Another week, another round of Crypto Tidbits. Again, Bitcoin (BTC) saw a relatively meek week in terms of price action, or lack thereof; the leading cryptocurrency fell by 5% over the course of the week, but still seems to be stuck in a tight range as a trend fails to be established. Despite this, the…
Bitcoin’s price has been able to stabilize after incurring a significant influx of selling pressure yesterday that sent it plummeting below its previous range lows at $9,000, and it appears that bulls have formed $8,800 as a level of support that could bolster BTC’s price in the near-term. It is important to note that despite…
Bitcoin is going mainstream. Kinda. It’s going mainstream in a weird twisted and sadistic way, anyway. Related Reading: Bitcoin Price Will Never Hit $100,000? Gold Bug Bashes Bulls On Thursday night, Stephen Colbert conducted his latest monologue. As normal, the career television host and entertainer weighed in on and poked fun at the state of…
After a long period of consolidation within its previously established trading range, Bitcoin’s bears have now taken control and have pushed BTC’s price below its previous support level that existed around $9,000. Today’s drop has led multiple analysts to set significantly lower targets for the cryptocurrency, and it is looking increasingly likely that it will…
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…
It’s Friday, and Bitcoin price is once again falling, breaking below $9,000 and trading at $8,750 currently. According to one legendary trader, where an asset closes on a Friday can often predict the future performance of the asset. Is there any truth to the theory that could benefit crypto traders? Recent performance appears to suggest…
For the longest time, Bitcoin investors have been shooting for the moon, calling for the BTC price to hit lofty price points, like $50,000 and $100,000. The cryptocurrency has the potential to usurp traditional power schema, after all. But, Peter Schiff, a leading gold investor, doesn’t think such appreciation will take place. Related Reading: ‘Discount Bitcoin…
Bitcoin (BTC) hasn’t been doing too hot over the past 24 hours. As of the time of writing this piece, the cryptocurrency is down some 5% on the day — falling from yesterday’s peak of $9,250 to $8,700 — having lost the key $9,000 support level after holding strong above it for nearly two weeks’…
The Bakkt platform is having another good day of trading. The much-hyped Bitcoin futures contracts that disappointed many on first launch has hit another all-time high in daily trading volume, well before its close. Bakkt trading volume is surging whilst Bitcoin has made a considerable move down in price. The price of the number one…
Two weeks ago, Bitcoin price set a record for its third-largest 24-hour gain in the young asset’s short history, rocketing from $7,400 to $10,500 from low to high. After weeks of consolidation, the crypto asset has run out of steam and has begun to fall, first breaking below support at $9,000 where it is currently…