Witnessing the digital breakthrough
Bitcoin Dropped to 8000, Crypto Market Lost $30 Bln Per Day
Cryptocurrencies   |   25.09.19  |  

September 24-25, 2019 will be remembered as one of the largest dumps when the cryptocurrency market lost more than $30 billion September 24-25, 2019 will be remembered as one of the largest dumps when the cryptocurrency market lost more than $ 30 billion. Bitcoin reached the end of the bear triangle and fell to a three-month low of $8,000. Many analysts predicted that this week will present a massive decline to the support levels at $8,000 and they were right. Bitcoin has been declining slowly since...

World’s First Bitcoin-Denominated Bond Is Launched
Innovations   |   03.07.19  |  

Luxembourg-based securitization company Argento has joined forces with the London Block Exchange (LBX) to issue these bonds Two European companies have launched a product described as the world’s first genuine bitcoin (BTC) bond, they confirmed in a joint press release. The companies are Luxembourg-based Argento, a securitization firm, and London Block Exchange (LBX). They issue the bitcoin-denominated bond, which is regulated under the Financial Conduct Authority (FCA), the UK watchdog. Argento...

Report: Bitcoin Profitability Is 98 Percent Since Creation
Cryptocurrencies   |   02.07.19  |  

Despite the fact that the price of BTC has tripled since the beginning of 2019, requests for "Bitcoin" at this moment in Google search are five times lower than in December 2017 According to the data collected by 99Bitcoins analytics, the first cryptocurrency was profitable in 3752 of 3830 days, that is, in 97.96% of cases (at the time of writing the news). 78 unfavourable days for buying Bitcoin are almost completely attributable to December 2017, when the currency reached its last...

Bitcoin Tested $13,000. Retrospective And Forecasts
Forecasts   |   27.06.19  |  

... perfect for any nervous retail investors considering dipping their toes back into crypto investing. [...] If this trajectory continues, then 2019 could be a record-breaking year for Bitcoin." Gavin SMITH , CEO, Panxora: “The factors behind the Bitcoin price rise are unlike any that we’ve previously seen in the industry. This is largely driven by a change in investor profile. Now that Bitcoin is being adopted by more and more mainstream institutions, its price is naturally driven by more conventional ...

Bitcoin Ready To Take 10K? Crypto Market Cap Reached 300 Bln
Cryptocurrencies   |   21.06.19  |  

FOMO wave is gradually gaining momentum. Many market players are in a hurry to give their comments on the current bullish trend Cryptoenthusiasts rejoice: entrenched at the level of $9,000 per coin, Bitcoin price continues to grow and is approaching the psychological level of 10 thousand dollars. The capitalization of the entire crypto market over the past 24 hours exceeded $ 300 billion, which was also long expected by analysts. Many market players ...

Crisis in Argentina: Investors Massively Convert Pesos to Bitcoins
Argentina   |   17.06.19  |  

Will the cryptocurrency and its legal status become an instrument of political struggle in Argentina? Anything is possible in such situation Argentina, or the Republic of Argentina, is the second largest country and the third one (after Brazil and Colombia) in terms of population of South America. It’s one of the ten largest countries in the world. Argentina is a member of the UN, IMF, OAS, WTO, G20, Mercosur. Since the beginning of the 1990s, the country has actively pursued a policy of privatization...

The Number of Active BTC Addresses Reached 1 Mln. The Price Is Over $ 9,000
Cryptocurrencies   |   17.06.19  |  

Over the past few days, Bitcoin overcame several levels of resistance and soared to a 13-month high Over the past few days, Bitcoin has overcome several levels of resistance and soared to a 13-month high. Having passed the levels of resistance at 8,200 and 8,700 US dollars, the first cryptocurrency rose above the mark of $9,000. Such level of price was last reached by Bitcoin in May 2018. In the midst of the rush, it is worth noting another parameter, which also rose to an unprecedented maximum...

The Institutional Investor Interest in Bitcoin Is Increasing
Guest-posts   |   04.06.19  |  

The first time around that Bitcoin went through its massive growth in value is the time when the first large scale investors got interested in it as a useful tool for trading and as a good potential investment Have you been paying attention to the cryptocurrency markets? Then you might have noticed an ongoing and seemingly strong growth trend for the value of cryptocurrencies and especially, for the value of Bitcoin. The market has been growing bullish over the past few days and weeks, and it seems...

The Difficulty of Bitcoin Mining Reached a Historic High
Cryptocurrencies   |   31.05.19  |  

The price of Bitcoin reached a maximum since the beginning of the year, briefly exceeding $ 9,000, at the same time the difficulty of its mining reached a historical maximum Bitcoin’s price hit a Year-to-Date [YTD] all-time high on May 30, when it reached $9000, however, the surge wasn’t sustainable as the correction followed. This roller coaster ride caused millions of liquidations for both longs and shorts. The mining difficulty also hit an all-time high as of May 31, 2019. The new mining difficulty...

$10,000 or FOMO? Opinions Divide Concerning The Price of Bitcoin
Cryptocurrencies   |   27.05.19  |  

The market seems to be inspired by the news that the main institutional investors show interest in cryptocurrencies. But not all traders give positive forecasts As the new week starts, the Bitcoin price soars again. As per Bloomberg , Bitcoin was trading at $8,847 during the Tokyo session at 10.25. Currently, the BTC price is slightly down, with the major currency trading at the level of at $8.705. Following Bitcoin, other digital assets ...

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