News

Bitcoin Drops; Locks Elon Musk’s Account

During the past week, Bitcoin suffered a small price correction brought on by a predominantly bearish market and diminished interest in buying the cryptocurrency. Whereas last week Bitcoin traded near $6,700, it has now reached a USD value close to $6,500. However, as current market signal hint, the sentiment has

Bitcoin Back to $6,700; US Government to Fight it With Ripple?

After plunging to $6,300 on Thursday last week, Bitcoin stayed near the same levels for the entire weekend thanks to low buying interest. But come Monday, the cryptocurrency made a sharp jump upwards which added over $500 to its value in a matter of only a couple of hours. With

Bitcoin Retracts; Will the Crypto Market Implode?

Once again we’re at the middle of the week with Bitcoin’s USD value falling down after a climb upwards during the previous week. Whereas this time last year Bitcoin’s price was changing fast from one day to the next, for the past month the world’s number one cryptocurrency has been

Bitcoin Turns Bearish; Lightning Network Demo Signals Hope for Adoption

After an unsuccessful bull run at the end of last week, Bitcoin’s price is back to where it was during our last update. Lowered interest on the market paired up with a bearish sentiment has driven the price downward around $6,400, with current market signals indicating that the trading mood

Bitcoin at $6,300; Bitcoin Cash Future Uncertain?

The world’s biggest cryptocurrency by trading volume is back at $6,300 after an interesting week of highs and lows. As the charts show, the past week was marked by increased trading interest which took the market from being bullish to bearish and then bullish again as investor sentiment changed. But

Bitcoin Suffers Blow; A Crypto Lobby in D.C. in the Making?

The past week was a hard time for Bitcoin as the cryptocurrency slid off from app. $7,500 to losing short of $1,000 in a matter of a day. However, despite the rumors of a Bitcoin whale unloading $1 billion worth of coins, there is no confirmation that the big price

Bitcoin Sell-Off Suspected; China Mining Company Asks $1b in Fundraising

Bitcoin is once more heading towards $7,500 after drawing a curve on the price charts last week supported by increased trading interest. Like Forbes reported, BTC price reached a one-month peak yesterday, pulling other digital currencies along with it. In the course of Monday to Tuesday, Bitcoin grew 2.2% to

Bitcoin Still Bullish; New Blackmail Scams Emerge

As we discussed in our last week’s update, Bitcoin’s bullish market drove the price over $6,700 to break past the $7,000 range this week. Thanks to a stronger buying sentiment, Bitcoin has reverted back to former positions and is looking at a further increase according to current market signals, but

Bitcoin Hits $6,700; Search for Stable Coins Continues

A week after suffering a drop below $6,000, Bitcoin is again in the green zone and trading around $6,700, fueled by a predominantly bullish market. While the past weeks have shown that Bitcoin and other alternative cryptocurrencies are still quite vulnerable to shifting market sentiments, what’s positive to note is