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Posts Tagged ‘BTC’

Bitcoin Price Analysis: Is BTC ‘Tethered’ to USDT?

After dropping within a hair of $6,000, Bitcoin (BTC) price bounced around in a tight $120 range before mysteriously spiking $400 in just 30 minutes. Was this simply a breakout from consolidating prices, or did Tether (USDT) have something to do with it? Bitcoin Price Market Overview Loads of people believe that Bitcoin 00, and…

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Bitcoin Price Analysis: BTC Needs to Pump Up the Volume

Today Bitcoin price pulled off a minor relief rally, but will the king of cryptocurrencies maintain momentum as volume fades? Bitcoin Price Market Overview This week has been a tough one for cryptocurrencies as the total market capitalization dropped to $228 billion, which is roughly 24% down from the July 27 high of $300 billion…

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Lightning Network Passes 3000 Nodes, Capacity Approaches 100 BTC

The Lightning Network active on the Bitcoin mainnet has passed 3000 nodes with capacity for almost 100 BTC in August. Capacity Expands 85% In July Data from monitoring resource 1ml.com confirms that network capacity increased 85 percent in the past thirty days, bringing mainnet Lightning’s total funds accommodation to 97 BTC ($628,000). Lightning originally debuted…

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‘We’ve Moved Onto Bitcoin!’ Kim Kardashian Receives 1 BTC From Matthew Rosak

Socialite Kim Kardashian has become the latest famous Kim to own Bitcoin – while attending an international poker tournament. First Bitcoin, Then ‘KardashianCoin’? Kardashian, who follows in the footsteps of entrepreneur Kim Dotcom and perhaps even Kim Jong-un in embracing cryptocurrency, can now count 1 BTC among her assets. The funds came courtesy of Matthew…

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BTC Price Analysis: Strong Weekly Close Favors Bulls

Bitcoin (BTC price) had another very strong week, with the ETF hype continuing to apply upward pressure to price action.  STRONG WEEK FOR BTC PRICE BULLS Bitcoin price 00 punched through the 200 daily EMA early on Monday Morning, where it quickly became support and provided a Launchpad to the 1.618 Fibonacci target of $8,515…

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Bitcoin Price Analysis: BTC and Altcoins Were Jumping on the Bed

Bitcoin fell off and bumped its head after strong rejection at $7,684. Bitcoin price analysis, however, shows that former resistance levels are now serving as strong supports as BTC consolidates and prepares for the next leg up. Bitcoin Price Analysis: Market Overview This week encouraging cryptocurrency news keeps on rolling in and a simmering aura…

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Newly Launched Bitcoin Optech Initiative Aims to Address BTC Scalability Issue

A team of Bitcoin (BTC) engineers has announced the launch of the Bitcoin Operations Technology Group (Bitcoin Optech) addressing the problem of Bitcoin’s scalability, according to their statement published July 20. Bitcoin Optech is a non-profit organization backed by leading industry players like PayPal Board Member Wences Casares, executive of Kohlberg Kravis Roberts & Co.…

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