Tag Archives: Bitcoin

There is great fear traveling through the crypto space… Fear that somewhere down the line, bank-issued cryptocurrencies will somehow replace bitcoin and its altcoin counterparts.Will Bitcoin Be Replaced?But is that fear valid? We need to look at a few facts before we can make an official decision. For one thing, these cryptocurrencies issued by financial institutions will be centralized, meaning the banks will be in control of who receives the crypto units and what they can be used for. This...

Another bitcoin price prediction is in the books. This time, the prediction comes from a popular crypto analyst who goes by the name of Galaxy BTC on Twitter, and he’s saying that BTC could spike by 1,000 percent in the coming months granted a few things happen.Galaxy BTC Says $100,000 Is on Its WayFor bitcoin to experience such a surge, the currency would need to break past a trendline on a logarithmic chart. Once this occurs, the world’s number one digital currency by market cap could go...

Bitcoin is the world’s number one cryptocurrency by market cap. At the time of writing, it is trading for well over $8,700 and has been on a bull run since early January.Why Will Bitcoin Always Be at the Top?There is widespread speculation, however, that the currency may have reached its peak technology-wise. While the asset may be the top cryptocurrency in terms of size and age, there are several new altcoins that have entered the space allegedly capable of outperforming their...

As bitcoin continues to sally forth, the currency is garnering all kinds of attention from industry and media analysts alike.Will Bitcoin Continue to Rise, or Is Another Drop Coming?Many are wondering if this is all a fluke. After all, it wouldn’t be the first time that bitcoin has surged to new heights only to disappoint us somewhere down the line. Remember in December of 2017? The currency hit its all-time high of nearly $20,000 and jumped into new territory, taking the entire crypto space...

Bitcoin, at the time of writing, is still performing quite well and is trading for just over $8,700. The currency has experienced a slight drop of less than one percent over the past 24 hours, though it’s still maintaining its present position in the high $8,000 range.Bitcoin Is a Popular AssetNaturally, analysts are rushing to the “prediction space,” looking to see what could be responsible for the currency’s sudden surge and to discuss where they think it will wind up by the time 2021 is...

Tom Lee, a senior analyst at Fundstrat, is at it again and predicting bitcoin’s price despite claiming at the end of 2018 that he would never try to predict where bitcoin would go again.Tom Lee: Bitcoin Will Double Its Current PriceThis time, however, Lee seems a little more on the mark. At the time of writing, bitcoin is trading for just over $8,600, a $1,700 increase from where it stood just 12 days ago. Lee comments that 2020 is likely to end the year with bitcoin doubling its present...

Bitcoin (BTC), the world’s number one cryptocurrency by market cap, is exploding at the time of writing, and has shot up past the $8,800 mark.Bitcoin Is Heading for Bigger and Better HeightsThis, by itself, is a vast improvement over where the asset stood yesterday morning, which was $8,500. That means that bitcoin has improved by well over $300 in less than a day. Perhaps people like Sonny Singh of Bit Pay, Tim Draper, Ross Ulbricht and Charles Hoskinson all had a point to their...

Bitcoin price rallied recently above the $8,400 and $8,500 resistance levels against the US Dollar.The price traded to a new yearly high at $8,900 and settled above the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $8,420 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair remains well supported and dips towards $8,420 and $8,315 might prevent buy opportunity.Bitcoin price is gaining bullish momentum and it recently...

A college education is very expensive, nowadays. The average student in the U.S. walks away owing more than $32,000 following the obtainment of their bachelor’s degree, and one father is looking to bitcoin to ensure his one-year-old daughter can attend school without dealing with notorious levels of debt.Bitcoin Will Pay for a Young Girl’s College TuitionBitcoin has been traveling north as of late and experienced a serious price bump in 2019. Despite peaking in the summer of that year and...

At the time of writing, bitcoin (BTC) – the number one cryptocurrency by market cap – is trading above $8,100, suggesting that its latest bull run still has some steam behind it.Bitcoin Is Still Hitting the TopYesterday, there was concern that perhaps things had either come to an end or were slowing down given that the currency was meandering between $7,900 and $8,000. This occurred for roughly two days, which made several analysts think that bitcoin had reached its peak considerably earlier...