Bitcoin News: Bitcoin (BTC) obsession has been declining at a staggering pace since the start of this year; the largest coin couldn’t sustain trader’s attention and the confidence that it had attained in the final quarter of last year. Cryptocurrency market analysts are blaming declining trader’s interest for the bearish trend over the last couple…
According to Tom Lee, Bears aren’t accurately reading declining volume, tumbling Google search trends and prospects for the price crash. Indeed, Fundstrat’s Tom Lee believes Bitcoin is offering a strong buying opportunity for long-term investors, as he expects the largest coin to trade around $25K by the end of the year. Bears emphasize that a…
![Bitcoin [BTC] Google Searches Down 75% in Six Months](http://mattx.co/wp-content/uploads/2018/06/3569/bitcoin-btc-google-searches-down-75-in-six-months-777x380.jpg)
Bitcoin (BTC) – Web searches for the word ‘Bitcoin’ have dropped around 75% since the beginning of 2018, according to Google Trends. Source: GoogleTrends Google Trends analyzes different ‘periods of popularity’ for individual web searches. The value of ‘100’ on their site is given to a specific term that is being searched at its peak…
Is Bitcoin (BTC) a real asset or bubble? This question is a continuous discussion. Economists and market pundits have been closely watching Bitcoin mania; some of them are comparing it to teh Dutch Golden Age Tulip Mania, while a few are showing confidence in its future fundamentals. The debate over the shocking Bitcoin price movement…
Bitcoin Buying Opportunity?: Has Bitcoin price reached the bottom of the recent bearish cycle? Market pundits were predicting that Bitcoin price had hit the bottom of the bear run earlier this week when the coin traded at around the $7,000 level; saying the cryptocurrency markets are undervalued following the most recent selloff. Source Image: coinmarketcap.com…
Bitcoin (BTC) will eventually die: Nobel Prize-winning economist Robert Shiller gave interesting but pessimistic remarks which shatter Bitcoin’s price fundamentals. The Bitcoin price bull-run seems to have paused after increasing skepticism from economist and technical analysts; they continue revealing bearish outlooks for Bitcoin in both the short and the long-run. Source Image: coinmarketcap.com Robert Shiller –…
The substantial amount of volatility in Bitcoin price (BTC) is arguably the biggest factor hindering its potential for global acceptability. Retailers, restaurants, and even credit card companies refuse to support cryptocurrencies due to this price volatility. As a more-than-apt example, the cryptocurrency market cap gained $30 billion in the last twenty-four hours alone, after wiping…
![Bitcoin Cash [BCH] is Running Without 13% of its Nodes](http://mattx.co/wp-content/uploads/2018/05/3377/bitcoin-cash-bch-is-running-without-13-of-its-nodes-777x380.jpg)
Back on May 15th, Bitcoin Cash [BCH] controversially hard-forked its network; unfortunately, has yet to regain all of its nodes in the process. https://t.co/AwdEZzKoAk #BCHforEveryone pic.twitter.com/n6ttvO73G7 — Bitcoin Cash (@BITCOlNCASH) May 15, 2018 The website Cash Coin Dance keeps track of the nodes running the Bitcoin Cash network and has found that 13% of Bitcoin…
Investors all over the world had credited Bitcoin (BTC) and other digital currencies highly, thanks predominantly to their backing from innovative blockchain technologies and the possibility to work as a viable currency. Market dynamic and investor sentiments have changed substantially however in the past few months; cryptocurrency mania now seems to be cooling down –…
Will Bitcoin price (BTC) rebound this year? Bitcoin price traded in the red over the last three consecutive weeks amid downgrades from big names and price manipulation scandals. After losing billions of dollars over the past three weeks, the largest coin is now receiving strong support around the $7,000 level. However, traders are in doldrums…
