Bitcoin’s Value to Lose $44 Billion by Year’s End, Researchers Argue

Researchers from Switzerland published a twenty page study on the predictability of bitcoin bubbles, using Metcalfe’s law and Log-Periodic Power Law Singularity (LPPLS), and determined bitcoin’s market capitalization might fall as much as $44 billion, or 35% (at the time of writing), by the end of 2018. Also read: More Bitcoin ETF Teasing, Encouraging Signs Emerge … Read more

Bitcoin Price Watch: Currency Hits $7,000 Mark

Bitcoin seems to be on an ascending path. After incurring a $300 jump yesterday and trading at roughly $6,900, the currency has hit the $7,000 point – a welcome move for many hungry enthusiasts. One of the reasons may be the recent influx of major financial players – some of which had originally turned their … Read more

Bitcoin Price Watch: Currency Endures a $300 Jump

Bitcoin’s price is enjoying a healthy, $300 spike. After yesterday’s price of $6,600, bitcoin is now trading at a solid $6,900. One reason for the jump may stem from new details regarding India’s stance on cryptocurrencies. Over the past few days, several sources have reported that India was entertaining a permanent ban on bitcoin and … Read more

Bitcoin Price Watch: Currency Backtracks by $100

Bitcoin has taken a small tumble since yesterday’s figure of $6,800. At press time, the price has fallen by about $100 and bitcoin sits at just over $6,700. The fall may have occurred for several reasons, one being the recent hack of privacy-oriented cryptocurrency Verge. The attack was noticed by a bitcointalk.org user, who claimed … Read more

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