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The world of cryptocurrencies has completely taken off in 2017. Bitcoin’s price has risen to over $7000, the highest price in its history. There has also been an increase in the number of...
Since the beginning of January 2017, the price of Bitcoin has increased by an astonishing 650%, up from $1,000 to $6,500. Ethereum entered the scene at $10, now trading at around $300. In all,...
Bitcoin well on the way to the next target of 6500 this week. On further gains look for 6555. First support at 6320/10 then 6190/80. Look for a buying opportunity at 6030/00 if we fall this far.
Bitcoin broke yet another all-time record this week, opening with a positive gap above the USD 6000 level. A likely explanation for the surge may be that investors are betting on the upcoming hard...
“People say you can’t run everything in the world on the blockchain, but I really, really think it’s possible,” blockchain guru Joseph Poon said to CoinDesk back in...
by Tanzeel Akhtar Last week's Bitcoin hard fork gave birth to Bitcoin Gold (BTG). So far, the post-birth recovery has been painful and not altogether successful. The newly minted cryptocurrency had a...
Ever since it climbed to $6180, Bitcoin has been rather indecisive. The price of the biggest cryptocurrency by market capitalization fell to $5366 at one point on October 25th. Fortunately, it was...
Is Bitcoin in bubble territory? Certainly, the price pattern this year looks like an exponential one, at least locally, but there are also opposing views. In an article on CNBC, we read: [William]...
My last post on Bitcoin got me some push back and I am glad that it did. I would rather be read, and disagreed with, than not read at all. I have been told that I know very little about crypto...
We start with a quote by Donald Trump, courtesy of CNN, May 16, 2016: This is the United States government. First of all, you never have to default because you print the money, I hate to tell you,...
By Stefan Gleason, Originally Published on Money Metals ExchangeRecent high-profile cyber security breaches at Equifax (NYSE:EFX) and other financial institutions highlight the perils of an...
Bitcoin is hyperbolic again.The premier cryptocurrency just cracked the $6,000 price level. As I shared yesterday, we shouldn’t expect it to stop anytime soon, either. I’m projecting that...
As I have noted with my earlier posts on crypto currencies, in general, and bitcoin, in particular, I find myself disagreeing with both its most virulent critics and its strongest proponents. Unlike...
Bitcoin is breaking first support at 5700/5690 and although shorts are way too risky in the bull trend, there is a good chance we slide towards a buying opportunity at 5430/5400. Try longs with stops...