Tag Archives: Bitcoin

Well, it looks like the spike to $10,000 that we just reported for bitcoin was short lived… Extremely short lived.Well, the Bitcoin Run Didn’t Last Long at AllJust yesterday morning, the asset saw itself regaining all it had lost during the height of the coronavirus pandemic. The currency was trading for well above the $10,000 mark in February of this year and experiencing the most bullish behavior it had witnessed since the summer of 2019, but it ultimately came to a crashing end when the...

Bitcoin has shot past the $10,000 mark again.Bitcoin Has Hit the Five-Figure MarkThe surge follows news that the United States is suffering from civil unrest. With so many riots in the streets and violence occurring in what appears to be every major city, it’s no wonder that bitcoin has shot up more than $600 in a single night.Just yesterday, the world’s number one digital currency by market cap was trading at around $9,500, though at press time, this figure has jumped past $10,100. It seems...

Bitcoin price declined sharply after testing the $10,400 against the US Dollar.It is holding a crucial uptrend support near the $9,320 and $9,300 levels.There is a major bullish trend line forming with support near $9,050 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair start a fresh increase as long as it is above the $9,320 support zone.Bitcoin price trimmed most its recent gains and declined below $10,000 against the US Dollar. BTC is now trading above a major...

Bitcoin has been doing relatively well, as of late. The world’s number one cryptocurrency by market has surged beyond $9,500 for the first time in well over a week, and the bullish train its riding doesn’t appear to be running out of steam anytime soon. However, bitcoin’s recent gains don’t even compare to the run Ethereum is enjoying.Ethereum: Today’s Crypto King?ETH is the second-largest cryptocurrency by market cap and the number one competitor to bitcoin. At the time of writing, one unit...

Plan B – a respected yet anonymous bitcoin analyst that invented the stock-and-flow model for bitcoin – has made a bold announcement about the world’s number one digital currency by market cap.Plan B Predicts Big Things for BTCThe analyst has announced that sometime within the next one to 1.5 years, bitcoin will ultimately shoot up to $100,000 per unit. According to Plan B, the halving is placing bitcoin on a new bullish run that will take it into six-figure territory for the first time in...

Why is JP Morgan changing its ideas regarding bitcoin so much?JP Morgan Is Becoming Kinder to BTCJamie Dimon – the head of the banking organization – has repeatedly referred to bitcoin as a “fraud.” Many customers of crypto exchanges have complained for years that banks and financial institutions like JP Morgan have refused the give them accounts or have denied them access to financial services. Now, as Live Bitcoin News reported recently, the company has brought Coinbase and Gemini – two of...

It looks like all the hype and fear that surrounded the recent rumor of Satoshi Nakamoto moving his bitcoin has subsided. Bitcoin has not only crawled back above the $9,000 mark, but it has managed to add several hundred to its price to trade beyond the $9,500 position.Bitcoin Is Bullish Once AgainThis is certainly good news, but the currency is still struggling to break past $10K. What will happen in these coming weeks? Will the world’s number one digital currency by market cap continue its...

The identity of Satoshi Nakamoto still has many bitcoin and crypto fans everywhere scratching their heads. Who is this man, and why has he never come out to garner the respect and praise he deserves for creating one of the world’s most revolutionary financial tools?Satoshi Nakamoto: The Mystery ContinuesTechnology expert and philosopher Ted Nelson has now emerged to say that he knows darn well who Nakamoto is, and it’s someone nobody’s ever thought of. He’s pointing the finger at Shinichi...

It’s funny how more than two weeks have passed since bitcoin’s famed third halving, and yet people are still talking about it as though it were fresh news. Bitcoin IRA – despite the big gap between now and the occurrence – has unveiled a new report that discusses the company’s alleged findings pertaining to the halving and what traders can expect in the coming future.Bitcoin IRA Reveals Some New DataA halving occurs for bitcoin every four years. The previous two occurred in 2012 and 2016,...

Tension between the U.S. and China is spiking, and many are worried about what will happen with bitcoin.China Is Being Eyed by the U.S.On Thursday, President Trump explained to a room full of reporters that he and fellow regulators are looking into what their options are for dealing with China. The nation is widely blamed for the release of the coronavirus on the world, and Trump is potentially looking to initiate economic strikes against China in the form of further sanctions and tariffs.The...