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Bitcoin Price Technical Analysis for 19th September â Can Bulls Keep It Up
Bitcoin Price Technical Analysis for 09/19/2017 – Can Bulls Keep It Up Bitcoin price seems to have completed a large correction and is ready to resume its long-term uptrend. Bitcoin Price Key Highlights Bitcoin price has bounced off a long-term area of interest after its recent sharp drop, signaling that the uptrend could still […]
Bitcoin Price Technical Analysis for 09/18/2017 â Chance to Short?
Bitcoin Price Technical Analysis for 09/18/2017 – Chance to Short? Bitcoin price is making a correction from its recent selloff, but it might be ready to resume the drop soon. Bitcoin Price Key Highlights Bitcoin price has been selling off in the past few days on reports that China has officially confirmed it would be […]
$11 Billion – 24-Hour Cryptocurrency Trading Volume Hits New Record
$11 Billion – 24-Hour Cryptocurrency Trading Volume Hits New Record Cryptocurrency trading volume reached a new milestone on Friday, crossing $11 billion for the first time amid regulatory uncertainty in China. Crypto Markets Post Record Volume According to data obtained from CoinMarketCap, the combined 24-hour trading volume of all cryptocurrencies rose to $11.5 billion shortly […]
Bitcoin Price Analysis – A perfect storm
Bitcoin Price Analysis – A perfect storm Bitcoin has dropped ~USD$400 in the past 24 hours, contributing to a ~USD$1450 drop in the past seven days. The leading cryptocurrency is down ~US$1150 Since the recent high of ~US$4950 on Sept 2nd, or nearly 30%. The lackluster performance can be attributed to both technical and fundamental […]
Bankers’ mistrust of bitcoin is still the greatest argument for it
Bankers’ mistrust of bitcoin is still the greatest argument for it Earlier on Tuesday, at different conferences around New York, JPMorgan Chase chief executive Jamie Dimon took aim at bitcoin, calling the cryptocurrency “a fraud” and “worse than tulip bulbs.” This skepticism by one of Wall Street’s titans, and its reflection in many offices and […]
Bitcoin Finds Bottom at $4,000 as Price Awaits Post-China Breakou
Bitcoin Finds Bottom at $4,000 as Price Awaits Post-China Breakout The bitcoin-US dollar exchange rate (BTC/USD) may have climbed back above $4,000, but it might be ready to push higher even though China uncertainty reigns supreme. Following reports the country's regulators may be seeking to shut down domestic bitcoin exchanges, the bitcoin price fell to […]
China Is Said to Ban Bitcoin Exchanges While Allowing OTC Trades
China Is Said to Ban Bitcoin Exchanges While Allowing OTC Trades Order comes amid a broader clampdown on financial risk China is home to nearly a quarter of world’s bitcoin trades China plans to ban trading of bitcoin and other virtual currencies on domestic exchanges, dealing another blow to the $150 billion cryptocurrency market after […]
Bitcoin Price Sinks Below $4,200 on China Uncertainty
Bitcoin Price Sinks Below $4,200 on China Uncertainty Markets for bitcoin and other cryptocurrencies have fallen over the course of the day, following contested reports that regulators in China are looking to shut down the country's exchange ecosystem. CoinDesk's Bitcoin Price Index (BPI) is currently at about $4,184, representing a nearly 10 percent decline since […]
Bitcoin Breakout – Price Action Analysis Hints at Possible Pullback
Bitcoin Breakout – Price Action Analysis Hints at Possible Pullback The bitcoin price [BTC to US dollar exchange rate] fell to a two-week low of $3,900 on Tuesday, a market movement that represented the biggest decline for the asset since July. Triggered by the sudden news from China that the country’s financial regulators would ban […]
What you need to know about the latest Bitcoin boom
What you need to know about the latest Bitcoin boom You may have noticed reports about Bitcoin’s value recently – its price is headed into the stratosphere. The crypto-currency’s recent meteoric price rise over the summer has seen one Bitcoin go from being worth $1,500 in early May to more than $5,000 over the […]