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Bitcoin Price Jumps Over the $60K Zone, Crypto Economy’s Market Cap Climbs Above $2 Trillion

Bitcoin Price Jumps Over the $60K Zone, Crypto Economy’s Market Cap Climbs Above $2 Trillion

Cryptocurrency markets have gathered fresh gains this weekend, as bitcoin’s value spiked above the $60k handle touching $61,222 per unit during the early morning trading sessions on Saturday (EST). Moreover, a number of digital assets saw price jumps as well, as the entire market capitalization of all 9,190 crypto-assets in existence is over $2 trillion today. A touch after 1 a.m. (Eastern Standard) on Saturday, the market valuation of the entire crypto-economy jumped 3% higher. Bitcoin (BTC) touched a high of $61,222 per unit coming awfully close to the all-time high (ATH) the crypto asset captured last month. Currently, BTC…

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South Korea’s Kimchi Premium Returns: BTC and ETH Prices Jump 18% Higher Than the Global Average

South Korea’s Kimchi Premium Returns: BTC and ETH Prices Jump 18% Higher Than the Global Average

While a great number of spot exchanges have seen consistent prices in a few select areas in the world, bitcoin is selling for a premium. That’s the case in South Korea right now as there’s a price gap, otherwise known as the ‘kimchi premium’ on domestic South Korean exchanges in comparison to foreign exchanges. Bitcoin, Ethereum, and Bitcoin Cash See Premiums in South Korea Bitcoin prices on domestic South Korean crypto trading platforms are much higher than they are across a majority of exchanges worldwide. For instance, on Tuesday morning (EST) the price per bitcoin (BTC) has been coasting along…

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Cryptojacking Attempts Increased In Q2 As BTC Price Increases

Cryptojacking attempts surged in the second quarter of the year as the prices of bitcoin and Monero increased since the start of the year as we are reading more in our cryptocurrency news today. The number of cryptojacking attempts has jumped as well in the second quarter of the year and the reports indicated that the proof of work-based crypto assets such as Bitcoin and Monero was increasing in value this year, as the cryptojacking cases across the world surged after a year of continues decline. The term cryptojacking refers to when a person that is unauthorized gains access to…

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Things You Can Expect from Bitcoin in 2020

Things You Can Expect from Bitcoin in 2020

Bitcoin had been very interesting to many crypto traders in 2019. The price movements are being described as a coaster. That is because the price levels attained nu the BTCUSD pair were resistance areas. These areas were being tested at least four times. However, the tests did not succeed in breaking the price range to the upside. As a result, the price dropped to as low as $6800. The global economy during the first quarter of 2020 was in total shock. Oil, bonds, stocks, and gold are asset classes that came under siege. Not only that, but the crypto markets…

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