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How do you use a block explorer?


A blockchain, in its essence, provides a digital record of transactions. At present, this most often pertains to transaction records for cryptocurrencies like Bitcoin (BTC). The database of records, called blocks, is often touted for its transparency and immutability. But what do these features really mean? If you want to analyze a blockchain transaction, you first need to know how to use a block explorer...


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https://ecoindiscuss.com/how-do-you-use-a-block-explorer/

Where to Buy With Crypto This Festive Season


Christmas is just around the corner, which means it’s time to get your holiday shopping out of the way for good. And while online retail giants such as Amazon and eBay have made online purchasing wonderfully simple for the average person, they do not really cater to a growing population of individuals who are looking to use their crypto for digital payment purposes...


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The 21 Best Bitcoin Projects Of 2020 – Bitcoin Magazine


Bitcoin Magazine has compiled this list to highlight the 21 companies and projects that we think did the most for Bitcoin in 2020. We admit that this grouping is far from perfect, but our team did its best to objectively curate those that made the biggest impact on the BTC ecosystem this year. Of course, this was a very difficult process and we decided to leave off some projects that may have had a massive impact on Bitcoin the past, but whose influence this year in particular did not rise to make the cut...


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https://ecoindiscuss.com/the-21-best-bitcoin-projects-of-2020-bitcoin-magazine/

We Must Solve Bitcoin’s Custody UX Problem – Bitcoin Magazine


Twelve years is the blink of an eye in historical terms, but it’s an eternity in tech. Just look at the cellphone, which went from niche accessory to absolute necessity in under a decade. Still, new technologies don’t always soar immediately: it took a quarter of a century for the humble washing machine to reach even half of U.S. homes...

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https://ecoindiscuss.com/we-must-solve-bitcoins-custody-ux-problem-bitcoin-magazine/

Bitcoin Looks Similar to How It Did in Late 2016: Quant Analyst


Bitcoin has undergone an extremely strong rally since the March lows. The coin has moved from the $3,000s to $19,900 at the local high for a rally of nearly 500%.

Even still, analysts are hopeful that further growth is on the horizon for the flagship cryptocurrency. One top Bitcoin quantitative analyst “PlanB” recently noted that Bitcoin’s price action in relation to its 200-weekly moving average (simple MA) looks similar to how it did in late 2016 or early 2017:...

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https://ecoindiscuss.com/bitcoin-looks-similar-to-how-it-did-in-late-2016-quant-analyst/

Square’s Bitcoin Investment Made $2 Million Over The Last 24 Hours

Bitcoin price blasted back above $11,000 in response to yesterday’s news that the Jack Dorsey-led Square Inc. had purchased 4,709 BTC to add to company reserves.

Since the news broke about the payment firm’s innovative corporate investment – a growing trend now – the cryptocurrency has risen 4%, adding an enormous sum in ROI to Square’s holdings. Here’s what it could mean for the market, and if a domino effect is beginning with this latest development...


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https://ecoindiscuss.com/squares-bitcoin-investment-made-2-million-over-the-last-24-hours/

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Nigeria’s Yellow Card Processes $165 Million in Crypto Remittances So Far This Year


Nigerian crypto startup Yellow Card says it processed over $165 million in volume during the first eleven months of this year. The figure represents a growth of more than 1,840% over the amount of remittances processed in the last six months of 2019...


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https://ecoindiscuss.com/nigerias-yellow-card-processes-165-million-in-crypto-remittances-so-far-this-year/

After $2,000 Drop, Bitcoin Could Undergo a Strong Bounce For These 4 Reasons

Bitcoin Price Is Primed to See a Bounce

Bitcoin is primed to bounce due to four technical reasons shared by a technical analyst. These are as follows:

Bitcoin has formed a four-hour bullish divergence as the asset reaches high timeframe support...


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https://ecoindiscuss.com/after-2000-drop-bitcoin-could-undergo-a-strong-bounce-for-these-4-reasons/

How does DeFi reach mass adoption?

A report on Friday from Ethereum metrics website Dune Analytics showed that the decentralized finance (DeFi) ecosystem now counts over 1 million unique Ethereum addresses as participants — an over tenfold increase from the 91,000 addresses on Dec. 6, 2019.

But while the growth has been undeniable, some experts caution not to interpret the milestone as a sign of widespread adoption. In fact, in order for DeFi to truly break mainstream, many of the emerging vertical’s proponents may have to rethink their communication and outreach strategies...


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https://ecoindiscuss.com/how-does-defi-reach-mass-adoption/

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Why This Trader Will Be Bullish as Long as Bitcoin Holds $17,800



Bitcoin Must Hold the $17,800 Region

Bitcoin has begun to show signs of weakness after a strong drop last week. The coin currently trades for $19,000, below the $19,900 year-to-date highs but above the $18,200 local lows...


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https://ecoindiscuss.com/why-this-trader-will-be-bullish-as-long-as-bitcoin-holds-17800/

Here are Three Factors Suggesting Bitcoin is Poised to Explode Higher


Bitcoin and the aggregated crypto market are starting to show some signs of strength following the recent turbulence.

Yesterday, BTC rallied independent from the rest of the market, posting notable gains while many altcoins cratered lower.

This led many to call for an end to the recent bull trend seen in the altcoin market, but many of these smaller tokens have since recovered much of their recent losses...

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https://ecoindiscuss.com/here-are-three-factors-suggesting-bitcoin-is-poised-to-explode-higher/

Why one analyst says Bitcoin ‘is on the cusp’ of busting through $20K


The market sentiment around Bitcoin (BTC) is mixed as BTC price dropped almost immediately by 10% right after hitting its previous all-time high at $19,892 on Dec. 1.

Nevertheless, some analysts and fund managers anticipate the dominant cryptocurrency to rise past $20,000 in the short term. But others are adamant that there will be another correction first as seen in previous bull cycles...

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https://ecoindiscuss.com/why-one-analyst-says-bitcoin-is-on-the-cusp-of-busting-through-20k/