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New Resistance Could Cap Bitcoin’s Upside Price Potential

Bitcoin’s (BTC) bulls are struggling to push prices higher, despite a still-favorable short-term set-up on the technical charts.Bitcoin rose to a six-day high of $6,580 on Monday on Bitfinex, adding credence to indications that the cryptocurrency could be in for a relief rally.The bullish bias has strengthened further in the last two days too, courtesy […]


Bitcoin and PayPal Shake Bank Stocks, According to Jim Cramer

Days after the Federal Reserve’s major announcement that it would hike short-term interest rates four times instead of three in 2018, bank stocks have failed to improve as expected. Jim Cramer shared his take on the matter, outlining the rising popularity of Bitcoin and other blockchain-based technologies as one of the possible reasons. Currently hosting CNBC’s “Mad […]


Robinhood CEO: It’s ‘Very Foolish’ to Rule Out Bitcoin

More than 1 million people signed up to trade cryptocurrencies in the days after mobile trading app Robinhood first announced the feature, co-CEO Vlad Tenev said at CB Insights’ Future of Fintech conference on Wednesday.The co-founder of the investing app and web platform was bullish on bitcoin despite the price declines seen over the last […]


Bitcoin Price Near Bottom As ‘Selling Has Become Exhausted,’ Says Market Strategist

Bitcoin’s decrease in volatility may signal that the bottoming process has already begun — but it may still have a way to fall.‘A BOTTOMING PROCESS CAN BEGIN’While everyone and their grandmother know about Bitcoin’s dramatic decrease in value following exorbitant prices in December 2017, many investors and traders in the first and foremost cryptocurrency are […]


Bitcoin: The Days of Future Past Explained

The Wall Street Journal ran an op-ed yesterday examining the future of Bitcoin by drawing parallels to private currencies in the past in order to try and make sense of the current cryptocurrency market.Everything Old is New AgainThe piece begins with the statement that for “most of its 10-year history, the digital currency bitcoin has […]


One Mathematician’s Mission to Boost Bitcoin’s Privacy (And Soon)

Have modern internet companies gone too far?According to mathematician and Blockstream research director, Andrew Poelstra, the answer is unequivocally yes. In his view, companies are simply now vacuuming up troves of customer data, which they then sell to others without the owner’s knowledge or benefit. (Think how Instagram owns user images, or Target acquires huge […]


Bitcoin Price Outperformed Crypto Hedge Fund Pantera Capital Last Month

Sometimes it doesn’t pay to diversify — just ask cryptocurrency hedge fund Pantera Capital, whose fund underperformed the bitcoin price last month.According to Bloomberg, the firm’s Digital Asset Fund underperformed bitcoin during May as the cryptocurrency markets continued to decline further from the all-time highs they set in late December and early January.Pantera CEO Dan […]


Russia’s Largest Banks Are Piloting Bitcoin and Crypto Portfolios

Two of Russia’s largest banks are piloting cryptocurrency portfolios for their private clients, the Kommersant newspaper reported Friday.Under the watch of the Bank of Russia, Sberbank and Alfa Bank will offer their clients shares in a special fund that will be trading the six most popular cryptocurrencies on major exchanges, including Kraken and Bitstamp, according […]


Crypto-Loving US Senate Candidate Forced to Return $130,000 Bitcoin Donation

US Senate candidate Austin Petersen received a $130,000 bitcoin donation but was forced to return it due to federal regulations governing campaign contributions.Petersen, a Republican who is hoping to unseat incumbent Missouri Sen. Claire McCaskill during the mid-term election in November, said that an enthusiastic supporter attempted to donate $130,276 worth of bitcoins (~20 BTC) […]

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