• Both Brian Kelly and Charlie Lee remain bullish on Bitcoin despite the recent hack of Bithumb, which resulted in the theft of over $31 million worth of cryptocurrencies.  Brian Kelly: Things are Different for Bitcoin This Time Around Earlier this week, South Korean exchange Bithumb – currently the eight largest cryptocurrency exchange by means of trading volumes – was hacked, resulting in the theft of more than $31 million worth of cryptocurrencies. In the wake of

    Still Bullish on Bitcoin Despite Bithumb Hack: Brian Kelly and Charlie Lee Weigh In

    | 2018/06/22 2:00 am
  • Coinbase CEO Brian Armstrong says he “enjoys” Bitcoin price downturns as it “distracts” those not “making progress.” Armstrong: Downmoon ‘Allows For Progress’ In a series of tweets aimed at the employees of the United States’ largest cryptocurrency exchange and wallet provider, Armstrong compared three cycles of Bitcoin prices from 2013, 2014, and 2017, respectively — noting the market leader’s “up and down cycles.” He commented: After many years of this, I’ve come to enjoy the down

    Coinbase CEO: ‘I’ve Come To Enjoy’ Bitcoin Price Lows

    | 2018/06/20 12:00 pm
  • Bitcoin’s decrease in volatility may signal that the bottoming process has already begun — but it may still have a way to fall. ‘A Bottoming Process Can Begin’ While everyone and their grandmother know about Bitcoin’s dramatic decrease in value following exorbitant prices in December 2017, many investors and traders in the first and foremost cryptocurrency are less aware of its decreased volatility. As noted by Bill Baruch, President of Blue Line Futures, the cryptocurrency

    Bitcoin Price Near Bottom as ‘Selling Has Become Exhausted,’ Says Market Strategist

    | 2018/06/20 10:00 am
  • Cryptocurrency and initial coin offering (ICO) expert Phillip Nunn made a prediction in January that Bitcoin would reach lows of $6,000 and highs of $60,000. Nunn recently reiterated his confidence in the prediction after the price of Bitcoin plummeted almost 18 percent last week.  ‘It’s going to disrupt everything’ Phillip Nunn, CEO of The Blackmore Group and Wealth Chain Group, piqued the interest of the cryptocurrency and investing communities in January of this year when he

    Bitcoin Price To Reach $60,000 in 2018 — Cryptocurrency Expert Remains Resolute On January Prediction

    | 2018/06/17 7:00 am
  • Thomas Lee, Co-founder and head of research at Fundstrat Global Advisors, ties the recent decline in Bitcoin (BTC) price with the expiration of Bitcoin futures. Tom Lee Blames Futures Expiration Among Other Factors In an interview for Bloomberg, Tom Lee explained that the weakness in the market’s first and foremost cryptocurrency was the result of futures contracts expiring. He says that there have been six expirations of futures contracts since the CBOE launched Bitcoin futures

    Bitcoin Price Drop Caused by Futures Expiration, Tom Lee Says

    | 2018/06/15 9:00 am
  • While Bitcoin continues its lengthy correction, the S&P 500 has rebounded — creating a new divergence between the leading cryptocurrency and traditional stocks. ‘Not Very Many People Bought It At All’ At the time of this writing, Bitcoin — the first and foremost cryptocurrency — is trading at $6,613.11, after hitting highs around $20,000 in December of last year. The Bitcoin bubble’s bonafide burst has caused some in the world of traditional investing to fear

    Bitcoin Breaks Ties with S&P 500 As Prices Diverge

    | 2018/06/15 5:00 am
  • Bitcoinist has once again caught up with Mati Greenspan, Senior Market Analyst at eToro, the most popular social trading platform in the world with millions of users. Greenspan keeps a close eye on cryptocurrency markets and shares his thoughts on the recent Bitcoin price plunge and why he believes this current downtrend nothing out of the ordinary.  The price could easily reach $2,000 or $20,000 in the next two months. Neither would surprise me very much.

