Institutional investors are quickly losing interest in Bitcoin, JP Morgan has stated in recent research. According to the bank, key flow metrics have dwindled in recent months indicating reduced interest from the professional investors. The research cited interest in Cboe Global Markets which is at its lowest since Bitcoin futures […]
Tag: bitcoin
Bitcoin Hits $3,550 as Report Finds Binance and Bitfinex the Only Non-Inflated Exchanges
Global crypto exchange king Binance and the controversial Bitfinex are the only two exchanges in the top 25 not wash trading their Bitcoin trading volumes. This is according to a report by the Blockchain Transparency Institute. The report unearthed massive volume manipulation and misrepresentation on major exchanges including OKEx, CoinBene, […]
Bitcoin Price Watch: Is the Currency in Line for a Bull Rally?
At press time, the father of crypto is trading for over $3,400. This is a rise of roughly $300 since the weekend, and some analysts are now claiming that recovery is very likely. It was approximately one year ago when bitcoin shot up to its peak of nearly $20,000. Obviously, […]
Bitcoin Millionaire Airdrops Millions of Dollars in Hong Kong
The Bitcoin industry has allowed wealthy individuals to do some very unusual things. In most cases however, those developments will not make any media headlines. The literal fiat currency airdrop executed by Wong Ching Kit, a Bitcoin millionaire, will raise a lot of questions. It may be a positive sign […]
Bitcoin, XRP, Ethereum Price in the Green. Litecoin and BitcoinSV Leading With 8% Gains
Crypto markets are showing mercy on us this weekend. Bitcoin, XRP and Ethereum price is in the green today, up 1.11%, 1.10% and 2.81% respectively. In other good news, it looks like Litecoin and BitcoinSV are showing some bullish momentum, both cryptocurrencies are up 8% in the past 24 hours. […]
Bitcoin Price Watch: Year-End Price Looks to Be Lower Than Anticipated
At press time, everybody’s favorite cryptocurrency has fallen below $3,175 for the first time in 2018. The price of bitcoin continues to crash and burn, and one analyst is saying the asset may fall to as low as $1,500 before any significant uptrends occur. Bloomberg analyst Mike McGlone says bitcoin […]
Bitcoin Sinks Below $3,200 as Teenage Bitcoin Millionaire Says Its Dead
It’s yet another dark day for Bitcoin. In fact, it’s the darkest one this year. The currency has once again set a new low for the year. At press time, the currency was trading at $3,230, down 10 percent in just 24 hours. The currency was performing especially poorly on […]
Bitcoin Bomb Threats Across The US Cause Evacuations
There have been numerous reports of a series of emails that have been sent to various businesses and establishments in the US asking for $20,000 in Bitcoin or else a bomb will be detonated in the building. Further reports indicate that the emails were sent to victims in Canada and […]
Bitcoin Should Be Worth $14,800 Judging By Market Metrics: Tom Lee
Bitcoin’s current value is $3,312 but according to Tom Lee, it should be between $13,800 and $14,800. The ever-so-vocal Bitcoin bull believes that the currency is grossly undervalued and believes last year’s meteoric rise could be one of the reasons. In a note to Bloomberg today, Lee further refused to […]
Is Right Now a Good Time to Buy Bitcoin?
There are always people looking at the current price trend of Bitcoin and other cryptocurrencies. As all markets continue to lose value, it would seem there is no real reason to buy Bitcoin right now. At the same time, opportunities like these do not come around all that often. With […]
Bitcoin Price Watch: Bitcoin’s Price Fell in 2018, but Its Respect Seemed to Grow
At press time, the father of cryptocurrency has seemingly recovered by a small margin and is now trading for just over $3,400. This is about $100 more than where it was during our previous price article. The cryptocurrency market seems to be moving sideways at the time of writing. We […]
Bitcoin Recovers $3,500 As Weiss Ratings Reveals This Is The Best Time To Invest
Bitcoin has recovered its $3,500 support level after seeing slight losses to trade just above $3,400. In the past 24 hours, the currency has gained a modest 1.76 percent to trade at $3,500 on most major markets. On Bitfinex, the currency was trading at $3,538 at press time. Most of […]
A Recession Is Looming – Will Bitcoin Capitalize or Collapse Too?
We continue to think the US will not fall into recession the minute the new year clock strikes one, but the sentiment is growing by leaps and bounds that 2019 is going to be awful for the US–economy unless something comes along to reverse the trend–and recession is well-night certain for 2020 […]
Bitcoin Price Watch: We’re Not Quite Done Bottoming Out
At press time, bitcoin is trading for just over $3,300, meaning there’s no change since our previous price article. At least we can be grateful that bitcoin, albeit temporarily, is exhibiting enough strength to withstand any further needs to drop lower. Bitcoin is now being subjected to mass speculation. Rather, […]
Red Wave Strikes as Binance CEO Thinks Jeff Bezos Might Catalyze Next Bull Run
The crypto market has experienced a red wave in the past 24 hours, with Bitcoin shedding some of yesterday’s gains to trade just above $3,500. The crypto king had soared to $3,680 yesterday on the back of a surprisingly positive Sunday trading session, but it has since regressed, albeit slightly. […]
Bitcoin Price Watch: Currency Stands Below Present Resistance Levels
At press time, bitcoin is trading for a little over $3,600 according to popular exchange Bitfinex. Depending on which exchange data you look at, the father of crypto is trading for anywhere between $3,500 and $3,700, meaning bitcoin presently has a trading range of roughly $200. It’s an ugly situation […]
Bitcoin Shoots to $3,680 as It Seems to Have Found Its Bottom
It’s green again! Bitcoin has recovered and is performing strongly, gaining 6.3 percent in the past 24 hours. The currency hit $3,680 earlier today, a level it last hit on Thursday. At press time, the currency was trading at $3,636 according to data from CoinMarketCap. In some markets such as […]
Bitcoin Price Watch: Hope for a Bitcoin ETF Is Starting to Vanish
At press time, bitcoin is trading for just over $3,800. This is no different from where it was during out last price piece, suggesting that the currency may be settling down for the time being. However, we are witnessing bitcoin as it stands at a 15-month low. While the currency […]