One of the statements done by the CEO of Coinbase has received much attention in the Bitcoin community recently. He explained that digital currencies, such as Bitcoin are more likely to become reserve currencies in the future. As a result, it is important for the people to deep dive into this fact and figure out…
In spite of the rise in trading volumes, the market’s sentiment doesn’t appear to be ready to welcome major bullish developments. Traders are continuing to give into the uncertainty that markets are ruled by at the moment.
Major Signals Bitcoin prices did drop down to a low of price levels down below $2150, yet the…
One of the latest news in the Blockchain and Crypto Currency communities is that Bitcoin (BTC) will be subjected to a “Coin-Split” before long. The split between the Blockchain and network can happen if the bulk of miners (through hash power) shift to Bitcoin Unlimited (BTU). Then, they choose to mine blocks higher than 1…
Bitcoin markets are continuing to give into the bearish pressure that’s put on prices by bearish traders through the last few hours. Break throughs are seeming increasingly harder as the momentum the market builds up for gets crashed every time a break through seems likely. Just today, BTC/USD rates peaked above $2350 briefly only for…
Recent media hype by Purse, the biggest marketplace for Bitcoin together with B-Coin (its in-house option for BTC implementation), disclosed the company introduced a scaling proposal known as “To the Moon”. Purse also worked on another approach called Extension Blocks. This is different from the approaches of Bitcoin Unlimited, Bitcoin Classic, and Bitcoin XT or the Segregated…
Bitcoin markets are boasting an improvement in the market’s sentiment after trading volumes started going down through the day. As markets settle to price levels above $2000, traders are apparently feeling more comfortable. We’re now seeing traders push for prices above $2300 with large buy orders continue to push the price up.
Major Signals The…
The Bitcoin scaling wars have been dragging for a long period of time and people came across the need to introduce a permanent solution to this issue. Finally, the scaling wars have come to an end. It was made possible due to the efforts of some of the Bitcoin miners and companies associated with the…
Bitcoin prices are on a volatile path with no certain direction. What’s for sure is that markets showcase at least some intent to support $2200 levels, yet in so far this levels has been breached several times, even following the previous recovery. BTC/USD rates go through numerous ups and downs through trading sessions while trading…
Bitcoin markets are now seeing rising prices only a short time after the rally reached its peak and price started falling. Prices did reach above $2250 but are now keeping above $2200 nevertheless. Resistance might not be as strong as one would expect but selling pressure is still in effect as upward movements seem hard…
Bitcoin markets are having a hard time coping with selling pressure. While trading volumes remained close to record high levels, the market’s sentiment did undoubtedly change for the worse. In so far, bitcoin markets experiencing a record breaking price fall that’s putting prices under a burden of price falls that are greater than 25%.
Major Signals…