Bitcoin Price Watch: Currency Jumps by $500; Are the Bears Finally Scattering?

At press time, the top cryptocurrency in the world has jumped up by $500 and is now trading for just shy of $6,600. This is a monster improvement over yesterday, and a serious spike over where bitcoin has been meandering all week. The past few days have been particularly difficult on bitcoin and cryptocurrencies in […]

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Bitcoin Price Watch: Is the Recent Drop Part of a Bigger Picture?

At press time, bitcoin is retaining its $6,100 price from yesterday. The currency fell to this position from $6,700 after Japan’s Financial Services Agency (FSA) sent notifications to more than five digital currency exchanges saying that they must heighten their security measures against money laundering after noticing weaknesses in their infrastructures. Bitcoin has continued to […]

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Bitcoin Price Watch: Currency Continues to Stay Put

Bitcoin is not going anywhere anytime soon. After 72 hours, the currency is staying put at $6,500, and support remains strong at the present level. One source explains that the currency is “flirting” with a long-term support line, and that more exposed weaknesses could lead to a disastrous bear market that would take a very […]

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