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Bitcoin sinks to two-week low, down 15% in 24 hours

Crypto market cap sheds more than $30 billion in 24-hours was worth $6,435.13, down 7.4% since Wednesday at 5 p.m. Eastern on the Kraken crypto exchange. Despite the carnage, one analyst remains bullish, saying there’s much more to the digital currency than Goldman Sachs GS, “So the question is if Goldman Sachs stops exploring the […]

Bitcoin and cryptocurrency prices on August 8: Market slump continues

LONDON — The price of bitcoin is slipping on Wednesday, extending a poor run for the digital currency. Analysts at the London Block Exchange said in an email on Wednesday that the latest slump appears to have been triggered by a US Securities and Exchange Commission’s announcement late on Tuesday. The regulator announced it is […]

Bitcoin Holds Recent Gains Amid a Checkered Market Outlook

July 25: Bitcoin (BTC) is holding its newly won gains, having led the week’s impressive uptick to stay above $8,000. Other leading cryptocurrencies are seeing mixed fortunes, according to data from Coin360. Market visualization from Coin360 Bitcoin (BTC) is trading around $8,200 to press time, down about half a percent on the day. The leading […]

Wall Street’s interest in bitcoin, like ICE’s Bakkt, isn’t boosting crypto prices — Quartz

Wall Street is steadily making it easier for a wider range of investors to buy and sell bitcoin. It’s a development that should, in theory, boost prices—if a torrent of institutional money is poised to rush into crypto, then the buildout of professional-grade infrastructure should be a boon for things like bitcoin, ether, and other […]

Hodler’s Digest, October 22-28: US SEC Mulls Over Bitcoin ETFs, While Bakkt’s BTC Futures Inch Closer To Approval

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week US SEC Releases Memorandum From Meeting Over Bitcoin […]

Bitcoin’s Theoretical Price Ceiling Is Now $100k Per Coin – Bitcoin USD (Cryptocurrency:BTC-USD)

Introduction The question of if a floor exists in the price of Bitcoin ()()(OTCQX:GBTC), and if so, what is that figure, has become a hot topic recently. I would argue that the floor is determined by the probability of finding a gap between the fundamentals and the price. In other words, how many standard deviations […]

Bitcoin – Hold On – The Ride’s Just Starting! – Bitcoin USD (Cryptocurrency:BTC-USD)

Bitcoin () may have dropped to the point that some say this cryptocurrency has run its course, but the party for those who take this sector seriously is just getting started. In this article, I’ll discuss the chart pattern expectations for Bitcoin and how to reliably forecast price machinations in this volatile sector. Attempting to […]

Bakkt to Lead Bitcoin Recovery, Feb 2019 ETF Denial Crashes BTC: Analyst

Alex Krüger, a well-recognized cryptocurrency trader and technical analyst, has said Bakkt will lead the recovery of Bitcoin throughout 2018 and the first quarter of 2019. But, Krüger explained that the rejection of the Bitcoin exchange-traded fund (ETF) filing of VanEck, SolidX, and Chicago Board Options Exchange (CBOE) will lead to the crash of Bitcoin, […]