Bitcoin price is showing resilience in the face of adversity. The latest bad news has failed to knock BTC to the floor. So is there a bull run ahead?
Do you shop frequently at Sephora? Lululemon? Walmart? If you do, a new in-browser app has emerged and wants to give you Bitcoin (BTC). CoinDesk just reported that the app called Lolli just added Sephora to their list of retailers.
Bitcoin (BTC) made a rather dramatic comeback just 48 hours ago. At press time, the world’s first digital currency is currently trading above $4,300. The entire crypto community is buzzing, as most altcoins have followed BTC’s upward movements.
Talk of the crypto-town is Bitcoin’s massive fall from grace. It seemed to be holding steady at around $6,300/$6,400 for most of October, but now it’s holding on for dear life. Mid-November saw the coin drop unprecedentedly. It began crashing and continues to today.
Bitcoin has hit its lowest level again this year. Is it the beginning of the end for Bitcoin? I bet that question has been asked many times over in 2018.
Bitcoin Price – Bitcoin (BTC) is having a phenomenal 24 hours on the market; a bull run we haven’t seen from the digital currency in months.
You gotta love the believers. TenX’s co-founder Julian Hosp is definitely bullish about market leader BTC with his prediction for the second half of 2018. At the RISE tech conference in Hong Kong the crypto wallet and card start-up founder said to CNBC:
Bitcoin (BTC) will eventually die: Nobel Prize-winning economist Robert Shiller gave interesting but pessimistic remarks which shatter Bitcoin’s price fundamentals. The Bitcoin price bull-run seems to have paused after increasing skepticism from economist and technical analysts; they continue revealing bearish outlooks for Bitcoin in both the short and the long-run.
Joe Davis; Vanguard economist believes that Bitcoin price (BTC) will crash to zero, and it will never emerge as reliable currency.
Ethereum (ETH), and Bitcoin Cash could outplace Bitcoin (BTC) soon due to their superior technology and higher adaptations. Roger Ver – who has earned the moniker “Bitcoin Jesus” for his advocacy of Bitcoin from the early years, believes that Bitcoin could lose its leading position in the cryptocurrency sphere.
Bitcoin continued on its bull run from earlier this week and managed to return to the pivotal $9,000 level this morning. For the past two days, BTC/USD retracted about 30% of the recent price drop from a high of $11,660 (March 5).
Toward the end of last week, Bitcoin price rallied back to the $8,500 level, and although it slid below $8,000 over the weekend, the coin managed to return to $8,500 on Monday morning.
This week, Bitcoin price saw a continuous decline thanks to multiple new developments in the industry that could spell tighter rules against cryptocurrencies. This was highlighted by Google’s proposed ban on crypto advertising on its platform, similar to the restrictions set by Facebook in January that took the coin’s price down by 12%.
This week didn’t start off on the high for Bitcoin price (BTC) and its future fundamentals; BTC price is steadily moving downhill after hitting $11,500 during the weekend and in early trading on Monday. The downward trend was due to lower volume – which is a frustrating sign for bulls.
Bitcoin Price (BTC) extended an upward trend with small sideways movements over the last month; the price has been steadily moving higher despite strong concerns from regulators. Harsh remarks from market makers and warnings for the immediate price crash didn’t impact cryptocurrency mania.
This morning, Bitcoin price surpassed the $11,500 level, showing signs of strength as it approaches its next target of $12,000. The coin traded at a high of $11,700 during the day.
Bitcoin (BTC) price jumped substantially last month after finding support around $6,000 in early February; the solid Bull Run in prices was supported by lower than expected regulatory actions from the U.S. and South Korean authorities.
Major hedge fund managers and central banks all around the globe had refused to believe in bitcoin (BTC) as currency or medium of exchange – which was part of the reason bitcoin price dipped from $19,000 to $6,000 in less than one month.
Bitcoin Soars 80%: Bitcoin (BTC) price has been on a rollercoaster over the last couple of months.The lack of underlying value and unpredictable nature of digital currencies continues to stun investors with massive sideways movements.
Bitcoin (BTC) has almost hit the résistance level of $10,000 in today’s trading. The market trends are steadily moving in favor of bulls following a horrible crash in the last couple of weeks.
If you’re new to cryptocurrency, you have probably spent the last couple of hours being ruthlessly inundated with a whole new dictionary of terms: ‘Blockchain’, ‘Forking’, ‘Mining’… you’ve probably also visited half a dozen forums with the aim of getting a firm hold on exactly what these terms mean, and have come away more confused than when you started. This article is a real, from-the-ground-up, back-to-basics explanation of one particular term: Forking. But first, let’s get the fundamentals down before we discuss a bitcoin fork.
At this point, it’s fair to say the cryptocurrency industry is constantly evolving. Over the course of the past couple of months, we have seen a number of countries roll out new uses for virtual currencies. In Canada, for instance, individuals can now use Bitcoin to purchase meals from KFC. In Australia, travelers will soon be able to purchase items using Bitcoin in the Brisbane Airport. Now, we’ve been informed that luxury flats in Dubai can be purchased with the virtual currency. In fact, there have already been 50 flats sold in Dubai for Bitcoin.
Bitcoin predictions: Cryptocurrencies have been stabilizing over the past three days – something rather unprecedented. Markets had witnessed Bitcoin’s upside volatility last year but found it equally volatile on the downside; the slump from $19,000 to less than $6,000 in last month alone vindicated the instability for both trends.
Bitcoin prediction: It’s been the roughest week yet for cryptocurrencies as the price of Bitcoin sank to just over $6000 – its lowest since November. This, coupled with regulatory fears and ICO scams, has led to increasingly bearish sentiments towards the cryptocurrency market in general. It has lost $340 billion USD since the start of the year. So it’s great news for investors today, as the price of Bitcoin unexpectedly soared 11.4% – over $800 USD – from last night’s low, at 3:30 pm EST this afternoon (the time of writing). But the even bigger news is that analysts are predicting Bitcoin to hit $50K this year.
This morning, BTC price fell just below the $6,000 mark, but it rebounded soon after and even rose to a daily high of $7,418.89. Currently, it is trading at about $6,996.27 as of 1PM EST.
Bitcoin value halves in the first month of 2018. Despite an incredible 2017, this January has been the worst month for Bitcoin. Bulls provided a lot of support to Bitcoin (BTC) price by presenting different theories and hypothesis that it is becoming a million dollar investment, ultimately though, bears controlled the price since the start of this year.
Bitcoin (BTC) price grew in the second half of 2017. The digital currency peaked above $19,000 at the end of last year but, lost nearly half of its value in the new few weeks. Bitcoin continues to trade in a narrow range over the last two weeks is currently trading around the $11,000 mark. Traders blame the lack of regulation for the huge plunge in prices, however, they are ignoring the growth in bitcoin miners and the decline in the cost of production.
The crypto market is in a shambles the past couple of weeks as swathes of governmental regulations give investors cold feet. After last weekend failed to reinvigorate the market, many enthusiasts will be wondering where to look for some positive news. It may be on the way…