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At press time, bitcoin has undergone no change since falling to $6,500 yesterday. It’s been a week of ups and downs for sure, and despite the low price, it’s a little refreshing to see bitcoin stay put for the time being. One source mentions bitcoin is at its lowest point since last February, and that … Read more
There is still plenty of speculation as to why the Bitcoin price has plummeted over the past few months. Some sources hint at Tether’s involvement, whereas Fundstrat’s Tom Lee has a completely different view. In his opinion, the expiration of Cboe’s Bitcoin futures are the main culprit. Factors Influencing the Bitcoin Price Although Bitcoin markets … Read more
Crypto markets see mix of red and green this Saturday, with all of the top 10 coins by market cap experiencing a slight decline Go to Source Powered by WPeMatico
At press time, the father of cryptocurrencies is trading for about $6,500. This is roughly $100 less than where it stood yesterday, which in turn was $400 higher than where it had been trading the previous day. Bitcoin has been an up-and-down game for nearly the past week. Problems first stemmed when it was announced … Read more
With BTC futures down 55% in 2018, analysts weigh in on the controversial allegations that Tether is being used as a shorting mechanism to manipulate markets Go to Source Powered by WPeMatico
Thomas Lee suggests that the recent decline of BTC price was the result of the expiration of BTC futures Go to Source Powered by WPeMatico
At press time, the father of cryptocurrencies has shot up by over $400, and is now trading for $6,650. After many analysts stated that the $5,000 range was imminent, it appears bitcoin has impressed (and surprised) us once again by halting its descent earlier than expected. Whether it shoots back up to the $7,000 range … Read more
Ripple’s CEO Brad Garlinghouse claims that “Bitcoin is controlled by China” through “four miners that control over 50%” of the leading cryptocurrency Go to Source Powered by WPeMatico
Many analysts and mainstream media outlets including Bloomberg and the Wall Street Journal attributed the recent drop in the Bitcoin price from $7,500 to $6,700 to the hacking attack suffered by Coinrail, a minor cryptocurrency exchange in South Korea. However, the reasoning behind attributing the latest correction to Coinrail is incorrect, given that Coinrail is … Read more
In an extremely disappointing move today, the father of digital currencies has fallen by an additional $500 and is now trading for just over $6,200. This is very disheartening news, as recovery does not appear to be in sight, and the $5,000 range for bitcoin seems imminent – a fate we were all hoping to … Read more