Tag Archives: Bitcoin

Bitcoin and silver speculated to be better investments than gold in current market atmosphere

Bitcoin and silver speculated to be better investments than gold in current market atmosphere

Bitcoin’s price movement has been considered as one of the main indicators for analyzing the behavior of the entire cryptocurrency market. Some analysis also showed that Bitcoin was outperforming its mainstream peers such as gold and other precious metals with silver being the only commodity standing out during the previous week. In the latest CNBC market analysis, […]

Billionaire Looks for “the Next-best Currency”, Gives Bitcoin Hope

Billionaire Looks for “the Next-best Currency”, Gives Bitcoin Hope

Ray Dalio, American billionaire investor, Co-Chief Investment Officer and Co-Chairman of Bridgewater Associates, a global investment firm, published a report, where he criticizes the current fiat money system but does not mention Bitcoin. This made a number of people ask as to why that is. However, his earlier comments show that Dalio did not write off cryptocurrency completely. […]

STUDY FINDS BITCOIN’S MOST VOLATILE FROM MIDNIGHT TO 1 A.M. (UTC)

STUDY FINDS BITCOIN’S MOST VOLATILE FROM MIDNIGHT TO 1 A.M. (UTC)

DOES THE EARLY BIRD GET THE WORM? A recently published report from Longhash found that Bitcoin’s most volatile trading hours occur between midnight and 1 a.m (UTC). The data analytics collective used Crypto Data Download to analyze Coinbase trading data from July 6, 2017, to July 2, 2019. The team observed hourly high and low prices for […]

Bitcoin Noticeably Absent From Senate Hearing on Facebook’s Libra

Bitcoin Noticeably Absent From Senate Hearing on Facebook’s Libra

For a panel about a proposed cryptocurrency, Tuesday’s Senate Banking Committee hearing was notably light on crypto talk. Bitcoin was barely mentioned during the two-hour session and most of the lawmakers seemed far less concerned with the technology than with who was planning to leverage it: Facebook. Sen. Brian Schatz (D-Hawaii) put it perhaps the […]

Bitcoin Cliff Hanger, BTC Slides 10.2% In A Early Stage Of A Correction

Bitcoin Cliff Hanger, BTC Slides 10.2% In A Early Stage Of A Correction

President Trump’s highlighting Bitcoin is bullish and hints of how disruptive the coin has been for the status quo. Leveling out the field and fronting end users, Bitcoin is huge for the libertarians. However, down 10.2 percent in the last week, BTC could register more losses in days ahead. Bitcoin Price Analysis Fundamentals Presently, Bitcoin […]

WHAT’S BEHIND RECENT GAINS FOR BITCOIN, ETHEREUM, RIPPLE’S XRP AND LITECOIN?

WHAT’S BEHIND RECENT GAINS FOR BITCOIN, ETHEREUM, RIPPLE’S XRP AND LITECOIN?

The year 2019 has been slow for most digital currencies. At the beginning of the year, Bitcoin, Ethereum, Litecoin and Ripple (XRP) maintained the same low price points as the end of the previous year. This was largely owing to a long-running market correction following the post-2017 crypto boom. However, things seemed to pick up in the past few […]

Altcoins Could See a Relief Rally as Long as Bitcoin Price Remains Steady in Near-Term

Altcoins Could See a Relief Rally as Long as Bitcoin Price Remains Steady in Near-Term

Bitcoin and most altcoins have been incurring tremendous volatility as of late, which has been primarily driven by BTC’s extended period of consolidation in the lower five-figure price region, where it has been trading at for the past month. Now, one prominent analyst is noting that many altcoins that have faced severe technical damage from […]

Bitcoin Is Shaky But BTC Indispensable In Investment Portfolios

Bitcoin Is Shaky But BTC Indispensable In Investment Portfolios

Despite skepticism, Bitcoin and cryptocurrencies are increasingly becoming part of investment portfolios. That’s notwithstanding their wild price fluctuations. At the time of writing, BTC is up 14.6 percent week-to-date. Bitcoin Price Analysis Fundamentals There are diverse opinions as far as what Bitcoin is. Generally, there is a consensus that BTC is first a medium of exchange and […]