#bitcoin price

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

April 28, 2017 by Jamie Holmes at Bitcoin, News, Price Analysis

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...

A Bitcoin Fountain with all kinds of other currency coming out of it

Weekly Cryptocurrency Market Outlook April 17

April 17, 2017 by Jamie Holmes at Cryptocurrency Market Outlook

BTCManager's Weekly Cryptocurrency Outlook highlights the price action and technical indicators on a long-term basis to identify the best opportunities in the largest cryptocurrencies, such as bitcoin, ether, and others. BTC-USD (Bitstamp) Bitcoin has dipped below $1200 but the bullish outlook remains intact as last week's dive remained above the...

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

April 14, 2017 by Jamie Holmes at Bitcoin, News, Price Analysis

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...

Bitcoin Price Surges In Zimbabwe After Military Coup

Bitcoin Price Prediction from Notable Investor: $500,000 by 2030

April 11, 2017 by Nigel Dollentas at Bitcoin, Commentary, News

“How high will Bitcoin go?” is a question that’s been speculated since the inception of the cryptocurrency. Here’s another speculation from Jeremy Liew, the first investor in Snapchat, as well as Peter Smith, the CEO and founder of Blockchain, who claim $500,000 by 2030 is a reasonable estimation. While they...

Block Extension to Solve Bitcoin’s Scaling?: BTCManager’s Week in Review April 10

April 10, 2017 by Alex Lielacher at News, News Digest

It has been an interesting week for the bitcoin community as two new possible solutions to Bitcoin’s scalability challenge have been proposed and BTC-USD has been trending north back towards its all-time high. The price of bitcoin received a boost and peaked at $1,200 the week beginning April 4 as...

Kim DotCom Aims to Bring Bitcoin to the Masses via BitCache and MegaUpload 2.0

April 4, 2017 by Alex Lielacher at Bitcoin, Entertainment, News, Tech

Eccentric Internet entrepreneur Kim Dotcom gave his Twitter followers a first look at his new file-sharing platform that will allow users to charge a small amount of money for their uploaded for which they will receive bitcoin micropayments as payment when it is viewed. While New Zealand-based Kim Dotcom is...

Bitcoin Bears Look to Seize Control Over the Weekend

March 24, 2017 by Jamie Holmes at Price Analysis

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,...

Bitcoin Price Dips Below $1000, Sentiment Dampens on Hard Fork Concerns

March 19, 2017 by Jamie Holmes at Bitcoin, Commentary, News, Price Analysis

BTC-USD dipped below $1000 to a five-week low, temporarily trading below $975, the low in the market following the COIN ETF’s disapproval. Two factors which precipitated the panic in markets are the possibility of a split in the network due to the standoff between Bitcoin Core and a substantial proportion...

Ether Cements Second Place: BTCManager’s Week in Review March 13

March 13, 2017 by Jamie Holmes at News, News Digest

The Bitcoin ETF, COIN, was denied on March 10 by the SEC, sending crypto markets into a frenzy. Altcoins across the board initially fell sharply in value only to rebound as BTC-USD made a remarkable recovery, ending the week around $20 lower than where it started. Ether cemented its place...

A Single Bitcoin Surpasses the Price of One Ounce of Gold

March 2, 2017 by Nigel Dollentas at Bitcoin, Commentary, News

For the first time in bitcoin’s price history, one bitcoin had exceeded the value of an ounce of gold, an asset that is often compared to the cryptocurrency. Trading at $1260 at the time of writing, it is also a new all-time high for bitcoin as well. Is it time...

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