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When Bitcoin’s Price Breaks Down, It Follows a Pattern

When trying to predict the future price of bitcoin, it’s impossible to do so without first looking at its past.No matter how it’s examined, the cyclical nature of bitcoin’s price action can’t be ignored especially when considering its notorious “boom and bust” cycles.If the latest plunge below the long-lasting support level of $6,000 after an […]

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How Much Have Those Who Held onto Their Cryptocurrency Lost in 2018?

If you’d HODLed through 2018, how much would your cryptocurrency investment be worth now?Being left holding the bag while others cash out all around you is not a nice feeling.We’re deep in the throes of a bear market across the board, so it’s time to put a little perspective out there. Traditional investors may have […]

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Bets Against Bitcoin’s Price Hit a 6-Week High

The pessimistic sentiment around bitcoin prices saw the number of shorts hit a six-week high on Thursday.At press time, BTC/USD short positions on the cryptocurrency exchange Bitfinex jumped to 37,891 – the highest level since Oct. 15 – and were last seen at 36,996. Notably, shorts have risen by 95 percent in the last three […]

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Bitcoin Will Regain Its Dominance In The Cryptocurrency Markets In 2019

Bitcoin, the “peoples” currency, is expected to regain its market dominance in the cryptocurrency markets by the end of 2019. In terms of market capitalization, that is.That’s according to a recently published A.T. Kearney report. “By the end of 2019, Bitcoin will reclaim nearly two-thirds of the crypto-market capitalization as altcoins lose their luster because […]

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It’s Time To Wake Up And Smell The Bitcoin

IntroductionIn order to understand why people are excited about blockchain technology and cryptocurrencies, it is useful to take a step back and understand some of the limitations of our current way of organizing the world. We are becoming a more global society and technology is changing the world quickly; reorganizing it to be more efficient.One […]

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Whither Bitcoin? A Review of Past Cycles for the World’s Oldest Cryptocurrency

“I think it’s essential to remember that just about everything is cyclical. There’s little I’m certain of, but these things are true: Cycles always prevail eventually. Nothing goes in one direction forever. Trees don’t grow to the sky. Few things go to zero. And there’s little that’s as dangerous for investor health as insistence on […]

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Bitcoin ETF May Not Pass Due To ‘Risk Of Manipulation,’ Says Sec Chairman

The head of the US Securities and Exchange Commission Jay Clayton holds that the lack of safeguards for investors might roadblock the approval of a Bitcoin ETF. THE SAME OLD SONGSpeaking at New York’s Consensus: Invest 2018, SEC’s Chairman Jay Clayton outlined the risks associated with Bitcoin trading and the supposed lack of investor protection.What investors […]

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Bitcoin Price: Can The Cryptocurrency Bounce Back Before Year Ends?

Values in bitcoin and its rival cryptocurrencies sunk once again over the Black Friday weekend, bringing the market its lowest point since last September. Bitcoin prices dipped below $4,000 (£3,110) per coin on Saturday morning, before reaching a low of $3,500 (£2,730) on Sunday, according to ranking website CoinMarketCap. Values for the digital coin were at […]

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Understanding the Uses of Different Types Of Cryptocurrency

Cryptocurrency – a term which has become incredibly prominent in the mainstream media during recent years due to the proliferation of Bitcoin millionaires. As a result, the new form of currency has earned an almost infamous status. However, as with any major step forward, there is still much confusion regarding the use of cryptocurrencies, what […]

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Bitcoin Will Be The Amazon Of Cryptocurrency, Says VC Advisor

If the present cryptocurrency price drop is akin to the dot-com crash of 2000, then Lou Kerner believes Bitcoin will be the Amazon of the cryptocurrency era. The top-ranked virtual currency is currently down 77 percent from its mid-December all-time high.‘HODLERS’ GAIN REWARDS EVERY COUPLE OF YEARSSpeaking recently to CNBC, the CryptoOracle partner said that long-term […]

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