• The meteoric rise of Bitcoin continues as the digital currency has just reached $9,000, which is a staggering rise from its $800 value at the end of 2016. To say that 2017 has been a good year for Bitcoin is a massive, massive understatement. The cryptocurrency that many people considered an interesting distraction has skyrocketed in value since the start of the calendar year. People were amazed when it hit $5,000, and they were then

    Bitcoin Rockets Past $9000

    | 2017/11/26 1:00 am
  • Bitcoin’s meteoric flight does not take a break. Shrugging off the weekend and Thanksgiving Day, Bitcoin boldly surpassed the $8,700 USD mark, on Saturday morning, November 25, 2017. Similarly, on the same date, Ethereum reached a fresh all-time high of $480 USD. Bitcoin’s Unstoppable Spectacular Surge Investors have been in a bullish mood, setting Bitcoin on a steady trajectory towards the stratosphere since November 17, 2017, when the cryptocurrency touched the $8,000 resistance level. On

    Bitcoin Smashes a New All-Time High of $8,700

    | 2017/11/25 4:00 pm
  • As Bitcoin prices continues to reach new highs, major investors are thinking about getting some skin in the cryptocurrency game. From Gold to Bitcoin Many finance and tech experts have recently called Bitcoin a “bubble” and “tulip mania 2.0” but Bitcoin has managed to thrive despite these heavy accusations, and this week it hit a new all-time high price. Many investors and hedge funds are now planning to invest in Bitcoin, ICOs, and other cryptocurrencies.

    $220 Million Hedge Fund to Join the Bitcoin Craze

    | 2017/11/23 9:45 pm
  • A succession of polls has revealed contradictions in investors’ understanding of Bitcoin’s price being a bubble. $2k Bitcoin More Bubblishous Than $8k Bitcoin Results of three installments of a Twitter survey by funds manager Charlie Bilello show that the higher Bitcoin’s price goes, the fewer respondents think a bubble is occurring. “[The] higher the price of Bitcoin, less people believe it’s a bubble, more people believe it’s undervalued,” Bilello commented. The three polls launched May

    It’s Official: As Bitcoin Goes Higher, Bubble Fears Drop

    | 2017/11/23 8:00 am
  • Thomas Lee, who heads research at Fundstrat, is doubling his previous price target for Bitcoin, believing that the cryptocurrency will reach $11,500 in mid-2018. It’s been a wild ride for Bitcoin in 2017. When the year started, the cryptocurrency was worth $800, but the value of Bitcoin has exploded since then as it currently sells for $8221. Many individuals are quite bullish on Bitcoin and expect that it will continue to rise in value. Hedge

    Thomas Lee Bullish on Bitcoin Reaching $11,500

    | 2017/11/23 7:00 am
  • Serial investor Mike Novogratz is this week’s championer of Bitcoin, predicting $10,000 by December 31 as prices hit new all-time highs today. Novogratz: ‘Amazing Technology’ of Bitcoin Puts It Ahead of Gold Speaking on Bloomberg TV, Novogratz, who has been bullish on Bitcoin throughout the year, said Bitcoin would yet hit the magic number before the new year, and also predicted $500 per coin for Ether (ETH) within the same period. “…Gold has value solely

    Bitcoin To $10,000 In 6 Weeks? Easy, Novogratz Tells Bloomberg

    | 2017/11/21 2:00 pm
  • Bitcoin renewed its unrelenting trajectory into the stratosphere and reached a fresh all-time high of $8,040 USD during intraday trading on November 17, 2017. On the same date, a group of developers unsuccessfully attempted to implement the Segwit2x hard-fork. Segwit2x Revisited Bitcoin punctured the $8,000 USD resistance price level. The Bitcoin surge occurred as a group of developers attempted to implement the Segwit2x hard-fork of Bitcoin’s blockchain. However, as of this writing, the Segwit2x team

    Bitcoin Hits $8,000 as the Segwit2x Hard-Fork Fails

    | 2017/11/17 1:15 pm
  • Bitcoin trading spikes in Zimbabwe are just the start of a multi-pronged surge seeing Saudi Arabia and other new areas jump on board. Saudis Fleeing The Wealth Crackdown? That’s according to statistics from Coin Dance, which tracks weekly trade volumes from p2p exchange platform Localbitcoins. As Zimbabwe experiences extreme volatility in the price of Bitcoin, which topped $13,500 this week amid military intervention, uncertainty is also pushing activity up across the world. The price of

