• Bitcoin prices dropped May 11th after regulators investigated South Korea’s largest cryptocurrency exchange, Upbit, panicking users. Upbit ‘Deceiving Customers’: Reports According to local news media outlet Chosun, authorities suspect Upbit of faking data about its balance sheet and “deceiving customers.” Users holding funds on the exchange then withdraw en masse, as shown by data uploaded to social media, causing volatility across Bitcoin markets and prices to sink below $9000. UPbit got BOGGED. pic.twitter.com/16cUBsoOIP — Korean

    Bitcoin Dips Below $9000 As Upbit Investigation Worries Korean Traders

    | 2018/05/11 7:00 am
  • We live in a world where people only validate what they personally believe to be true irrespective of the facts. Therefore, it’s fair to ask whether Bitcoin’s repeated failure to surpass the 200-day moving average is indicative of underlying weakness, or is confirmation bias fueling investors’ dreams of Bitcoin price above $10,000? Market Overview The third time has not been the charm for bitcoin as it bounced off the 200-day MA after an exciting run

    Bitcoin Price Analysis: Is Confirmation Bias Fueling Investors’ Dreams of $10K?

    | 2018/05/10 10:00 am
  • In a new report published by the San Francisco Federal Reserve, the agency claims that the substantial drop in the price of Bitcoin in 2018 was directly tied to the December 2017 launch of the futures market. Last year we saw Bitcoin, the largest cryptocurrency by means of market capitalization, peak at around $20,000, marking an increase of more than 1300%. However, in the first quarter of 2018, the cryptocurrency has lost more than half of

    Federal Reserve: 2018 Bitcoin Price Drop Tied to Launch of Futures Market

    | 2018/05/08 5:00 pm
  • Fundstrat researchers, led by Tom Lee, say Bitcoin is all set up for a massive rally going into Consensus week. The Bitcoin price has dipped slightly to the $9,300 mark after nearly reaching the $10,000 mark. The cryptocurrency has been on a three-week high after struggling for the better part of 2018. Historical Relationship Between Consensus and Bitcoin Price The Fundstrat researchers are basing their prediction on the behavior of Bitcoin prices in the wake

    Tom Lee: Bitcoin Price Increase Coming After Consensus Conference

    | 2018/05/08 9:00 am
  • After coming within a hair’s breadth of $10,000, BTC reversed course to trade at the $9,500 support. Are traders in for a day or two of range bound trading or is this pause in momentum simply a short consolidation period before Bitcoin blasts off? Market Overview Bitcoin and a handful of top altcoins pulled back roughly 3 – 5% over the past 24 hours in what appears to be a temporary break from a month

    Bitcoin Price Analysis: A Watched Pot Never Boils!

    | 2018/05/06 9:30 pm
  • Bitcoin Foundation founder Charlie Shrem has gone on record to forecast that May 2018 will be “the last time” Bitcoin costs less than $10,000. Buy The Last Dip? In a Tweet from May 3rd, Shrem, who since returning to the cryptocurrency industry has vowed to propagate Bitcoin’s benefits to a wider audience, claimed this month would mark a significant turning point in Bitcoin markets. May 2018 will be the last time we ever see #bitcoin

    Charlie Shrem: May 2018 Will Be ‘Last Time’ Bitcoin Costs Under $10,000

    | 2018/05/04 12:00 pm
  • After a tough winter, Bitcoin seems to be back on track, trading well above $9,000, yet meeting strong 200-day moving average resistance around the $9,800 mark. A wave of positive news and events, however, might be paving the way for another solid rally. At the time of press, Bitcoin is trading at $9,206/.15, marking a subtle 0.72% increase in the last 24 hours. While this particular increase doesn’t seem noteworthy, Bitcoin’s price is up roughly

    There Are Now Less Than 4 Million Bitcoin Left to Mine

    | 2018/05/03 9:00 pm
  • After a rather unpleasant 3 months which saw the price of Bitcoin fall to less than half its all-time high, the gold standard of cryptocurrency has finally shown signs of reversal. The market leader is currently trading around $9200, but can Bitcoin ever reach and surpass its previous highs? Sure it can — here’s how. ‘Better Security Infrastructure’ As suggested by Forbes, the first thing which could send Bitcoin skyrocketing is increased adoption as a

