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Almost $9 Billion of Bitcoin Moved On-chain in 1 Hour: Record

On Dec. 4, $8.9 billion in Bitcoin (BTC) were moved on the blockchain in a single hour, excluding change volume, which is Bitcoin that returns to the sender.Bitcoin’s high transaction volume was pointed out by Rafael Schultze-Kraft, the co-founder of on-chain market intelligence firm Glassnode. In a tweet on Dec. 4, he claimed that such […]

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Bitcoin to See Return of Bull Cross That Marked Onset of 2016-17 Price Rally

A bitcoin price indicator that marked the beginning of the 2016-17 bull market is about to make another appearance.The cryptocurrency’s 50-week MA is on track to cross above the 100-week MA next week. The resulting bullish crossover would be the first since May 2016, according to Bitstamp data.MA crossovers are momentum indicators and help traders […]

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Bitcoin Has Crashed Again—But Is This When To Buy Bitcoin?

Bitcoin and cryptocurrency investors have had their hopes of a return to bitcoin’s all-time-high in 2019 all but dashed after the latest sudden sell-off.[Updated Nov. 25 at 7:48 a.m. ET] The bitcoin price last night fell to a six month low of $6,515 per bitcoin on the Luxembourg-based bitcoin and crypto exchange Bitstamp. The bitcoin […]

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“Crypto is Unstoppable” – Bitcoin Will Hit $100K, Says Cardano Founder

Ethereum (ETH) co-founder turned Cardano (ADA) creator Charles Hoskinson said that he expects Bitcoin (BTC) to be back over $10,000 and reach $100,000 in the future.In a tweet published on Nov. 22, Hoskinson urged the cryptocurrency community that Bitcoin is more than speculation, putting the blame on the latest drop in price on news media […]

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Bitcoin Plummets $20 Billion In Second Bizarre Price Crash

The price of bitcoin has fallen to a six-month low following the second major crash in the space of just three days.The latest dip in value took bitcoin below $7,000 (£5,400), wiping nearly $20 billion from its overall market capitalisation since this time last week.Its price remains well up from the start of the year, […]

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Bitcoin Versus Real Estate: Which Investment Is Better For You?

Two popular investment avenues, real estate and bitcoin, have been making waves in today’s market. When it comes to these opportunities, it can be difficult to discern which is the wiser investment choice for you. Both have benefits and, like all investments, carry risk.If you have been considering these assets and are looking to select […]

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Bitcoin Is Crashing Again

Bitcoin is going down. It is in a bear market.That is bad news if you are a short-term holder and good news if you are a long-term acquirer.I reiterate, all you need to know is which way bitcoin (BTC) is going in the long term to develop a very profitable strategy. Get the direction wrong […]

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Bitcoin Will Reach $1M, Overtake Gold By 2028: Industry Veteran

Bitcoin will overtake gold in terms of market capitalization by 2028 and be worth over $1 million, one of the cryptocurrency’s earliest proponents Bobby Lee suggested in a series of tweets.What Happened“Gold is about $8 trillion today, which is [50 times] the worth of Bitcoin,” Lee, who is best known for founding China’s first cryptocurrency […]

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‘Discount Bitcoin Bandit’ Could Face 10 Years for Cryptocurrency Armed Robberies

A woman from East Hollywood, California, has been convicted of robbery relating to peer-to-peer Bitcoin trades. Precious Lanay Fitzgerald was one of two involved in the incidents that awarded the pair the moniker ‘Discount Bitcoin Bandits’.The 29-year-old may face a prison sentence of up to 10 years for the cryptocurrency robbery. Exacerbating the maximum possible […]

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