Bitcoin Price Hit: Recovery On The Cards?
At the end of last week, we published the second of our twice daily bitcoin price watch pieces. The main premise of the piece was that we had seen quite a lot of upside momentum and that there was every chance that we would see some selling pressure, as speculators took profits and price consolidated. Action has now matured over the weekend, and our thesis proved valid - with the bitcoin price reaching just shy of 462 flat and then correcting towards intraday lows of 425.43. From this level we have bounced a little, but still remain down on the overarching bullish momentum of last week.....
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SpectroCoin, the U.K.-based bitcoin exchange and wallet, has introduced bitcoin debit cards denominated in USD and GBP, complementing its existing EUR-denominated cards. These cards remove the fiat conversion fees needed with regular debit cards when using a specific denomination in a foreign country. Bitcoin debit cards make it easier for bitcoin holders to use bitcoin for making both online and offline payments. The bitcoin-funded cards remove the need to convert bitcoin into fiat to make payments. The SpectroCoin cards are accepted where MasterCard and Visa are accepted. Users can fund....
New GPU cards for mining are on the way, but the demand is too great. So, what are manufacturers doing to solve the shortage? The rise of cryptocurrencies over the past few months, especially with the onset of 2021, has certainly catapulted the crypto niche into the mainstream. While traders buy and sell and try to calculate how much this or that currency has grown by and as large investment funds predict that Bitcoin (BTC) will soon reach $100,000 per coin, big things are also happening in the crypto mining space.Miners in the largest pool, F2Pool, reportedly contributed to the recent....
Ethereum classic price after trading as low as 0.00107BTC started a recovery, but remains in the bearish zone and may continue to weaken. Key Highlights. Ethereum classic price declined further against the Bitcoin, and almost tested the 0.00100BTC support. A new low was formed at 0.00107BTC before the price started a recovery. There was a bearish trend line on the hourly chart (data feed via Simplefx) of ETC/BTC, which was broken during the recent recovery. Ethereum Classic Price Failed Recovery? There were clear chances of more declines in ETC price against the Bitcoin. The price did....
Bitcoin is considered to be the best companion of the tourists. Thanks to the universal nature of the digital currency, it can be used anywhere in the world, provided the merchant accepts it. But now we have bitcoin-powered debit cards. These cards are like normal debit cards issued by banks except that it is connected to a bitcoin wallet. Most of these bitcoin-powered debit cards are connected issued by authorized issuers of well-known electronic payment providers like Visa and MasterCard. These cards will work at any point of sale terminals that are part of the network. This way, people....
Why there are still much fewer crypto card users than cryptocurrency holders, who need cryptocurrency cards, and what are their benefits, shared СEO of the virtual bank TTM Bank Vladislav Utushkin. – The first crypto cards, analogs of bank cards that can be replenished with cryptocurrencies, appeared more than five years ago, but even among the crypto assets holders, not everyone can boast of having one. Why does the popularity of crypto cards lag behind […]