Cryptocurrency News
At press time, the father of cryptocurrency is trading for over $11,000, meaning bitcoin has struck a new milestone for 2019. Bitcoin Continues Exploding in Price This is huge news considering where the currency stood at around this time last year. During the summer of 2018, bitcoin was “settling in” […]
Apri has been a stellar month for the crypto industry. Having begun the month at just above $4,000, bitcoin quickly fought to hit the $5,000 mark again. The rapid gains on the second day of the month came as a surprise to many. However, the currency has held on strongly to […]
At press time, the father of cryptocurrency is trading for $3,974. This is just under $4,000 and the highest it’s been in some time. Bitcoin is showing signs of slow recuperation. This could all potentially be leading up to what one analyst says will be another major bull run this […]
At press time, the father of cryptocurrency is trading for about $3,424. This is roughly $100 less than where it stood during our previous price article. The currency just continues to fall lower and lower on the financial totem pole, and bitcoin is losing the high level of attention it […]
At press time, bitcoin is trading for just over $3,700. While the currency has managed to keep up a small bit of momentum in the past seven days to stay above $3,600, the currency has failed to meet the expectations of most die-hard investors and enthusiasts. This will be our […]
They came in plenty, some a little conservative and others outright ambitious. There were those who predicted that Bitcoin would hit $20,000 even before the year ended. Others went long term, predicting as high as $1 million in 2020. While the long-term predictions could still come to pass, those who […]
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’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 […]
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, […]
At press time, the price of everybody’s favorite cryptocurrency has fallen back a bit to the $5,400 range. Yesterday, the currency was trading at just over $5,500, though it appears it’s found more comfort at a lesser spot. One of bitcoin’s biggest bulls has been Tom Lee of Fundstrat fame. […]
At press time, bitcoin’s price is unchanged from yesterday, and the father of crypto is still trading for just under $6,600. Head analyst at Fundstradt Tom Lee is back in the news again. Lee has often touted bitcoin’s power throughout 2018, claiming the currency could spike all the way to […]
The past couple days have been positive for the cryptocurrency market overall. Today was no different as most coins are in the green. While some cryptocurrencies went higher than others, most coins went up a couple percent. Ethereum was no differnent in this regard, currently trading at $229 as the […]
At press time, the bitcoin price has fallen even further, and is now sitting at just over $6,100. That means bitcoin has dropped by over $300 since yesterday, and over $1,000 in about a week. The bull run that enthusiasts were allegedly seeing is now a thing of the past, […]
Mining and network effects affect the price of Bitcoin, but according to Tom Lee, the biggest determinant of Bitcoin’s price movement is the emerging markets. In a recent interview, the Bitcoin researcher from Fundstrat Global Advisors stated that the economic factors at play in emerging markets have had the biggest […]
At press time, the father of cryptocurrency is back up to $6,700. This is about $100 higher than where it was yesterday, and about $300 higher than where it’s stood all week. Bitcoin has allegedly been on the brink of recovery. Following the news that the Securities and Exchange Commission […]
At press time, the price of everyone’s favorite cryptocurrency remains unchanged. Bitcoin is still trading in the $6,400 range and hasn’t moved from this spot for the past few days. The word is out that bitcoin isn’t likely to reach the $10,000 mark by the end of the year. This […]
Tom Lee is the co-founder and managing partner at Fundstrat Global Advisors. A highly successful research analyst, he often appears on CNBC as an expert on cryptocurrency. Prior to Fundstrat, Lee served as Chief Equity Strategist at JP Morgan. Lee has been ranked #1, #2, or #3 in Institutional Investor magazine’s analyst […]
At press time, the father of crypto is back up to $7,500. This is a hugely positive sign that bitcoin is regaining traction in the monetary market and moving up the financial ladder. 24 hours ago, bitcoin had slumped slightly to $7,400. While $100 is never a huge deal, it […]