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How Long Will Bitcoin’s Market Cap Dominance Continue to Increase?

For more news latest update & Free Crypto signals visit this Telegram channel given below                                Visit - https://t.me/btctradingclub   The majority of cryptocurrencies have increased significantly in price since their inception. However, the market capitalization of Bitcoin has often been higher than that of all other cryptocurrencies put together. The lowest ever Bitcoin dominance percentage has been 35%, which was reached in January 2018. Interestingly enough, this was the time when the price of BTC was at an all-time high. Bitcoins’ market cap dominance is currently at 68%. Twitter analyst @davthewave has projected a movement in which Bitcoin continues to assert its dominance until the end of 2019. According to him, the bitcoin market cap is trading inside an ascending wedge and will continue doing so for the rest of the year and afterward, it will...

Bitcoin Whales Move Nearly Two Billion Dollars For Next to Nothing

For more news latest update & Free Crypto signals visit this Telegram channel given below                                Visit - https://t.me/btctradingclub   The ability to move large sums of money in Bitcoin (BTC) at remarkably low costs continues to prove itself true. Often referred to as ‘whales’, massive BTC transactions have been recently completed with fees that are far less than legacy banking The transaction fees were remarkable, even by cryptocurrency standards. The first transaction was for 107,848 BTC, or approximately $900 million. The fee of .02 BTC, or just $166, shows just how simple the digital payment system is designed to be. The second transaction of similar value had an even lower fee. The whale moved 112,027 BTC for a mere $3.89. Moving the Mark Each transaction would have cost far more with normal banking methods. International SWIFT fees are fixed, but...

#Visa and Mastercard Could Have Slowed Us Down,’ Claims Libra’s Managing Director

For more news latest update & Free Crypto signals visit this Telegram channel given below          Visit - https://t.me/btctradingclub Despite the bad publicity over Visa and Mastercard leaving Facebook’s cryptocurrency project, the newly-elected Managing Director and COO of Libra, Bertrand Perez, said that it won’t slow down its development. Facebook’s Libra was hit with some bad PR recently over the departure of two major sponsors of the Libra project: Visa and Mastercard. However, this has apparently not deterred Facebook’s cryptocurrency plans. Betrand Perez, the COO and Managing Director of Libra, told French magazine Capital recently that it is “better that they did it now than later.” Libra’s 21 Official Members Are Motivated ‘2,000%’ Perez did not mince words in expressing the utmost confidence in the Libra project recently. The COO stated that the existing 21 official members have only been further emboldened by the departures of Ma...

Bitcoin likely to return to $6,000 according to Wyckoff Logic

For more news latest update & Free Crypto signals visit this Telegram channel given below           Visit - https://t.me/btctradingclub     The price of the leading cryptocurrency may soon fall to $6,000 if Wyckoff logic is followed. The price of bitcoin is currently hovering at around $8,200. BTC tumbled late last month as it fell 13% in the space of 24 hours. Since then, it has managed to make a noticeable recovery, but trend analysts are still bearish on bitcoin. The price of the leading cryptocurrency failed to maintain an upward momentum when it crossed above $10,000 mark a month ago. At the time of writing bitcoin is changing hands at $8,300. According to an analyst, since December 2018, BTC’s chart has looked precisely as defined by the four market phases in Wyckoff logic. Wyckoff logic is a way of looking at markets created by prominent historical investor Richard Wyckoff. If the logic is followed, the price of bitcoin is like...

Bitcoin Price upto 838 million percent in laste 10 years; Where Next

For more news latest update & Free Crypto signals visit this Telegram channel given below          Visit - https://t.me/btctradingclub     No other asset in history has made the same progress as bitcoin in terms of gains in value. Its digital scarcity mechanism has clearly worked and passed the market test as prices continue to increase albeit with a lot of volatility. Price predictions for the future are always worth a ponder so where will BTC go in the next decade? BITCOIN’S 800 MILLION PERCENT RIDE This time ten years ago over 5000 bitcoins were sold for just over five bucks in the first market transaction for the digital asset. The transaction is stamped into the blockchain and it marked a milestone for BTC which had just become an economic commodity. ‘Bitcoin economics teacher’ Saifedean Ammous noted the remarkable step in bitcoin’s early life and pointed out that its value had risen by an epic amount since then. He added tha...

BITCOIN MINERS PREPARE FOR 18 MILLIONTH COIN AS JUST 14% OF SUPPLY REMAINS

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For more news latest update & Free Crypto signals visit this Telegram channel given below          Visit - https://t.me/btctradingclub Bitcoin miners will mine the 18 millionth BTC this week, leaving just 3 million left to release before mining stops in the distant year 2140. 3 MILLION BTC, 120 YEARS Data from monitoring resource Blockchain confirmed that the total Bitcoin $8246.92 +0.18% supply had reached 17.92 million as of October 14 According to block calculations, the remaining coins to 18 million should enter circulation before the beginning of next week. “It will take another approximately 120 years to mine the remaining 14.3% of the total supply or ~3,000,000 bitcoin,” analyst Rhythm noted on social media on Monday.  Bitcoin miners create new BTC each time they successfully validate a block of transactions. These occur roughly every ten minutes. Every four years, their reward halves in size, meaning that ‘minting’...

Litecoin Founder: “I Thought Litecoin Was Going To Hit $1,000

For more live Cryptocurrency news latest update Vist this Telegram channel Visit - https://t.me/btctradingclub Visit - https://t.me/bestbitmexsignal The founder of Litecoin (LTC), Charlie Lee, who’s notorious  for selling his entire Litecoin holdings near the peak at around $300 in December 2017, recently said he expected the price to go much higher. In an episode of the most recent “Off the Chain” podcast hosted by Anthony Pompliano, Lee said: Important Lessons from Charlie Lee According to Lee, he had no idea he was selling at the top when he unloaded his Litecoin holdings, which he did to simply separate himself from having a vested financial interest in the project. Lee says he gets asked about price all the time due to the misconception that he timed the top when he sold his Litecoin holdings. However, Lee says he has no idea about where prices are headed, and that anyone who says they do is lying. Adding to this, he said: No one knows if the price ...

Facebook Set to Raise $1 billion for Stablecoin to Venture into Crypto-World

Fore more latest news update on Cryptocurrency Trading & Free Binance Bitmex Trading bot cum Crypto signal on telegram visit this below given Telegram channel Visit - https://t.me/btctradingclub  Visit - https://t.me/bestbitmexsignal According to reports, Facebook is all set to invest in a cryptocurrency project with a massive sum of $1billion. The company designs its crypto as a stablecoin as collateral. Facebook allegedly does so for WhatsApp with the use of foreign currency basket. Reports say that Facebook is working on a cryptocurrency project and blockchain technology. The company desires to build a blockchain division with itself. However, Facebook remains silent on the news regarding the purpose and progress of the coin. Reports suggest that so far Facebook has hired about 30 people to work on the project The former head of Messenger and previous president of PayPal, David Marcus is involved in the project. Facebook hired him to lead the blockchain divis...