Bitcoin's price (BTC) is heading towards $10,000, noting at the beginning of 2020 a growth of over 30%. Simultaneously, another virtual coin, Tesla, achieved even better results when its shares reached the highest level in its history. Since the beginning of the year, the shares of Elon Muska's company have already increased by 51%.
Bitcoin (BTC) continues to grow for the fifth day in a row. Since yesterday the BTC exchange rate increased by nearly 8%. At the peak moment the value of it reached almost USD 8400, which is the highest level since November. As economists claim, an increase like that is a reaction to the Iran bomb attack on US military bases in Iraq.
A popular trader, Tone Vays, predicted yesterday that the price of Bitcoin will soon fall below USD 7000, adding that the coming years will be the best time to buy BTC. The rate has fallen around USD 6900 earlier today.
There are three main categories of hardware used to mine Bitcoins, and each of them varies when it comes to power and price. This guide will further explain how to create and launch a Bitcoin mine.
A recent crackdown of China on the cryptocurrency market could have led whales to transfer huge numbers of BTC. Just a moment after the reports from this country, an unknown whale transferred 46,000 BTC, worth at that time as much as $338 million.
Within just a few minutes, Bitcoin's price decreased from over $7,800 to $7,500. The current BTC price is around $7,530. The price, then, decreased by over 5% in a day.
A popular analyst, Willy Woo, claims that the next halving will not affect the Bitcoin's price like the previous halvings did and we should not count on the increase of the BTC rate.
As a popular quantitative analyst nicknamed PlanB believes, the Bitcoin exchange rate is likely to increase significantly over the next seven months. What is his speculation based on? The impact of shortage on BTC priceThe
Are you considering investing in BTC and do not know if it is worth giving it a shot? Cryptocurrency analyst advocates that BTC is an extremely profitable asset!
In 2020 Bitcoin will approach another halving. Miners will want to maximize their profits, and therefore they will do everything to ensure that its price does not drop too low.
Bitcoin's average transaction volume exceeded $3 billion during one day. The value increased by more than 200% in comparison to April this year.
This weekend was not easy for crypto assets, for sure. More specifically, almost all cryptocurrencies recorded significant losses in just 48 hours.