Entrepreneur, investor, and author James Altucher is one of a growing number of individuals who believe Bitcoin will astound the planet with its price in the relative short-term. Appearing on Kitco News earlier, he stated that a $1 million dollar Bitcoin was indeed possible by 2020. Altucher bases his speculations on the rising levels of…
Over the last two months, Bitcoin price has rallied from the depths of the bear market to a well over a 100% gain for crypto investors who bought when there was “blood in the streets.” Those who did catch the bottom have watched at their investment in Bitcoin double in short order, with little to…
It took bitcoin just five hours to drop from its year-to-date high of $9,090 to $7,972. But, according to Crypto Michaël, the world’s leading cryptocurrency is still bullish. The prominent cryptocurrency analyst said on Friday that bitcoin’s 13 percent drop could be a “normal retracement,” notably after a giant move that pushed the cryptocurrency’s rate…
The latest crypto market movements have not been unexpected. The moment Bitcoin hit $9k it instantly recoiled like a reaction from a bee sting. The following candles were big red ones sending BTC down a thousand dollars in a couple of hours. Has the big correction finally begun? Bitcoin Dumps 11% in a Couple of…
Crypto markets correcting hard; BSV, BCH, bleeding, double digit losses for ADA, Tron, IOTA and Tezos. Following another 2019 high, Bitcoin and crypto markets are dumping this Friday as the red hot momentum could not be sustained. Wider fears of a larger correction are sending prices south at the moment as markets shed over $28…
Bitcoin price spiked above the $8,950 and $9,000 levels, but failed to hold gains against the US Dollar. The price declined heavily and traded below the $8,720 and $8,440 support levels. There was a break below a crucial bullish trend line with support at $8,560 on the hourly chart of the BTC/USD pair (data feed…
Bitcoin was created in the wake of the global financial crisis and great recession, by the mysterious Satoshi Nakamoto, seeking to empower humanity with control over their own money – something that fiat currencies cannot provide due to their centralized control by governments. In the 125 months that Bitcoin has been around, buying the first…
The Prime Minister of Malaysia has called for the formation of a new currency backed by gold. Dr Mahathir Mohamad believes that a single sound currency in East Asian would help protect economies from manipulation caused by Forex traders. Mohamad also spoke about the influence of the US and how it was disadvantageous for the…
Crypto investors were incredibly disappointed earlier today after Bitcoin surged to highs of $9,000 before it began reeling lower, which has led many analysts to believe that a deeper pullback is imminent. Despite this, one billionaire investor and crypto enthusiast recently explained that he believes BTC will begin consolidating between $7,000 and $10,000, which could…
Weekly peer-to-peer trading volume in the Latin American bitcoin market has been rising steeply, according to data provided by LocalBitcoins.com. The over-the-counter bitcoin trading portal found that Argentina, Chile, Mexico, Columbia, Peru, and Venezuela are posting more offline trading activity than that reported on the global average scale. Measured against their local fiat currencies, the…