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Bitcoin Price Analysis: BTC is a “Melting Ice Cube” Says CEO

Latest Bitcoin News Like Bitcoin prices shifting, so is Bill Gates-the founder of Microsoft who back in 2014 said Bitcoin is “used to buy drugs like synthetic opioid fentanyl” and the “anonymity of digital currencies meant they were linked to terrorist funding and money laundering” to admitting how transformational Bitcoin and cryptocurrencies have been especially… Continue reading Bitcoin Price Analysis: BTC is a “Melting Ice Cube” Says CEO

Bitcoin Price Analysis: BTC/USD Lose $202 to $3,800 as Sellers Flow Back

Latest Bitcoin News Thing is, the crypto market especially BCH continues to dump and as a result, the future of the cryptocurrency market continues to draw mixed opinions. Some are expect this decline to extend throughout Q1 2019 while others are positive that bulls will snap back to action next year. The reason for this… Continue reading Bitcoin Price Analysis: BTC/USD Lose $202 to $3,800 as Sellers Flow Back

BTC/USD Price Analysis: Bitcoin Moving in a $400 Range with Resistance at $4,700

The path of least resistance is clear and as long as prices are trading below $4,700 then we could see further declines towards $3,000 or lower. But even as analysts and investors track price, the survival of Bitcoin conjures memories of the dot com bubble. It did burst; birthing Amazon and Google, companies that wield… Continue reading BTC/USD Price Analysis: Bitcoin Moving in a $400 Range with Resistance at $4,700

Bitcoin Price Analysis: Regulators Step in while BTC/USD Prices Range

Although maximalist will advocate for self regulation like in Japan, the involvement of regulators is perhaps the only way for adoption promotion especially in this bear market. That is what CONSOB, the Italian regulator is doing while BTC/USD prices steady above $4,500. Latest Bitcoin News Regulations, regulations and more regulations that is the way forward… Continue reading Bitcoin Price Analysis: Regulators Step in while BTC/USD Prices Range

Bitcoin Price Analysis: High Volumes and Shrinking BTC/USD Trade Range Positive for Price

It’s not what maximalists want to see but for institutions to flock in then regulators must be in the picture. This is part of the reason why the launch of Bakkt Daily Bitcoin futures has been put off to Jan 24, 2019. Hopefully, if all requirements are met and goes live in Jan 2019 then… Continue reading Bitcoin Price Analysis: High Volumes and Shrinking BTC/USD Trade Range Positive for Price

BTC/USD Price Analysis: Hash Rate and Difficulty Drop, Bottoms Near

Latest Bitcoin News For the first time this year, Bitcoin prices did print below the $5,000 mark at CoinBase as reported and affirmed by statistics from CMC. While the losses were across the board, the marked drop in Bitcoin prices did shave the overall security and efficiency of the market. According to statistics, marking the… Continue reading BTC/USD Price Analysis: Hash Rate and Difficulty Drop, Bottoms Near

BTC/USD Price Analysis: ECB Official Says Bitcoin a Clever Idea as Prices Steady

Latest Bitcoin News While speaking at the Economics of Payments IX to mark a decade after the fall of the Lehman Brothers—an investment bank and a casualty of the Great Financial Crisis, Benoît Cœuré, the European Central Bank executive board member and the chair of the Committee on Payments and Market Infrastructures at the Bank… Continue reading BTC/USD Price Analysis: ECB Official Says Bitcoin a Clever Idea as Prices Steady

Bitcoin Price Analysis: BTC/USD Increasing Demand ahead of BCH Hard Fork

Aside from regulatory involvement, uncertainty in other blockchains often draws demand for Bitcoin as a store of value. It did happen before and three days before Bitcoin Cash software upgrade, capital could flow into Bitcoin lifting prices above $6,600 igniting short term bulls aiming for $7,200. Latest Bitcoin News Still, Bitcoin Cash is one of… Continue reading Bitcoin Price Analysis: BTC/USD Increasing Demand ahead of BCH Hard Fork

XRP/USD, BTC/USD Price Analysis: Ripple Bullish as Bitcoin Steady above $6,000

Latest Bitcoin News As the industry grow, regulation is important even if Bitcoin and other blockchain projects agitate for complete decentralization and decoupling from government influence. But when reality sets in and advocates realize that the industry can’t get away with fiat if liquidity and volatility is to reign then the importance of Business Growth… Continue reading XRP/USD, BTC/USD Price Analysis: Ripple Bullish as Bitcoin Steady above $6,000

BTC/USD Price Analysis: Fate of Nine Bitcoin ETFs to Be Decided After Today

Encouragingly, the market is bullish and Bitcoin is up printing a three-bar reversal pattern as participants reject lower lows. We expect the recovery to continue this week as the SEC is set to announce the fate of nine Bitcoin ETF as the commenting period concludes today. Should these proposals be compliant with SEC stringent requirements… Continue reading BTC/USD Price Analysis: Fate of Nine Bitcoin ETFs to Be Decided After Today