Bitcoin is showing signs of profit booking, resulting in a slight downturn in altcoin prices.
Bitcoin’s price hit a 2020 record as ether’s share of the market dips.
Bitcoin hit a new 2020 high and altcoins rallied as PayPal announced that it will support crypto payments.
Cryptocurrency markets have seen intense gains on Wednesday after the payment processor Paypal announced it would be supporting digital currencies. At the time of publication, the market cap of all 7,000+ digital assets has gained 5.6% hovering above $379 billion during the afternoon trading sessions. Digital currency markets have increased a great deal during the […]
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Payments giant Paypal says its customers can now buy, sell and hold bitcoin and other virtual coins with the company’s online wallets. The company also says its customers will able to use cryptocurrencies to shop at the 26 million merchants on its network starting in early 2021. A report quotes the company’s President and Chief […]
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Bitcoin price may rise to a new 52-week high if it can break above the ascending channel and this move could ignite the altcoins.
Cashfusion, the privacy-enhancing solution for the Bitcoin Cash network is nearing its one-year anniversary and during the last four months, fusions have increased by 328.93%. The protocol recently completed a security audit and fusions are nearing 20k with close to $200 million worth of bitcoin cash fused to-date. On November 28, 2020, the Cashfusion protocol […]
The post Cashfusion Use Increased by 328%, $200M in BCH Fused and Close to 20,000 Fusions appeared first on Bitcoin News.
Bitcoin and altcoins must rebound off their immediate support levels to recapture bullish momentum and resume the uptrend.
Bitcoin’s price is trending up while ether futures open interest has stopped growing in the past month.
Bitcoin and most major altcoins are sustaining above their immediate support levels, increasing the possibility that the uptrend will resume.