    Bitcoin ‘Boom-Bust Cycle Has Repeated Itself’ – Senior Market Analyst (Interview)

    | 2018/06/14 8:00 pm
  • The price of Bitcoin may be heading down to $3200, new research has warned — as the first and foremost cryptocurrency fails to find support at its April lows of $6450. The Bigger Picture In a detailed transaction analysis released June 13, Fundstrat Global Advisors concluded that — due to the lack of support — BTC/USD could hit February’s $6900 low before rebounding and subsequently falling further to somewhere between $5000 and $5500. The findings

    Bitcoin Price Drop To $3200 Would Still Continue Uptrend, Fundstrat Confirms

    | 2018/06/14 6:00 am
  • Bitcoin is going down, and one prominent cryptocurrency analyst believes it’s still got a ways to go. Nevertheless, the upside potential — in the grand scheme of things — is still massive. ‘We May See a Very Different Game in Mining’ Ran Neu-Ner, founder and CEO of Onchain Capital and host of CNBC Africa’s “Crypto Trader,” believes Bitcoin has not found its bottom. Neu-Ner told CNBC’s “Fast Money” earlier this week: We keep going down, and

    Neu-Ner: Bitcoin Not At Bottom (But Still a Great Long-Term Buy)

    | 2018/06/13 7:00 am
  • Following the hack of a largely unheard-of cryptocurrency exchange in South Korea and a probe by US government investigators into Bitcoin price manipulation, the cryptocurrency market has once again broken to the downside — and things aren’t looking pretty.  Brutality At the time of this writing, the total market capitalization for cryptocurrencies is sitting at roughly $283 billion USD — a number many would’ve found unbelievable following January’s high of over $830 billion. With bears

    Altcoins Get Clobbered, Taking the Brunt of the Bitcoin Bear Market

    | 2018/06/13 5:00 am
  • The hacking of exchanges and relentless attacks from financial powers have, in the short run, adversely affected the price of Bitcoin. However, once the news about these adverse effects fades, investors will be able to turn their focus to several bright ongoing developments. What Doesn’t Kill Bitcoin Makes It Stronger The recent spate of crypto exchange hacks, ongoing regulatory issues, and reports of an investigation into possible price manipulation have sent the price of Bitcoin

    Factors That Will Push Bitcoin’s Price Higher Are Gathering Steam

    | 2018/06/12 11:00 pm
  • Changpeng Zhao, CEO of Binance, the world’s largest cryptocurrency exchange by means of trading volumes, said that the recent decline in Bitcoin’s price is historically normal.  Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, has reached recently reached its’ three-month low. At press time, Bitcoin was trading at $6,795.30 according to CoinMarketCap, which marks 6.38% decline in the last 24 hours. Despite the price drop, the CEO of the largest cryptocurrency exchange remains calm,

    Binance CEO: Bitcoin Price Drop is Business as Usual

    | 2018/06/11 10:00 pm
  • On June 10th Bitcoin unexpectedly dropped 10% in less than 4 hours, leaving investors and analysts scratching their heads in search for the reasons behind the slaughter. Market Overview Today, we’ll skip all the poetic prose and poorly planned musical puns and just get down to business. What’s behind the most recent flash crash?   Is it the widening CFTC investigation into cryptocurrency manipulation? Will cryptonuts finally receive valid information that will confirm or squash

    Bitcoin Price Analysis: How low can Bitcoin go?

    | 2018/06/11 8:00 pm
  • By 2 PM (EST) on June 11, 2018, Bitcoin, the number one cryptocurrency, had dropped almost $1,000 from its price, trading at $6,700. BTC is now trading at its lowest value since the middle of March 2018. One of the most significant questions remains what to do next – join the selloff brigade, hodl, or buy more Bitcoins? Getting the Facts Straight First things first, the facts need to be straightened out. Market manipulators most

    Bitcoin Price Drop: Is this the Best Time to Buy?

    | 2018/06/11 6:00 pm
  • Well-known analyst Tone Vays has likened Bitcoin to how it was in 2014, as prices hit multi-month lows of $6668. ‘It’s Been A Long Time’ Uploading technical forecasts for BTC/USD on social media Sunday, Tone Vays — who has produced multiple warnings about a bear market for the leading cryptocurrency in previous months — reiterated his “most optimistic” bear target below $5000. “It has been a long time since I’ve posted a $BTCUSD chart like

