Bitcoin Bulls Face 'Alt' Competition in Push to $20 Bitcoin may still be in the hunt for $20,000, but the bulls need progress soon else a minor pullback could be in the offing. As per CoinDesk's Bitcoin Price Index (BPI), the cryptocurrency is trading at $17,539, having appreciated 4.48 percent in the last 24 hours … Continue reading Bitcoin Bulls Face ‘Alt’ Competition in Push to $20k
Bitcoin futures suggest breakneck rise in price to slow NEW YORK/LONDON (Reuters) – Newly launched bitcoin futures on Monday suggested that traders expect the cryptocurrency’s blistering price gains to slow in the coming months, even as it blasted above $17,000 to a fresh record high in the spot market. Chicago-based derivatives exchange Cboe Global Markets … Continue reading Bitcoin futures suggest breakneck rise in price to slow
What Bitcoin Watchers Are Saying After the Surge Past $10,000 Bitcoin entered uncharted territory on Wednesday after breaching $10,000 for the first time, leaving investors to wonder how long the rally will go — and whether it will end in tears. The digital currency climbed as much as 4.4 percent to a record $10,379.53 … Continue reading What Bitcoin Watchers Are Saying After the Surge Past $10,000
Bitcoin nears $10,000 mark as hedge funds plough in Cryptocurrency now worth seven times an ounce of gold, with market cap higher than IBM, McDonald’s or Disney – but analysts warn of ‘a huge bubble’ Bitcoin mining consumes more electricity than Ireland Bitcoin has hit a record high after passing $9,000 (£6,700) and is close … Continue reading Bitcoin nears $10,000 mark as hedge funds plough in
Bitcoin cracks $9,600 just hours after breaking $9,000 level Bitcoin surged to yet another new record high on Monday The cryptocurrency jumped to an all-time high of $9,671.84 hours after cracking the $9,400 level on Sunday The digital currency has risen some 869 percent year-to-date Bitcoin surged to yet another new record high on Monday, … Continue reading Bitcoin cracks $9,600 just hours after breaking $9,000 level
Rise of Bitcoins causes stir but questions linger Anthony Mburu and his fiancée Elizabeth John who recently attracted curiosity when he paid part of his dowry using Bitcoins, a form of digital currency, in Naivasha Kenya,considers himself a non-conformist. Having quit university in 2010 after just one semester of his engineering course, 26-year-old Anthony Mburu … Continue reading Rise of Bitcoins causes stir but questions linger
Holding Strong – Failed Price Breakdown a Boon for Bitcoin Bulls Bitcoin has witnessed decent two-way business in the last 24 hours. A drop below $8,000 during the Asian day was quickly undone and the world's largest cryptocurrency by market value once again approached record highs, hitting $8,333 this morning. At press time, bitcoin is … Continue reading Holding Strong – Failed Price Breakdown a Boon for Bitcoin Bulls
The current state of Bitcoin and Ethereum While Bitcoin currently bears more resemblance to digital gold than digital cash — with its congested pending transactions log rendering it practically useless as a currency since the cancelled fork two weeks ago — the Ethereum network is looking healthier than ever and in a good position to … Continue reading The current state of Bitcoin and Ethereum
Crypto bull sees bitcoin at $11 500 The bitcoin bulls are charging. A day after hedge fund manager Mike Novogratz said the cryptocurrency will end the year at US$10 000, Fundstrat’s Thomas Lee doubled his price target to $11 500 by the middle of 2018 — a 40% gain from current levels. Lee, who heads … Continue reading Crypto bull sees bitcoin at $11 500
Warning Signs About Another Giant Bitcoin Exchange SAN FRANCISCO — As the price of Bitcoin has soared, the virtual currency has edged toward the mainstream. Square, the fast-growing payments company run by the Twitter co-founder Jack Dorsey, has begun selling Bitcoins to ordinary consumers, and the Chicago Mercantile Exchange will soon allow banks to trade … Continue reading Warning Signs About Another Giant Bitcoin Exchange