Bitcoin Forecast: What To Expect During The Next Month?

Paying with Cryptocurrencies Cryptocurrencies have taken over the world since they were introduced. They have been making their way into every possible avenue.  They have changed the way traditional payments take place. Since technology has taken over every aspect of today’s world, it’s safe to say that the technological revolution has transformed payment methods as well. Instead of credit, debit or cash, cryptocurrencies can be involved in buying services or goods. Digital currencies are now being relied on for payment. Mobile wallets, cryptocurrency debit cards, and QR codes are essential assets of digital payment.  The thing is, when there’s too

The Ripple community was discouraged by the news of Tiffany Hayden’s refusal to continue working with XRP digital currency. The former CEO of XRP explained her decision by saying that she is experiencing constant hostile attacks from Ripple supporters. As a result, Tiffany Hayden decided to sell all of her XRP assets and exit the Ripple community.  Why did Tiffany Hayden decide to abandon XRP? In the cryptocurrency market, many communities have formed that are grouped around a blockchain. Some of them have “strained”, hostile relations with their participants. A very striking example of inciting conflict within the community is

The Bitcoin exchange rate continues to fluctuate. Investors’ interest in the most popular cryptocurrency does not subside. Financial experts give positive forecasts for the recovery of Bitcoin prices after a recent fall. But the question remains open: when to expect Bitcoin bull run? Bitcoin rate “revived” in early March In February, the fluctuation of Bitcoin seriously worried the participants of the cryptocurrency market. On February 20, the BTC price began to fall and crossed the line below 10 thousand US dollars. This situation caused a mixed reaction among investors. In early March, the most sought-after digital asset grew by 2%

Cryptocurrency can soon attract large flows of new users and reach a new level of development. It is reported Coinbase cryptocurrency exchange CEO Brian Armstrong. On his Twitter, he shared his observations on what causes could be a powerful impetus for the massive increase in users of digital assets. Armstrong drew a parallel between the spread of the Internet and cryptocurrency. He highlighted some similarities that may indicate that cryptocurrency may repeat the “path of popularization” of the Internet. Although Armstrong does not yet give an exact definition of which cryptocurrency will be able to increase the number of users

The power plant, in the Finger Lake District (New York State), is mining Bitcoin cryptocurrency. It brings about $ 50,000 every day. Business management, according to data from Bloomberg, is a private investment company Atlas Holding LLC. Over the past few months, about 7 thousand devices have been installed at the Greenidge Generation power plant. They can produce 5.5 BTC per day. It was revealed, that initially the enterprise, which began its activities in 1937, operated on coal, then switched to natural gas. Employees of Greenidge Generation Miners consume unused electricity, because of which the company could significantly reduce costs.

The global financial market almost daily faces new challenges associated with the spread of coronavirus and forcing the general situation. The last two weeks have become an indicator of the negative forecasts that have been in the air before. The Bitcoin exchange rate fell to $ 8,400. At the same time, US stocks plummeted and triggered a stir on the stock exchanges. Yesterday, March 5, the Dow Jones Industrial Average fell 2.6%. Analyzing the current situation, experts note that Bitcoin remains viable, it has powerful resources to restore its position. Bitcoin repeats December 2019 behavior model It is important to