After a nasty decline, bitcoin price found support near USD 6,550. BTC/USD started a relief rally and climbed more than 10% in the past three sessions. It broke the USD 6,850 and USD 7,000 resistance levels. However, the price seems to be struggling (09: 00 UTC) to clear the USD 7,350 resistance area. Similarly, there…
Read more
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. Regulation news Russian tax authorities have recognized a capital filing that included a Bitcoin (BTC) investment – the country’s first ever. Per media outlet Bloomchain, the investment was relatively Read more…
Read more
After touching USD 6,600 earlier on Monday, the average price of bitcoin (BTC) rallied c. 10% in around 7 hours, jumping to USD 7,300 before going lower. Major altcoins are also correcting their losses. At pixel time (14:18 UTC), bitcoin trades at c. USD 7,199 and is up by almost 1% in the past 24…
Read more
The Bitcoin Core client version 0.19.0.1, the last expected version before the anticipated Bitcoin mining reward halving in May 2020, was released this past weekend by the Bitcoin Core developers. Although it contains no major changes, it does come with several interesting speed and security improvements, as well as other modifications. One of those is…
Read more
After trading sideways during the weekend, the most popular cryptocurrency, bitcoin (BTC) took another hit in the early hours on Monday (UTC time), dropping below USD 6,700. At pixel time (05:23 UTC), trades at c. USD 6,682. It’s down by 7% in the past 24 hours and by 22% in the past week, increasing its…
Read more
The entire cryptocurrency market is bleeding heavily, with Bitcoin fighting hard to hold above the $7,000 price mark. Friday, Nov. 22 — Cryptocurrency prices are bleeding heavily, with some of the top-20 coins showing losses of close to 10% on the day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin (BTC) started the day just above…
Read more
Bitcoin (BTC) price slumped to a six-month low on Friday as China’s central bank launched on Friday a fresh crackdown on cryptocurrency trading in Shanghai. People’s Bank of China (PBOC) Shanghai headquarters said in a statement it would crack down on a resurgence of illegal activities around virtual currencies, and cautioned investors not to confuse…
Read more
While the price of Bitcoin (BTC) is dropping, the mining difficulty and hash rate went up. This has led some market observers to believe that we may not see a mass miner capitulation yet. When the price drops and mining revenues decrease, miners who struggle to earn profits are forced to shut their least profitable…
Read more
In the past three sessions, there was a sharp increase in selling pressure on bitcoin, resulting in a downside break below the USD 7,850 support area. BTC/USD declined more than 7% and traded below the USD 7,650 support. It is currently (09:00 UTC) trading near USD 7,500, with a negative bias. Also, many major altcoins…
Read more
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. Mining news Environmental activists now can somewhat soften their stance towards Bitcoin mining. According to a report in American Chemical Society (ACS)’ Environmental Science & Technology, Read more »Pay/Trade/Buy Bitcoin with…
Read more
