At press time, the father of crypto has sunk deeper into oblivion and is now trading for just over $6,900. This is a $600 drop from yesterday’s price, which leaves many investors and enthusiasts worrying about the future of crypto. Is bitcoin about to disappear for good? All the currency’s […]
Tag: bitcoin
Crypto Price Watch: Most Major Currencies in the Red as Market Stumbles
Bitcoin (BTC) At press time, bitcoin is trading for about $7,485. This is roughly $60 less than where it stood 24 hours ago. Wall Street player Goldman Sachs explains that bitcoin’s recovery was a fluke; that the currency will never dominate the financial infrastructure, and future declines are expected. On […]
Bitcoin Price Watch: Currency Continues to Suffer Substantial Losses
At press time, the father of cryptocurrency has fallen by another $60+ and is trading for about $7,485. This is another massive fall from yesterday’s $7,550, which in turn was a drop from the $8,000+ the currency was enjoying all last week. Overall, things are not looking great for bitcoin. […]
Bithumb Resumes Deposits, Influx of Capital Expected
Bithumb, South Korea’s biggest crypto exchange as of May, is officially resuming deposits and withdrawals on August 4, after a month of freezing the platform. Potential Impact of Restoration of Bithumb’s Operations In June, Bithumb experienced a $40 million hacking attack which led to the loss of investors’ funds, falling […]
Bitcoin Price Watch: Currency Stays Put as Analysts Consider the Future
At press time, the father of cryptocurrency is digging its heels into the ground and staying right where it is. In other words, the currency fell to $7,500 yesterday, and is remaining in this position. It’s not spiking any further, but it’s not dropping either, and we must take every […]
OKEx Faces a Major Long Position Liquidation Problem
There’s never a boring day in the world of Bitcoin and cryptocurrency. Some new form of drama seems to unfold at every possible turn. A new discussion on Reddit focuses on a major long position which was liquidated on the OKEx platform. It seems unlikely this open loss will be […]
Bitcoin Price Watch: Currency Drops Another $200
At press time, the father of cryptocurrency has fallen by another $200, and is trading for roughly $7,650. Most analysts believe that bitcoin’s alleged recovery is at an end for the time being, as the currency has dropped by nearly $700 since the weekend. Prior, bitcoin had been trading for […]
Bitcoin Price Watch: Currency Tanks to $7,743
After several days of bitcoin remaining above $8,000 and enthusiasts rejoicing about a possible new era for crypto, bitcoin has suddenly tanked by roughly $400 and is now trading for about $7,643. Current conditions suggest that bitcoin – despite showing signs of newfound strength – is still just as vulnerable […]
Bitcoin Price Watch: Currency at $8,077
At press time, the father of cryptocurrency is down somewhat and trading for $8,077. This is about $100 less than where it stood yesterday afternoon. While this isn’t something to necessarily worry about, it does bring up some interesting notions regarding bitcoin. While the currency does appear to be sparking […]
Bitcoin Price Watch: Currency at $8,195
At press time, the father of cryptocurrency is up by roughly $20 from yesterday and is now trading for $8,195. Bitcoin has been on the verge of a dramatic comeback over the past few days, and though the currency is “standing still” for the time being, we can be grateful […]
Why an Early Uber and Airbnb Investor Thinks Everyone Should Invest in Crypto
Jeffrey Wernick, an accredited investor and an early stakeholder in Uber and Airbnb, arguably two of the most successful technology startups created in the past decade, believes everyone should invest in crypto as an alternative store of value. Bitcoin Outperformed Every Currency Since 2009 During an interview with Business Insider, […]
Bitcoin Price Watch – Currency at $8,230
At press time, the father of cryptocurrency is in the high $8,200 range – a bit higher than yesterday. This is a good sign that current support stands strong, and bitcoin is not dropping any lower. According to one source, however, the currency’s upcoming resistance could potentially put its bull […]
Economic Uncertainty in Pakistan Seemingly Fuels Demand for Bitcoin
Even though cryptocurrency exchanges are the most convenient way to obtain Bitcoin and altcoins, other solutions exist. Peer-to-peer trading platforms, such as LocalBitcoins, have always been of great value to speculators. In Pakistan, the LocalBitcoins volume has been increasing for several weeks now. It seems the country’s uneasy financial situation […]
Crypto Price Watch: Week in Review
Bitcoin (BTC) The father of crypto is currently trading for roughly $8,170. The currency has managed to stay above $8,000 all week, though we’ve witnessed marginal rises and drops between $8,000 and $8,300. Recently, the Winklevoss Twins’ application for a bitcoin ETF was rejected. The SEC has been relatively mixed […]
Bitcoin Price Watch: Currency at $8,241
The price of bitcoin has fallen a bit at press time, with the father of crypto trading in the $8,200 range. This is a small step back from yesterday’s price of $8,205, and probably nothing to be too concerned about. The $8,000 level has proven to be a comfortable spot […]
What Is the BitFi Wallet?
Even though there are a plethora of Bitcoin wallet solutions on the market, competition is always more than welcome. BitFi Wallet aims to introduce competition by offering a physical product which offers decentralization, security, and convenience rolled into one. The BitFi Wallet Explained Various companies offer Bitcoin hardware wallets nowadays. It is […]
Can the Recent Upward Market Momentum Hold? Why You Should Be Cautious
Bitcoin was trading at just over $8,350 at press time, a 6 percent increase over the past 24 hours and an incredible 40 percent increase over the previous month. The king of cryptos has been on a great run in the last week especially, and its price now sits above […]
Bitcoin Price Watch: Currency at $8,200
At press time, the father of cryptocurrencies is up by approximately $200, and is now trading in the $8,200 range. The currency has been meandering between $8,000 and $8,200 for the past few days, with some ups and downs along the way. The important thing is that for the most […]