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Bitcoin Tumbles as Trump Critique Tests Stellar Run for 2019

Bitcoin slumped briefly below $10,000 on Monday, following another weekend sell-off that saw some digital tokens plunge by more than 20%.The largest cryptocurrency fell as much as 17% from Friday before paring its drop to 11% at $10,571 as of 11:50 a.m. in New York, according to Bloomberg composite pricing. Other highly traded coins also […]

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John McAfee Doubles Down on $1M 2020 Price Prediction for Bitcoin

American entrepreneur and vocal crypto advocate John McAfee has doubled down on his $1 million by 2020 prediction for Bitcoin (BTC).Taking stock of community sentiment in light of Bitcoin’s recent price fluctuations, McAfee wrote on July 15 that he was “laughing his f—— ass off” at the seemingly overblown negativity:“Bitcoin is at the mid 10’s […]

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Trump Pump? Bitcoin Price Buoyant After US President Says He’s ‘Not a Fan’

Bitcoin (BTC) was starting to reverse upwards July 12 as a critical tweet from United States president, Donald Trump, became a hot talking point across cryptocurrency.Data from Coin360 showed BTC/USD 0.9% up over the past 24 hours after a significant downturn earlier on Thursday. At press time, the pair traded around $11,600, having bounced off support […]

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Bitcoin Breakout Coming? The Cryptocurrency Is Already Up 220% This Year

Bitcoin bulls looking for a catalyst that could extend its colossal rally may want to turn to technical analysis favored by some traders for a dose of good news.Following an increase in prices over the last two days, Bitcoin has surged above its upper Vera band limit, which identifies upward or downward trends. The move […]

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Top 5 Crypto Performers: XMR, BTC, BNB, ETC, XRP

The current hot debate is whether bitcoin will continue to rally while altcoins languish. Many have been outspoken in support of the largest cryptocurrency as it maintains its market dominance above 62%. Though bitcoin is the undisputed leader, it is unlikely that it will remain the only cryptocurrency that will see a sharp increase in […]

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Crypto Conference Shows Bitcoin Getting Whole Lot More Fun Again

As little as six months ago, Bitcoin was moribund, with prices languishing at a fifth of their record high, disappointing a mass of cryptocurrency enthusiasts who had grown use to extreme — and often upwards — moves in the virtual currency.But this week’s Asia Blockchain Summit in Taipei highlighted how volatility is back, reviving the […]

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Wall Street Legend Bets On Cryptocurrency And Bitcoin

As reported by Bloomberg, Henry Kravis, the billionaire investor and co-founder of the private equity firm KKR & Co., is investing in a cryptocurrency fund provided by ParaFi Capital. Ben Forman, a former employee and ParaFi Capital founder, said that cryptocurrencies offer unprecedented upside for investors because of the risk and volatility involved:“In the high-yield […]

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Bitcoin, Facebook and the End of 20th Century Money

There is never a dull moment in the world of blockchains and cryptocurrencies.The two earth-shattering stories of the past two weeks – the launch of the Libra project and the wild swings in the bitcoin market – might seem like unrelated topics. And, for the most part, the causal impact of the former on the […]

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Bitcoin’s Price Is Up 43% in 7 Days as Bull Frenzy Grips Market

Bitcoin’s (BTC) surging price over the last week is reminiscent of the bull market frenzy observed a year and a half ago.The leading cryptocurrency by market value rose to a 17-month high of $12,936 on Bitstamp earlier today. At that price, the cryptocurrency was up $3,900 from the level of $9,036 seen a week ago.Notably, […]

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Bitcoin Breaks $200 Billion Market Cap For the First Time in 17 Months

Bitcoin (BTC) set a new 15-month record high price on June 25 as the largest cryptocurrency continues its giant three-month bull run. Data from Coin360 puts bitcoin firmly in the driving seat on cryptocurrency markets, 24-hour gains topping as much as 6% to take BTC/USD over $11,350. The last time the pair traded at those levels was […]

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