Bitcoin (BTC) Transaction Count Has Crypto Community Bullish Bitcoin Transaction Counts On The Up-And-Up Although Bitcoin (BTC) has continued to struggle in recent weeks, posting harrowing losses day-in, day-out, there are some optimists that are adamant that investors shouldn’t be alarmed. Case in point, Ramen Lee, a crypto designer, recently took to Twitter to note […]
Bitcoin ‘could rise by 84 per cent’ in 2019 After a horror 2018, these experts are tipping a bitcoin bounce that could see the cryptocurrency end the year at nearly double its current price. After peaking at $US20,000 in December 2017 off the back of a global cryptocurrency mania, bitcoin lost 71 per cent of […]
Digital Gold Thesis Shows Bitcoin (BTC) Is Undervalued, Should Be At $10,000 Bitcoin Likely “Massively Undervalued,” Claims Analyst PlanB, a leading cryptocurrency-friendly researcher on Twitter that has the handle “100trillionUSD” a (likely reference to his/her long-term prediction for the market capitalization of Bitcoin), recently took to his feed to claim that at the moment, BTC […]
Bitcoin Price Weekly Analysis – BTC Rebound Approaching Crucial Resistance Bitcoin price formed a support base near $3,370 and recovered higher above $3,450 against the US Dollar. There was a break above a major contracting triangle with resistance at $3,440 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair seems […]
Bitcoin Is Now Officially In Its Longest Bear Market Ever Bitcoin has officially entered the longest stretch of declining prices in its 10-year history. The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower […]
Bitcoin – The Bears Fight back to Drag Bitcoin to sub-$3,500 It’s back in the red and after a 6th consecutively monthly loss, can Bitcoin avoid sub-$3,000 levels? Bitcoin fell by 0.73% on Thursday, partially reversing a 1.48% rise from Wednesday, to end the day at $3,503.8. For the month of January, Bitcoin fell by […]
Fidelity’s Bitcoin Custody Service Could Launch This March Fidelity Investments, one of the world’s largest asset managers, is breaking into bitcoin custody. According to a recent report from Bloomberg, three people “with knowledge on the matter” from firms in contact with Fidelity have said that the company is tentatively planning to launch a custody […]
Bitcoin – Finally some Green on the Board. But Can It Hold? Is $3,500 the new line in the sand for Bitcoin? A breakout through to $3,550 levels would certainly ease the pressure… Bitcoin slipped by 0.66% on Tuesday, following on from Monday’s 2.65% slide, to end the day at $3,477.9. A start of a […]
Bitcoin drops further as 2018’s agony keeps going Bitcoin’s painful 2018 crash continues, with the original cryptocurrency touching the lowest in more than a month on Monday. Falling as much as 5.2% since the weekend, the largest digital asset in the space dragged the Bloomberg Galaxy Crypto Index to its worst decline in more than […]
Wall Street quietly shelves its bitcoin dreams Squeamish from the start about pursuing profits in one of the darker corners of finance, established firms this year slowed their already halting efforts to make a business out of Bitcoin mania. While none has thrown in the towel, and some continue to develop a trading infrastructure, most […]