News

Bitcoin Drops Lower; Proves Less of a Hedge Than Gold

The bearish trend we observed during our update last week seems to have intensified over the weekend, triggering another price decline for Bitcoin. At the start of the week, the cryptocurrency fell down further from its previous price range pushed by a higher trading volume than usual. Yet, current market

Bitcoin Stabilizing; Coinbase Increases Support

Bitcoin seems to be consolidating after a quite uneventful week marked only by a few changes in the cryptocurrency’s USD value. After achieving a small jump near the end of the weekend, Bitcoin is back at $3,600 again while interest in trading the coin is lower than when compared to

Bitcoin Price Drops; Anonymous Miners Taking Over?

Despite Bitcoin showing bullish signs at the middle of last week, the cryptocurrency actually headed in a different direction during the past couple of days, failing to break the resistance level at $4,200 and dropping down to $3,660. Looking at the stats from this period, it seems that the price

Bitcoin Jumps to $4,000; Winklevosses Not Giving Up

Whereas  the start of last year brought bad news for the world’s most dominant cryptocurrency amidst a global crypto hype, the beginning of 2019 heralds new hope for Bitcoin and other alternative coins. During the first weekend of this year, the coin jumped upwards to $4,000 in USD value supported

Bitcoin in the New Year: Mining Difficulties and Chinese Interest

The world’s biggest cryptocurrency by trading volume and most popular digital asset –Bitcoin– is starting the new year on a bullish note after weeks of being bearish. Over the course of the past week, the coin‘s USD price oscillated mildly when compared to previous weeks, dropping down by over $200

Bitcoin Reverts; Wall Street Pauses Bitcoin Dreams

In another week of ups and downs, the world’s leading cryptocurrency by market capitalization has reverted back to a level it reached a week ago, trading currently around $3,700. Despite an uptick in interest from traders, Bitcoin has failed to stabilize around $4,000, with current market signals indicating that traders

Bitcoin Reverts to $3,800; New Facebook Imposters Emerge

After a tough couple of weeks that most of the community labeled as a “crypto winter”, Bitcoin has reverted back to $3,800, raising hope of a possible stop to the big sell-off. Since last week, the price of the coin jumped over $300+ on the back of an increase in

Bitcoin Drops Again; Next Phase of the Crash Coming?

Bitcoin continued its bearish cycle for the most part of last week as the cryptocurrency slid off by over $400 in the course of seven days. Since Monday, the coin has been stabilizing and trying to hold on to a new support level, trading mostly between $3,400 and $3,500. The

Bitcoin Is Bearish; Mining Companies Still Have Faith in the Coin

Bitcoin is back below $4,000 a week after the cryptocurrency began showing signs that its November price drop could be reversed. Due to an increased interest by buyers who were hoping to make a profit on the latest price correction Bitcoin shot up, only to begin dropping down again on

Bitcoin is Back at $4,000; Nasdaq Still Planning Bitcoin Futures

Bitcoin has recovered slightly after suffering one of the worst bearish markets since its inception, with the cryptocurrency trading near $4,100 as of today. Over the course of one month, Bitcoin lost nearly $2,300 in value after a fairly stable quarter during which the USD price of the coin mostly