Bitcoin

Bitcoin Price Faces Third Monthly Loss of 2019

Bitcoin is on track to test $9,000, having dived out of a narrowing price range earlier this week. The cryptocurrency is likely to end August on a negative note, having suffered losses in July and January. BTC may suffer a deeper price drop over the next few months, possibly to the 200-day …

Bitcoin

Satoshi Nakamoto: ‘Bitcoin dips below $10K — again :(’

Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Albert Einstein used to say: Let’s whip up a knowledge omelette! Bitcoin Price We closed the day, August 28 2019, at a price of $9,754. …

Bitcoin

Bitcoin Eyes $9K Price Support After Drop to One-Month Lows

Bitcoin (BTC) could drop to $9,000 in the next 24 hours, having strengthened the short-term bearish case with a drop to one-month lows earlier today. The top cryptocurrency by market value fell to $9,320 at 07:36 UTC today, the lowest level since July 28, according to Bitstamp data. Prices fell …

Bitcoin

Should investors own any bitcoin in their portfolio?

This is a controversial question.Bitcoin evangelists would argue that you should go all in on cryptocurrencies because the digital assets could be the future of money.Fans of bitcoin also claim that the value of cryptocurrencies should be more stable because there is a finite supply of coins. Governments can always …

Bitcoin

Bitcoin Awaits Decisive Price Move as Trading Range Tightens

Bitcoin has witnessed indecisive trading in the last 48 hours and would turn bullish again if prices rise above $3,897. The crypto market leader jumped to a high of $3,897 yesterday, according to Bistamp data, having shown strength with a “V-shaped” recovery from lows near $3,650 on Wednesday. That bullish …

News

Notorious Ransomware Hackers have Earned $3.7 Million in Bitcoin

The identity of notorious ransomware, Ryuk, which has attacked a significant number of high profile organisations, seems to have discovered after a new interesting development. Cheesy Death Note Ryuk, rapidly emerged last year on the radar of many organisations which had their information crippled and encrypted by a mysterious group …

Bitcoin

Big Predictions for 2019: Bitcoin Heading for New All Time High

Price predictions for Bitcoin and cryptocurrencies can always be met with some degree of skepticism. A market correction was expected last year but very few predicted that Bitcoin would lose over 80% in 2018. Weiss Ratings has just released their predictions for the coming year and they are extremely bullish. …

Bitcoin

Lenders are thriving on the bitcoin bust

As a growing number of cryptocurrency ventures struggle for funding, cut staff or shut down, all is well in one small corner of the industry: lending. Creditors focusing on the crypto arena say they’re finding strong demand from borrowers who don’t want to sell their virtual coins at depressed prices, …

Bitcoin

Bitcoin Month Forecast – January 2019

Crypto markets expressed a relatively solid performance during the month of December 2018 when compared to price action from earlier months. Price action in December has high affinity to fundamental and technical analysis and was in line with market analysis forecasts when compared to previous months which saw crypto currencies …

Bitcoin

4 KEY BITCOIN DATES TO WATCH FOR IN 2019

2019: THE YEAR WALL STREET EMBRACES BITCOIN? Throughout 2018, the fall in Bitcoin (and other cryptocurrencies) prices dominated the news circuit. However, despite the nearly 80 percent peak-to-trough slide for BTC, some positive developments emerged in the industry. When the CME and CBOE BTC futures came online in late 2017, …

Bitcoin

Bitcoin Bull Novogratz Doubles Down On Crypto, Now Owns 80% Of Galaxy Digital

Bitcoin Bull Novogratz Nows Owns 80% Of His Crypto Firm Mike Novogratz, formerly of Fortress Financial, went all-in on crypto following his stint at Wall Street giant Fortress Investments. After retiring from the investment group in 2015, rumor has it that he went on a personal journey, finding Bitcoin (BTC) …

Bitcoin

What’s Ahead for Bitcoin and Other Cryptocurrency Regulation in 2019

While 2017 was hailed as one of the most impressive bull markets in cryptocurrencies’ short history, 2018 saw the proverbial rocket ship come back to earth. The year was partly defined by the increasing scrutiny by regulators of the crypto and blockchain industries. Institutional entities both private and public have …

Bitcoin

Bitcoin (BTC) Price Analysis: 6 TIMES—The Number of Times Bitcoin Has Retested $6,000 in the last Three Months

From a top down approach, it’s clear that sellers are in charge as BTC is down a massive 11 percent thanks to Sep 5 selling spree. Regardless, there is optimism for cryptocurrencies and Bitcoin in particular stemming mainly from bullish fundamental developments. This divergence means there is potential for BTC …

News

Bitcoin Is Not Dead

The sense of urgency is everywhere I look. Bitcoin is dying, and it’s time get a new job. The warnings are stark. Bitcoin’s price has lost 70% since its $20,000 peak last year, the Securities and Exchange Commission has rejected every bitcoin ETF it’s seen so far and Goldman Sachs …

Bitcoin

Meet Federico Tenga: The guy who teaches North Koreans about Bitcoin

Despite being the most hermetic country on Earth, North Korea is certainly no stranger to cyberspace—in both its uses and abuses. Despite a tiny local internet user base and just a few dozen local websites, cybercrime in the Democratic People’s Republic of Korea (DPRK) is estimated to be a multi-billion …

Bitcoin

Is Bitcoin Still A Safe-Haven Asset?

Is Bitcoin still appealing during times of distress? Shutterstock Recently, the global asset markets have been roiled by concerns that the United States and China may soon enter a trade war. While some assets have responded in a predictable fashion – with stocks losing value and gold enjoying gains – …

Bitcoin

Bitcoin: A Definitive Guide

There has been a lot of drama around Bitcoin and cryptocurrency in the last year, with its recent rise and seemingly fatal fall making headlines in the months of late. Is hope truly lost for Bitcoin and its proponents? Maybe not. In order to better understand the specifics—What is Bitcoin? How is …

Bitcoin

Building a Base? Bitcoin Demand at $10K Hints at Move Higher

Persistent demand around the $10,000 mark appears to have not only neutralized the immediate bearish outlook on bitcoin, but also hints the cryptocurrency could be building a base for an eventual move higher. Prices on CoinDesk’s Bitcoin Price Index (BPI) fell to $9,972.29 yesterday, before witnessing a quick recovery to $11,000 levels. …