Bitcoin Price Weekly Analysis: Can BTC/USD Gain Traction? Key Points Bitcoin price is currently consolidating around the $6,500 level against the US Dollar. The BTC/USD pair is currently attempting an upside break above a declining channel with resistance at $6,500 on the 4-hours chart (data feed from Kraken). The pair may move a few points […]
Selling Bitcoin [BTC] for fiat is “reverting to the past”, says Tim Draper Tim Draper made another bullish prediction about the price of Bitcoin [BTC]. He also believes that fiat currencies will become a thing of the past. He said: “Price-wise, we’ll continue to see Bitcoin move higher. I’ve revised my estimate up to $250,000 […]
The Real Reason Behind Bitcoin’s Price Crash Revealed -Cryptocurrency Today Bitcoin investors in the United States are selling off their crypto to pay off capital gain tax. First-time investors in Bitcoin are faced with large capital gain taxes from the profit they made in 2017. Reports show that they are now selling off quickly […]
Bitcoin rebounds after recent bout of heavy selling KUALA LUMPUR: Bitcoin staged a rebound at midday on Thursday, rising to a high of US$6,495 after falling sharply in recent days. At midday, it was up US$233 to US$6,495. Earlier Bloomberg reported that Bitcoin extended losses, bringing its four-session slide to as much as […]
Internet Privacy not Internet Piracy Internet privacy has been a long time discussion. How best to keep your information private, yet provide you with content that you are interested in. Google and Facebook for starters collect your personal info from your searches, profiles, likes, IP addresses; virtually anything you do on the interent is collected. They […]
Bitcoin notches two-month low in the wake of cryptocurrency exchange hack Bitcoin continued to pull back after its initial 10 percent drop over the weekend. Other major cryptocurrencies, including Ethereum, also saw declines in the last 24 hours. Bitcoin eased further on Wednesday following its initial drop after the weekend announcement that South […]
Bitcoin (BTC) Price Watch- Sellers Picking Up Steam! Bitcoin price has formed lower highs and lower lows to trade inside a descending channel on its 1-hour chart. Price is testing support and a bounce could take it back up to the resistance or the Fibonacci retracement levels. Technical indicators are suggesting that the downtrend is […]
Bitcoin (BTC) Price Analysis – Down To The Last Line Of Defense Bitcoin staged another sharp selloff and might be testing the line in the sand for support. Bitcoin has formed lower highs and found support around $6,600 to create a descending triangle on its daily chart. Price is testing the very bottom of […]
Bitcoin Price Breakout Days Away, Long-Term Trend Bullish: Analyst Bitcoin’s price has bottomed and will break out over the next few days. That’s what Robert Sluymer, head of technical strategy at Fundstrat Global Advisors, predicts. Sluymer doubled-down on his earlier projection that positive momentum is building for the top cryptocurrency by market cap, and […]
Blockchain's Once-Feared 51% Attack Is Now Becoming Regular Monacoin, bitcoin gold, zencash, verge and now, litecoin cash. At least five cryptocurrencies have recently been hit with an attack that used to be more theoretical than actual, all in the last month. In each case, attackers have been able to amass enough computing power to compromise […]