Bitcoin prices up 10.1 percent in the last week. Jesse Lund projects Bitcoin value to hit $1 million in ten years Transaction volumes increase in the last three weeks Jesse Lund is optimistic of future Bitcoin prices valuing the coin at $1 million. Cementing his optimism is increasing adoption which he says draws value and…
According to research conducted by UK cyber crime investigation firm Digital Shadows and reported in The Next Web, cyber criminals have managed to generate around $332,000 in Bitcoin from an email-based blackmail scam. These funds were sent from over 3,100 unique Bitcoin addresses. The scam was first reported in 2017. However, the popularity of the…
Bitcoin is once again beginning to creep towards its strong resistance level at $4,000 following a relatively involatile trading session over the past couple of days. Although BTC has seen some incredibly bullish momentum over the past few weeks and has firmly established the low-$3,000 region as a strong level of support, its upwards ascent…
The Bitcoin price has become relatively stable over the last few weeks. In fact, according to Buy Bitcoin Worldwide, the 30-day volatility index for BTC is now at 2.55% — the lowest since July. What does this drop in volatility mean for Bitcoin? Could it serve as a driver for further merchant adoption or is…
Bitcoin (BTC) was built to be an alternative to the traditional of finance. While Satoshi Nakamoto, the creator of the cryptocurrency, never explicitly made such a comment, many have come to understand this underlying raison d’etre. Former Blockchain.com product manager Dan Held, for instance, once issued an extensive 47-part thread on Twitter to claim that Satoshi…
“Crypto is currently regarded as a distinct type of technology by entrepreneurs, funding sources, and developers. By creating a separate fund, AH hopes [to put itself in a better position] within this community that would be the case by continuing to invest through its general IT funds.” Traditional Funds and Crypto The University of Michigan’s investment…
Bitcoin price spiked towards the $4,000 resistance, but failed once again versus the US Dollar. The price traded lower and broke the $3,950 and $3,940 support levels. There was a break below a connecting bullish trend line with support at $3,925 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair…
Following its recent surge, Bitcoin has now found itself caught under $4,000, despite finding stability in the $3,900 region. Analysts are now claiming that BTC’s trading volume will likely be the best indicator as to if the cryptocurrency has enough buying pressure to propel its price above the important psychological price level of $4,000. Analysts…
Over the last couple of weeks, bullish sentiment has begun to return to the crypto market after months of ongoing downtrend. However, one prominent crypto analyst isn’t convinced by the rally, and instead expects Bitcoin (BTC) to reach new lows sending the asset into multi-year bear market. To make matters worse, the analyst also believes…
