This Single Level Above $9,000 Is Crucial to an Even Greater Bitcoin Rally

Bitcoin has been on a stellar run over the past week, gaining 20%, according to data from Coin360.com. It’s a move that has brought the cryptocurrency above resistance level after resistance level, suggesting an uptrend is forming. Since peaking at $9,500 though, the cryptocurrency has slipped, with BTC now trading at $8,800 as of the time of this article’s writing. It’s a retracement that isn’t all too convincing of the bull case, an analyst has suggested. Related Reading: Crypto Tidbits: Bitcoin Hits $9ks, a16z Raises $500M Crypto Fund, Ethereum 2.0…

The Crypto Business Surge of 5 % in Russia amidst the COVID- 19 Crisis

The crypto industry is visibly attracting many countries amidst the coronavirus crisis. As the world is at the verge of the historic economic recession, an increasing graph towards investment in cryptocurrencies can be witnessed worldwide. Russia too has shown similar trends with a massive upsurge of 486 % in the traffic at crypto exchanges. As per the reports from the Russian news agency RBC, crypto-related trading services have observed a steep rise of 5 % in the month of March in Russia. A Sharp Rise of 5.56% in Crypto business …

Bitcoin Investment…get ready for the financial meltdown.

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Bitcoin Hash Rate Tag Hits New Record 8 Days From Halving

After the mid-March price crash led to a brief exodus of miners operating older hardware, the Bitcoin (BTC) hash rate posted a new all-time high (ATH) of more than 142 exahashes per second (EX/s) on March 3. The new record beats out the previous ATH of 123 EX/s posted on March 8. BTC hash rate tags new record 8 days from halving With Bitcoin’s third halving event roughly three weeks away, the BTC mining hash rate is against pushing into record highs.  BTC hashing power crashed 40% in two weeks…

Oscar-Winner’s Satanic Conspiracy Theory on COVID-19 and Crypto Goes Viral

Oscar-winning Russian director, Nikita Mikhalkov, has espoused a bizarre conspiracy theory on local television. He claims that Microsoft’s recent patent for a sensor-based cryptocurrency mining system using body activity data comprises the first-step in a satanic plot to microchip the human race. On an episode of ‘Besogan TV,’ which roughly translates to ‘demon basher TV,’ Mikhalkov claimed the patent number of Microsoft’s cryptocurrency system — WO/2020/060606 — alludes to the occult nature of the technology. “The 060606 part is somewhat alarming. You probably understand this, right? Is this a coincidence…

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A Roundup of Virtual Blockchain Week

Over the past week, Cointelegraph has participated in Virtual Blockchain Week — a pandemic-proof crypto conference that invited participants from all over the world to join talks with some of Blockchain’s greatest luminaries. At the start of the week, famed venture capitalist, Tim Draper, doubled down on his prediction that Bitcoin (BTC) will reach $250K per coin by 2023. “That’s my prediction. Sticking with it. I’m very confident that that is going to happen.” said Draper, when pressed on the topic. He believes that massive commercial adoption around the world…

Hodler’s Digest, April 27–May 3

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin rally above $9,000 stalls as sellers push BTC back to key support What a week it’s been. After starting Monday at $7,650, Bitcoin surged through previously stubborn resistance levels to hit highs of $9,440. The gains mean the world’s biggest cryptocurrency has comfortably outpaced…

MoneyGram Reports ‘Quiet Quarter’ For Ripple Partnership

During an earnings call for Q1 2020, MoneyGram chairman and chief executive, Alexander Holmes, revealed that it was a “quiet quarter” regarding the firm’s partnership with blockchain payments company Ripple (XRP). Ripple first announced its “strategic partnership” with the Nasdaq-listed money transfer company during June 2019. The partnership’s initial term was set at two years, with Ripple providing a capital commitment of up to $50 million over 24 months in exchange equity. The announcement was also slated to see Ripple act as MoneyGram’s “key partner for cross-border payment and foreign…

BITCOIN price today, BITCOIN price prediction, Cryptocurrency Market overview for 8th April

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