Bitcoin Price and Technical Market Analysis May 14th, 2020
Yesterday’s daily candle closed in the range $9200-9400. Looking at the nature of the growth, the mark $10,500 should not be a problem for buyers. The local critical point of buyers is $9200. The global one – $8860. The reality on Bitcoin market turned out to be much more optimistic yesterday and today. The sluggish […]
Trending Bitcoin News and Market Sentiment May 14th, 2020: ETH Whales Moving Wealth to Bitcoin, BitGo Provides Custodial Services for Indian Crypto Exchange
Bitcoin daily high so far at USD 9,940 Ether whales could be moving to Bitcoin, according to Glassnode data BitGo takes on Indian crypto exchange client Bitcoin markets seem to be powering up again, as prices continue to climb hour after hour, with the daily high so far recorded at USD 9,940 (CoinDesk). Could this […]
Bitcoin-Based DeFi Activity Increasing, 1,000 Wrapped Bitcoins Printed in a Single Day
Wrapped Bitcoin allows Bitcoin to be used on Ethereum DeFi platforms One thousand Wrapped Bitcoin (WBTC) worth USD 9 million were printed in a single day, indicating a rise in Bitcoin-based decentralized finance (DeFi) activity on the Ethereum network. Notably, this 1,000 WBTC is larger than the size of the entire Bitcoin Lightning Network, which […]
