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BITCOIN PRICE: 8,888.83     HIGH: 9,036.52     LOW: 8,760.00

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Tag: bitcoin trading

New Report Indicates Bitcoin’s Beginnings were Inspired by Bots

Category: Bitcoin, Finance, News

New Report Indicates Bitcoin’s Beginnings were Inspired by Bots

Independent researchers have found that the initial price spike that took Bitcoin from $150 to $1,000 in 2013 was not caused by legitimate trades, but by bots. Market Response In a research paper entitled “Price Manipulation in the Bitcoin Ecosystem” compiled by Jt Hamrick, Tali Oberman, Tyler Moore and Neil Gandal, it was revealed that Bitcoin’s beginnings were primarily influenced…

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BTC-USD Breaching $600 Handle, $700 Within Reach?

Category: Bitcoin, News, Price Analysis

BTC-USD Breaching $600 Handle, $700 Within Reach?

After relatively muted trading over the past few days, BTC-USD has jumped close to the critical $600 psychological level in today’s trading session. The reversal initially started on Friday following weak economic data from the US, which negatively impacted sentiment toward the US Dollar. The Non-Farm Payrolls showed 151,000 job additions versus a forecast of 180,000. BTC-USD was able to…

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