Analysis of Bitcoin, Ethereum, and Litecoin * All the market data is provided by the HitBTC exchange. The cryptocurrency universe is showing nervousness at the current levels, having recovered anywhere between 50% to 78% of the fall. After having sucked in the eager bulls at lower levels, is a retest of the lows on … Continue reading Analysis of Bitcoin, Ethereum, and Litecoin
Bitcoin: $6,000 and Beyond? Bitcoin will quickly rise to $6,000 and you’re all foolish for thinking otherwise. At least, that’s what industry experts are saying. Of course, they added one important caveat: expect volatility to continue. Bullish on Bitcoin The cryptocurrency community has fallen on hard times as of late, but that hasn’t stopped the … Continue reading Bitcoin: $6,000 and Beyond?
IMF Head – Cryptocurrency Could Be the Future. Really. Christine Lagarde sees a path ahead for cryptocurrency. The managing director of the International Monetary Fund, or IMF, talked up the potential of virtual currencies to supplant traditional monies in coming decades on Friday. Cryptocurrencies, or virtual currencies, are a new class of digital assets powered … Continue reading IMF Head – Cryptocurrency Could Be the Future. Really.
Chinese money dominates bitcoin, now its companies are gunning for blockchain tech Beijing, China It’s a sweltering summer night when I’m invited to join a bitcoin miner from Shenzhen at a “bitcoin club” somewhere in downtown Beijing. I’ve just returned from visiting one of the world’s largest bitcoin mines and find myself at a gathering … Continue reading Chinese money dominates bitcoin, now its companies are gunning for blockchain tech
Will bitcoin ever be a safe investment or always a gamble? The boss of JP Morgan was unequivocal about bitcoin at a recent conference in New York: the digital currency was only fit for drug dealers and would eventually blow up. “[It] isn’t going to work,” said Jamie Dimon. “You can’t have a business where … Continue reading Will bitcoin ever be a safe investment or always a gamble
First Cash, Now Gold? Another Bitcoin Hard Fork Is on the Way Bitcoin, bitcoin cash, bitcoin gold? There could be as many as four cryptocurrencies bearing the bitcoin name if a small group of miners and developers carry out a planned fork of the blockchain this month. Styled as a rebellion of sorts, bitcoin gold … Continue reading First Cash, Now Gold? Another Bitcoin Hard Fork Is on the Way
Early bitcoin investor Palihapitiya declares 'nobody can stop it' Social Capital's Chamath Palihapitiya was early in both Facebook and bitcoin and continues to back both. "The idea that the government can put curbs on this is actually pretty specious," he said in response to JPMorgan Chase CEO Jamie Dimon's criticism of bitcoin. Investors who followed … Continue reading Early bitcoin investor Palihapitiya declares ‘nobody can stop it’
Bitcoin's price is spiking by 7 percent as traders shake off China fears The price of bitcoin is up nearly 300 percent year to date. Bitcoin is still under the $4,000 level, which it broke through after JPMorgan CEO Jamie Dimon said on Sept. 12 that the cryptocurrency is a "fraud" that will eventually blow … Continue reading Bitcoin’s price is spiking by 7 percent as traders shake off China fears
Bitcoin Price Rises by 5% to $3,740 as the Cryptocurrency Market Gradually Recovers Today, on September 23, the bitcoin price increased from $3,600 to $3,738, recording a daily increase of 4.88 percent. At today’s peak, the bitcoin price surpassed the $3,800 mark, showing signs of recovery from the largest price correction. On September 20, less … Continue reading Bitcoin Price Rises by 5% to $3,740 as the Cryptocurrency Market Gradually Recovers
Wall Street Journal Argues Bitcoin Is “Probably worth Zero”, Joins Obituary List One of the Wall Street Journal’s most read articles of the day implies that bitcoin’s volatility reveals that the cryptocurrency is “probably worth zero.” The author of the piece starts by stating that a borderless digital currency out of the government’s reach that … Continue reading Wall Street Journal Argues Bitcoin Is âProbably worth Zeroâ, Joins Obituary List