Two days after Jim Cramer made bearish comments on Bitcoin, the BTC price has started to revive itself. A bullish reversal is not yet confirmed, as Bitcoin would have to break above key resistance for that to happen. However, the BTC price has moved back to above $6,000, which indicates a trend reversal could very well be…
The cryptocurrency market has taken a beating to start out August but it seems the market has made a shift this week. Currently, Bitcoin (BTC) is trading just under $6,400 and Ethereum (ETH), one of the top altcoin gainers today, is just below $300. Let’s take a closer look at Ethereum Classic (ETC) and Populous…
Yesterday, Ripple Labs scored a small victory, winning one of its many ongoing legal suits. Fast forward twenty-four hours, and the Ripple price has corrected. But why? Is XRP’s activity Wednesday linked to the Ripple lawsuit? Or is there another catalyst that’s helping the price? Suit Denied, Ripple Price Correcting: August 15, 2018 Ripple Labs has been…
Square just announced that with its Square Cash app, all users are now able to buy Bitcoin in all 50 US states. Red, white, and bitcoin. Now you can use Cash App to buy bitcoin in all 50 states. pic.twitter.com/D4fhVRz7WL — Cash App (@CashApp) August 13, 2018 Square Ahead of the Competition Square was originally…
Both Bitcoin bears and bulls will be watching the BTC price over the weekend. While some see a potential corrective rally occurring, others believe the cryptocurrency is at the end of its road. One Wall Street analyst believes the latter. In fact, Jeff deGraaf said it’s “game over” for Bitcoin. But is that true? Wall…
The latest Bitcoin news is that Bitcoin (BTC) has taken a major hit this week and has dragged the rest of the cryptocurrency market down with it. At press time, the total cryptocurrency market is sitting at just above $225 billion, which is $75 billion lower than what it was just two weeks ago. Within…
Tom Lee has always remained optimistic about Bitcoin. True, the Tom Lee Bitcoin price target did change from $25 thousand to $20 thousand last month, but the Fundstrat co-founder is still confident. In fact, Lee remains confident because of what the Fundstrat Bitcoin Misery Index is indicating. Fundstrat Bitcoin Misery Index: BTC is at 39%…
Bitcoin for coffee. It has a nice ring to it. But actually using Bitcoin (BTC) to buy coffee? Turns into a big mess real fast. However, that might be about to change. Starbucks just hinted that it might soon have a way to make using BTC to pay for coffee a whole lot easier for…
Goldman Sachs appears to have mixed feelings towards Bitcoin. Earlier in 2018, the bank said it was planning on opening a BTC trading desk. Yesterday, a former Goldman Sachs executive said a Bitcoin ETF was possible. Yet, in the Goldman Sachs midyear economic-outlook report, Bitcoin was reported to decline even more than it has so…
Announced this morning is some pretty major news that Bitcoin bulls have been waiting for; Intercontinental Exchange (ICE) – the trading giant that owns the New York Stock Exchange – has a goal of breaking Bitcoin into mainstream currency and it plans to do this by forming a new company called Bakkt. Bakkt is soon…
