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Bitcoin slump sees trades suspended on certain exchanges
Bitcoin slump sees trades suspended on certain exchanges Bitcoin plunged on Friday, extending a fall that saw the crypto-currency lose almost a third of its value from a record of nearly $20,000 (£15,000). The crypto-currency's price dipped below $11,000 on Friday, according to the Coindesk exchange website, before recovering to above $13,000. Amid the swings, […]
Bitcoin Price Technical Analysis for 12/22/2017 â Bears Settling In
Bitcoin Price Technical Analysis for 12/22/2017 – Bears Settling In Bitcoin price is trending lower on its 1-hour time frame and might be due for a pullback to the area of interest at $16,000. Bitcoin Price Key Highlights Bitcoin price continues to trend lower and has just dipped below the $13,500 mark. Price seems to […]
Bitcoin’s Smaller Cousins Are Leading the Crypto Rally
Bitcoin’s Smaller Cousins Are Leading the Crypto Rally Bitcoin’s smaller cousins are outpacing the largest cryptocurrency’s gains since major U.S. exchanges started offering futures. The biggest gainers among digital assets with at least $1 billion of market capitalization in the past seven days are so-called alternative coins Verge, Tron, Qtum and Cardano, soaring at least […]
Bitcoin Cash makes waves as it becomes available on Coinbase â and then halts trading
Bitcoin Cash makes waves as it becomes available on Coinbase – and then halts trading Bitcoin Cash, a fork of the more popular cryptocurrency that was created in August, is now fully supported on Coinbase’s exchange, so you can buy and sell the currency there – just not immediately. Abbreviated as BCH, the currency showed […]
Watch out for a correction in bitcoin after a parabolic rise
Watch out for a correction in bitcoin after a parabolic rise Cryptocurrencies are suitable for short-term trading Bitcoin futures have limits on expiry The bitcoin trend shows room for a 50% correction Bitcoin trading, and the capital allocated to it, remains a very small part of the multi-trillion dollar equity markets. It is an even […]
Analyst who predicted bitcoin’s rise now sees it hitting $300,000-$400,000
Analyst who predicted bitcoin's rise now sees it hitting $300,000-$400,000 Ronnie Moas in July put a $5,000 price target on bitcoin when it was at $2,600 The founder of Standpoint Research now sees the cryptocurrency rising by another 500 percent Bitcoin will surge past $20,000 and continue its meteoric march into six figures, according to […]
Bitcoin Price Weekly Analysis â BTC/USD Upside Drift Above $20,000
Bitcoin Price Weekly Analysis – BTC/USD Upside Drift Above $20,000 Bitcoin price is surging higher towards $20,000 against the US Dollar. BTC/USD might soon break the $20k level and gain further traction in the near term. Key Points Bitcoin price is gaining pace once again and is currently trading above $18,000 against the US Dollar. […]
Tax dept starts probe into Bitcoin exchanges to ascertain rate they can be taxed under
Tax Dept starts probe into Bitcoin exchanges to ascertain rate they can be taxed under. The indirect tax department has launched an investigation into Bitcoin exchanges operating in India to ascertain at what rate they can be taxed under the goods and services tax (GST) regime, two people with direct knowledge of the matter […]
Bitcoin buyers should be prepared to lose all their money, top UK regulator warns
Bitcoin buyers should be prepared to lose all their money, top UK regulator warns Andrew Bailey, chief executive of the Financial Conduct Authority, told BBC's "Newsnight" on Thursday, "If you want to invest in bitcoin, be prepared to lose all your money" Bitcoin's meteoric price rise has stunned critics and enthusiasts alike, leaving investors scrambling […]
A bubble? We don’t even know how to value Bitcoin
A bubble? We don’t even know how to value Bitcoin Bitcoin is a “speculative mania” according to the governor of the Reserve Bank of Australia. But it’s not so easy to say that Bitcoin is a bubble – we don’t know how to value it. Recent price rises (close to $18,000 in the past three […]