    Bitcoin Hits $13.5k In Zimbabwe As New Markets Post Record Trading

    | 2017/11/16 7:30 am
  • Defiantly, Bitcoin struggles to keep itself above $6,300 USD after the Segwix2x hard-fork flop. Indeed, after the cryptocurrency dropped below $6,273 USD on November 11, 2017, Bitcoin staggers and crouches, as if to gather the impulse to break the $6,500 USD psychological resistance level again. Still, at $6,300 USD, Bitcoin remains poised to become the undisputed best-performing currency for 2017 with a colossal gain of over 750 percent. Concurrently, Bitcoin Cash reached an all-time high

    Bitcoin Hovers at $6,300 as Bitcoin Cash Soars, and Bitcoin Classic Shuts Down

    | 2017/11/11 2:30 pm
  • Sheba Jafari, the vice-president of the Goldman Sachs FICC market strategies team, forecast that Bitcoin would consolidate at around $8,000 before rising to even greater heights. Bitcoin has been on a tear lately, reaching new highs this week, and it looks like the future of the digital currency is even rosier. An interesting forecast was recently made by Sheba Jafari of Goldman Sachs where she stated that Bitcoin will soon consolidate at around $8,000 but

    Goldman Sachs Predicts Bitcoin Will Consolidate at $8000 Before Rising Even Higher

    | 2017/11/08 2:15 pm
  • Not even taking a breather on weekends, Bitcoin prolonged its quick, unrelenting flight into the stratosphere, hitting a new all-time high of $7,600 USD, on Sunday, November 5, 2017. Snubbing threats from governments and influential bankers to crush it, and facing uncertainty due to the imminent Segwit2x hard-fork, Bitcoin continues to thrive spectacularly. Investors Shrug off Bitcoin’s Volatility, Lack of Liquidity, and Uncertainty Economic theories that would explain Bitcoin’s skyrocketing prices for four consecutive weeks no

    Bitcoin Hits $7,600 Defying Any Economic Orthodoxy

    | 2017/11/05 10:45 am
  • The cryptocurrency market hit a new record high today, with a total valuation of over $187 billion. Cryptocurrency Market Growth Won’t Stop This week the cryptocurrency market reached a new record high. Many cryptocurrency investors are feeling euphoric since the cryptocurrency market hit a total valuation of over $188 billion for the first time ever. The most noticeable gainer of the recent surge was – no surprise – Bitcoin. The popular cryptocurrency managed to hit a

    Cryptocurrency Market Cap Hits a New Record High

    | 2017/11/02 11:00 am
  • CNBC Fast Money’s Brian Kelly outlines the top three reasons why he feels investors should be buying Bitcoin. The Amazon Factor Brian Kelly of CNBC’s Fast Money has promoted three major, key reasons to buy Bitcoin. The first reason, as Kelly explains, is that Bitcoin will “Amazon” the banks, meaning that Bitcoin will be to the banking world what Amazon has been to retail. Amazon revolutionized the supply chain industry for products to the consumer, essentially

    3 Reasons Why You Really Should Be Buying Bitcoin Right Now

    | 2017/11/01 1:01 pm
  • The CME Group announced plans today to launch Bitcoin futures later this year as Bitcoin’s price reaches a new all-time high. The CME Group, renowned as the world’s leading and most diverse derivatives marketplace, plans to launch Bitcoin futures trading in the fourth quarter of 2017,  assuming all relevant regulatory review periods are passed successfully. The announcement was published on the company’s website. The futures contracts will be cash-settled and based on the CME CF Bitcoin

    CME Group to Launch Bitcoin Futures Trading

    | 2017/10/31 8:00 pm
  • The Winklevoss twins could be the world’s richest celebrity Bitcoin holders, with their 1% BTC share now worth over 1 Billion USD.  The Winklevoss twins, infamous for their legal feud with Mark Zuckerberg over his alleged stealing of their original idea for the Facebook social network, could rank as the world’s richest Bitcoin investors. As Bitcoin touches $100 billion in value, don't forget that the Winklevoss twins are officially Bitcoin billionaires (1% BTC supply) —

