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BITCOIN PRICE: 8,213.85     HIGH: 8,269.99     LOW: 7,770.00

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Baltic Honeybadger 2017 • November 25-26, 2017

The Baltic Honeybadger conference is the first major event in Latvia dedicated to Bitcoin and the technologies built around it.…

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Tag: markets

Bitcoin Price Hits Fresh High Above $8200

Category: Bitcoin, News, Price Analysis

Bitcoin Price Hits Fresh High Above $8200

Bitcoin’s price has broken the $8000 handle and posted a fresh high at $8226 on November 20, opening the door to a drift toward $10,000. A short-term buy zone lies around $8030 to $8060. The short-term trading action shown below (15-min chart), shows that the market is looking to head to around $8030 to $8060 after posting a fresh high…

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Bitcoin Price Surges In Zimbabwe After Military Coup

Category: Bitcoin, Commentary, News

Bitcoin Price Surges In Zimbabwe After Military Coup

During this ongoing event, the price of bitcoin in Zimbabwe has surged to almost double the global average. Zimbabwe has not made use of their federal dollar since 2009 due to hyperinflation reducing the once-powerful currency to a near zero value. In 2015, one hundred trillion Zimbabwe dollars was worth $40. Military Coup  Zimbabwe has been in an active coup since…

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CME Proposes Limits To Temper Bitcoin’s Volatility

Category: Bitcoin, Finance, News, Regulation

CME Proposes Limits To Temper Bitcoin’s Volatility

Price volatility is perhaps the primary concern for investors in the cryptocurrency market. Looking back to at Goldman Sachs prediction, Bitcoin was soaring to all-time high nearing $7,400 on November 8 and then suddenly declined to $6,170 on November 12, according to Coinmarketcap. The signature dips and spikes of bitcoin have become the heart and soul of Hodler’s the world…

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UK Survey Highlights Anticipation of a Bitcoin Collapse in the Next Six Months

Category: Bitcoin, Finance, News

UK Survey Highlights Anticipation of a Bitcoin Collapse in the Next Six Months

It seems that nearly a third of people surveyed in the UK during November looking into Bitcoin think that the currency will collapse in the next six months due to high speculation. Bitcoin is now widely known across the globe, and albeit public awareness of the technology has reached its all-time high, confidence in this new digital currency is still…

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Brokerage Chief: Bitcoin Futures Must Be Quarantined

Category: Bitcoin, Commentary, Finance, News

Brokerage Chief: Bitcoin Futures Must Be Quarantined

Thomas Peterffy, chairman of Interactive Brokers Group, addressed an alarming open letter to the Commodity Futures Trading Commission chairman in Washington DC. The letter is a stern warning against the upcoming listing of bitcoin-based futures by CME. More specifically, he asked that any futures involving bitcoin or any cryptocurrency be kept strictly separate from other investment vehicles. His reason for…

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How Will Traders and Investors Fare Going Forward as a Cryptocurrency Civil War Gets Underway

Category: Commentary

How Will Traders and Investors Fare Going Forward as a Cryptocurrency Civil War Gets Underway

Cryptocurrency is fundamentally a form of digital money designed to be secure, counterfeit-free, trackable, quasi-anonymous, and supported by the dynamics of supply and demand without the influence of any centralized authority. Cryptocurrency essentially seeks to take economic power from governments and the traditional financial institutions to create a global economic landscape that levels the playing field for all actors. One…

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Bitcoin Price Regains $7000 After Short-term Dip to $5555

Category: Price Analysis

Bitcoin Price Regains $7000 After Short-term Dip to $5555

BTC-USD has once again displayed its resilience. Last week saw bears take grip of the market, bringing the market to a low near $5555. However, this week, the losses have been reversed almost entirely, with the price of bitcoin within grasp of the all-time high at $7888.00. The monthly chart below shows that even with such a fast and deep…

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The Rise of BitcoinCash Following SegWit2X Cancellation

Category: Bitcoin, Ethereum, Price Analysis

The Rise of BitcoinCash Following SegWit2X Cancellation

The recent cancellation of the SegWit2X update has paved the way for a bearish bitcoin market. Many began selling newly bought BTC, as claims to free BitcoinCash (BCH) were also postponed, but also scaling concerns have given BCH a new birth.  Bitcoin, BitcoinCash, & Ethereum Bitcoin’s recent rise past the $7,000 mark, has taken an equally steep dive in the…

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Analyst Predicts Great Fortunes for Overstock over Blockchain Involvement

Category: Business, Finance, News

Analyst Predicts Great Fortunes for Overstock over Blockchain Involvement

Overstock, known best for its retail division specializing in home furnishings and clothing, has reportedly dabbled in blockchain technology and cryptocurrencies over the years. In October, Overstock’s CEO Patrick Bryne announced that tZero, a subsidiary of the company, would be launching an Initial Coin Offering (ICO). A private pre-sale is scheduled to begin November 15 and last until the end…

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The ‘Satoshi Coins’ Would Make Bitcoin’s Creator One of the Wealthiest People in the World

Category: Bitcoin, Commentary, Finance, News

The ‘Satoshi Coins’ Would Make Bitcoin’s Creator One of the Wealthiest People in the World

The “pseudonym” Satoshi Nakamoto is worth more than $7 billion. Nakamoto’s potential bitcoin stake would be extremely high and would put the anonymous creator among the wealthiest people in the world. Fiat currency’s fluctuation can easily be regulated by Government and Banks. But when it comes to cryptocurrency like Bitcoin, even big Banks are in handcuffs due to the secret…

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