The post Bitcoin News Summary – June 1, 2020 appeared first on 99 Bitcoins.
Barry Silbert’s Grayscale Bitcoin Trust has been accumulating more than the daily Bitcoin supply since the halving. More than 12000 BTC have been mined since the halving, whereas Gray… Read news
Bitcoin is trading nicely above the $9,400 support zone against the US Dollar. BTC price is likely to continue higher towards $10,000 if it clears $9,600 and $. Bitcoin is trading with a positive bias above the $9,400 support zone. The price could strugg… Read news
Spot bitcoin price was up 1 percent as the U.S. futures recovered sharply on Sunday evening. The S&P 500 mini had opened lower amid uncertainty about the effect of riots in major U.S. cities. Bitcoin laggingly tailed the futures to fall below $9,400 but rebou… Read news
Ethereum made its third attempt to set new local highs against its Bitcoin trading pair in 2020 yesterday. This movement has shown signs of being fleeting, however, as the crypto has lost some of its momentum. Although the cryptocurrency is flashing some subt… Read news
Just over an hour ago as of this article’s writing, Bitcoin closed the price candle for the month of May. This was a very important technical event for the cryptocurrency, analysts have said. And fortunately for bulls, BTC closed above a crucial region of res… Read news
In just a few minutes’ time, Bitcoin will close May’s price candle. Analysts say that this close will be crucial for indicating in which direction the cryptocurrency market heads next. A region of importance that many analysts are eyeing is the low-$9,000s. A… Read news