    Tone Vays: Bitcoin Hitting $4975 Is ‘Most Optimistic’ Bear Market Price Outlook

    | 2018/06/11 8:00 am
  • In an effort to pin Bitcoin’s price drop on anything other than sellers overpowering buyers, mainstream and cryptocurrency-focused media have been eager to blame Coinrail — an irrelevant and incredibly minor cryptocurrency exchange in South Korea. However, the hack of Coinrail is not to blame for the flash crash. Market manipulators and panic sellers are. Panic Selling After a prolonged period of sideways trading, market makers in the cryptocurrency space decided to slice a $42

    Bitcoin Price Crash Caused by Panic Sellers and Manipulation (Not Coinrail)

    | 2018/06/11 6:00 am
  • Bitcoin, the number one cryptocurrency, is currently in freefall as it continues its losing streak for the third consecutive day. However, the decline recorded today, June 10, 2018, has seen Bitcoin reach a three-month low. 10 Percent Slide in 24 hours Takes Bitcoin Below $7,000 Bitcoin began the day trading at about $7,600 according to CoinMarketCap. At the time of writing this article, BTC price has fallen to $6,700, losing almost $1,000 in less than

    Bitcoin in Freefall – Tumbles to Three-Month Low Amid Coinrail Hack Saga

    | 2018/06/10 5:00 pm
  • With the middle of 2018 almost upon us, it has become incumbent on experts and commentators to offer revised Bitcoin price predictions. At the start of the year, the consensus was that the number one cryptocurrency would reach even greater heights. However, BTC prices have declined from its record-setting highs of $19,500 in mid-December 2017 to hovering around the $7,700 mark. Bitcoin will Approach the $15,000 Mark by December 2018 Finder, a financial comparison platform, released

    Bitcoin Price Prediction: Expect Price to Double by the End of 2018

    | 2018/06/08 3:00 am
  • Guess who just got back today? That wild eyed bull that had been away, has reappeared as Bitcoin price just broke $7,700! Question is, will the bears go quietly or will BTC continue trading sideways as they maul it into submission?  Market Overview It’s in tumultuous times such as these that investors should just kick back and relax. Take a deep breath, read a book, binge watch Netflix or just listen to Thin Lizzy as we at

    Bitcoin Price Analysis: Oh Boy, the Bears are Back in Town!

    | 2018/06/07 5:00 am
  • The record performance of Bitcoin price in 2017 suggests its best is yet to come, UK entrepreneur Alistair Milne suggested June 6 as prices inched towards $8000. 2017 ‘Just A Warm Up’ For Bitcoin Summarizing arguments on social media, Milne, who is known for his bullish long-term views on Bitcoin, forecast last year could be a “warm up” for growth between now and 2020. The views capitalize on growing faith both within and beyond the

    2017 Was Just a Warm Up for ‘Still Pre-Mainstream’ Bitcoin

    | 2018/06/06 7:00 pm
  • On June 3, the price of Bitcoin broke through ten-day highs to once again challenge $8,000 — as multiple investors eye fresh ‘buy’ signals.  Brandt Watches For Sunday ‘Buy’ Chart Data from across major exchanges showed BTC/USD move through $7,700. As of press time on Sunday, it is hovering between $7,720 and $7900. Bitcoin’s newfound support upends a weekly downturn, which saw prices bottom out at $7,096 on May 29. A strong support at $6,900

    Bitcoin Price Sets Sights On $8,000 As Investors Watch For ‘Buy’ Signal

    | 2018/06/03 8:00 am
  • After threatening to fall through the floor, Bitcoin has seemingly found support above $7,000 — leading Fundstrat Global Advisors to claim a market rally is already underway.  ‘It’s Going to Start a Recovery Process Here’ Yesterday, the head of technical strategy at Fundstrat Global Advisors — an independent research boutique which provides market strategy and sector research — announced his company’s belief that Bitcoin is bottoming. Robert Sluymer told CNBC’s Futures Now: When we step back,

    Fundstrat: Bitcoin Recovery Underway, ‘Setup is Very Attractive’

    | 2018/06/01 10:00 am
  • Bitcoin price is running but she’s not out of the woods yet. Technical charts show a pack of angry bears right at the heel, but at last, in swoops a hero! Is it volume? No. Is it the cavalry composed of fat cat institutional investors and bitcoin beluga whales? Nope. At the edge of the tree-line, waiting with hands extended…or actually, tapping to the rescue via Twitter is the one and only person who can

    Bitcoin Price Analysis: Will John McAfee’s Prediction Hold True?

    | 2018/06/01 6:00 am