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BTC Today 2 December 2020

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Bitcoin (BTC) is recognised as the world’s first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental and technical analysis. Bitcoin continues to lead the way forward and yesterday touched a new all-time high of just under $20,000 and now looks set to move even higher in the coming days. Other tokens and coins have rallied hard recently but remain far away from their December 2017 spike peaks. BTC’s dominance of the market remains at just over 62% with the market as a whole capitalized around $580 billion. Bitcoin continues to gain support from a positive moving average set-up with all three simple dmas pointing higher and in sequence. Last Thursday’s sell-off has been bought back, producing a short-term series of higher low...
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Ethereum 2.0

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1 December , biggest update in Ethereum’s history will begin its first phase on Ethereum 2.0’s Beacon Chain’s launch has been set for Dec. 1 at 12:00 UTC. The backbone of Ethereum 2.0, the Beacon chain is an interim blockchain that will operate alongside the current network as it begins the first of four migration phases to the new network. following the transfer of 524,288 Ether (ETH) from 16,384 validators into the Eth2 deposit contract since it went live on Nov. 4. Despite early concerns stemming from low staking participation, transfers to the deposit contract rapidly increased over the past day, with more than 200,000 ETH sent to the contract in the past 14 hours. ETH’s price ran up in anticipation of the upgrade and is currently resting just above $600. While genesis participants will not be able to withdraw their coins until ETH 2.0 reaches Phase 1.5 — which will merge the Ethereum mainnet with Eth2’s beacon chain and sharded environment — many hodlers are waiting for third part...
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