Time to sum up the goings on in the world of Bitcoin once again. Let’s see what’s been going on last week. What significant developments have there been and what has the price been up to last week.
Bitcoin in the News This Week
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Time to sum up the goings on in the world of Bitcoin once again. Let’s see what’s been going on last week. What significant developments have there been and what has the price been up to last week.
Bitcoin is on a rather awesome climb again whilst the halving of the mining reward draws closer. There have also been some other recent interesting developments in the field of blockchain. In this article I will go through the recent events that have been shaping Bitcoin’s price in the very recent past. We are currently witnessing some rather interesting times. Financially, economically and also in the field of technology. On top of the halving of the reward that is predicted to happen around 26th of July there’s also another event of financial significance that is rapidly drawing closer – Brexit. I’m sure you’ve already heard, as you know, all of the news outlets keep banging on about it. Yes, Great Britain is having a referendum on the 23rd of June where people will decide whether they want to remain or leave the European Union.
We’re gonna start giving you a monthly overview of the Bitcoin price. Technical analysis is the key to success and trading profitably. This is why we’re going to do a monthly look back on its movements and giving you info on the indicators and support and resistance levels. This will help you have insight into what the price might be up to in the near future, helping you execute more profitable trades.
As the use of Bitcoin and other cryptocurrencies becomes more and more popular, we see an increase in products available. There are so many crypto apps available that serve many different purposes. From smart contracts to securing a country’s health records to playing little addictive games – blockchain gives us so many wonderful new opportunities and features. It is said to revolutionize the banking system. Let’s have a look at some particular products that might help you send the banks packing. I am specifically talking about Bitcoin debit cards.
There are so many posts and articles on the technical aspects of the cryptocurrencies. I also mainly write about techy and how stuff works topics. But the stories that I enjoy most are about real people. Just like you and me. I always feel inspired and happy reading about true success stories from ordinary people. Cryptocurrencies aim to make the world a better place, let’s see how they’ve changed some people’s worlds or how people are changing the world with Bitcoin.
As we’ve now well settled into 2016. Made awesome new year’s resolutions. Achieved a lot of them and also probably broke most of them. As the start of the new year always brings new highs or lows when it comes to assets let’s have a little look at what the price of Bitcoin has been up to this year.
So, you want to start trading Bitcoin on an exchange? You think you know what you’re doing, but what the hell do all these new words mean?! Let’s dive in and learn more.
Last week a former Bitcoin developer Mark Hearn stated in his blog that Bitcoin is broken. This resulted in a $80 price drop. He predicts a downtrend from now on. Let’s have a look at if this is true and whether we should keep hold of our coins or start selling in panic. I will explain it all below. But simply put. Is Bitcoin dead? The answer lies here.
Dear Traders!
We’re constantly looking for ways how to improve your trading experience on our exchange. HitBTC is happy to provide you with more tools to help you achieve success a little bit easier. We’ve got two new features for you. A small Christmas gift for our fellow traders!
Let me go through and explain them for you a little bit:
I get a lot of questions asking about mining Bitcoin. Everyone’s heard the story of some young kids who mined a huge amount of Bitcoins at its starting days and then were made millionaires overnight when the price hit the roof. Can you still profit like that from mining Bitcoin ? Let’s have a look.