Bitcoin had a bad week, and that is an understatement. BTC declined in price for about 20% since last week. For five days in a row now, Bitcoin has slumped against the US Dollar. Since 2010, there have been 23…
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Coinbase and Bitfinex starts supporting SegWit technology for Bitcoin
Bitcoin traders can finally take advantage of long-awaited SegWit technology. Two prominent exchanges, Coinbase and Bitfinex, have started to support this promising technology that is expected to reduce transaction fees and improve transaction speed. Bitcoin, the most famous of the…
Bitcoin Price Stuck in Kill Zone, Cryptomarket in the Red – Technical Analysis
In our previous article about Bitcoin setting up for its next big move, we discussed the recent price action for Bitcoin using the Elliott Wave Theory. As of press time, BTC price seems to have finished the 1st wave hitting…
The Future of Bitcoin Looks Bright with the Arrival of SegWit on Bitfinex and Coinbase
SegWit, or Segregated Witness, is the soft fork change in Bitcoin’s transaction, which has also been applied on other cryptocurrencies such as Litecoin, Vertcoin, and Digibyte. It is a protocol improvement that improves and facilitates scaling. In this way, users…
Bitcoin is Setting Up its Next Big Move and Here’s Why – Price Analysis
After dropping to its 3-month low at the $6,000 level on February 6, Bitcoin is steadily recovering in the past week, even breaching a key resistance level at $11,500 and soaring to $11,800 before hitting a sell wall and dropping…
The Weiss Cryptocurrency Rating: Bitcoin scores a C + while no crypto gets an A rating
Author – Sam Reeds, UK The Bitcoin received a lower rating than expected given its gold standards in the crypto world. Other cryptocurrencies received a better rating, but no “A” was awarded to any cryptocurrency. The Highest rating was a…
BTC and Overlooked Price Chart Analysis
With all the chaos that happened in the cryptomarket this past week, there are speculations whether or not Bitcoin could still make a comeback from its latest massive dip. While investors and traders look for market analysis and explanations, a…
The Bitcoin Halt saga: Microsoft Resumes Bitcoin Payments after a temporary halt
Author – Terri Wilson Tech giant MICROSOFT on 10th Jan resumed accepting bitcoin as a payment option to its products after temporarily halting it last week due to the instability of BTC and high transaction fees. Microsoft has allowed users…
Indian telecom giant Reliance Jio plans entry into the blockchain and cryptocurrency space using JioCoin
One of the largest mobile network operators in India, Reliance Jio Infocomm Limited, better known as Jio, has announced their plan to enter the blockchain and cryptocurrency space. They will also launch their own cryptocurrency JioCoin. Jio has only recently,…
Microsoft Resumes Bitcoin Payments after a temporary halt
Tech giant Microsoft on 10th Jan resumed accepting bitcoin as a payment option after temporarily halting it last week due to the instability of BTC and high transaction fees. Microsoft has allowed users to pay for goods and services using…