ether

Ethereum and Bitcoin Price Decline Again – Major Factors For Mid-Term Recovery

Ethereum and Bitcoin Price Decline Again – Major Factors For Mid-Term Recovery The price of Ethereum and bitcoin have declined in the past two days, with the bitcoin price struggling to rebound beyond the $5,700 mark and the price of Ether dipping below the $300 region again. Although the price of bitcoin has increased since plunging to $5,300 prior to the Bitcoin Gold hard fork, over the past 24 hours, the price of bitcoin declined from $5,767 to $5,680. Like…

Read More

Bitcoin Price Storms to $5,955 as Bitcoin Gold Fizzles

Bitcoin Price Storms to $5,955 as Bitcoin Gold Fizzles The crypto markets experienced a moderate recovery on Thursday, as the bitcoin price began to recover from the dip that it entered following the Bitcoin Gold hard fork. Many altcoins achieved slight price bumps as well, enabling the total cryptocurrency market cap to rise above the $172 billion mark. Chart from CoinMarketCap Early in the day, it appeared that the markets were heading south, continuing their movement from the previous day.…

Read More

Managing Enormous Risk – Bitcoin and Altcoin Investment Strategies

Managing Enormous Risk – Bitcoin and Altcoin Investment Strategies While some have made millions investing in digital currencies, others would call it degenerate gambling. If you’re reading this, then you know how exciting and unpredictable the crypto world is. Fortunes are built and demolished in seconds, new and exciting technology pops up every day, and controversy rules the land. It’s pretty much the Wild West of finance. The unprecedented growth of cryptocurrencies has attracted investors from all walks of life,…

Read More

Bitcoin breaks above $6,000, and $100 billion in value for the first time in its history

Bitcoin breaks above $6,000, and $100 billion in value for the first time in its history The world’s most prominent digital currency was on track to mark a fresh milestone on Friday, with bitcoin rallying and putting the cyber currency in position to hit a total market value of around $100 billion. Such a valuation would place the No. 1 cryptographic currency above or on par with blue-chip companies on the Dow Jones Industrial Average DJIA, +0.71% like United Technologies…

Read More

Bitcoin Price Bounces Back, Crypto Markets Recover to $170 Billion

Bitcoin Price Bounces Back, Crypto Markets Recover to $170 Billion The crypto markets bounced back on Thursday following a significant contraction the previous day. The bitcoin price led the charge, rising more than 6% to put the $5,700 barrier within its sights, while the ethereum price ticked up 3% to $309. Unfortunately, the recovery was not comprehensive, and some cryptocurrencies — including ripple — continued to decline. Chart from CoinMarketCap The downturn forced the total cryptocurrency market cap as far…

Read More

Why Silicon Valley is going gaga for Bitcoin

Why Silicon Valley is going gaga for Bitcoin Cryptocurrencies are on a historic tear right now. And Silicon Valley’s infatuation with the industry explains a lot about itself. Should I buy bitcoin? As a technology reporter, the questions I receive from random people at birthday parties, say, or seatmates on a plane, are usually emblematic of what is going on in the digital world. (And, increasingly, the real one, too, for that matter.) Not too long ago, the predominant question…

Read More

Bitcoin gets official blessing in Japan

Bitcoin gets official blessing in Japan The broader fintech sector is struggling even as cryptocurrencies take off Entrepreneurs do not often welcome regulation. For Japanese cryptocurrency start-ups, however, a framework put in place by the country’s financial authorities has been a boon. Rules announced this year by the Financial Services Agency allow people to pay for goods and services with bitcoin and require cryptocurrency exchanges or remittance operators to be licensed and subject to annual audits. These have given bitcoin…

Read More

Bitcoin Wallet Blockchain: ‘Buy Some Ether’ to Make Transactions After SegWit2x

Bitcoin Wallet Blockchain: ‘Buy Some Ether’ to Make Transactions After SegWit2x Crypto wallet Blockchain has announced its intention to join with Xapo in following the blockchain with the most accumulated difficulty following the proposed SegWit2x. The wallet service advised its users to “buy some ether” if they intend to make transactions immediately following the fork.   Blockchain Wallet to Follow Chain With Most Difficulty In mid-November, the Bitcoin blockchain is expected to split into two, competing chains following SegWit2x, a…

Read More

Bitcoin heading over $10,000 in six to 10 months, former Fortress hedge fund manager says

Bitcoin heading over $10,000 in six to 10 months, former Fortress hedge fund manager says Bitcoin has surged this year, up to $4874 on Tuesday, and Michael Novogratz sees it heading over $10,000. Novogratz is starting a $500 million fund to invest in cryptocurrencies, initial coin offerings and related companies. Although he says digital currencies like bitcoin show signs of forming a bubble, former hedge fund manager Michael Novogratz is going all-in. The former Fortress Investment Group manager says he's…

Read More

Analysis of Bitcoin, Ethereum, and Litecoin

Analysis of Bitcoin, Ethereum, and Litecoin * All the market data is provided by the HitBTC exchange.   The cryptocurrency universe is showing nervousness at the current levels, having recovered anywhere between 50% to 78% of the fall. After having sucked in the eager bulls at lower levels, is a retest of the lows on the cards? What should be the future plan of action? To hold out or sell now? Let’s uncover the possibilities In our previous analysis, we…

Read More