How many Bitcoins are left? There are currently close to 2.644 million Bitcoins left that aren’t in circulation yet. With only 21 million Bitcoins that will ever exist, this means that there are about 13.35 million Bitcoins currently available. Out of those 18.35 million, it’s estimated that 30% of those may be lost forever as […]
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The Bitcoin Halvening (or halving) is a significant moment in Bitcoin’s history. Bitcoin’s Halvening is a pre-programmed event that protects Bitcoin from inflation and helps ensure a degree of scarcity for the digital asset. Before we get into the thick of the Bitcoin Halvening discussion, let’s take two minutes to go over some quick halvening […]
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Bitcoin’s price touched an intraday low of $8,620.00, its worst showing in a month. The sudden drop follows a chaotic two days for U.S. stocks, as the Dow crashed almost 2,000 points over that stretch. Gold has rallied in the wake of the stock-market collapse while bitcoin has languished. Bitcoin’s price declined sharply on Wednesday, […]
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Bitcoin’s lackluster recovery from price support around $9,400 is struggling to gather upside traction amid bearish developments on the short-term technical charts. The top cryptocurrency by market value fell by 5.5 percent on Wednesday to register its biggest single-day drop in three months. Sellers, however, failed to keep prices below the widely tracked 200-day moving […]
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Bitcoin’s lightning network is growing “increasingly centralized,” making it more susceptible to attacks, asserts a new paper by security researchers. Seen as a potential solution to bitcoin’s scaling headaches, lightning is a payment network allowing for speedier and cheaper transactions. Partly to make lightning more robust, developers and researchers have been trying to spot holes […]
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View Despite an $800 fall on Wednesday, bitcoin’s broader trend remains bullish, with prices holding above the higher low of $9,075 (Feb. 4 low). However, yesterday’s bearish engulfing candle has shifted risk in favor of a drop to that level. A move back above a short-term moving average at $9,800 could force sellers to reassess […]
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Bitcoin’s (BTC) price volatility spiked in January and could further increase over the near term because “whales” have surfaced. The cryptocurrency’s annualized volatility grew roughly eight percentage points in January to a three-month high of 58.2 percent, according to Kraken’s monthly report. Volatility rose as bitcoin’s price rallied from lows near $6,850 on Jan. 3 […]
Continue ReadingBitcoin’s golden cross is bullish. Statistics reveal that it may post a new all-time high in six months. Analysts say it’s possible. The post Bitcoin Tempts Shattering All-Time High After Historic Golden Cross appeared first on CCN.com
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Bitcoin’s price pullback looks to have stalled with the bears losing steam near former hurdle-turned-support on Sunday. The number one cryptocurrency by market cap ran into offers over the weekend, having faced multiple rejections near $10,500 on Feb. 12–13. Notably, the cryptocurrency fell nearly 4.5 percent on Sunday – its biggest single-day decline since Nov. […]
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Bitcoin’s recent price rally is looking as overstretched, according to a technical indicator. The money flow index (MFI), a momentum indicator that incorporates both price and trading volumes, has risen to 86.00 on the three-day chart. That’s the highest level since late 2017 when prices hit a life-time high of $20,000. A reading above 80 indicates […]
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