Bitcoin (BTC) tested support at $7,500 on April 24 after a surprise surge saw the cryptocurrency beat out resistance and reliance on stocks. Cryptocurrency market daily overview. Source: Coin360 BTC price puts in a $7.5K foundation Data from Coin360 and Cointelegraph Markets showed BTC/USD attempting to form new support at $7,500 on Thursday. Since hitting a high of $7,760 the day before, only three brief dips to the $7,400 zone have appeared, indicating renewed market strength. The high was Bitcoin’s best performance since mid-March, when markets infamously crashed up to…
Day: April 24, 2020
Chile LocalBitcoins Volume Hits All-Time High Amid Pandemic-Induced Crisis
LocalBitcoins data shows that the weekly trading volume in Chile’s fiat currency recently touched a new all-time high. Cryptocurrency market data platform CoinDance shows that LocalBitcoins volume in Chile reached a new record of over 330 million Chilean pesos in the week ending on April 4. Chile LocalBitcoins volume in Chilean Pesos. Source: CoinDance It is worth noting that these figures are also influenced by the depreciation of the Chilean peso. According to data from foreign exchange website XE, the currency fell by over 6.45% against the dollar in the…
Bitcoin Soars to Its Highest Level Since Crashing in March
Bitcoin hit $7,600 on Thursday, its highest level yet since crashing in early March. The cryptocurrency climbed more than 10% during the last 24 hours spurred by the return of leveraged money. Bitcoin cash (BCH), ethereum (ETH), and ripple (XRP) all rose above 4% to $239, $189, and $0.19, respectively. The digital asset litecoin (LTC) soared more than 7%. Bitcoin plunged 27% on March 12, otherwise known as ‘Black Thursday, as global financial markets reeled from effects of the coronavirus pandemic. Experts have targeted a break above $8,000 as a…
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Binance Hits $295M in Traded Volume for Newly-Launched Options Contract
Major crypto exchange Binance claims to have become the largest options venue in the cryptocurrency market, having hit $295 million in traded volume as of April 20. In an interview with Cointelegraph on April 23, the vice president of Binance Futures, Aaron Gong, said that the platform had overtaken its counterparts by daily traded volume on April 14 — just one day after its official launch. Gong explained that the contract had been designed to tackle what Binance perceived to be the key drawbacks of existing crypto options products…
BITCOIN 9800$ VONT ARRIVER RAPIDEMENT !? btc analyse technique crypto monnaie
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Le BTC serait peut être sorti de sa baisse , nous abordons une analyse graphique bearish et bullish ensemble ! Nous voyons en détail chaque support, résistance, et figure envisageable durant ce fameux dump ou pump BITCOIN ! _______________________________ Pour faire un don en EURO ou en BITCOIN : Pour faire un don en BTC / Bitcoin: 1Q87XPt9PMjTCeFhEgN4FaqSwTfSqm6b3C _____________________________ Mes analyses ne sont que mon point de vue du marché, il ne faut pas prendre ce que je dis comme conseil financier…
There’s a Brutal Twist Behind $1 Million Bitcoin Price Predictions
If you told an early Bitcoin adopter ten years ago that the cryptocurrency would one day hit $1 million, they would’ve laughed. Ten years ago, a single coin traded for less than $1.00; at times, it traded for a price well under a cent. But times have changed. Now, instead of getting laughed at, those predicting the leading cryptocurrency will hit seven digits are applauded. It’s become a common sentiment in the Bitcoin market that the asset will eventually rocket higher, leaving all other assets in its wake. There is…
Investing in Bitcoin, Ethereum, Ripple XRP, Stellar XLM from the Experts
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Bitcoin Payments Gateway Purse is Reconsidering Closure, Cites Community Support
Having just recently announced plans to close shop, Bitcoin (BTC) payments facilitator Purse.io says it is now reconsidering due to “an incredible outpouring of support from the community.” The veteran business — which offered Amazon shoppers a handy workaround and discount for paying with Bitcoin — had initially said it would be deactivating its “shop and earn” feature today, April 23, and ultimately cease all operations by late June. In its recent update, Purse says that since announcing its intentions to shut down, the overwhelming response from the community has…
Portugal Unveils ‘Free Zones’ for Emerging Technologies in Digital Action Plan
The Portuguese government plans to create “Technological Free Zones” (Zonas Livres Tecnológicas) with tailored regulatory regimes that encourage innovation and experimentation. Unveiled on April 21 as part of the country’s ambitious digital transition action plan, the country’s Council of Ministers pledged that the new zones will be adapted so as to lessen the regulatory and legal burden on the developers of new and experimental technologies. Independent Portuguese law firm Vieira de Almeida has noted that the legal framework being adopted for the free zones goes beyond existing approaches to regulatory…