Tag: btc

Coronavirus Crisis may Shake up Smaller Bitcoin Mining Operations

The future of Bitcoin mining during the coronavirus remains in question. Not all countries deem these operations “essential” or “non-essential”, raising a lot of questions. Most Bitcoin mining firms appear to be trucking along nicely. What Comes Next for Bitcoin Mining Operations? How long that situation will remain in place, is a different matter altogether. During the coronavirus crisis, it has become apparent that these operations aren’t always essential. That …
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Bitcoin Price Analysis for April, 14th – BTC Risks To Drop

By Dmitriy Gurkovskiy, author at RoboForex Blog. On Tuesday, April 14th, the leading cryptocurrency is declining, trading at 6850 USD. On D1, the support line of the correctional uptrend is broken away. These dynamics might be interpreted as a reversal aimed at forming a new declining wave with the goal of 3925.70 USD. Note that it reached 50.0% Fibo, so a reversal looks quite natural. The descending dynamics of the MACD …
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Chainalysis Research Confirms Bitcoin Usage Suffers From the Coronavirus

During a global pandemic such as the coronavirus, some people expect the use of Bitcoin to increase globally. So far, that has not been too apparent, albeit it seems that the way Bitcoin is used is undergoing some changes. Bitcoin has not been at the forefront of too many discussions lately. Bitcoin Isn’t Doing Terrible Most people expected the world’s leading cryptocurrency to come out on top when the stock …
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Crypto CEOs Claim the Coronavirus Crisis Will Benefit Bitcoin’s Value

The novel coronavirus outbreak continues to create a fair bit of havoc. Some people seem to believe that this pandemic will be beneficial to Bitcoin’s value in the long run. Many people remain fearful over the novel coronavirus outbreak, for obvious reasons. Will the Coronavirus Help the Bitcoin Price? It remains a global pandemic with an incredibly high mortality rate. Despite most of the world seemingly grinding to a halt, …
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