Binance Futures has launched another perpetual contract making it the fifth one. According to CZ, Binance plans to expand its offering and create futures for the market’s top 20 cryptos.
Bitcoin blockchain network’s mining power has made a new all-time high record thereby indicating the high relative strength of the blockchain. With this, the Bitcoin price has surged 5% to climb above $8300 levels.
Bitcoin’s price has set a new record in 2020. Many analysts believe that a bull run is here. Others think that the price movements may reverse as well.
The initial capacity of SBI and GMO’s mining center will be 300 megawatts and it is expected to expand to 1 gigawatt by the end of 2020.
Bitcoin is actively supported in various former resistance zones, including the levels of $7,800, $7,600, and $7,300.
According to Mike Novogratz, the U.S.-Iranian conflict has high chances to lead to the escalation of the political situation and further growth of Bitcoin and gold price.
Together with Turkey, Qatar joined the club of nations with strict cryptocurrency regulation. Unlike many other countries, Qatar didn’t leave the crypto traders and companies any workarounds to continue operating.
Local businesses and officials keep asking the highest powers of Turkey whether they will legalize the use of cryptocurrency. The CMB finally gives its answers, and they’re not very optimistic.
The upcoming Bitcoin halving which will take place in May this year is likely to become a positive catalyst not only for Bitcoin but also for crypto assets in general.
Amidst the hyperinflation and economic crisis in Venezuela, Burger King has decided to accept cryptocurrency payments in partnership with Cryptobuyer across all of its 40 stores in the country.
As we complete 11 years since Block 0 of the Bitcoin network came into existence, here’s a look into what lies ahead for Bitcoin investors in 2020.
A measure of the computing power devoted to validating the Bitcoin blockchain, hash rate spent much of 2019 in a continuous growth cycle. Only for a brief period in Q3 did the upward trend level off.
From a technical point of view, local support for Bitcoin is generated at the level of $7,100. This is followed by a psychological price level of $7,000 and $6,800, which is holding back the decline in recent weeks.
At current levels, Bitcoin price fell 46% from its annual maximum. As the year 2019 draws to a close in less than 48 hours, many experts have taken the bullish stance on pricing for the new year.
As U.S. stocks recently hit new all-time high, famous gold bug Peter Schiff provided his sarcastic remark that Bitcoin price doesn’t correlate with the performance of other asset classes.