bitcoin

Bitcoin Records Highest Price Since Crisis Began Sign For The Near Future? The Crypto Weekly Update

Bitcoin Records Highest Price Since Crisis Began, Sign For The Near Future? The Crypto Weekly Update Bitcoin had a relatively good week of trading as it recorded its highest price since the coronavirus crisis began in March. Yesterday, BTC peaked at above $7,200, marking an impressive daily run that sent the entire cryptocurrency market well […]

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Bitcoincom Lays Off Half Of Its Workforce With Bitcoin Cash Halving Only 4 Days Away

Bitcoin.com Lays Off Half Of Its Workforce With Bitcoin Cash Halving Only 4 Days Away It appears that gloomy days lie ahead for the Bitcoin Cash (BCH) camp. According to recent reports, Bitcoin.com has reportedly cut 50% of its workforce with only four days remaining until Bitcoin Cash’s halving. Bitcoin.com Sacks 50% Of Its Employees […]

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How the Bitcoin Price Reversal Proves Cryptocurrencies are Immune to Financial Market Shocks

How the Bitcoin Price Reversal Proves Cryptocurrencies are Immune to Financial Market Shocks Bitcoin prices have reversed again above the critical $6,000 mark. This has happened much to the chagrin of the naysayers. So many skeptics have said (both in print and on paper) that COVID-19 had imperiled cryptocurrencies. The great thing is that Bitcoin’s […]

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Bitcoin Merchant Resilience Amid Pandemic Surprises Analysts

Bitcoin Merchant Resilience Amid Pandemic Surprises Analysts Analysts are surprised by the resilience of the bitcoin (BTC) merchant services, as well as by the lower drop in purchasing than expected. Furthermore, each of the three categories they inspected, reacted in their own way to the coronavirus-caused economic crisis. Blockchain and analytics specialist Chainalysis observed the […]

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What’s holding Bitcoin back business or consumers?

What’s holding Bitcoin back – business or consumers? Though Bitcoin started 2020 with a bang, it’s worth taking the start of a new decade to reflect on the state of the original cryptocurrency. Doing that, we can really only draw one conclusion: it has failed to live up to the hype. Don’t get me wrong. […]

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Bitcoin’s Bull Run May Now Immediately Follow Halving Jihan Wu Says

Bitcoin's Bull Run May Now Immediately Follow Halving, Jihan Wu Says Bitmain co-founder Jihan Wu expects the bull run on bitcoin prices to be delayed following May's Halving.Wu is bullish on bitcoin's outlook, in light of government economic bailouts in response to the Coronavirus pandemic.  Bitmain co-founder Jihan Wu says the bull run for bitcoin […]

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Biggest Bubble in the Economy Isn’t Bitcoin BTC It’s the Bond Market: Max Keiser

Biggest Bubble in the Economy Isn’t Bitcoin (BTC) – It’s the Bond Market: Max Keiser     As economies around the world wrestle with the current global health crisis, upending industries while driving sledge hammers into small companies in need of support and big companies in need of bailouts, Max Keiser argues that sovereign bonds […]

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Bitcoin Stalls in the Mid-6000s as Stock Market Rally Continues

Bitcoin Stalls in the Mid-$6,000s as Stock Market Rally Continues For over 48 hours, Bitcoin has flatlined — establishing a tight, less-than-10% range in the mid-$6,000s. This comes after BTC embarked on a 25% rally from the $5,000s to a price as high as $7,100 that transpired this weekend and early this week, which coincided […]

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Coronavirus the Halving and a Price Drop: Bitcoin Mining Marches On

Coronavirus, the Halving and a Price Drop: Bitcoin Mining Marches On CoinShares, a Jersey-based asset management firm with offices in London and New York that provides advice and other services for investors, released a statement on the state of Bitcoin mining during the global uncertainty caused by the coronavirus, ahead of a planned, more thorough […]

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COVID-19 Causes Bitcoin Value Drop to 4000 Starting a Zig-zag Action Could Set a Three Month Lateral Market

COVID-19 Causes Bitcoin Value Drop to $4000 Starting a Zig-zag Action Could Set a Three Month Lateral Market COVID-19 is making its way around the globe, so markets have been shedding value at a fast pace. Bitcoin value is not immune to this as it has disrupted people’s normal activities which can include trading online. […]

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