bitcoin

Bitcoin is no long the only game in crypto-currency town

Bitcoin is no long the only game in crypto-currency town IT STARTED as a joke. Dogecoin was launched in 2013 as a bitcoin parody, using as its mascot a Japanese shiba inu dog, a popular internet meme. The crypto-currency was never really used, except for tipping online, and one of its founders has called it quits. But recently its price has soared: on January 7th the dollar value of all Dogecoins in circulation reached $2bn, a sign of how crazy…

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Bitcoin Price Technical Analysis for 10th January – Small Reversal Signal

Bitcoin Price Technical Analysis for 01/10/2018 – Small Reversal Signal Bitcoin Price Key Highlights Bitcoin price appears ready for another selloff as price has formed a head and shoulders pattern on the 1-hour chart. Price has yet to break below the neckline around the $14,000 major psychological support. The chart pattern is approximately $3,000 tall so the resulting drop could be of the same height. Bitcoin price is forming yet another selloff signal on a short-term time frame, but technical…

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Bitcoin drops below $15,000 as regulation, demand concerns linger

Bitcoin drops below $15,000 as regulation, demand concerns linger Bitcoin slumped, dragging down smaller rivals such as ether and litecoin, as concerns that regulators will tighten their grip on the market weigh on the world's largest cryptocurrency. Regulators in China and South Korea are increasing oversight on cryptocurrency trading and mining, while the US Securities and Exchange Commission late last year started cracking down on some digital token sales, known as ICOs. Coinmarketcap.com's decision to exclude Korean pricing data for…

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Why African millennials can’t get enough of Bitcoin

Why African millennials can't get enough of Bitcoin Bitcoin's eye-watering price surge over the past year is proving too tempting to resist despite fears that cryptocurrencies are a bubble floating towards an inevtitable burst. One group for whom it holds particular appeal is African millenials, writes the BBC's Catherine Byaruhanga. Thirty year-old Peace Akware in Kampala is a convert to the crytocurrency craze. Like any self-respecting middle class millennial here her smartphone is always within reach and with it her…

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If the NYSE has its way, a risky leveraged ETF which doubles the return of bitcoin could soon hit the market

If the NYSE has its way, a risky leveraged ETF which doubles the return of bitcoin could soon hit the market The New York Stock Exchange has asked SEC regulators to list five exchange-traded funds that track bitcoin futures on one of its markets. The ETFs are short-term investment vehicles designed to multiply returns in the cryptocurrency market, the SEC filing said. The NYSE has already issued several bitcoin-related filings to the SEC. An improvised message tells passersby to "buy…

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Five predictions for digital currencies in 2018 — including stomach-churning drops, bitcoin-related IPO

Five predictions for digital currencies in 2018 — including stomach-churning drops, bitcoin-related IPO   More institutions will get into cryptocurrencies this year, analysts say. They expect more regulation and bitcoin's price to drop, before recovering. Stock investors may also get a chance to invest in a digital currency-related IPO. After the bitcoin craze rose to a near-fever pitch in the last several weeks of 2017, several investors and analysts in the space see more growing pains for cryptocurrencies this year.…

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BITCOIN PRICE – LIVE UPDATES: CRYPTOCURRENCY VALUE RECOVERING AFTER HEAVY RECENT SLUMPS

BITCOIN PRICE – LIVE UPDATES: CRYPTOCURRENCY VALUE RECOVERING AFTER HEAVY RECENT SLUMPS The value of bitcoin appears to be recovering after a tumultuous period for the cryptocurrency. After hitting a new record high when it passed the $19,850 mark in mid-December, it tumbled rapidly, falling to below $12,000 within days. It has been constantly rising and falling ever since, and is worth $14,932 as of Wednesday afternoon UK time, according to the Coinbase exchange. That’s a significant improvement on yesterday,…

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Record-breaking 2017 Brought Bitcoin, Altcoins Drastically Increased Mainstream Acceptanc

Record-breaking 2017 Brought Bitcoin, Altcoins Drastically Increased Mainstream Acceptance As non-profit cryptocurrency research institution CoinCenter’s Neeraj K. Agrawal wrote, 2017 was the year in which Bitcoin and cryptocurrencies went mainstream. Wall Street Numerous major financial institutions have integrated support for Bitcoin, with elite investment banks like Goldman Sachs contemplating the creation of Bitcoin trading desks in 2018. The Chicago Board Options Exchange (Cboe) and CME Group, the two largest futures exchanges in the world, successfully launched Bitcoin futures trading last…

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Bitcoin Alternatives – Ethereum Vs Litecoin Vs Verge Vs Ripple Vs Zcash

Bitcoin Alternatives – Ethereum Vs Litecoin Vs Verge Vs Ripple Vs Zcash After bitcoin, ripple is one of the largest cryptocurrencies by market capitalization The bitcoin prices may have stabilized but, they still hover around $13,000, a price far too high for a lot of potential investors. The exorbitant price of bitcoins dissuaded hundreds of thousands of potential investors who missed the 2017 rally. The bitcoin prices had jumped in the last month of 2017 in run up to the…

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Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash, Monero: Price Analysis, Dec. 30

Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash, Monero: Price Analysis, Dec. 30 Cryptocurrencies have generated wealth for the traders like no other asset class. While Bitcoin has garnered most of the attention, it is not the only one to have risen in 2017. There have been scores of winners. Ethereum was the second leading currencies aiming to overtake Bitcoin as the dominant leader of the year; it could never really achieve the feat. However, within the past two weeks,…

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