Bitcoin Price plummeted below the $8000 level today for the first time in last the last thirty-five days. The constant bashing from business icons and trend makers are the most prominent drivers for the steep selloff. Bitcoin price lost 20% of its value since it hit the $9,900 mark on May 12. The selloff is…
Joe Davis; Vanguard economist believes that Bitcoin price (BTC) will crash to zero, and it will never emerge as reliable currency. Bitcoin price remains range-bound after falling 15% from three months high of $9,900 level. The bearish trend has been receiving support from influential icons. The debate over the use of Bitcoin as a medium of…
Today, May 22nd, is Bitcoin Pizza Day. What does that mean, you may ask? Well, back in 2010, one of the earliest Bitcoin (BTC) purchases was completed. The purchase was for two Papa John’s pizzas. The price back then? 10,000 BTC. Since that fateful day, Bitcoin’s price has skyrocketed and many other cryptocurrencies have sprung…
Bitcoin price (BTC) is crashing instead of rallying: Bitcoin price has failed to generate gains for investors since Warren Buffett, and Bill Gates rejected the cryptocurrency markets two weeks ago. Bitcoin price lost almost $1,800 in the last two weeks. Several other industry experts are also refuting bitcoin’s potential to work as an alternate currency.…
The Bitcoin (BTC) bubble theory has resurfaced again, as the founder of world’s largest e-commerce platform, Alibaba, just announced his views of the world’s first digital token. Jack Ma Yun, Alibaba Group’s founder and executive chairman, spoke in a forum on Wednesday and spoke highly of blockchain technology, but expressed his doubts about Bitcoin (BTC). “There is…
Bitcoin shows no growth: Bitcoin Price (BTC) hasn’t moved higher despite the Consensus Summit: Bitcoin price trades in the range of $8,300 today after briefly touching $8,800 level at the beginning of the week. The largest coin has posted losses in last two consecutive days. This downside move is contrary to analyst’s predictions who were…
Bitcoin (BTC) has dropped below the $8,500 mark. This is significant news, and it’s likely Bitcoin bears are going to try to drag the currency below the $8,000 mark during the remainder of the week. Will it happen, though? Only time will tell, but we can look to various mediums to see if there is…
Are you a Bitcoin HODLer? If you are, LedgerX is launching a Bitcoin savings account that might be right up your alley. The LedgerX Bitcoin Savings Account The cryptocurrency asset management platform, LedgerX, is launching the first Bitcoin (BTC) savings account that will be regulated by the Commodities Future Trading Commission (CFTC), reports Forbes. The…
You may have asked the question: is Bitcoin safe? on multiple occasions. Should you really think to put your money into Bitcoin? Well, Tim Draper is an investor with renowned opinions about the cryptomarket. He is an avid believer in the positivities of crypto and his bullish position has earned him many followers and detractors.…
Ethereum (ETH), and Bitcoin Cash could outplace Bitcoin (BTC) soon due to their superior technology and higher adaptations. Roger Ver – who has earned the moniker “Bitcoin Jesus” for his advocacy of Bitcoin from the early years, believes that Bitcoin could lose its leading position in the cryptocurrency sphere. He says cryptocurrencies like Ethereum and…
