Posts Tagged: bitcoin market

Yet Another Bitcoin Price Slip

The Bitcoin market is clearly in a downward trend, after yet another major price decline among a brutal sell-off. The sell-off was initiated after the unveiling of the Colonial Pipeline attack by hacker group DarkSide. FBI officials have managed to recover part of the $5 million ransom paid to the

Bitcoin Volatility Stabilizing; What Will October Bring?

We have seen the digital currency flying all over the chart in the course of the last 30 days, but as August draws to a close, calmer days seem to have come for Bitcoin. On Sunday, August 25th, the cryptocurrency reached its lowest volatility of 64%, and seemed to be

Another Bitcoin Price Drop; Upcoming Events Could Have a Bullish Effect

The past week has seen some massive fluctuations in the world of Bitcoin, proving volatility to be in the core of the cryptocurrency. Bitcoin experts and holders alike are constantly on the lookout for new indications that could give some insight as to the upcoming shift in marketplace. Still, as

The Bitcoin Yo-Yo Effect; Are Chinese Ponzi Scammers to Blame?

It’s all over the crypto networks – Bitcoin has gone into a new frenzy, several times just today. The cryptocurrency ultimately seems to be settling down at just above $10k at the time of writing, but many fear we haven’t seen the end of it. As CoinMarketCap’s estimates go to

Bitcoin Near $11K; Mysterious Buyer Invests $400m in BTC

During the past week, the price of Bitcoin moved away from the $9,000 range it reached on Wednesday to being close to a value of $12,000 per 1 BTC. Thanks to a week free of turbulence and positive news coming from key markets, Bitcoin began to stabilize around its former

Bitcoin Near $9K; U.S. Tax Payers Don’t Report Gains

It’s another interesting week for the world’s most popular cryptocurrency as the price recovers from a longer downtrend that shook the markets.  After the U.S. Senate hearing brought new faith in the future of cryptocurrencies last week, Bitcoin began a gradual climb from its $7,000 levels to reaching $9,000. And

Bitcoin Drops Below $10K; Facebook Bans Crypto-ads

Bitcoin’s struggle continues this week as the cryptocurrency fails to break away from correction and repeat the growing streak that took it to an all-time high of $20,000 last December. After rising to $12,000, Bitcoin started sliding at the beginning of the week and dropped again below $10,000. And judging

Bitcoin Near $11K; BitFlyer Comes to Europe

Bitcoin is once again nearing $11,000 after dropping down from the $13,000 range during the weekend due to a strong selling mood on the markets. Currently, market signals indicate that the trend is changing, although nothing can be said for certain. In other interesting news, Nasdaq is looking into offering

Bitcoin Plunges; Bitconnect Shuts Exchange

Bitcoin just had one of the most difficult weeks in the past year as its trading price started crashing on Tuesday and reverted back to December levels. As could be expected, other top cryptocurrencies quickly followed suit and likewise started to exhibit significant loses ranging from 27% to even 40%

Bitcoin Drops to $13K; Chinese Miners to Be “Guided” Into Quitting?

Once again, the price of Bitcoin suffered a correction during the weekend, falling down from its $17,000 range back to $13,500. Whereas last week a bullish sentiment on the trading market started to drive the price back on the road to recovery, this weekend brought a shift in trading trends