Bitcoin Price Surges Past $9300 Level to Make a New High for 2019
Bitcoin achieved a new milestone on Sunday with its price smashing past $9000 levels. Other metrics suggest a strong buildup of the Bitcoin technicals and fundamentals.
Everything you need for the flagship crypto: from price movements and halving cycles to institutional adoption, on‑chain metrics and market strategy around Bitcoin. Follow how Bitcoin’s narrative evolves, why it matters to global finance, and what shifts could impact its future role as digital gold.
Bitcoin achieved a new milestone on Sunday with its price smashing past $9000 levels. Other metrics suggest a strong buildup of the Bitcoin technicals and fundamentals.
Next Bitcoin halvening is in May 2020 and we are expecting to see huge price increase in 2021. Bitcoin miners currently receive 12.5 BTC each time they successfully mine a block. By the end of May 2020 (the next Halvening) they will earn just 6.25 BTC.
A Bitcoin halvening is a fixed event and will occur after every 210,000 blocks are mined, or confirmed, by the system. StillMark Capital analyst Alyse Killeen thinks that there will be even greater demand for Bitcoin.
COR Index published its latest monthly report of key crypto exchange data. The report is based on figures gathered from over 150 cryptos and the top crypto exchanges.
To launch its crypto trading services in the U.S., Binance has partnered with local firm BAM Trading Services Inc. The company will release further details of the launch in the coming days.
The Deputy Prime Minister of Italy proposed a new tax on cash and other valuables held by citizens at safety deposit boxes. Thi measure could drive people towards Bitcoin as a way to keep their savings safe from cash-strapped government ministers.
ICE’s Bakkt plans to set a new standard for institutional market quality for digital assets with the launch of its Bitcoin Futures platform on July 22, 2019.
Following the news on the stock exchange market’s involvement with cryptocurrencies, Cryptoindex enters into a partnership agreement with Reuters, Bloomberg and Tradingview.
On July 13, Thursday, the BTC is consolidating around $8,131 after being much active the day before.
The crypto market has responded positively to apparent demand from venture capitalists and institutional investors. Analysts think that none of the Bitcoin’s previous price rallies had the same optimism.
Justin Sun is quite optimistic of his meeting with Warren Buffett and is said to have invited some influential figures from the crypto space to communicate with Buffett the merits of blockchain and the opportunities that lie ahead.
This edition of Max’s Corner examines the recent steps that Facebook and Apple have taken to enter the crypto space and the potential effects those steps could cause.
Radix has managed to achieve a speed of over 1 million transactions per second while replaying Bitcoin transactions history.
Facebook’s Study App targets Indian and US users to determine their browsing behavior but it could be a preparation for the launch of its GlobalCoin set to also start in India.
Coinbase has forayed into six European countries with its Visa debit card service, now allowing customers in the region spend their cryptos enjoying flexible payment system.