Bitcoin Price and Technical Market Analysis April 25th, 2020
Bitcoin price ia moving in the range $7470-7580. Closing a week candle at $7100, sellers radically change the situation, opening the way to $5500-5700. The critical point for sellers is $7900-8100. Yesterday, Bitcoin traders traded in 1% consolidation with average volumes. After Bitcoin price shot up, buyers did not continue to press for growth, but […]
Bitcoin Halving Buzz Increases on Crypto Social Media
Mentions of bitcoin halving take a spike overtaking those of gold on Twitter and other social media. Social buzz around halving of Bitcoin in mid-May is spiking and overtaking that of gold and other assets which previously dominated the media coverage. Crypto data analysis firm, TheTIE tweeted that data suggests that conversation around ‘halving’ is rated as the […]
Trending Bitcoin News and Market Sentiment April 25th, 2020: ETH Smart Contract Deployments Hit All-Time High, New Study Rubbishes Stablecoin Impact on Bitcoin Price
As Ethereum 2.0 looms, smart contract deployments on the network approach 2 million New study dismisses Tether’s alleged role in Bitcoin manipulation After yesterday’s push to above USD 7,500 Bitcoin price continues to trade in that range on the start of the weekend, and Bitcoin bulls will be looking at Monday to see if any […]
Central Bank of Netherlands Considers CBDC Amid Decline of Cash
The De Nederlandsche Bank is positive on the adoption of digital currency as a solution to face the economic fallout amid the COVID-19. The Dutch Central Bank is considering the adoption of a central bank digital currency (CBDC). The bank has announced that it wants to test a digital currency established by itself and other […]
