Analysts Eye $20,000 Bitcoin as Price Breaks Major Resistance

Bitcoin leaped over $10,000 in Monday trade as a weakening dollar sentiment sent risky assets higher. The cryptocurrency corrected lower in the early morning Tuesday but signaled strength amid an optimistic macro outlook. Top analysts further predicted the rally to continue, with popular crypto commentator, Ivan Liljeqvist, forecasting a $20,000 price prediction. Bitcoin was among the …

Despite Utility, Bitcoin Cannot Fix Venezuela

There are some misconceptions about how frequently Bitcoin is being used in Venezuela and the problems it can solve there.  In issue number 18 of Bitcoin Magazine, published in January 2014, Cathy Reisenwitz wrote one of, if not the, first accounts arguing why Venezuelans could benefit from Bitcoin — an article titled “Grounded Venezuelans May …

Top Cryptocurrency Assets Trigger TD9 Sell On Weekly Price Charts

The cryptocurrency market has been on an upswing ever since Black Thursday cut the asset class down to its knees around mid-March. After several consecutive weeks of positive price action, the TD Sequential indicator has issued a “9” sell setup across Bitcoin, Ethereum, Chainlink, and other top performing crypto assets. Total Cryptocurrency Market Cap Recovers …

What We Can Learn About Lightning From #LNTrustChain2: Part 1 What We Can Learn About Lightning From #LNTrustChain2: Part 1

The first Lightning Network “torch relay” debuted on January 19, 2019, to spread adoption of second-layer Bitcoin payment protocol. When it concluded in April 2019, it boasted 278 participants and 56 countries visited. One year later, Hodlonaut, the person behind the torch inception started the relay again, on January 19, 2020. After a few days, …