The Bitcoin price appears to have bottomed out near the $3,000-level after falling more than 80% this year. The digital currency at press time is trading above $4,000, up over 30% within just a week. It is clear that traders interested in the long-term aspect of Bitcoin have bought the dip. As a result, in…
Many had predicted a year end Santa rally for Bitcoin and crypto markets. It appears that this has kicked in over the past few days as most cryptos are making daily gains. The big question however is how long will this rally last? Bitcoin Santa Rally Welcomed but Cautioned A gain of 25% in less…
A rare green Friday for crypto markets; Bitcoin Cash and SV are on a charge, Tron and Iota following. It makes a change to see markets in the green on a Friday. The crypto rally that started on Monday has continued throughout the week and it has ended on a high. Total capitalization is over…
It has been nearly one year since San Fransisco-based payment processing company, Square, rolled out peer-to-peer Bitcoin trading within their popular Cash App, allowing customers to buy, hold, and sell the cryptocurrency without incurring any fees. The company’s decision was lauded by the company’s investors and the cryptocurrency community alike, with Square’s stock surging 16%…
Since Bitcoin (BTC) was formally classified as a pseudo-commodity, crypto investors have been pestering regulators, namely the U.S. Securities and Exchange Commission (SEC), about how their favorite cryptocurrencies stack up. Ethereum (ETH), in its “current decentralized state,” was hinted at being in the same boat as BTC. But for a majority of other cryptocurrencies, primarily…
Following the recent price surge that Bitcoin has experienced after dropping into the low-$3,000 region last week, it has since recovered much of its recent losses and has now climbed above the $4,000 price level. Bitcoin’s positive price action has led the altcoin markets up, with some of today’s best performing cryptocurrency trading up nearly…
Bitcoin is dead; Blockchain is wasted; Crypto is gone–this is something the world has been told over and over again. The first ever article that predicted a bitcoin death was published in 2010 by Tim Harford, an economist. At that time, bitcoin was trading at $0.23. The following year, after bitcoin surged to $7.80, Gizmodo…
Coincheck, the crypto exchange that lost over $500 million in investors funds in early-2018, is now close to receiving full licensing from Japan’s Financial Services Agency (FSA), signaling that the exchange tightened their platform’s security and cleaned up the management practices that led to the hack. The news regarding the regulatory authority’s decision to issue…
Following yesterday’s market surge, Bitcoin has continued to climb and is now looking to target $4,000 as its next point of resistance. Bitcoin’s bullish price action has led to a widespread market surge, with the overall crypto market cap climbing to $125 billion. At the time of writing, Bitcoin is trading up 7.3% at its…
One of the worst performing cryptocurrencies this year has been Bitcoin Cash but in a seemingly miraculous recovery it has surged 28% today alone. As crypto markets continue to rebound off their lowest levels of the year, some coins are performing better than others. Bitcoin and Ethereum have been slow and steady, yesterday EOS pumped…