Gold vs Bitcoin, what has been the better investment in 2020? What is the outlook for the next couple of...
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.
Bitcoin was lower on Tuesday after the U.S. dollar continued a corrective bounce from recent weakness. The U.S. dollar index,...
Bitcoin price failed to hold onto its gains early in the week as the coin slipped back below the key...
Bitcoin price trades lower for the third straight day as the correction from recent highs at 12,472 continues. Bitcoin correction follows the pullback in risky assets after the Fed warned markets
Bitcoin price (BTCUSD) is in the red today, a day after it reached the important resistance level of $12,436. The...
Bitcoin price (BTCUSD) upward momentum has faced significant resistance today. The world’s biggest cryptocurrency, which has a market cap of...
Portnoy goes into Bitcoin - a bullish break is expected
Bitcoin remains bid on dips, into support area
Bitcoin price is little changed as traders wait for the next catalyst. The BTCUSD is down by 0.42% and is...
Bitcoin prices made a brief visit to the price zone above $12,000, but met sharp rejection and a brief pullback...