Bitcoin is down 10 percent in the past 24 hours and has set a new low for the year. The currency has been struggling to stay above $4,000, but it looks like the bears have the upper hand, at least in the short term. The currency slumped below $3,400 on […]
Tag: bitcoin
Bitcoin Falls below $3,600 As Onslaught by Mainstream Media Continues
Bitcoin has once again failed to sustain its price at the crucial $4,000 level, shedding close to 10 percent in just a day to fall below $3,600 level on some key markets. The currency was trading at $3,660 at press time, but on some markets such as the dominant BitMEX, […]
Bitcoin Price Watch: Mining Has Become a Profitless Business
At press time, the father of cryptocurrency is trading for just over $3,800. This is about $100 less than where it stood during our previous price article, and it is unlikely bitcoin will undergo another price rally anytime soon. Bitcoin has fallen so badly that many cryptocurrency mining companies are […]
Bitcoin Reclaims $4,000 as Expert Claims It Will Surpass $20,000 by End of 2019
Bitcoin has fought to trade above $4,000 in December and for the most part, it has succeeded. However, the very crucial support level was breached yesterday as the currency lost 5 percent to drop to $3,830. However, it has since recovered to trade above $4,000. The support level seems quite […]
Bitcoin Price Watch: Currency Again Slinks Below $4,000
At press time, bitcoin is off to a poor start in December having slunk down below the $4,000 line once again. Presently, the father of crypto is trading for just over $3,800, marking a nasty $300 fall since our previous price piece. The situation is giving rise to many questions: […]
Bitcoin Maintains Its Stellar Start in December, Stays Above $4,150
After having its worst month in seven years, Bitcoin has kicked off December with resilience and resolve. The currency began the month trading just below $4,000 but it quickly shot up to claim the level and hasn’t looked back since. At press time, Bitcoin was trading at $4,150. The currency […]
Markets Slide as Speculators Prepare for December
It seemed like an eternity, but November has finally concluded, thus ending the worse month in the past seven years for Bitcoin. After November woes typically comes an exciting December. Last year, after dipping to local lows in November of US$6,000, Bitcoin saw an explosive rally to its all-time high […]
Bitcoin Price Watch: Analyst Says It Will Be a Long Time Before Bitcoin Recovers
Bitcoin has fallen by roughly $200 since our last price piece, but the father of crypto is still managing to retain a position in the $4,000 range. Overall, it’s been something of a mixed time for bitcoin. The currency shot up to $4,300 earlier in the week after it had […]
Bitcoin Price Watch: Price Reversal Sees Bitcoin Back at $4,300
At press time, the father of cryptocurrency has spiked to roughly $4,300. This is a $700 rise from last week’s bloodbath that saw bitcoin trading for roughly $3,600 at Thanksgiving time. It was an ugly period that many of us don’t wish to repeat, but are analysts bullish about the […]
Bitcoin Price – Could Affirmation from Bakkt, NASDAQ Signal Bottom?
The recent delay of Bakkt and Bitcoin Cash fork drama have both worked to amplify the effects of an already brutal bear market over the course of the past weeks. As the Bitcoin price spiraled below US$4,000, more and more investors, traders, and miners have been forced out of their […]
Bitcoin Price Watch: Currency’s Price Has Fallen, but Its Dominance Is on the Rise
At press time, the father of cryptocurrency is trading for just under $3,700. This is about $200 less than where it stood on Sunday. The currency continues to suffer from falling prices, though some reports suggest that its dominance is on the rise, likely due in part to the price […]
Crypto Beginners Guide: 5 Simple Questions Answered
Cryptocurrency has been around since 2009, when bitcoin was launched by a pseudonymous programmer called Satoshi Nakamoto. Nakamoto’s big innovation was developed with the intention of verifying secure financial transactions outside the authority of a centralized bank. Nine years later, there has been a boom of discussion surrounding the confusion […]
Bitcoin Price Watch: Currency Continues to Fall Amidst Negative Market Trends
At press time, the father of cryptocurrency has ultimately fallen to just over $4,100. This is a $100 drop from our previous price article, and it appears the cryptocurrency crash isn’t coming to a halt anytime soon. We’ve discussed the bitcoin cash hard fork that took place just over a […]
Noteworthy Bitcoin Black Friday Deals for 2018
In the cryptocurrency world, catering to as many consumers as possible is always the number one priority. During events such as Black Friday, companies need to pull out all the stops to ensure they can gain a competitive edge first and foremost. Several deals and efforts have become apparent recently, […]
Overstock To Sell Its Retail Business And Focus On Crypto, Shares Surge 26%
After two decades of selling furniture, décor and anything in between, Overstock is finally selling off its retail business. And it’s doing this so that it can focus on cryptocurrencies and blockchain technology, the CEO revealed today. At a time when cryptos have experienced a bloodbath, Overstock’s decision to go […]
Bitcoin Price Watch: Analysts Remain Mixed About Where Bitcoin Will Go
At press time, the father of cryptocurrency has sunk even lower and is trading for just over $4,200. This is a drop of roughly $200 since our last price piece, meaning that bitcoin has now fallen by roughly $2,000 over the past week. Interestingly, bitcoin ultimately fell to roughly $4,100 […]
Despite Falling Prices, Bitcoin Remains a Viable Thanksgiving Dinner Topic
Today marks an important day for all American cryptocurrency holders and enthusiasts. Thanksgiving is an important day of the year. Everyone should be thankful for their fortunes and also misfortunes experienced throughout the past year. While Bitcoin has caused a bit of both throughout 2018, it is still a pretty […]
Bitcoin Price Watch: Analysts Say the Currency’s Price Could Turn Around
At press time, the father of cryptocurrency has seemingly withered to just under $4,500. This is a major fall from its recent (and not so impressive) price of $6,300, though the market has ultimately stabilized a bit in recent days. Earlier this week, bitcoin was trading for just over $4,100, […]