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BITCOIN PRICE: 3,832.40     HIGH: 4,164.79     LOW: 3,747.00

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Blockchain Health IT Summit • December 5-6, 2018

Roosevelt Strategic Council’s Blockchain Health IT Summit will provide a full-spectrum viewpoint of blockchain-based technologies in the healthcare setting, and…

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Category: Price Analysis

Bitcoin, Ether, and XRP Weekly Market Update: November 1, 2018

Category: Altcoins, Bitcoin, Commentary, Ethereum, News, Price Analysis

Bitcoin, Ether, and XRP Weekly Market Update: November 1, 2018

This week the community celebrates the tenth anniversary of the creation of Bitcoin. Satoshi Nakamoto first introduced the digital currency on Halloween 2008 with the release of a short paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.”Ten years later, the leading cryptocurrency has played a key role in the blockchain “revolution” and now stands on top of an industry valued…

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Bitcoin, Ether, XRP Weekly Market Update: October 25, 2018

Category: Altcoins, Bitcoin, Business, Exchange, News, Price Analysis, Regulation

Bitcoin, Ether, XRP Weekly Market Update: October 25, 2018

BTC dropped $120 of its value and closed the trading day on October 18 at $6,615. The loss constituted its most significant one-day drop since October 11. BTC-USD On the same day, observers saw the Chicago Mercantile Exchange (CME) reporting significant growth in BTC Futures trading in Q3. The exchange group has revealed that the average daily trading volume (ADV)…

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Bitcoin, Ether, XRP Weekly Market Update: September 27, 2018

Category: Altcoins, Bitcoin, Ethereum, Finance, News, Price Analysis

Bitcoin, Ether, XRP Weekly Market Update: September 27, 2018

BTC closed September 20, 2018, at $6,493 with substantial gains of approximately $100 and a third consecutive green candle on the daily chart. BTC-USD The U.S. Securities and Exchange Commission (SEC) stated on September 20 that it has begun a review process for the physically-backed bitcoin ETF proposed by VanEck and SolidX and will once again delay its decision in…

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Bitcoin, Ether, and XRP Weekly Market Update: September 21, 2018

Category: Altcoins, Bitcoin, Commentary, Ethereum, News, Price Analysis

Bitcoin, Ether, and XRP Weekly Market Update: September 21, 2018

BTC closed the day with a solid gain of more than $160 on September 13, touching the $6,500 level. Traders pushed the price even higher on September 14, but the biggest cryptocurrency could not keep the momentum and closed below the $6,500 mark (at $6,480). Trading volume was above $5 billion during the last two days of the workweek. BTC-USD…

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Bitcoin, Ether, and XRP Weekly Market Update

Category: Altcoins, Bitcoin, Ethereum, Finance, News, News Digest, Price Analysis

Bitcoin, Ether, and XRP Weekly Market Update

After a turbulent mid-week action, we saw BTC trading around the $6,400 level on September 7, 2018. The biggest cryptocurrency did, however, briefly achieve 55 percent of market dominance, its highest point since December 2017. BTC-USD The cryptocurrency market continued to demonstrate one of the steepest declines in the past three years. Even Goldman Sachs CFO Martin Chavez calling the…

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Bitcoin, Ether, and XRP Weekly Market Update

Category: Altcoins, Bitcoin, Commentary, Ethereum, Finance, News, Price Analysis

Bitcoin, Ether, and XRP Weekly Market Update

Bitcoin closed the day with a red candle on August 29, 2018, just above the $7,000 mark. The biggest cryptocurrency could not recover and dropped to $6,800 during the intraday trading session on August 30, before going back up to the $7,000 zone. BTC-USD The news that Yahoo Finance would be integrating support for trading bitcoin (BTC), litecoin (LTC), and…

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Bitcoin and Ethereum Market Recap August 23, 2018

Category: Bitcoin, Ethereum, News, Price Analysis

Bitcoin and Ethereum Market Recap August 23, 2018

BTC-USD BTC successfully crossed the $6,500 resistance line on August 17 and held it over the weekend. On Monday, however, the price dropped back down to the same old $6,300 to $6,500 price corridor. It looked like the bulls were not yet ready to cross the major overhead resistance and required additional consolidation before attempting another rush. BTC continued ranging…

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Bitcoin Price Hits its Lowest Level in May and Nears $7000

Category: Bitcoin, Commentary, News, Price Analysis

Bitcoin Price Hits its Lowest Level in May and Nears $7000

Bitcoin hit its lowest level so far in May 2018 near $7,000, establishing a new low for the fourth week in a row. The long-term outlook shows shifting momentum in favor of bears that could see a large decline toward the 2018 low and even new lows for the year. The Weekly Outlook for Bitcoin The weekly chart for BTC-USD…

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Bitcoin Eyes Another Attempt at $9,500 Following Largest One-day Volume for CBOE Futures

Category: Bitcoin, Commentary, Finance, News, Price Analysis

Bitcoin Eyes Another Attempt at $9,500 Following Largest One-day Volume for CBOE Futures

The price of bitcoin (BTC) briefly dropped below $9,000 on April 25 but regained the critical level on April 26. On April 27, BTC-USD reached a high of $9,387.82 on the Bitstamp exchange, rebounding from lows near $8,600 on April 26 after the CBOE experienced the largest daily volume for bitcoin futures. Two ‘Record Sessions’ into Bullish Run, Five to…

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Weak Resistance Near $9000 Suggests Bitcoin Will Break Psychological Level by April 24

Category: Bitcoin, Price Analysis

Weak Resistance Near $9000 Suggests Bitcoin Will Break Psychological Level by April 24

Bitcoin (BTC) has galvanized on recent gains, testing the $9,000 handle multiple times over the past 36 hours. The window of opportunity for bulls is short, but it looks likely we will see a major buy signal given by April 24 for BTC-USD. The daily chart below shows that BTC-USD’s trend change was confirmed on April 14, with the market…

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