    5 Things That Will Send Bitcoin Back to the Moon

    | 2018/05/03 7:00 am
  • Bitcoin price rebounded May 2 after a sudden drop below $9000 Monday triggered support above $8800 which continues to hold. May 2018: A 2nd Month Of Gains? In a move conspicuously similar to behavior also seen April 1, BTC/USD dropped several hundred dollars in minutes before turning around, this time at $8840. The surprise uptick exactly one month previously began what subsequently became Bitcoin’s best month of 2018, the largest cryptocurrency gaining over 30% through

    Bitcoin Price Retakes $9k After Brief Dip Parallels Start Of April Surge

    | 2018/05/02 1:00 pm
  • Authorities have found a new scapegoat to blame for the ongoing opioid drug epidemic going on in the United State: Bitcoin. Eagle Scout Turned Drug Dealer Aaron Shamo is a Utah native who discovered Bitcoin and cryptocurrency in 2009, soon after it was created. He began mining for Bitcoin while he was a student a Utah Valley University. He continued to accumulate more of the cryptocurrency as he made his way through life over the

    Authorities Blame Bitcoin for Opioid Drug Epidemic

    | 2018/05/01 1:00 pm
  • Will Bitcoin bore traders with a second day of sideways trading or are we bracing for the long-awaited breakout over $10k? Market Overview Bitcoin and other cryptocurrencies have ascended at a steady pace over the last 3 weeks and it appears that Bitcoin has developed an impressive immunity against the usual correction triggers of tax selling, regulatory fears, exchange hacks and other FUD that have plagued crypto-markets since Q1 2018. In fact, at the moment

    Bitcoin Price Analysis: $10K, Are We There Yet?

    | 2018/04/30 9:00 pm
  • On the last day of April, cryptocurrencies are on the cusp of proving this month marks a resurgence as Bitcoin prices remain up over 30%. BTC/USD Faces Final $9k Test Data from major exchanges tracked by Coinmarketcap, Bitcointicker and others reveals that despite misgivings from traditional finance circles and even some traders, such as Warren Buffet, Bitcoin has succeeded in holding on to its Q2 gains. Starting out at under $7000, April 1 saw the first

    Bitcoin Investors No Fools as Price Gains 30% in April

    | 2018/04/30 10:30 am
  • Nobuaki Kobayashi, the infamous bitcoin whale, and the lead attorney for the Mt. Gox trust may be gearing up for another selloff. Another Round from the Tokyo Bitcoin Whale Kobayashi earned the moniker the “Tokyo bitcoin whale” when he sold $400 million worth of bitcoin and Bitcoin Cash from December 2017 to February 2018. The crypto sale is part of the efforts to pay off the credits of the defunct Mt. Gox bitcoin exchange that went

    Is the Mt. Gox ‘Bitcoin Whale’ Gearing Up for Another $170M Selloff?

    | 2018/04/28 9:00 am
  • Arbitrage exists as a result of market inefficiencies and would therefore not exist if all markets were perfectly efficient. How does one capitalize on this market phenomenon? A trader who, in 1970, pioneered a computerized trading system once said: The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these three rules, you may have a chance. This is, of course, Ed Seykota, a former commodities trader.

    Crypto Arbitrage Trading – The Pursuit of Happiness

    | 2018/04/27 5:00 pm
  • Haven’t dipped your toes in Bitcoin’s waters, yet? Well, according to one market analyst, now’s the time to take the plunge. ‘Screaming Buy’ In an interview with Bloomberg Television on Thursday, Pantera Capital Management’s CEO Dan Morehead made some seriously bullish comments in regards to Bitcoin — claiming the gold standard of digital assets “is a screaming buy right now.” Morehead, whose cryptocurrency hedge fund is worth $1 billion, noted that roughly 10 percent of

    Bitcoin ‘Is a Screaming Buy Right Now,’ Says Pantera Capital CEO

    | 2018/04/27 9:00 am
  • After a noteworthy rally over the past couple of weeks, Bitcoin price and the cryptocurrency market made a sharp and fast corrective move on Tuesday night and all day Wednesday. eToro’s senior market analyst, Mati Greenspan, thinks he knows the reason why. Panic Selling or Profit Taking? Bitcoin and the bunch have finally put in a higher high, with a higher low also in the forecast — but what, exactly, stopped the market’s bull run

