The price of the BTC remains stable at around USD 9,700. Everything seems to indicate that investors are comfortable with the current levels of the Bitcoin dollar. Can this boring side be followed much longer?
Bitcoin Price Anchored at USD 9,700
The market’s leading cryptomone currency, BTC, remains anchored at USD 9,700, and in this context there is much talk about future trends for Bitcoin.
Analysts continue to provide forecasts about the immediate future of the cryptomone currency, such as that it will reach USD 75,000 in a few weeks.
The truth is that the strange stability in the price of Bitcoin in the last few days confirms the new support, and at the same time offers proof of its growth as an asset and investment alternative.
At the time of writing, the price of Bitcoin is trading at USD 9,775 with an increasing variation of 0.71%.
Crypto company BlockTV announced its closure
The news portal focusing on the cryptomint sector, BlockTV, has reportedly stopped operating due to economic problems caused by the coronavirus pandemic. For the time being, the startup has already completely ceased operations at its Tel Aviv office, where 35 people were working.
BlockTV’s director of operations, Noa Tamir, said: „The covid-19 crisis has affected us greatly. We have made the decision to close BlockTV. We are extremely proud of the brand that we have created and all the new content and news that we have brought to the blockchain and crypto community. We look forward to reviving BlockTV in the future.
Ethereum miners received better rates than Bitcoin
The Glassnode data analysis startup revealed that Ethereum miners‘ (ETH) earnings exceeded Bitcoin miners‘ (BTC) earnings by nearly $200,000. The Ethereum miners, Glassnode said, received $498,000 in fees, but the Bitcoin miners received $308,000.
This is a rare occurrence on the Web. The fact that a kryptonie gets a higher commission than Bitcoin means it offers great opportunities for investors.
Glassnode expressed through its Twitter account the details of the frequency and magnitude of the event. „Ethereum’s daily commissions exceeded Bitcoin’s daily commissions yesterday. Ethereum fees: 498k and Bitcoin fees: 308k. So far, this has happened 141 days (8%)“.