Last month, Bitcoin enthusiasts breathed a sigh of relief when they were informed that the Tom Lee Bitcoin price target was $25K by the end of 2018. But a month later, now in the second half of the year, Tom Lee has changed his mind. He now expects that Bitcoin will trade a little over $20,000…
Bitcoin (BTC) has just hit its year-low this morning, as its price has just dipped below the $6,000 mark and Ethereum (ETH) is closely skimming the $400 mark. Bitcoin (BTC) Price As per CoinMarketCap, the Bitcoin-US dollar (BTC/USD) exchange rate plummeted to a 2018-low of $5,835.75 at 0:09:00 UTC. At press time, the cryptocurrency is changing hands at $$5,873.86 and…
Speaking on CNBC yesterday, Fundstrat’s Robert Slyumer has given his opinion on the BTC charts. He believes that the current Bitcoin downtrend can only be reversed if the coin creates a short-term break, through the $6,300 mark. The Bitcoin analyst studied the Bitcoin 15-day moving average charts from May and said: “It really is a no-man’s…
Can a Bitcoin Airdrop help the people of Venezuela? The country is considered one of the world’s most oppressive monetary states. Unfair practices implemented by its government to maintain control of its people has resulted in the following; “severe shortages of medicines, medical supplies, and food have intensified since 2014, and weak government responses have undermined Venezuelans’…
A new Bitcoin ranking has been released, and the BTC position might surprise you. Don’t worry, it’s overall placement is still number one by market cap, but China released a new listing of its top blockchains and Bitcoin didn’t fare so well. Spoiler alert – Bitcoin didn’t even make the top ten. Bitcoin Ranking By…
Jack Ma Bitcoin Bubble: Yet another well-known figure has come forward to express his thoughts on the cryptocurrency sector. The figure, who is Jack Ma, spoke specifically of Bitcoin (BTC) — and his thoughts weren’t exactly in favor of the cryptocurrency. Jack Ma Bitcoin Bubble: True or False? On Monday, Jack Ma, a Chinese billionaire and…
FCoin Lists XRP and MIOTA: It’s going to be a big week for Ripple (XRP) and IOTA (MIOTA), as well as six other cryptocurrencies. Every week is important in the crypto sector, but this week has an edge up on, say, last week. Why? Because XRP and MIOTA, as well as several other digital currencies, are…
After a wave of Bitcoin mining operations set up in areas with affordable electricity, places like Montana’s Missoula County needed to make a decision over the impact these operations have on the region. Earlier this month, it was reported that Bitcoin’s (BTC) energy footprint had nearly doubled in six months and was expected to grow. According…
XRP News – Following the news of the Coinrail hack, the crypto market suffered a major dip. This dip has continued well into the week, with numerous coins plummeting Wednesday. Take, Ripple (XRP), for instance. The cryptocurrency is down nearly 10% in the past twenty-four hours. In this article, we’re going to be looking at…
Tether (USDT) & Bitcoin (BTC) – A new study has surfaced this morning putting Tether in the negative spotlight once again. Last December, Tether was subpoenaed by the U.S Commodity Futures Trading Commission to provide proof that the digital currency was in fact back by a reserve of U.S. dollars. Bitfinex was also subpoenaed due to…
