Bitcoin May Reach $10k Soon, Expert Believes

Peter Brandt, trader since 1980, believes main short-term goal of further BTC growth is the mark of $ 10,615, and the intermediate - $ 9,321
27 May 2019   595

Well-known technical analyst Peter Brandt expressed the opinion that, driven by FOMO of many traders, the price of Bitcoin will soon overcome the $ 10,000 mark.

So, in his opinion, the main short-term goal of further BTC growth is the mark of $ 10,615, and the intermediate - $ 9,321.

Brandt stressed that a rather deep correction is not far off - the bulls will certainly want to take profits. At the same time, the sale will stop buyers trying to jump into the outgoing train.

Top 10 Cryptocurrencies | 27.05.2019
Top 10 Cryptocurrencies | 27.05.2019

Currently the market is booming. The average rate of bitcoin is at around $ 8,721, the BTC dominance index is 57.23%.

Bitifinex to Cooperate With Bitrefill

Exchange's users will be able to purchase products from the Bitrefill catalog with help of Lightning Network
05 December 2019   51

The Bitfinex cryptocurrency exchange has entered into a partnership with the service of replenishing mobile accounts and gift certificates Bitrefill.

Using Lightning Network (LN) technology, Bitfinex users will be able to purchase products from the Bitrefill catalog, which includes more than 2,000 digital gift cards and options for replenishing mobile accounts.

As soon as the user pays for the goods using Bitcoin, Bitfinex and Bitrefill automatically settle through the LN network, which makes transactions cheaper and much faster.

Bitcoin’s use as a means of payment represents an important milestone in the inevitable journey towards mass adoption. This is why the Lightning Network is so important. As an exchange, Bitfinex is at the forefront of developing solutions utilizing this technology.
 

Paolo Ardoino

CTO, Bitfinex

On December 3, Bitfinex integrated payment support through the Lightning Network.