3 Things Holding Back Bitcoin Price From $7K Right Now

[ad_1] Bitcoin has slowly regained value after its major correction two weeks ago. It now appears on the cusp of breaking USD $7,000 yet every gain is followed by a short correction. A series of factors keep preventing it from breaking this important price line.  GLOBAL MARKET UNCERTAINTY Every commodity market has been shaken over the past few weeks. There is no shortage of investors eager to take advantage of

Binance Reveals the Secret Behind Its Cryptocurrency Futures Success

[ad_1] Aaron Gong, vice president of futures at major cryptocurrency exchange Binance, explained to Cointelegraph how the firm managed to become one of the top crypto futures trading platforms.As Cointelegraph reported earlier this week, Binance recently overtook BitMEX and became the second-largest platform in terms of 24-hour Bitcoin (BTC) futures trading volume. When asked whether he is surprised by such success, Gong said that the firm created the product with

Bitcoin Fares Well Against Fiat Currencies, but It’s in a Class of Its Own

[ad_1] Gone are the days of dusty ledgers and checkbooks. Over the last decade or so, the word “money” has taken on a completely new meaning for a lot of people all over the world. This is partly due to the masses being utterly frustrated with the way many big banks handle their business transactions.In fact, with the use of physical money on the decline, the market for digital payments

Ripple CEO Voices Outrage Over Fake XRP Scams

[ad_1] When the co-founder of SPQR Media (and presumably Ripple supporter) alerted Brad Garlinghouse of a fake YouTube account using his name, the Ripple CEO lost his calm. He took to Twitter to call for greater action on scammers, saying “enough is enough” and warning “more to come.” Ripple CEO Tells YouTube to Crack Down on Scammers When Garlinghouse discovered a YouTube account using his name to promote a fake

ETH 2.0 Audit Highlights Risks to Block Proposers and P2P Protocol

[ad_1] Technology security firm Least Authority has published an audit of the specifications for ETH 2.0 — the long-awaited overhaul of the Ethereum (ETH) protocol.Least Authority audited ETH 2.0’s during January at the request of the Ethereum Foundation. The firm worked alongside the Foundation throughout the process and compiled the final version of the report on March 6.Ethereum Foundation commissions Least Authority to audit ETH 2.0The security firm reviewed the

XRP Price Set for Big 40% Drop as Bitcoin’s Dominance Climbs Higher

[ad_1] Bitcoin (BTC) has been showing strength recently, as the price surged from $3,750 to $6,650 in a matter of one week. Not only have Bitcoin and crypto been showing strength, but a similar move is also seen in the equity and commodity markets. The United States’ equity markets have seen a relief bounce of 23%, while gold and silver showed a bounce of 13% and 25% as well. However, altcoins

European Commission Calls On Blockchain Devs for Defense-Focused Solutions

[ad_1] The European Commission (EC) is offering grants to blockchain developers and other specialists for solutions that adapt technologies from civil to defense applications.On March 24, the EC published a European Defense Industrial Development Program tender calling on small-to-medium enterprises (SMEs) to propose rapid, cost-effective solutions — focused on new approaches and proposals for technologies or concepts that have previously not been applied to the defense sector.Combinations of blockchain with

Bitcoin Cash Miners Leave Network for BTC Amid Difficulty Drop

[ad_1] It’s troublesome times for everyone right now, not least for miners. But as Bitcoin experiences its second-largest drop in mining difficulty at 15.95%, miners have started abandoning BCH for the leading cryptocurrency. Miners Move After Difficulty Drop Soon after suffering a brutal sell-off inline with traditional markets, and the worst in seven years, the Bitcoin network adjusted its mining difficulty on March 26 from 16.55TN to 13.91TN. If you

Bitcoin in Danger of Breaking $6K After Forming Double Top

[ad_1] Bitcoin has slightly declined during the last 24 hours, according to Coinmarketcap data, but the drop might extend in the coming hours and days. Currently, the BTC/USD pair is trading at $6,616.25 as of 7:47 UTC. Bears Might Take Control of Bitcoin Mood Yesterday, the price couldn’t break above $7,000 on most major exchanges and formed a double top on the hourly chart, which is a well-known bearish pattern

Physical Delivery of Bitcoin in Bakkt Futures Rises 44% in March

[ad_1] Physical delivery of Bitcoin (BTC) for futures on the Intercontinental Exchange (ICE)’s Bakkt platform is going strong, despite a tumultuous month for the markets.Data from Arcane Research posted on March 26 reveals that, as of March 20, the number of traders opting to receive physical delivery of the cryptocurrency rose 44% on the month.Bakkt delivery of Bitcoin, Oct. 2019- March 2020. Source: @ArcaneResearchPhysical vs. cash settlement Bakkt’s Bitcoin futures contracts