The co-chief investment officer of one the cryptocurrency industry’s largest investment firms said that he expects the next bitcoin bull run to carry the cryptocurrency market cap 1,000 percent above its current valuation.Pantera Capital’s Joey Krug made this prediction during an interview with Bloomberg, forecasting that the next upswing could propel the cryptocurrency market cap […]
Bitcoin, which just last week had its first major sell-off in months, has this morning jumped almost 10%, powering the world’s largest cryptocurrency back above $6,500 after it looked likely to fall below the psychological $6,000 mark late last week.Bitcoin leapt from $6,222 earlier today to early highs of $6,732, according to CoinDesk data, adding […]
Sunday, October 14: crypto markets keep their balance after the recent sell-off this week, with most of the 20 top coins by market cap slightly in the green. Fluctuations on the markets in both directions have for the most part been no more than 1 percent, as data from Coin360 shows.Bitcoin (BTC) has seen slight […]
Bitcoin prices extended losses from Tuesday, trading back toward the recent inflection point of $6,500.In early Wednesday trading a single bitcoin, the world’s largest cryptocurrency, was changing hands at $6,515.45, down 1.2% since Tuesday at 5 p.m. Eastern Time on the Kraken crypto exchange.The total value of all cryptocurrencies remains above $200 billion at $217.1 […]
Bitcoin, cryptocurrencies and blockchain have already been embraced by the government and people of Malta — which has tried to establish itself as the world’s “blockchain island.”Now, in an address to the United Nation’s General Assembly, Malta Prime Minister Joseph Muscat has said he sees blockchain technology as the tool which will allow bitcoin and […]
Professional crypto trader Bill Adams gives a detailed explanation of Bitcoin’s key features, sharing his insights into the currency’s current state and the future potential it holds.Some have called Bitcoin a fraud and others have suggested that cryptocurrencies are in a bubble that will eventually burst. This is 2018 and Bitcoin is still breathing, holding […]
Scott Nations, the president and chief investment officer of NationsShares, a division of Fortress Trading, shorted Bitcoin through the Cboe futures market live on CNBC on September 26. Since then, the price of Bitcoin has slightly increased to $6,500.“I want to be a seller of the October contract. The Cboe Bitcoin futures, that is a […]
From soft and hard forks to protocol upgrades, to the implementation of Segwit and to the future outlook of the Lightning Network (LN), the Bitcoin network has come a long way since its inception in January 2009. As of Sept. 18, 2018, the average block size on the Bitcoin network is .8MB and the average […]
A three-month long bitcoin price squeeze (BTC) could be nearing an end, with a key volatility indicator reaching its lowest level for 21 months.The leading cryptocurrency has charted lower price highs and lower price lows (pennant) since the end of June and the lack of strong direction bias has both bulls and the bears waiting […]
Bitcoin bulls expect the price to go up over time and are generally happiest in a rising market. If only there was some way to be sure that the market IS going in that direction… like maybe a sign! Well according to this Bloomberg headline, perhaps now there is.BITCOIN PRICE BOTTOM ‘THE SIGN BULLS ARE […]
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