    Winklevoss Twins Bitcoin Fortune Calculated

    | 2017/10/31 11:15 am
  • Bitcoin’s price sustained its spectacular momentum by remaining within its all-time high range during the week ending October 27, 2017. At the same time, the Dow Jones rose for the seventh straight week, fueled by technology stocks. Among these stocks, Nvidia, a Bitcoin and Ethereum mining device maker, was the strongest. Bitcoin Remains the Best Performing Currency Bitcoin remains the best performer and the unchallenged leader among fiat and other digital currencies by staying within

    Bitcoin and World Financial Markets Close Another Spectacular Week

    | 2017/10/28 12:30 pm
  • A survey undertaken by CNBC suggests the majority of those surveyed believe Bitcoin is heading to and above $10,000.   Optimistic Bitcoin speculation is rife especially in recent weeks as the popular digital currency again spectacularly rose from what many believed to be an epic crash from nearly $5,000 to lows of $3000 before bouncing up towards $6,000. Michael Novogratz of Galaxy Investment Partners, speculated last week that it would reach new highs in the next six

    Bitcoin Heading to $10,000? Survey Says…

    | 2017/10/20 12:00 pm
  • Following over a decade of economic turmoil, Zimbabweans are turning to bitcoin for some financial stability. Yes, you read that correctly!  I mean, seriously, just how messed up is that? As a result, bitcoin is reportedly selling in the capital, Harare, for almost double the global average, according to TheNational.ae. I Thought Harare was That Gorilla Meme… From our ivory tower perched high on Crypto Mountain, we often look down at the mere mortals below. We

    Zimbabwe News – Bitcoin Selling at Twice Global Dollar Average

    | 2017/10/19 8:30 pm
  • Reflecting investors’ optimism, Bitcoin and world financial markets are setting record highs almost in sync. On October 13, 2017, Bitcoin hit an all-time high value, breaking through the $5,800 USD mark. On the same date, global stock market indexes showed a significant surge, stretching to record highs. Bitcoin and Stock Markets’ Spectacular Bullish Momentum Bitcoin’s market value, the total dollar value of all bitcoins in circulation, is becoming substantial as it hits $96.7 billion USD.

    Optimism Drives Bitcoin and Stock Markets to New Record Highs

    | 2017/10/13 10:30 pm
  • Bitcoin’s orbital trajectory hit a high of $5800 this week, giving the coin a market cap valuation close to $97 billion, listing the digital currency ahead of companies such as Goldman Sachs, Nike, and Bayer. Bitcoin’s rise continued apace yesterday, breaking through the $5,000 mark before going on to hit an all-time high of $5,800. The resulting weekly chart is pictured below showing the tallest weekly green candle growth in the coin’s history. The unprecedented

    Bitcoin’s Meteoric Rise Results in Market Cap Bigger Than Nike, Bayer, Goldman Sachs

    | 2017/10/13 12:30 pm
  • A man from the Netherlands is betting that the value of Bitcoin will multiply in the upcoming years, and he has sold everything his family owns to make that bet. A lot of people are betting on Bitcoin becoming even more accepted and entrenched in the marketplace, even global financial institutions like Goldman Sachs. However, one man in the Netherlands is really going out on a limb on the perceived rosy future for Bitcoin. Didi

    Dutch Man Gambles on Bitcoin by Selling Everything His Family Owns

    | 2017/10/12 9:31 pm
  • Bitcoin entrepreneur and investor Trace Mayer believes Bitcoin will hit $27,395 by next February according to his own analysis using a 200 Day Moving Average. Let’s be clear – there is absolutely no shortage of Bitcoin price predictions floating around the internet. A quick Google search these days yields no shortage of financial experts utilizing fundamental analysis, technical analysis, and Bayesian regression techniques to produce forecasts as far-ranging as the methods they employ. And let’s not

    Bitcoin Price to Hit $27K by February? Investor Trace Mayer Thinks So

    | 2017/10/12 1:00 pm
  • Bitcoin price soared past the $5,000 mark today, reaching a current all time high of $5,188 on the GDAX exchange.  Bitcoin’s price rocketed through the psychological $5,000 barrier, reaching an all time high, at the time of writing of $5,188. Relative strength technical indicators do show that the currency has been overbought now for three days, however, the price shows no sign of stopping. With recent speculation by investors of $10,000 bitcoin in six to

    Bitcoin Price Rockets Past $5000 to New All-Time High

    | 2017/10/12 6:40 am