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…
Some think it’s too early to call it, but the Bitcoin (BTC) bull run is seemingly back on the table. Over the past two months, the cryptocurrency market has seen the bitcoin price double, rallying from $4,200 to $8,600, the price as of the time of writing this, in a 2017-esque fashion. With this jaw-dropping…
Over the past 48 hours, Bitcoin (BTC) has begun to locally top out, with buying pressure slowing and prices slightly slipping. One prominent investor, however, explains that we’re just getting started, looking to strong fundamentals in the broader cryptocurrency sector. In fact, he explains that by year’s end, BTC will have moved past $20,000, and…
The last few weeks have witnessed some of the most dramatic moves in the price of Bitcoin, and to a lesser extent the entire cryptocurrency markets, since the prolonged cryptocurrency bear market phase began back in early 2018. Now, many traders and investors are predicting that a new wider crypto bull market may be underway.…
The bitcoin price will likely fall anywhere between $0 and $500 in the future, according to Jason Calacanis. The prominent venture capitalist said on Wednesday that the world’s largest cryptocurrency operates in a manipulated market. He further discussed the possibility of [a] new, emerging technology replacing bitcoin that would eventually hurt its long-term fundamentals as an…
No matter how the Bitcoin (BTC) price acts, bearish analysts always make their voices heard. Once the crypto asset exploded above $8,400 on Sunday, pushing to a smidgen shy of $9,000, these somewhat cynical traders have come out of the woodwork to suggest that the party for Bitcoin may soon end. Related Reading: Crypto is…
The crypto market has experienced a zany past 24 hours. Bitcoin (BTC) popped up by 8%, as per CoinMarketCap, and most other digital assets posted strong gains. With this recent move, “cryptocurrency” has graced mainstream media headlines and money has begun to flood back into this space. Related Reading: Analysts Foresee Bitcoin Surging to $10,000…
The past 12 hours have been a blur for the crypto asset market. In a matter of hours, Bitcoin (BTC) rushed passed key resistance levels at $8,000, $8,400, and $8,800. This marked the first time that BTC had decisively broken above $8,400 since May… 2018. Sitting at $8,850 as of the time of writing this,…
After breaking from $8,000’s grip on Sunday, Bitcoin (BTC) skyrocketed to $8,750 in a jaw-dropping move. While the bullish momentum has slowed for the time being, with BTC beginning to consolidate in the short-term around $8,700, some are sure that the cryptocurrency market will continue to print higher as the week elapses. Related Reading: Binance’s…
For one reason or another, the past few weeks have seen Bitcoin (BTC) and its ilk freeze. The cryptocurrency market has been stuck in an odd holding pattern, whereas volatility has fallen, trading ranges have been established, and volume has begun to diminish. However, digital assets across the board may soon move. That’s according to…