Hot Topics

Advertisement

Advertisement

Could BTC Reach $1 Million By 2021?

If there’s one thing that crypto enthusiasts want it’s for Bitcoin to surge. But not just to $20,000, I mean, we’ve seen that already. No, what the majority want is for Bitcoin to reach seven figures, imagine it, not only would thousands of investors making enormous gains but the mainstream adoption that would come with would be phenomenal. Jesse Lund is the VP of blockchain and cryptocurrencies for the American multinational conglomerate based in New York and is one of the most recent industry experts to proclaim that the Bitcoin price could hit seven figures. Speaking with Finder, Lund said,...

Read More

Bitcoin (BTC) Finally Ready For A Rally Past $4,000 As Bulls Step Up

Bitcoin (BTC) bulls have finally stepped up to give the market direction. Until recently, both the bulls and bears were confused as to who is really in control. The bears expect the price to come down but they expect a rally past $4,000 first. As for the bulls, the majority is confident that BTC/USD has already bottomed and the price is only going to rise from current levels. The daily chart for BTCUSDShorts shows that the number of margined shorts has once again declined to a critical support. If this support is broken, it is likely that the next support...

Read More

Bakkt To Integrate BTC Payments In Starbucks Stores

According to a new report, there is “significant equity” being held by Starbucks in the upcoming crypto platform Bakkt. Starbucks is one of the biggest companies in the world which specialises in providing the everyday businessman to coffee and snacks. The firm has now earned its shares as part of a mutually beneficial agreement. Starbucks will be getting ready to install Bakkt’s payment software in its stores, which customers can use to pay with cryptocurrency. The digital assets will be instantly converted to fiat, in order to keep cryptocurrencies off of Starbucks’ history. In terms of the amount of equity...

Read More

Bitcoin Transactions About To Hit All-Time High

The number of transactions per block for Bitcoin has reportedly exceeded levels set during January last year and could be on the right path for hitting an all-time high. Unfortunately, Bitcoin isn’t on track for reaching its all-time high in terms of price but the transaction volume has gone up by around 34 percent since the start of this year. In fact, there has been an average of more than 350,000 that have been processed each day this year. More than 234,000 Bitcoin transactions were recorded on 1st January and this number seems to have been on the rise over...

Read More

Bitcoin (BTC) Tests Critical Support, Price Eyes A Rally Towards $4,000

Bitcoin (BTC) has just retraced to its 61.8% fib extension level after more than a week of sideways movement. The price is not expected to fall further as the trend line support that it is currently resting on is a very strong one and might serve as a ground for a potential take off from current levels. We have now seen BTC/USD decline past the 21 day exponential moving average which is why it declined so aggressively in the past 24 hours. That being said, the price is still trading above the critical 50 day moving average. The Stochastic RSI...

Read More