Bitcoin will reach $8500 by end of year, says Trefis; predicts ETF approval will cause bull run

Bitcoin will reach $8500 by end of year, says Trefis; predicts ETF approval will cause bull run Trefis Team, a firm offering software that predicts market movements, recently offered their opinion on the price of Bitcoin [BTC]. While the cryptocurrency market has been seeing bullish news lately, the price continues to exhibit sluggish movement. Bitcoin, […]

BitPay Executive Maintains Bullish Stance on Bitcoin

BitPay Executive Maintains Bullish Stance on Bitcoin   Amid a multi-month downtrend, the price of altcoins and Bitcoin have fallen to yearly lows, pushing market sentiment to near bottom. While price action wanes, BitPay’s Chief Commercial Officer Sonny Singh maintains an optimistic outlook on Bitcoin. Bitcoin Gaining Institutional Traction Following the drastic Bitcoin price drop […]

Cryptocurrencies Pick Up – Bitcoin Emerges As Safe Haven

Cryptocurrencies Pick Up – Bitcoin Emerges As Safe Haven Investing.com – Bitcoin and other major cryptocurrencies steadied on Thursday morning in Asia after days of plummeting. Bitcoin rose 2.08% to $6,394.7 at 10:30AM ET (02:30 GMT) on the Bitifinex exchange. Ethereum climbed 4.29% to $188.72 on the Bitifinex exchange. XRP/USD also edged up 4.9% to […]

Bitcoin rises above $6,300 as NY approves dollar-linked digital currencies

Bitcoin rises above $6,300 as NY approves dollar-linked digital currencies Bitcoin briefly climbed above $6,300 on Monday after New York state’s Department of Financial Services approved the Gemini Trust Company’s and Paxos Trust Company’s dollar-linked digital currencies, the first stable coins to get the nod from the regulator. At 9:24am (1324 GMT), the world’s biggest […]

Bitcoin (BTC) Price Watch – Tight Battle Between Bulls and Bears

Bitcoin (BTC) Price Watch – Tight Battle Between Bulls and Bears   Bitcoin Price Key Highlights Bitcoin price is currently consolidating in a short-term symmetrical triangle visible on the 1-hour chart. The breakout could set the longer-term direction for bitcoin as it nears a key support area. Technical indicators are suggesting that a downside move […]

BTC/USD consolidates the weekend losses despite Citigroup plans to tap cryptocurrency trading

Bitcoin price analysis – BTC/USD consolidates the weekend losses despite Citigroup plans to tap cryptocurrency trading Bitcoin has gained 2% since his time yesterday, but the upside is limited. Citigroup has reportedly invented legal way to trade cryptocurrencies. BTC/USD is changing hands at $6,301 with 2% gains on a daily basis. The coin has partially […]

EU-level regulation for cryptocurrencies and ICO market may send Bitcoin and other coins to fresh lows

EU-level regulation for cryptocurrencies and ICO market may send Bitcoin and other coins to fresh lows EU finance ministers call for crypto and ICO regulation on EU level. Brussels-based Bruegel suggests tighter regulation or even ban.   The Brussels-based think tank Bruegel prepared a document for EU finance ministers with the aim to promote EU-level […]

Bitcoin – Bulls Need to Make a Move or Pay a Heavy Price

Bitcoin – Bulls Need to Make a Move or Pay a Heavy Price Bitcoin holds on to positive territory in the early hours, though will need to break back through to $7,400 levels to avoid a bearish move. Bitcoin gained 1.23% on Tuesday, reversing Monday’s 0.47% decline, to end the day at $7,357.2. Recovering from […]

Bitcoin (BTC) Price Watch – Don’t Miss This Bullish Pullback

  Bitcoin (BTC) Price Watch – Don’t Miss This Bullish Pullback Bitcoin Price Key Highlights Bitcoin price is trending higher inside an ascending channel on the 4-hour chart and is testing the top. A pullback to support might be due from here, so as to gather more bullish energy on the climb. The uptrend is […]