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Bitcoin Eyes $14K as US Dollar Breaks Below Classic Support

Bitcoin pressed higher on Wednesday after finding reliable support at $10,500. The upside move appeared as the US dollar index broke below its classic trendline support that originated back in 2011. With greenback setting new downside targets based on technical parameters, Bitcoin could extend its gains further as it eyes a $14,000-retest. Bitcoin climbed higher during the Wednesday trading session as demand for alternative safe-havens remained stronger against an underperforming US dollar. The benchmark cryptocurrency rose 5 percent to close at $11,756.75 (data from Coinbase). Its gains followed a record

These Factors Suggest Bitcoin Could Hit $13,900 if Bulls Defend One Key Level

Bitcoin’s consolidation phase within the lower-$11,000 region has resulted in a powerful push up towards $12,000 Although the crypto has yet to re-test this level, it does seem as though a movement to this level could be imminent in the near-term Multiple analysts are now offering bullish outlooks on BTC in the near-term One such trader is noting that a move up towards $13,000 could be brewing in the days and weeks ahead There are a plethora of different technical factors that could help this rally come to fruition Bitcoin

Bitcoin Black Friday 2020 Will Host Major Discounts For BTC Payments

Before Bitcoin was a movement, it was a digital currency. While the store-of-value aspect of Bitcoin gets highlighted often, the permissionless payments side often doesn’t receive the attention it deserves. In 2012, Jon Holmquist embraced the Black Friday holiday in order to help Bitcoiners showcase the advantages of their favorite technology, launching BitcoinBlackFriday.com and hacking a mainstream cultural moment into a tool for Bitcoin adoption. In years past, thousands of merchants have participated in Bitcoin Black Friday, offering special discounts for those willing to pay in BTC. P2P marketplaces have

The Human Rights Foundation Awards Grants to Three More Bitcoin Projects

The Human Rights Foundation (HRF) is issuing grants to three more Bitcoin developers. JoinInbox creator Openoms, Zeus creator Evan Kaloudis and Fully Noded creator Fontaine will be gifted 1 bitcoin each, worth over $11,000 at the time of writing, making for a total of over $33,000. This marks the second round of grants from the Bitcoin Development Fund, HRF’s new fund to support Bitcoin projects. “HRF decided to acknowledge and support these three developers and their projects because they are all focusing on making Bitcoin technology more accessible. Usability is

HashCash Receives Title of Top Blockchain Development Company

Rate this post HashCash Consultants, a firm that offers blockchain solutions globally has been listed as a leading blockchain development company. The company has received this listing from a global tech review firm.  The firm has made this decision by conducting a survey of the leading and the best enterprises in this sector. As a result, it found out that HashCash is the best one in offering blockchain and crypto services globally. The decision has been made on the basis of various parameters that were set by the firm for

Blockchair In Blockchain World | Let Us Explore The Explorer In 2020

Table of Contents Rate this post Blockchain technology has the whole new world to explore whether in term of applications, tools, features, compatibility with other technologies and many more. In earlier days, when Bitcoin was launched in 2009, it was considered that Blockchain is meant for the financial system only. But, as the potential of technology was analysed by the various communities, they concluded that Blockchain is meant for exploration. In this article, we will limit our nerves to explore to cryptocurrency. In the crypto marketplace, investors generally keep track

3 Reasons Why Bitcoin Transactions Are Slow

Aug 01, 2020 at 08:27 // News Despite Bitcoin offering unprecedented decentralization and security, its network has one significant flow, namely, the transaction speed. A single transaction processing can take up to 10 minutes. But why is this happening? To understand why bitcoin transactions sometimes take so much time to confirm, it is essential to first understand how they are verified. Delving into the essence Once a transaction is created, a transaction message is sent to the Bitcoin blockchain and passed around all the nodes available on the network. This