HODL On – In Defense of Bitcoin's Best Investment Strategy In 1987's Black Monday stock market crash, Sam Walton, the world's richest man, lost more than half a billion dollars in a few hours. When reached for comment, Walton said, "It's paper anyway. As far as I'm concerned we're focusing totally on the company doing […]
Tim Draper Predicts Bitcoin price to hit $250,000 in 4 years According to Bitcoin bull Tim Draper, cryptocurrency could reach $250,000 in four years. Tim Draper, the founder of Draper Fisher Jurvetson, wrote on Twitter about this on: He also mentioned that earlier he tweeted a prediction about mistakenly posting $25k instead of $250k. […]
A Bullish Sign Returns For Bitcoin, Ethereum, Ripple, EOS, And Other Cryptocurrencies Major cryptocurrencies like Bitcoin, Ethereum, Ripple and EOS have been on fire lately. Over the last seven days, Bitcoin is up 21.80%, Ethereum is up 39.36%, Ripple is up 40.89% and EOS 51.84%–see table 1. Table 1 7d Price Change For Major Cryptocurrencies […]
Bitcoin Breakout – Price Jumps $1K in 60 Minutes Bitcoin rallied over $1,000 in an hour this morning, having spent a better part of the last two weeks trading sideways in a narrow price range. The cryptocurrency clocked a two-week high of $8,055 soon before press time and is currently trading at $7,850, according […]
Bitcoin Cash Price Technical Analysis – BCH USD Could Test $700 Key Points Bitcoin cash price is moving higher and is currently placed above $650 against the US Dollar. Yesterday’s highlighted connecting bullish trend line with support at $650 is intact on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair […]
Bitcoin Price Technical Analysis for 11th April – Can Bulls Keep This Up? Bitcoin Price Key Highlights Bitcoin price has formed lower highs and higher lows to consolidate inside a triangle on its 1-hour chart. Price found support at the bottom of its symmetrical triangle once more and looks ready for a test of the […]
Gemini to Roll Out Bitcoin and Ether Block Trading Cryptocurrency exchange Gemini said Monday that it will roll out block trading for bitcoin and ether starting later this week. The feature – which will allow customers to make high-volume trades that won't appear in the exchange's order book until they've been filled – will go […]
Bitcoin Price Technical Analysis for 9th April – More Bullish Confirmation! Bitcoin Price Key Highlights Bitcoin price is holding its ground as it makes another attempt to test the double bottom neckline. Price has also surged past the descending trend line connecting the latest highs to signal that bulls have the upper hand. Technical indicators, […]
Bitcoin tide favoring bears and the coming April 17 brings really bad news If you noticed lately, Bitcoin (BTC), the leading cryptocurrency, has been stuck below $7000. As of Friday, it was in the $6,600 range, dangerously close to the $6,400 when the market ‘bears’ bet the crypto is on a downward path. What’s worse […]
Crypto Week in Review – Bitcoin, Ethereum, Verge, Litecoin, Bitcoin Cash and Ripple Struggle It has certainly been an up-and-down week for cryptocurrencies. Things started out relatively peaceful when allegations arose that the currency had somehow dominated its incoming “death cross,” and that the slump users had been witnessing over the past several days may […]