A New Yearly Bitcoin Low and Strange Fluctuations in RSI
Bitcoin (BTC) continued falling in value today, reaching a new 2018 low as it dropped to $3,277.60 on Bitfinex. There was a slight recovery in which Bitcoin bounced back to … Read More
Category: crypto
Unlicensed Bitcoin Exchange Operator Facing Money Laundering Charges
A 21-year-old individual from Mexico is currently facing more than a score of money laundering charges in the United States after allegedly operating an unlicensed Bitcoin exchange. Jacob Burrell Campos … Read More
Bitcoin Price Jumped $450 in Minutes (But Why?)
Late last night, the price of Bitcoin suddenly jumped roughly $450 in, quite literally, a matter of minutes — surging from around $6,450 to $6,900. The sudden spike interestingly occurred … Read More
Why 9 Bitcoin ETFs Were Just Denied by the SEC
As was expected, the United States Securities and Exchange Commission (SEC) once again denied multiple proposals for a bitcoin exchange-traded fund (ETF). Following the rejection of the Winklevoss Bitcoin ETF last … Read More
Buy Bitcoin, Suggests One Specific Technical Indicator
It’s been a rough year for Bitcoin, but one technical indicator suggests that we may be in for another relief rally. As noted by Bloomberg, the GTI VERA Convergence Divergence Indicator … Read More
Denied Bitcoin ETFs Getting a Second Look from SEC Commissioners
Following the rejection of nine bitcoin-based exchange-traded funds (ETFs) earlier this week by the independent regulatory agency, the U.S. Securities and Exchange Commission (SEC) stated on Thursday that it will review its … Read More
Ripple CTO Owns Bitcoin, Admits to XRP Limitations
Ripple — creators of a real-time gross settlement system, currency exchange and remittance network primarily aimed at connecting banks, payment providers, digital asset exchanges and corporates — has acknowledged that … Read More
Is Bitcoin a Viable Credit Card Replacement?
Will Bitcoin ever replace credit cards in the increasingly more competitive retail sector? Some experts think so. As noted by Forbes, various experts believe Bitcoin has the potential to overtake credit … Read More
Bitcoin Price Analysis: Short Squeeze or Correction?
After an eventless weekend of predictable low-volume trading, Bitcoin remains near the $6,700 line. With short orders remaining at very high levels, some may be tempted to enter a position … Read More
Will Bitcoin End 2018 ‘Explosively Higher?’
Fundstrat’s Tom Lee has a new indicator for your consideration. According to the well-documented Bitcoin permabull, there is a very interesting correlation appearing between the cryptocurrency market leader and emerging … Read More