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BITCOIN PRICE: 6,132.99     HIGH: 6,265.55     LOW: 5,780.00

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Tag: markets

Jim Chanos is Not a Fan of Bitcoin: Here’s Why

Category: Bitcoin, Commentary, Finance, News

Jim Chanos is Not a Fan of Bitcoin: Here’s Why

Renowned stock market short selling guru Jim Chanos is of the opinion that bitcoin would fail in the event of crisis or instability because the digital infrastructure involved in its use would be impractical. Jim Chanos. Source: CNN Chanos, who achieved fame and notoriety at the turn of the millennium for being the Wall Street analyst who made millions by…

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Exclusive: CoinGecko’s TM Lee Talks Evaluation, Malaysian Crypto Scene, and Interoperability between Blockchains

Category: Altcoins, Bitcoin, Commentary, Interviews, News

Exclusive: CoinGecko’s TM Lee Talks Evaluation, Malaysian Crypto Scene, and Interoperability between Blockchains

CoinGecko has emerged as a solid alternative to the information hungry crypto sphere. Naturally, many are already familiar with first mover CoinMarketCap, but TM Lee’s project offers a broader suite of diagnostics. The traditional offering of market capitalization, liquidity, and price are all on display, but in the following interview, Lee outlines why the inclusion of things like developer, community,…

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Binance Labs Head Thinks that Cryptocurrency Bubble Will Burst Soon, Giving Rise to “Truly Good Projects”

Category: Altcoins, Bitcoin, Commentary, News

Binance Labs Head Thinks that Cryptocurrency Bubble Will Burst Soon, Giving Rise to “Truly Good Projects”

While Binance made ripples in the cryptocurrency sector after unveiling its $1 billion fund plans, the head of Binance Labs, Ella Zhang, does not hold an optimistic outlook of the infamously volatile market. Bubble Bursting is a “Good Thing” Zhang joined the exchange platform’s venture incubator Binance Labs in March 2018, to lead the project. However, Zhang believes that the…

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BitTube Gains Recognition as the Altcoin is Added to Bittrex and Upbit

Category: Altcoins, Entertainment, Finance, News

BitTube Gains Recognition as the Altcoin is Added to Bittrex and Upbit

BitTube (TUBE), formerly known as IPBC, has gained wider recognition and the altcoin has been added to favorite cryptocurrency exchanges Bittrex and Upbit on June 5, 2018. BTCManager first covered IPBC (now known as BitTube) in early April 2018, and the cryptocurrency has made substantial progress in just a couple of months, including exchange listings and a better user experience…

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Ripple CEO: Altcoins to Soon Decouple from Bitcoin’s Price Gyrations

Category: Altcoins, Bitcoin, Commentary, News

Ripple CEO: Altcoins to Soon Decouple from Bitcoin’s Price Gyrations

The cryptocurrency sector attracts a lot of mainstream media attention due to monumental investment returns, with much of the price movements attributed to bitcoin. But, the CEO of Ripple, Brad Garlinghouse, believes that this phenomenon could soon end, and cryptocurrencies may decouple from bitcoin’s price action before the end of 2018. Market to Soon Decouple From Bitcoin Garlinghouse refers to…

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John McAfee Believes Bitcoin will Hit $15,000 Before June 12

Category: Altcoins, Bitcoin, Commentary, News

John McAfee Believes Bitcoin will Hit $15,000 Before June 12

John McAfee tweeted yet another one of his hot bitcoin price predictions, along with an outlook for other cryptocurrencies, on May 24 and May 27 respectively. In the tweet, he expressed his belief that bitcoin would breach $15,000 in June 2018 before dipping in July. He has also made predictions for five more cryptocurrencies recently. According to his Twitter, McAfee…

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EOS Accused Of Ethereum (ETH) Price Manipulation Ahead Of Mainnet Launch

Category: Altcoins, Ethereum, Finance, News

EOS Accused Of Ethereum (ETH) Price Manipulation Ahead Of Mainnet Launch

On May 27, 2018, a Reddit user TraderJoeSmo on the r/Ethtrader subreddit raised the alarm about a suspected artificial lowering of the market value of ETH by a competitor cryptocurrency, EOS. A few hundred comments later, it was evident that EOS had indeed contributed in some way to fuelling the ongoing downward trend of the price of ether. EOS Background…

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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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How eToro’s Trading Platform Helps Cryptocurrency Investors Make Better Investment Decisions

Category: Altcoins, Bitcoin, Business, Finance, News

How eToro’s Trading Platform Helps Cryptocurrency Investors Make Better Investment Decisions

Online trading and brokerage company eToro provides some features for its customers aimed at helping users acclimate to the platform and then use its several tools to make money. The company began in 2007 as an online trading platform and is now offering services aimed at cryptocurrency investors and traders. Lena Birse, for instance, said that while she had no…

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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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