Bitcoin (BTC) price continues to grow week in and week out, as another 9% has been added to its value since last Sunday. However, with the block reward halving being just over two weeks away, and mining difficulty set to increase another 5% in little over a week, is the bull market Read more…
The Bitcoin (BTC) price has seen a strong rebound from $6,800 to $7,600 within a four-day span, recording a 12% increase. Two technical factors are likely to push BTC to $8,000 in the near-term as traders anticipate a strong weekly close. In the upcoming days, the 200-day simple moving average (SMA) found Read more…
On Apr. 25, reputable media outlets in Japan and China reported that North Korea’s dictator Kim Jong-un had passed away after a failed heart surgery. While North Korea is yet to officially confirm the death of its supreme leader, the news sparked speculations about what the Hermit Kingdom would do with Read more…
Bitcoin price rose more than 10 per cent and broke above the key resistance $7500. Bitcoin price surged to $7700 area, will sustain towards $8500? What are the charts and technical indicators are saying? Read more to find further insights into today’s BTC/USD Technical Analysis. BTC is currently trading around $7550 area and trying Read more…
In the latest issue of “The Unfolding” report, global macro investor Raoul Pal claims that the Bitcoin price could hit $1 mln in the next five years. He believes that BTC represents the future of the financial system. However, he’s also bullish on gold, claiming that the price of the lustrous metal can witness a Read more…
Silk Road founder Ross Ulbricht has published his long-term Bitcoin (BTC) price analysis, in which he states that Bitcoin could potentially climb to $333 mln (yes, that’s with an “m”). In such a case, the market cap of the world’s first cryptocurrency could reach $7 quadrillion, which is ten times higher than the GDP Read more…
Bitcoin has done extremely well over the past 24 hours. After falling as low as $6,800 on Wednesday, the cryptocurrency mounted a strong comeback on Thursday morning, rallying from $7,050 to $7,800 in an explosive fashion to mark an over 10% gain. (As a note: some of that rally has since been Read more…
Holding a net worth of about $140 billion, Jeff Bezos could theoretically afford to buy all the Bitcoin (BTC) in circulation. What would happen if he tried? Genesis Mining’s head of mining operations weighs in on the matter. “Of course he could only buy the liquid BTC on exchanges, massively Read more…
The coronavirus-driven economic downturn has prompted Bank of America to revise its price forecast for gold upwards, bringing its prediction to $3,000 in the next 1-2 years. But despite being warring assets, experts believe this may be positive for Bitcoin. In the last few weeks, central banks have flooded the global economy Read more…
Bitcoin was in for a surprise plunge this Monday as investors assessed the situation in a worrisome oil market. The benchmark cryptocurrency fell by 4.30 percent to circa $6,748 per token shortly after the US oil futures price slipped into negative territory for the first time. The two assets remain non-correlated, but Read more…