low levels amid an increased adoption of the Segregated Witness (SegWit) protocol on the network. “The majority of transactions now support SegWit, currently surpassing 55% on average. And while this marks a near 40% increase compared to the start of 2019, there is clearly more potential…
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If the Cryptoverse is lucky, a new app could see billions of American rewards points converted into cryptocurrencies, such as bitcoin (BTC). “The legacy payments infrastructure is ripe for disintermediation,” Jeff Sprecher, founder and CEO of Bakkt operator Intercontinental Exchange (ICE) told Fortune. “The Internet should make it possible to create a direct Read more…
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Lightning Labs (LL), the developer of the Lightning Network, said it beta tests its first paid product, Lightning Loop, that aims to improve transactions on the Bitcoin network. “Loop helps startups, node operators, and end-users send and receive on Lightning more efficiently,” CEO and co-founder of LL Elizabeth Stark said. “With Loop, users can move…
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After forming a strong support base above USD 9,200, bitcoin price started a fresh increase above USD 9,350. BTC/USD gained bullish momentum and surpassed the USD 9,550 and USD 9,650 resistance levels. The price traded close to USD 9,750 and it is currently (09:00 UTC) showing positive signs. Also, there were strong gains in most…
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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. Adoption news Bitcoin sidechain RSK said it has launched a two-way bridge between Bitcoin and Ethereum blockchains. Developers on either platform can send their tokens to the other ecosystem, leveraging the…
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