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BITCOIN PRICE: 6,407.22     HIGH: 6,427.16     LOW: 6,372.53

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Vizag Fintech Festival • October 22-26, 2018

The Vizag Fintech Festival 2018 is poised to be the nation’s largest Financial Technology event. The week-long event will take place from…

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Tag: bitcoin price

Bitcoin and Ether Lose Ground and Tim Draper Keeps the Faith

Category: Altcoins, Bitcoin, Blockchain, Investment, News

Bitcoin and Ether Lose Ground and Tim Draper Keeps the Faith

In August 2018, Bitcoin and a large batch of other cryptocurrencies experienced a massive sell-off, and the market is showing few signs of turning around any time soon. This week, Bitcoin dropped as much as 6.2 percent to $5,887. This is the pioneer digital currency’s lowest level since June. However, as Bitcoin maintains its low but stable level, Ether is…

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Crypto Markets Stabilize as Bitcoin Rallies Towards $7,000: BTCManager’s Week in Review July 9

Category: News Digest

Crypto Markets Stabilize as Bitcoin Rallies Towards $7,000: BTCManager’s Week in Review July 9

In the past seven days, the price of bitcoin rallied by over seven percent to inch closer to the $7,000. This marks the digital currency’s second up week in a row following a bear market in the second quarter of 2018. While cryptocurrency investors still seem to be split as to whether bitcoin has found its floor or has further…

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Bitcoin’s Bad Year May Not Turn Around Anytime Soon

Category: Bitcoin, Finance, News

Bitcoin’s Bad Year May Not Turn Around Anytime Soon

Cryptocurrency and blockchain technology continue to spread across the world, yet somehow, the most well-known cryptocurrency has been plummeting all year. Bitcoin (BTC) is currently the world’s biggest cryptocurrency with a market cap at time of writing of $105.5 billion.  Since reaching its highest value of nearly $20,000 in December 2017, BTC has lost more than 70% of its value….

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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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Institutional Investors May Guide Bitcoin Out of Consolidation Period

Category: Bitcoin, Commentary, Finance, News

Institutional Investors May Guide Bitcoin Out of Consolidation Period

On May 23, technical analyst Peter Brandt suggested that there exists a solid 65 percent chance the price of bitcoin falls to a bottom of $3,505. In response, cryptocurrency researcher and analyst Willy Woo explained that a 2014-like fall to the $3,000 region is unlikely, given the difference in the market structure between now and three years ago. Consolidation Period…

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Bitcoin Price Falls Below $8,500 as Upbit Under Investigation By FSC & KoFIU

Category: Bitcoin, Finance, News, Regulation

Bitcoin Price Falls Below $8,500 as Upbit Under Investigation By FSC & KoFIU

Upbit, South Korea’s largest cryptocurrency exchange platform, is currently under investigation as it is suspected of engaging in false financial reporting activities, deceiving investors in the process as the price of bitcoin breaks below $9,000. Local media outlets in South Korea also report that the exchange’s office has been raided. The latest development follows is the a series of crackdowns…

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Tom Lee Assumes Consensus 2018 Will Push Bitcoin Price to All-Time High

Category: Altcoins, Bitcoin, Business, Commentary, Finance, News

Tom Lee Assumes Consensus 2018 Will Push Bitcoin Price to All-Time High

Fundstrat’s Tom Lee has come up with yet another hunky dory prediction for cryptocurrency investors ahead of this year’s Consensus conference, scheduled to kick off on May 14, 2018, in New York City. According to Lee, Consensus will spark a new life into the market, causing bitcoin prices to undergo a sharp rise like it did last year. Record attendance…

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Billionaire Acquires 10,000 Bitcoins, Says Blockchain Is the Future

Category: Bitcoin, Blockchain, Commentary, Finance, News, Tech

Billionaire Acquires 10,000 Bitcoins, Says Blockchain Is the Future

In an interview on May 3, 2018, Wensheng Cai, a successful domain flipper and entrepreneur, told fellow entrepreneur Wang Feng, the founder of Mars Finance among a handful of other associations, that he has finally acquired 10,000 bitcoins. Achieving a Personal Target Cai is currently worth 1.5 billion dollars according to Forbes. He is also an active angel investor in Chinese…

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Largest Ever Bitcoin Short Trade ($119 Million) Closes on OKEx

Category: Bitcoin, Finance, News

Largest Ever Bitcoin Short Trade ($119 Million) Closes on OKEx

In the current gradual climb in the price of bitcoin, a trader has exited a short position worth a blistering $119 million. As bitcoin slowly regains both respectability and value with almost genteel trading over the last few weeks, previous short positions are evaporating. Although the price rise has been gradual, it was enough for the holder of a massive…

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Icelandic Tech Company Brings Silicon Valley’s Bitcoin Price Alarm to Life

Category: Bitcoin, Entertainment, Mining, News, Tech

Icelandic Tech Company Brings Silicon Valley’s Bitcoin Price Alarm to Life

American comedy series Silicon Valley which traces the journey of the life of six programmers in the San Francisco region has just inspired a new cryptocurrency price notification website. A technology company Viska has brought the bitcoin price alarm featured on an episode of the show to life. Silicon Valley’s Version In episode three of season five, one of the…

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