Technical

MrBitcoin June 15, 2019

Block space is limited: The Bitcoin blockchain can only process some 10 transactions per second, at most. To resolve this, Bitcoin’s technical community is developing second-layer protocols that process transactions “off-chain,” such as the Lightning Network and sidechains. Using clever cryptographic tricks, these transactions are batched to periodically settle on the Bitcoin blockchain as a […]

MrBitcoin June 14, 2019

Bitcoin price extended gains recently and broke the $8,100 and $8,200 resistances against the US Dollar. The price seems to be setting up for more gains above the $8,300 resistance area. There is a crucial bullish trend line forming with support near $8,140 on the hourly chart of the BTC/USD pair (data feed from Kraken). […]

MrBitcoin June 12, 2019

Bitcoin price recovered recently above $7,900 and $8,000 against the US Dollar. The price failed to stay above $8,000, formed a swing high at $8,080, and recently declined below $7,900. There is a key breakout pattern forming with resistance near $7,940 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair […]

MrBitcoin May 25, 2019

Ripple consolidating with caps at 40 cents After Kava and Switch, Stefan Thomas’ AMA may drive XRP prices Coil is a blogging platform monetize content, rewarding creators with XRP or USD. It is a creation of Stefan Thomas, a former employee of Ripple. In an AMA session, the community is waiting for gems that will […]

MrBitcoin May 20, 2019

Ripple price formed support near the $0.3610 level and recently recovered against the US dollar. The price traded towards $0.4300 and it is currently correcting lower towards $0.3900. There is a short term rising channel forming with support near $0.3950 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is […]

MrBitcoin May 6, 2019

Ripple price struggled to gain bullish momentum and declined below $0.3000 against the US dollar. The price is currently trading below key supports and it could extend losses below $0.2940. There is a short term bearish trend line forming with resistance near $0.2980 on the hourly chart of the XRP/USD pair (data source from Kraken). […]

MrBitcoin April 23, 2019

Tron (TRX) prices stable at 2.5 cents Critics claim Tron cannot scale and SUN side chains is a cover for that deficiency By default, Tron claims to be scalable with high throughput. However, critics are back arguing that the SUN Network is a cover for the network’s inability to scale and handle BitTorrent’s requirements. In […]

MrBitcoin April 18, 2019

Ripple price gained bullish momentum and broke the $0.3265 and $0.3300 resistances against the US dollar. The price even climbed above the $0.3350 resistance level to move into a positive zone. This week’s highlighted key bearish trend line was breached with resistance near $0.3288 on the hourly chart of the XRP/USD pair (data source from […]

MrBitcoin April 9, 2019

Ripple prices slide 2.5 percent Volumes drop reflects low prices Although centralized exchanges play a role, it should be a worry if they become too big to fail because if they do, then it will pull down the market with it. Meanwhile, sellers are back, and Ripple (XRP) may drop to 34 cents or lower […]

MrBitcoin March 30, 2019

Ripple prices up 1.3 percent Volumes surge as xRapid benefits flow Bitstamp, Bitso, and Coins.Ph XRP related volumes are surging. As a results, it could support Ripple (XRP) prices as xRapid is now commercially available. Now that prices are steady in a bullish arrangement, it is likely that prices will break higher towards 40 cents […]