Tag Archives: Bitcoin

Tom Lee is at it again with his price predictions. The Fundstrat analyst is predicting $40,000 for BTC by the end of 2020, but is it possible he’s on track this time?Lee Is Back to His Old SelfLee has always been there to remind the world of how solid bitcoin is. No matter what it’s going through, no matter how many drops it incurs, Lee is there to tell us about its greatness. He’s confident it’s the future of finance, but his price predictions have left some wanting.For example, 2018 was a...

Bitcoin is on a roll, today. The currency has rebounded from its recent drop to surge by roughly $500. At the time of writing, it is trading for over $10,300, marking a new high for the year.Bitcoin Has Set a 2020 RecordThe asset has undergone a period of hardcore change since 2020 began. It initially began the year trading at a measly $6,900, the lowest it had been in approximately one month. From there, it rose by $400 to reach $7,300 following political tensions between the United States...

Bitcoin price climbed higher again after a short term correction to $9,700 against the US Dollar.The price revered losses and climbed to a new yearly high at $10,400.There is a key bullish trend line forming with support near $9,870 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to extend its rise above the $10,420 and $10,500 levels in the near term.Bitcoin price is trading in a strong uptrend above $10,000 against the US Dollar. BTC is likely to extend...

Bitcoin has been on something of a roll these past two months, and naturally, many analysts are thinking to compare the present bull run of the world’s biggest and most popular cryptocurrency with the one that occurred in 2017.Is Bitcoin Up to Its Same Old Tricks?During that time, the digital asset reached an all-time high of nearly $20,000 during the final weeks of the year. It’s a number that’s never been surpassed, nor has bitcoin ever come close to it again.It was a glorious time for...

With China set to release its new digital version of the yuan, the country’s national fiat currency, the U.S. has sworn to boost its technology and artificial intelligence spending to ensure it’s able to counter the nation’s attempts and keep itself in a competitive position.China Could Be Pushing the U.S.’s ButtonsThis could mean working harder to ensure a digital currency for the U.S. As it stands, things like Libra and even bitcoin (BTC) have regulators on edge and split right down the...

It looks like that $10,000 spike bitcoin has incurred was something of a fluke. The currency has suddenly fallen below the $10K level and is now trading at just above $9,800.Why Is Bitcoin Suddenly Falling?Was it possible the jump came too fast? Could the world’s number one cryptocurrency by market cap have suddenly run out of steam, or is this simply a small break in a continued period of ascension?Joe DiPasquale – the CEO of hedge fund manager Bit Bull Capital – states that the...

It’s finally happened, folks! For the first time in several months (and the first time in 2020), bitcoin (BTC) – the world’s most popular and largest digital asset – has spiked beyond the $10,000 mark, and the bulls are fully taking over the money ship.Bitcoin Has Finally Hit $10,000The currency has been on a roll since the beginning of the year and has added more than $3,000 to its overall price since January 2. The significance of $10,000 is that this figure was serving as bitcoin’s present...

At press time, bitcoin (BTC) – the world’s number one cryptocurrency by market cap – is doing better than it’s done in months. Not since late October of last year has bitcoin seen numbers like this, and the currency is on the verge of hitting the $9,900 figure. This would put it just under $10,000 – not only a highly respectable number, but one that crypto traders haven’t seen in about six months and one that represents bitcoin’s present resistance level.Bitcoin Is Close, but Can It Truly Hit...

Bitcoin is a vulnerable asset. No matter how strong it seems to get, there is always some hacker out there looking to get their hands on BTC units they didn’t earn. Now, Kraken Security Labs – the cybersecurity firm of the San Francisco-based crypto exchange – has discovered a new way for cyberthieves to steal bitcoins, and it involves what has widely been considered one of the most secure wallets in the world.Kraken Claims Trezor Is DangerousThere is a serious problem that’s been found in...

There are new reports that bitcoin is about to hit the $11,000 mark. According to Rob Sluymer – an analyst with Fundstrat – the currency is on the verge of adding nearly $2,000 to its growing price.Fundstrat Is At It AgainFundstrat is no stranger to wily bitcoin price predictions. The analysis firm boasts the presence of Tom Lee, a leading individual with the organization that has made a real name for himself over the past two years predicting that bitcoin will move up in spades – and usually...