CryptoNewsZ

• Bitcoin Takes Support from $30k Despite Upside Potential July 22, 2021
  The price action on Bitcoin seems to be capped at $30000 on the lower side. Just like the buying action seen during May 19, 2021, and June 22, 2021, BTC price has again bounced back. This assures a minimum risk for investors with good profitable opportunities. Technical analysis indicates some strength on price charts. Bitcoin […]
  Trevor Holman
• What Does the Bitcoin Decreasing Hash Rate Indicate? July 6, 2021
  Altcoins altered the market sentiment along with the rise of Ethereum as they surpassed Bitcoin for the first time in history. ETH surpassed BTC on the total number of active addresses for the first time. This surely is triumphant news for Ethereum supporters but what could it mean to the Bitcoin fans? BTC has been […]
  David Cox
• Can Bitcoin Reclaim the Psychological $50,000 Level? June 29, 2021
  Bitcoin has been stumbling for a long time and has recently registered a 50% drop. From the highs of $64967 to the lows of $28810, it touched on June 22, we have witnessed a strong pullback of more than 20%. As of now, bitcoin is trapped between stiff resistance and strong support levels. The future […]
  Trevor Holman
• Why Is Bitcoin (BTC) in Red? June 21, 2021
  BTC was in the uptrend for a short duration and even broke through its immediate resistance at $40,000 and stayed above this psychological level for two days. But Chinese crackdown on mining companies has put a huge dent in BTC valuations. Even the hash rate for BTC mining fell by 18%. First, China banned financial […]
  Roxanne Williams
• Bitcoin Continues to Suffer Amidst Chinese Crackdown June 21, 2021
  The crackdown by the Chinese authority on Bitcoin mining has resulted in a considerable fall in the value of the largest cryptocurrency by market capitalization.  According to the latest reports, Bitcoin suffered a negative growth of 5.5% and fell to $34k on Sunday. The negative impact on the value of Ethereum was also Apparent from […]
  Scott Cook
• Crypto Specialist Dan Morehead Urges Everyone to Buy Bitcoin June 17, 2021
  The CEO of Pantera Capital, Dan Morehead, is growing more and more enthusiastic about buying Bitcoin and is encouraging crypto investors to invest in the cryptocurrency owing to the favorable downtrend in the market. The price crash that occurred in the Bitcoin market in May 2021 led to a panic-stricken outflow of investors from the […]
  David Cox
• Can Bitcoin Ever Replace Fiat Currencies? June 15, 2021
  With El Salvador legalizing Bitcoin as legal tender and forward-looking companies like Tesla, MicroStrategy, and Square accepting payments in Bitcoin, the debate once again rages on whether cryptos like Bitcoin can ever replace fiat currency. According to BItstamp CEO Julian Sawyer, Bitcoin has drawbacks like extreme volatility and most likely be part of the payment […]
  Scott Cook
• Bitcoin Rallies Again – Will It Cross $40000? June 14, 2021
  The rise in interest and acceptance of El Salvador as their official currency was pushing BTC above the support levels, but the new possibility of being used as a currency for buying Tesla’s has created a huge impact on BTC. With some more positive news, Bitcoin price can move ahead to test all time highs […]
  Trevor Holman
• Bitcoin Hits $37k Level After El Salvador’s Endorsement June 10, 2021
  The first and the most valuable amongst cryptocurrencies, Bitcoin, is a virtual/digital currency that uses cryptographic technology to regulate and issuance of currency units. Developed by Satoshi Nakamoto, who first felt the need for an e-payment system based not on trust but cryptographic proof, one can buy, sell or trade BTC directly without an intermediary […]
  Trevor Holman