BITCOIN PRICE: 2,573.71     HIGH: 2,575.41     LOW: 2,403.00

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Blockchain and Bitcoin Conference Stockholm • September 7, 2017

On September 7, the event management company "Smile-Expo" is holding the first blockchain conference in Stockholm. Blockchain & Bitcoin Conference is a series of Blockchain events taking…

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Category: Price Analysis

BIP 91 Likely to be Locked in Within 24 Hours, Bitcoin Displays Highest Ever Daily Gain

Category: Bitcoin, Commentary, News, Price Analysis

BIP 91 Likely to be Locked in Within 24 Hours, Bitcoin Displays Highest Ever Daily Gain

Bitcoin Improvement Proposal 91, or BIP 91 for short, a miner-activated soft fork (MASF) developed by James Hilliard, passed its 80 percent activation threshold on July 16 and is set to be locked in within 24 hours. The compromise between developers and the mining community has coincided with buoyant markets, as BTC-USD recovers from a recent low at $1830 on...

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Litecoin: Supplanting Bitcoin as the Cypherpunk Cryptocurrency?

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

Litecoin: Supplanting Bitcoin as the Cypherpunk Cryptocurrency?

June 2017 may be remembered as the month that the true ‘flippening’ occurred, from bitcoin to litecoin, precipitated by a Prague-based group promoting and educating the public on crypto-anarchist philosophy. The stakes are high for bitcoin, with a face-off between Bitmain, threatening a User-Activated Hard Fork, and those seeking to eliminate miner influence over SegWit adoption, the User-Activated Soft Fork...

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Bitcoin Price Exhibits Huge Intraday Swings

Category: Bitcoin, News, Price Analysis

Bitcoin Price Exhibits Huge Intraday Swings

BTC-USD displayed huge intraday swings on May 25, where bitcoin posted a record high at $2760.10 then fell around $500 only to recover the $2400 handle hours later. While the momentum is strong, upward surge cannot go on forever and we detail why BTC-USD will peak sometime between June 12 and July 24. Bitcoin markets have been characterized by speed...

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Crypto Markets In the Black: Bitcoin Price Inches Closer to $2000, Ether Breaks $100

Category: Bitcoin, Ethereum, News, Price Analysis

Crypto Markets In the Black: Bitcoin Price Inches Closer to $2000, Ether Breaks $100

BTC-USD inched closer to $2000 on May 19, establishing yet another all-time high at $1954.99 on the Bitstamp exchange while cryptocurrency markets simultaneously followed bitcoin higher; ether broke above the $100 psychological level for the first time since its inception in July 2015. While there is a lot of talk of a ‘flippening,’ where Ethereum will take Bitcoin’s lead in...

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Bitcoin Price Analysis: A Test of $1892 Incoming

Category: Bitcoin, News, Price Analysis

Bitcoin Price Analysis: A Test of $1892 Incoming

BTC-USD has bounced back above $1800 momentarily on May 14 after dipping as low as $1601.46 on the Bitstamp exchange on May 13. After posting a fresh all-time high at $1892.00 earlier in the week, the market has completed a retracement to the 61.8 percent Fibonacci level and closed higher than the Fibonacci resistance at $1714.76 on May 13, pointing...

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Markets Update: Bitcoin Briefly Dips Below $1500, Ether Retraces from $97

Category: Price Analysis

Markets Update: Bitcoin Briefly Dips Below $1500, Ether Retraces from $97

Cryptocurrency markets have continued their upward surge on May 5, with BTC-USD posting a fresh high at $1623.01 on the Bitstamp exchange, while ETH-USD peaked at $97 on Kraken. The price of bitcoin has been boosted by its highest ever volume in a 24-hour period, surpassing $1 billion. Some of the top volume bitcoin pairs are XRP-BTC, ETH-BTC, LTC-BTC and...

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Bitcoin Price Soars to New Record High at $1425

Category: Bitcoin, News, Price Analysis

Bitcoin Price Soars to New Record High at $1425

The price of bitcoin is at record highs on May 1, reaching $1425 on the Bitstamp exchange, after breaking the previous all-time high at $1350. A move above the peak reached in the market mayhem accompanying the SEC's ETF decision indicates that a long-term target for bulls has been validated at $1719.97. The monthly timeframe is shown below, with April's...

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Bitcoin Price Tests $1300 After Close Encounter with All-time High

Category: Bitcoin, News, Price Analysis

Bitcoin Price Tests $1300 After Close Encounter with All-time High

BTC-USD is down around 2 percent on today's open on the Bitstamp exchange, testing the critical $1300 handle. The market came within inches of breaching the all-time high at $1350.00, posted in the mayhem leading up to the SEC's decision on the Winklevoss ETF. The SEC is now reconsidering the bitcoin ETF, which could be driving bullish sentiment. The daily...

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Bitcoin Price Dives Below $1200: Brief Dip Before Fresh Highs?

Category: Bitcoin, News, Price Analysis

Bitcoin Price Dives Below $1200: Brief Dip Before Fresh Highs?

Margin traders bearish on bitcoin at Bitfinex are becoming emboldened, with the open short interest surpassing the long interest for the first time in almost two months. The dip in BTC-USD, which fell from around $1230 to $1141 since April 11, could be short-lived with the cryptocurrency getting ready to jump to fresh highs if contrarian speculation takes hold. The...

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Bitcoin Bears Look to Seize Control Over the Weekend

Category: Price Analysis

Bitcoin Bears Look to Seize Control Over the Weekend

BTC-USD is down around 5 percent from the start of March 24, falling below the psychological handle at $1000 and breaking support at $1017. Bears look to have snatched control of the market. If the price of bitcoin remains below $985.67 until March 25, then bearish dominance will be confirmed, with a possible downtrend ending near $750. In this article,...

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