Bitcoin broke through the $11,000 barrier today for the first time since January, hitting a high of $12,500 at one point. It is trading at around $11,071 as of noon EST. Bitcoin’s Recovery Continues Following last week’s run that took BTC past the $10,000 mark and saw the digital coin’s value recover by nearly 30%…
Bitcoin Soars 80%: Bitcoin (BTC) price has been on a rollercoaster over the last couple of months.The lack of underlying value and unpredictable nature of digital currencies continues to stun investors with massive sideways movements. Since showing the considerable upside volatility at the end of last year, bitcoin’s downside volatility led the price to…
Inflating prices through Pump and Dump schemes isn’t new to the stock markets; the unregulated and anonymous nature of cryptocurrencies makes it easier for scammers to manipulate stock prices. NEM (XEM) President Lon Wong believes price manipulation is unavoidable in cryptocurrency markets saying: “Price manipulation is not something new. You see it in mainstream markets as…
Yes, you read that right – it is possible to win a single Bitcoin if you can defeat a new video game that launches very soon. MonteCrypto: The Bitcoin Enigma is set to launch on Steam on February 20th. Steem is a cryptocurrency used to power the Steemit platform; a blockchain-based social media platform aimed at…
Update: On February 13th, Credit Karma reported that only 0.04 percent of Americans that have already filed their 2017 taxes had claimed their cryptocurrency gains and losses. With the entire cryptocurrency market starting at $18 billion in January and growing to over $600,000 billion by the end of the year, Credit Karma expected more individuals to be…
Bitcoin (BTC) has almost hit the résistance level of $10,000 in today’s trading. The market trends are steadily moving in favor of bulls following a horrible crash in the last couple of weeks. The main reason for this is said to be South Korea’s retraction from it’s earlier stance; authorities had previously threatened to forbid…
Bitcoin is back — the digital coin continued to recover and rose above $9,300 earlier today. BTC Now Up 12% Over Past Week Following yesterday’s run to $8,900, BTC recovered further today, surging past the $9,300 mark for the first time in two weeks. At the moment, BTC is priced at around $9,250, which is…
Switzerland just took the blockchain sector to a whole other level – enter the first tokenized car. What Happened? The world has now been informed that a Porsche dealer in Switzerland has teamed up with TEND, which is an ethereum-powered market, to put a luxury sports car on a blockchain. Not just any sports car,…
On Tuesday morning, BTC managed to bounce back to $8,900 and reached its daily high of $8,952.90. The coin is trading at $8,545.10 as of 12 PM EST, which means it rebounded by approximately 20% over the past week. Further Upside For BTC/USD With the price movements observed recently, further upside is expected for BTC.…
After wiping billions of dollars off the market in the last couple of weeks, cryptocurrencies extended the bull run regardless of the stiff resistance from bears. Bulls are firmly holding the market today; predicting that the price has hit the bottom of the selloff and will increase again. Last weekend was especially volatile; Bitcoin and other…
