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Bitcoin Following Nasdaq Path but 15 Times Faster
Bitcoin Following Nasdaq Path but 15 Times Faster Morgan Stanley put out a note to its clients on Monday the 19th breaking down Bitcoin trading in comparison to the Nasdaq during the dot-com crash 20 years ago. Bitcoin Similar to Dot-Coms Through Bear Markets According to the report, Bitcoin is behaving very similar to the […]
Bitcoin Price Surges 10% as G20 Will Not Crackdown on Cryptocurrencies
Bitcoin Price Surges 10% as G20 Will Not Crackdown on Cryptocurrencies The G20’s announcement that it will pivot away from creating new regulations in favor of examining existing rules gave the cryptocurrency market a much needed seeing Bitcoin surge by $1000. No New Regulations The anticipation of what new regulations might come of the […]
Bitcoin analysis – How low can it go?
Bitcoin Price Analysis – How Low Can It Go? Bitcoin is showing more bearish momentum so it's time to look at the next downside targets. Bitcoin looks ready for more losses as price gained downside traction after its break below a double top neckline. Applying the Fibonacci extension tool on the latest correction shows the […]
Bitcoin Is Melting, Again
Bitcoin Is Melting, Again Summary After an unsuccessful attempt at the $12,000 resistance level, Bitcoin is melting down once again, slumping by 30% in just a few days. A few distinct developments caused the recent selloff to intensify. People seem to be "Bitcoined out" a bit at the moment, which could cause the price to […]
Bitcoin prices fall below $9,000 â a 24% decline for the week
Bitcoin prices fall below $9,000 — a 24% decline for the week Bitcoin fell below $9,000 during Friday afternoon Asia trade, extending losses seen earlier in the week when it fell below the key $10,000 level. The digital currency came under pressure earlier in the week after the U.S. Securities and Exchange Commission said exchanges […]
Bitcoin Takes a Dip as SEC Demands Exchanges to Register
Bitcoin Takes a Dip as SEC Demands Exchanges to Register In the ongoing saga of how U.S. regulators will ultimately handle cryptocurrency the SEC yesterday said it will require digital asset exchanges to register causing Bitcoin to dip below $10,000. Cryptocurrency Defined as Securities The SEC released a statement that said online platforms trading […]
North Korea may have as made much as $200 million from Bitcoin, according to expert
North Korea may have as made much as $200 million from Bitcoin, according to expert North Korea may have raked in more than $200 million in digital cryptocurrency transactions last year, diluting the impact of stiff international sanctions over its nuclear and missiles programme. The huge haul of an estimated 11,000 Bitcoins was revealed by […]
Two Bullish Signs For Bitcoin
Two Bullish Signs For Bitcoin After a prolonged correction, Bitcoin is back big time. The “people’s currency” gained close to 7% this week, stabilizing around the $11,000 mark. Is this comeback for real? Hard to say, as there are hardly any “fundamentals” to judge whether Bitcoin is undervalued or overvalued at these levels. Still, there […]
1,200 NEWSSTANDS IN AUSTRALIA NOW SELLING BITCOIN AND ETHEREUM
1,200 NEWSSTANDS IN AUSTRALIA NOW SELLING BITCOIN AND ETHEREUM As of today, Australians are now able to buy Bitcoin and Ethereum from more than 1,200 newsagents around the continent. AUSTRALIA FOR BITCOIN Buying Bitcoin or Ethereum in Australia is now as easy as walking to the nearest newsstand. Cryptocurrency exchange bitcoin.com.au has launched the convenient […]