Bitcoin – BTCUSD

In this section, you will find important Bitcoin news, actionable trading ideas, and a live Bitcoin (BTCUSD) chart to help you understand the markets better.

Bitcoin (BTC) was the first cryptocurrency to turn mainstream. It is a peer-to-peer system that is controlled via blockchain technology. There is no bank or administrator controlling the digital currency. Bitcoin can be used to buy and trade on crypto exchanges, and is traded against the world’s major currencies such as the USD (BTCUSD). Bitcoins are stored in electronic wallets, which depend on private keys and cryptography. The private key is to manage your Bitcoin wallet while the public key is used to send and receive Bitcoin.

As Bitcoin transactions occur, records must be logged into the digital system called the Blockchain, but these logs are be done by sophisticated computer systems. Those who own these systems can allow their computer to log these records into the Blockchain and as a reward for their time and service, they receive Bitcoin.

There are a growing number of businesses and individuals using Bitcoin. This includes businesses like restaurants, hotels, and law firms, as well as popular online services such as Namecheap, Overstock.com, and Reddit. While Bitcoin remains a relatively new currency, it is growing fast. Therefore, relatively small events, trades, or business activities can significantly affect the price. In theory, this volatility will decrease as Bitcoin markets and the technology matures.

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Bitcoin (BTC/USD) News

Bitcoin BTC

Bitcoin BTCUSD Rejected at $7,500 Again

Βitcoin - BTCUSD consolidates in the middle of the weekly trading range at $7,384. Yesterday BTC made an attempt above the $7,500 but retreated again back to $7,300 region. Trading volumes are above average the last trading sessions and that has added to volatility. The BTC capitalization stands at 134.49 [...]
BTCUSD

High Volumes and Increased Volatility for Bitcoin BTCUSD

Βitcoin - BTCUSD trades higher after the cryptocurrency run an impressive rebound yesterday from daily lows above the $7,000 mark up to $7,770 close to three-week highs and retreated sharply back to $7,300 level. BTCUSD faces strong resistance around the $7,800 region where capped during the recent rebound from $6,534 [...]