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What to Expect When You’re Expecting… the Bitcoin Block Halving

Source Node: https://cointelegraph.com/news/what-to-expect-when-youre-expecting-the-bitcoin-block-halving
Time Stamp: April 2, 2020 4:39 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Many industry experts hold varied expectations for Bitcoin’s price following the block reward halving in May, proving 2020 is anything but mundane. “On both prior occasions, Bitcoin surged to a new all-time high within 12 months, with the latest coming in December 2017 when the price reached about $20,000, which was followed by a massive decline,” Bill Herrmann, CEO of alternative investment banking firm, Wilshire Phoenix, told Cointelegraph in an email on March 10. Herrmann also pointed out that Bitcoin’s market has matured compared to past years, noting that information available to

Bitcoin Price Soars 15% to $7.2K But Breaking $8K Won’t Be Easy

Source Node: https://cointelegraph.com/news/bitcoin-price-soars-15-to-72k-but-breaking-8k-wont-be-easy
Time Stamp: April 2, 2020 1:43 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Bitcoin (BTC) is trading at $7,106 representing an impressive 14.7% gain in the last 24 hours and 6.8% for today. Other global markets are also up off the back of President Trump’s comments around the likelihood that crude oil production will be cut back, which is one of the triggers which caused Bitcoin to slide from $9K to $8K in early March.Looking at performance relative to its peers, Ether (ETH) and XRP both continue to underperform versus Bitcoin as was the case last week. Bitcoin dominance remains at 66%. Cryptocurrency market

Litecoin Price Prediction: LTC/USD Will Only Move Higher If $40 Is Broken

Source Node: https://insidebitcoins.com/news/litecoin-price-prediction-ltc-usd-will-only-move-higher-if-40-is-broken/256262
Time Stamp: April 2, 2020 12:38 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

LTC Price Prediction – April 2The Litecoin (LTC) price records gain of almost 1.5%, as the coin is seen approaching the $40 level.LTC/USD MarketKey Levels:Resistance levels: $48, $50, $52Support levels: $30, $28, $26LTCUSD – Daily ChartLTC/USD is trading in the green in today’s session, trading above the 9-day and 21-day moving averages with a gain of 1.45%. The Litecoin bulls broke out from a narrow range-block formation as the price action is capped to the upside at $39 and supported the downside at $36, within tight conditions.However, a few days

Doing Well by Doing Good: 5 Reasons Why it Works

Source Node: https://www.bitcoinmarketjournal.com/doing-well-by-doing-good-5-reasons-why-it-works/
Time Stamp: April 1, 2020 7:38 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

“Do well by doing good.” The phrase has a deep meaning during this time in human history. In a nutshell, it means that companies that do good (i.e., help out during the Coronacrisis) will do well (i.e., make money and thrive). This is counter-intuitive. Logically, you would not help out during a recession: you would lay off workers, conserve your remaining cash, and “hunker down,” to use an unfortunate phrase. Here are a few reasons why the opposite is true. Your name gets out there. Many of our clients are

Price Analysis April 1: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Source Node: https://cointelegraph.com/news/price-analysis-april-1-btc-eth-xrp-bch-bsv-ltc-eos-bnb-xtz-leo
Time Stamp: April 1, 2020 3:00 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

The Dow Jones Industrial Average had its worst first quarter on record. Compared to that, Bitcoin only fell about 10% over the same period, which shows clear outperformance. The resilience of Bitcoin (BTC) in the current crisis shows that it has arrived on the big scene and that it can weather a storm better than some of the traditional asset classes. This is likely to attract several institutional players to Bitcoin.Now, what can we hope for during the second quarter? Bitcoin has a very important halving event coming up next