Bitcoin (BTC) might move higher in the coming weeks due to two major daily moving averages heading for a collision. This occurs when a short-term moving average (MA) crosses above a longer-term one, usually the 50-day and 200-day MAs. The last time this happened was in April 2019. The top cryptocurrency’s price surged 175 percent …
Investors are reaching to the top cryptocurrency by market value as a safe haven amid economic fears over the coronavirus. Bitcoin just bounced back to trade at $10,335 after rising above the five-digit mark earlier in the week. The cryptocurrency’s been highly volatile these days, but it remains below its all-time high in 2017. Bitcoin …
As Coronavirus Spreads, Investors Push Bitcoin to $10,335 Read More »
Indeed, Bitcoin (BTC) just reached five digits. The top cryptocurrency just crossed $10,000 to print a high of $10,176 in early hours, the highest since October. Fundamental investment activity is backing the breakout, said the partner at Adaptive Capital Willy Woo. The figure appears sustainable with the improvement on on-chain fundamentals. The surge increased the …
Bitcoin Breaks $10,000 After Three Months Down Low Read More »
Lightning Labs just raised $10 million with major investors to enhance the potential of bitcoin to become a global currency. Managing Director Brian Murray believes its proposed paid service can become similar to Visa’s business model. According to Murray, Lightning can bring more speed and fee efficiency to the fiat currency network. The firm released …
Lightning Labs: Preparing to be Bitcoin’s First Visa Read More »
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Ross Ulbricht, the founder of the darknet marketplace Silk Road, predicted a $100,000 Bitcoin surge in 2020. He claims that he is closely watching its movements to pass the time in prison, his home since 2013. In a letter made public on December 10, 2019, Ulbricht claims he’s been keeping a close eye on the …
Dead Pirate Roberts: Bitcoin Will Reach $100,000 in 2020 Read More »
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