Tag Archives: Bitcoin

Google – the king of search engines – is partnering with Coinbase – the king of digital currency exchanges – to allow customers to pay for cloud services with crypto assets like bitcoin, Dogecoin, Litecoin, and Ethereum. Google Is Partnering with the Leader of Crypto Trading The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on...

Could bitcoin, Ethereum, and other digital assets experience further dips in their prices? According to Jamie Dimon, the man heading JPMorgan, the answer is a resounding “yes,” as he believes a recession is on its way and right around the corner. Jamie Dimon Warns of Ongoing Economic Turmoil Sleepy Joe Biden recently warned of a “slight recession,” again refusing to take a hard stance like a tough president and the leader of the free world should do. The fact is that...

Paul Tudor Jones – who at one point was a major bitcoin and crypto fanatic – says he’s beginning to back away from more bitcoin buys, and he recommends other people do the same until the market can clear itself up somewhat. Jones Calms His Love for BTC Right now, his sentiment is that bitcoin and other forms of crypto are proving too volatile to be taken as seriously as they were last year given their prices have taken serious dives over the last several months. In a...

Short-term sentiment surrounding bitcoin appears to have fallen to a new low. The move coincides with the crypto market experiencing its most bearish conditions since 2018. People Don’t Feel Great About Bitcoin Right Now The price of bitcoin has fallen by more than 70 percent since its all-time high of $68,000 per unit in November of last year. At the time of writing this article, bitcoin is trading in the low $19,000 range, and while this may be a nice little jump from...

Bitcoin fell again in mid-October following the release of a jobs report that showed the Labor Department adding less than 264,000 jobs during the previous month of September. This was considerably less than what many analysts and labor experts felt would occur. Jobs Didn’t Look Great in September The jobs report resulted in massive hits to the crypto market, with bitcoin falling by more than three percent and eventually settling in the $19,300 range. Ethereum and many...

We’re in a crypto winter. There’s no denying it. The fact that bitcoin could lose over 70 percent of its value in just under a year is crazy. Many thought that bitcoin and other forms of crypto were unstoppable and likely to reach prices that could never have been believed. While this happened, those prices are considerably lower than what most diehard traders were expecting. Bitcoin May Need More Time to Fix Itself Now, it looks like things are about to get worse as...

Many people are wondering if the prices of bitcoin and Ethereum are still correlated with the stock market. Some have been taking note of the unique price patterns that have been witnessed throughout the year, as while the general crypto space has moved in tandem with stocks throughout 2022, both BTC and ETH have seemingly moved on their own. Bitcoin and Stocks… Are They Losing Their Bond? For the most part, one can easily assume that since stocks have gone down and both...

The world of crypto hasn’t been doing well as of late. Bitcoin, for example, is down roughly 70 percent from its all-time high of about $68,000 per unit in the month of November last year, while other leading assets such as Ethereum have followed suit, ultimately contributing to the massive, $2 trillion valuation loss incurred by the crypto space since January. Bitcoin and Crypto Headed for Reversals? Digital assets are facing their most bearish conditions in history,...

The first week of October saw bitcoin moving much higher than where it had been. Previously, the asset was struggling to maintain a position in the $19K range, though things turned around somewhat during the early portions of the tenth month of the year to see BTC shoot up into the low $20K range. It’s not much, but it’s something, and analysts and traders everywhere chose to celebrate the hike rather than focus on how small it was. Bitcoin Could Be in for a Series of...

Bitcoin price started a fresh increase above the $20,000 zone against the US Dollar. The price is now trading above $19,500 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $19,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if there is a clear move above $20,400 level. Bitcoin price is rising above $20,000 against the US Dollar. BTC might gain bullish...