bitcoin

As the top two cryptocurrencies on the market Bitcoin and Ethereum are attracting a lot of interest and buyers. Logic would suggest that as the top currencies they are the ones to invest in and that either one is a sound investment. However, with a closer look, you will find these are very different currencies. 

The cryptocurrency market is incredibly volatile, with major fluctuations occurring across the industry thanks to the speculative nature of cryptocurrencies. However, it still responds to various technical analysis indicators, one of which has shown incredible accuracy throughout the market. Now, it seems like crypto is heading for a bull run, at least says one leading indicator - let’s take a look.

Blockchain might have entered into the world scene on the back of currency, but the implications of the technology far outstretch the boundaries of finance. The basic structure of distributed ledger technology is an unparalleled way to ensure the transparent exchange of assets, secure and equal sharing of information and unique ownership of digital information.

More than 2,000 dead, 75,000 infected and 60,000,000 in quarantine. Since the beginning of 2020, the whole world was alarmed by the information about the spread in China of a new type of pneumonia provoked by the coronavirus, which every day infected thousands of people and began to "crawl" around the world. Today we will consider the economic side of this issue, the impact of the public perception of the epidemic on financial quotes and indices, and in particular, on the behavior of cryptocurrencies.

According to the Glassnode statistics service, the number of bitcoin addresses on the network exceeded the indicator of 2017, when Bitcoin cost reached $ 20,000, which is a record all-time indicator.

Anthony Pompliano, the managing partner at Morgan Greek Digital, told when and under what conditions the price of BTC will reach $100,000, and analyst Willy Wu and Bloockroots founder Josh Rager elaborated on such future growth.

TALLINN, Estonia – DataBridge, an Estonian digital company, is thrilled to announce the official launch of the ITEZ exchange service enabling fast and secure bitcoin trading via VISA and MasterCard credit cards. The newly established service is specifically tailored to simplify fiat to crypto conversion.

Blockchain is one of the most discussed topics in many industries. The reason is that this technology is relatively new but it already has a wide range of possible applications. The idea of a chain of blocks protected by cryptography was introduced by W. Scott Stornetta back in 1991, but most people have never heard about this technology until the creation of Bitcoin in 2008.

Bitcoin continued its downward movement on the last day and fell by 2%. Buyers still show their weakness and cannot repel seller attacks. The trading volume also remained virtually unchanged. Currently, the price of bitcoin is $7,220.

Over the past day, bitcoin has fallen by 1.53%, but while continuing to remain sideways. However, it cannot be said that buyers have an overwhelming interest; it looks more like a corrective move. The volume practically did not increase over the past day. Currently, the price of bitcoin is $7,389.