Blockchain 

Bitcoin Price Hits Two-Week Low, Garnering Interest from Small Investors

Bitcoin price fell by 9.8% last week, registering its most significant weekly decline since mid-March. The currency hit a two-week low of $8,630 early Monday, with prices last seen at $8,730—which is down more than 11% from a post-halving high of $9,960 on May 18. The recent price drop is, in turn, causing the number of addresses holding smaller amounts of Bitcoin to rise. The number of unique addresses that are holding at least 0.01 BTC (approximately $87 at current price) rose to a new high of 8.47 million on…

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Bitcoin 

Bitcoin Hits $9K on Strong Momentum

Back in 2019, Bitcoin had been in the middle of a massive rally at the beginning of the year, and it seems that there might a repeat this year. In a new development that should come as a major boost to BTC investors, the cryptocurrency surged past $9,000 a token. It is believed that the main trigger behind the rally lies in the latest statement from Twitter’s Jack Dorsey. Key Triggers Dorsey, who is also the Chief Executive Officer of the payments company Square, stated that he is going to…

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Ethereum 

Tezos (XTZ) Hits New High for 2019, Market Cap Tops $1.4 Billion

Tezos (XTZ) is having a strong end to 2019, with the token seeing its price surge over 85% since early November. This boosts expectations for appreciation going forward as adoption continues to grow following initial skepticism. XTZ Storms into the Top Ten This week, the digital coin continues its impressive performance and gained 25%, making it the best-performing token among the top ten digital coins. Currently, the coin is trading at $1.72. On December 8, the token stormed into the top ten coins by market cap for the first time.…

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Blockchain 

Bitcoin Hash Rate Hits 80 Quintillion for the First Time

Bitcoin (BTC) surpassed another milestone on Thursday, August 8, as the world’s leading cryptocurrency’s hash rate hit 80 quintillion for the first time. This news comes during a good week for BTC, which saw the coin’s value top $12,000 USD twice in three days amid fears that a global recession is on the horizon. What is Hash Rate? In its simplest terms, hash rate is a measure of the processing power of the Bitcoin network. When Bitcoins are mined, a difficult mathematical puzzle must be solved before mined coins can be…

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Blockchain 

Bitcoin (BTC) Price Continues to Shine: Hits $13K Mark

Bitcoin (BTC) is showing no signs of slowing down after an impressive start to the year. After a 250% plus rally, the flagship cryptocurrency has hit the $13,000 level, capping a 40% plus spike over the past week. Given the strength of the upward momentum, Bitcoin price could be on its way to the $14,000 mark. Investors will no doubt be waiting to see if it will make a run for all-time highs of $21,000 again. Bitcoin Price Catalysts The recent rally in Bitcoin price can be attributed to many…

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Blockchain 

Bitcoin (BTC) Moves Up Again, Hits New High Above $9,300

Over the past few months, Bitcoin (BTC) has been surging and it has hit a new year-to-date high surpassing the $9,000 level for the second time in 2019, a feat that has left investors looking at the $10,000 mark. Bitcoin Rallying Bitcoin is 151% up year-to-date and the rallying of the most popular cryptocurrency has been associated with the inauguration of the CME Bitcoin futures market. In the last session, the coin was up by 7.50%, hitting price highs per of $9,387 on Bitstamp Exchange before experiencing a slight fall.…

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Blockchain 

Litecoin Continues Its Robust Performance, Hits New 52-Week High

In the last five months, Litecoin (LTC) has performed exceptionally in the cryptocurrency market and has grown 3.5 times. On Monday, Litecoin’s price grew to its highest level in the last 12 months, rising to $128.07. The last time the price of the coin came close to that was last year on May 23 when it traded at $126. LTC Performing Well Despite Market Fluctuations Currently, Litecoin is defying odds and continues to perform well despite the current market fluctuations. There has been mass adoption of Litecoin that is driven…

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Cryptocurrency 

Bitcoin Remains Stable | Crypto Market Capitalization Hits New High

Over the last month, the cryptocurrency market was on a hot streak, rising about 38% as investors piled into crypto assets such as Bitcoin and other popular alternatives like Litecoin, Ripple’s XRP, Ethereum, Bitcoin Cash, and EOS. Crypto Market Capitalization Hits New All-Time High At the beginning of the month, Bitcoin (BTC) price surged, taking analysts and traders by surprise as to what might have caused the sudden increase in price. However, analysts are unsure whether the cryptocurrencies will hold their recent gains. But considering Bitcoin has managed to maintain…

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Bitcoin 

Bitcoin Hits Lowest Level of the Year Thus Far

Today is a bleak day for cryptocurrencies everywhere as Bitcoin hits the lowest level of the year thus far. Where Bitcoin goes, the rest of the market tends to follow, and indeed, the index shows us all the top-ten coins are experiencing double-digit losses. Bitcoin Hits Lowest Level of the Year Currently, Bitcoin is down over 10% and has touched a low of $5,550 a coin. This price is the weakest the coin has been since October 2017 and also puts an end to what was the steadiest period the coin experienced in months.…

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