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Bitcoin markets and cryptocurrencies values across the board are seeing healthy rebounds after the past three weeks of price dips. At the moment there is some substantial consolidation happening, and BTC bulls are still trying to breach the $12K zone. They came awfully close last night, but failed to break the key price region. Now, during […]
The post Markets Update: Cryptocurrencies Recover Gains After the Coincheck Hack appeared first on Bitcoin News.
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A vast majority of cryptocurrencies were suffering from losses yesterday after last weekend’s recent spikes in value. Bitcoin core (BTC) prices have dropped since touching the $13K zone back down to the $10K region while most of the digital asset markets were also down yesterday are up now. At the moment BTC has climbed just […]
The post Markets Update: Cryptocurrencies Try to Regain Strength After the Recent Dip appeared first on Bitcoin News.
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After a strong Saturday, the global market has dropped over 10%. Bitcoin (BTC) is down 8% to US$11,500, and a over 75% of the top 100 coins have also lost Bitcoin value in the past 24 hours. However, there are a handful of strong contenders that have overcome this dip. Among these are Waltonchain (WTC) and VeChain (VEN). VEN is up 2% in USD, currently trading just above $US8.00, with a BTC value of just under 70k sats. WTC is down a slight 2% in USD, and trading around US$29.00. Today’s performance of both coins is symbolic of their sizablePowered by WPeMatico
The number of cryptocurrency app users in South Korea has increased 14 times in the last 11 weeks to approximately two million users, according to a recent analysis. Users spend an average of 26 minutes using them daily and the majority of users are in their 30s. Also read: South Korea Urges 23 Countries, EU, and […]
The post Cryptocurrency App Users Increase 14-Fold in South Korea appeared first on Bitcoin News.
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Predicting the price movements of cryptocurrencies is a dark art that combines technical and fundamental analysis with an understanding of human psychology. A recent analysis dispels a little of that darkness by revealing the interdependence of altcoins. Its findings? When altcoins fall, they often fall in unison. Also read: Peter Thiel, Bitcoin Astronaut, Moves Markets with […]
The post Statistical Analysis Reveals Ties That Bind the Cryptocurrency Markets appeared first on Bitcoin News.
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The price of bitcoin (BTC) has rebounded significantly since our last markets update. BTC markets reached a high of $16,100 across many global exchanges around 11:00 am EDT on December 26. The price spike is a big jump from yesterday’s weighted global averages of $13,800-14,000 per BTC on Christmas day. Also read: Bundesbank Board Member: […]
The post Markets Update: Deflated Digital Asset Prices Bounce Back appeared first on Bitcoin News.
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Over the past few weeks, people have been complaining about high transaction fees and slow confirmation times on the bitcoin core network. Since then other coins like bitcoin cash, dash, and litecoin have seen price spikes and more people utilizing these blockchains for lesser fees and more reliable settlement times. Also Read: Wikileaks Founder Responds to […]
The post Data Over Drama: Bitcoin Cash Versus Bitcoin Core Transactions appeared first on Bitcoin News.
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With Bitcoin’s recent correction from $20,000 down to $18,000, Bitcoin Cash (BCH) has rallied, currently valued at over .15 BTC and over $2,700. With uncertainty surrounding Bitcoin increasing due to launch of CME futures and ever increasing network congestion, investors are flocking to BCH as a hedge against Bitcoin. Since its inception on August 1 of this year, Bitcoin Cash has maintained an inverse relation to Bitcoin. After touching $20,000 on Sunday, Bitcoin has gone through a gradual decline, currently trading around $17,700. This correction can be attributed to uneasiness surrounding yesterday’s launch of Bitcoin futures trading on CME, the largest derivatives market inPowered by WPeMatico