    Senior Market Analyst: Here’s What Caused The Bitcoin Price Pullback

    | 2018/04/26 11:00 am
  • The term ‘first-time-ever’ may not be the first thing that pops into your mind when thinking about a brothel. However, the Moonlite Bunny Ranch in Nevada could definitely claim the term as it recently accepted its first Bitcoin payment. One of the benefits of Bitcoin is that it offers a high-level of anonymity and even though prostitution is legal in the US state of Nevada, paying customers might not want evidence of it in the

    Brothel Goes All the Way and Accepts Its First Bitcoin Payment

    | 2018/04/26 5:00 am
  • Will a 6% drop in bitcoin price hamper the current rally which has produced a 35% gain since March 3rd? Highlights April continues to amaze but after an impressive rally, Bitcoin and other majors showed signs of bearish exhaustion as the market became overbought after topping out at $9,767 today. Daily Chart As predicted BTC met stiff resistance near the 200-day MA ($9800) and while today’s pullback is mildly disconcerting, the longterm set up for

    Bitcoin Price Analysis: Are Sellers Hodling or Folding?

    | 2018/04/25 9:30 pm
  • Fundstrat Global Advisors cofounder Tom Lee has revealed traditional finance strongly favors cryptocurrency after a personal survey convinced him “big money” will soon enter the market. Lee: Results Are ‘Leading Indicator’ For Crypto Capital Influx Uploading the results of a questionnaire he delivered to invitees of a small gathering April 23, Lee, who is famous for his positive Bitcoin price outlook, said the “small group” of institutional investors “believe BTC has bottomed.” Attending were a

    82% Of Institutional Investors ‘Believe Bitcoin Has Bottomed,’ Fundstrat Survey Finds

    | 2018/04/25 11:00 am
  • Analysts seem to anticipate another Bitcoin “price explosion” that may even lead to its value surpassing the 2017 all-time highs. Positive price predictions are raining like cats and dogs as buy orders now comprise a major part of the market’s activity. At the time of press, April 25th, Bitcoin is trading at $9,385.69, marking a 1.63% increase in the last 24 hours alone. At the same time, buy orders comprise around 88% of the market’s

    Analysts Predict Upcoming Bitcoin ‘Price Explosion’

    | 2018/04/25 9:00 am
  • Speaking at the Sohn Investment Conference on Monday, April 23rd, John Pfeffer, serial entrepreneur, investor, and currently a partner at Pfeffer Capital, declared that Bitcoin is the first viable replacement for gold. In a statement that would make even the feet of David Drake twirl with delight, John Pfeffer said that his anticipation is for Bitcoin’s price to rise to at least $90,000 or ‘significantly higher.’ At the time of writing, the cryptocurrency is trading

    Investor Says Bitcoin is the ‘First Viable Replacement For Gold’

    | 2018/04/24 1:00 pm
  • The combined cryptocurrency market cap has passed $400 million again for the first time since March 8 as Bitcoin price soars to multi-week highs. Bitcoin Price Bulls Are Back Data from major exchanges and Coinmarketcap shows that as of press time April 24, the implied value of all tracked assets has reached $421 million. Building on its latest uptick which began Friday, Bitcoin reached further highs of $9280 Tuesday, managing to find support at the

    Bitcoin Price Blasts Past $9K Driving Crypto Market Cap Over $420B

    | 2018/04/24 7:00 am
  • As the Bitcoin price continues to surge, trading at a 4.26% increase in the last 24 hours, the prominent investor and Bitcoin advocate, Tim Draper, says it’s ‘bigger than the internet.’ Venture capitalist Tim Draper remains ever so bullish regarding the prospects of Bitcoin. The early investor in Skype, Hotmail, and Tesla bought some 30,000 units of the largest cryptocurrency by market capitalization back in 2014 in a U.S. Marshals Service auction and revealed that

    As Bitcoin Price Surges, Tim Draper Says ‘It’s Bigger Than the Internet’

    | 2018/04/24 3:30 am