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Surprise! State-Owned Bank Says Bitcoin Price Is Too Low

2.10.2019
Source: iStock/hocus-focus A German bank believes that bitcoin prices are in for a major boost next year, and says current prices do not take into account the token’s forthcoming mining reward halving – expected to take place in May 2020. The bank estimates that BTC might hit USD 90,000, while...

Blame These Traders for Bitcoin Price Crash

1.10.2019
Recent bitcoin selling pressure actually originated from short-term traders that got bitcoin at prices between USD 10,000 and USD 12,000, claims crypto market analysis firm Coin Metrics. By analyzing the composition of their realized capitalization measure, introduced as a reportedly more precise...

Coin Race: Ethereum Price Ends Losing Streak, Bitcoin Price Drops More

1.10.2019
The early crypto fall that started in August continued in September, painting the market red. And we can’t even talk of small drops as many coins have seen a double-digit plunge in the month of abrupt downs and ups. However, in the top 10 coins category, the situation looks better for at least...

Bitcoin Price Rebounds to USD 8.5K, Altcoins Start Corrective Increase

1.10.2019
After a downside extension below USD 8,000 and USD 7,800, bitcoin price found support above USD 7,600. As a result, BTC/USD started an upside correction above the USD 8,000 and USD 8,250 resistance levels. The price gained nearly 8% and tested the USD 8,500 resistance area. Similarly, there was...

Bitcoin Price Manifests a Path Towards Moderate Recovery

1.10.2019
Bitcoin price plunged and it traded to a new 90-day low at $7,661 in the past 24 hours. The price is trading in a downtrend with high volatility and it is likely to test the $7,500 or $7,200 support level if it falls even further. There is a bearish trend line observed with resistance near...

Bitcoin Price: Cryptoverse is Trying to Guess the Next Move

30.9.2019
Cryptocurrency market and its swift and abrupt changes have given people a lot of headache, but also a lot to think about in the last week alone. People’s opinions on the near and far future of digital assets varies, but bulls seem hard at work. Nonetheless, analysts also urge traders to consider...

Bitcoin Price, Altcoins Poised For Further Weakness

30.9.2019
This past week, bitcoin price declined heavily below the USD 9,000 and USD 8,500 support levels. BTC/USD even traded below USD 8,000 and it is currently (08:00 UTC) showing signs of bearish continuation. Similarly, most major altcoins, including ethereum, ripple, EOS, BNB, litecoin, bitcoin cash...

Bitcoin Price Might Hit USD 1M Sooner Than a Quantum Computer Attacks

28.9.2019
IBM scientist Stefan Filipp, takes a closer look at the dilution refrigerator which will keep qubits at temperatures colder than the deepest parts of outer space. Has Google killed crypto? In a research paper posted to NASA's servers earlier this month and then quickly removed, scientists at...

Maduro’s Secret ‘Stash’ of Cryptos is Unlikely to Affect Bitcoin Price

27.9.2019
Nicolás Maduro. A Venezuelan state-run oil and gas company appears to be sitting on a bitcoin (BTC) and ethereum (ETH) unspecified “stash” – and the country’s central bank is looking for ways to store the cryptocurrencies in its coffers. Per a report from Bloomberg – who claim that president...

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