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Bitcoin Hovers Near $8,000 Level as Investors Weigh Twitter Ban

March J, 2018
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Bitcoin Hovers Near $8,000 Level as Investors Weigh Twitter Ban Bitcoin swung between gains and losses near the $8,000 level, paring an earlier rebound, as investors digested the decision by Twitter Inc. to ban advertisements for initial coin offerings and token sales on its service. The largest cryptocurrency traded flat at $7,847.87 as of 11 a.m. in Hong Kong, according to consolidated Bloomberg pricing. The digital currency had earlier jumped as much as 4.8 percent, reversing an overnight decline that…

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Bitcoin Cash Price Weekly Analysis – BCH/USD Remains at Risk

March J, 2018
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Bitcoin Cash Price Weekly Analysis – BCH/USD Remains at Risk Key Points Bitcoin cash price struggled to recover and moved below the $950 level against the US Dollar. There is a crucial bearish trend line forming with resistance at $975 on the 4-hours chart of the BCH/USD pair (data feed from SimpleFX). The pair remains at a risk of more declines and it could even break the last low of $867 in the near term. Bitcoin cash price is under…

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A decade from now, bitcoin is more likely to be $100 than $100,000, Harvard economist says

March J, 2018
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A decade from now, bitcoin is more likely to be $100 than $100,000, Harvard economist says The likelihood of bitcoin falling to $100 was greater than that of the digital currency rising to $100,000 a decade from now, Harvard economist Kenneth Rogoff said. Regulation would be a trigger for the move lower in prices, Rogoff said, although he acknowledged that it would not be an overnight development. The likelihood of bitcoin prices falling to $100 is greater than that of…

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Trader Takes a Risk With Bitcoin, Becomes Cryptocurrency Billionaire

February J, 2018
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Trader Takes a Risk With Bitcoin, Becomes Cryptocurrency Billionaire A mysterious investor who had recently purchased astonishing $400 million in bitcoin has just become a cryptocurrency billionaire. Earlier this year, Bitcoin investors pressed the panic button when the cryptocurrency saw as much as 50 percent of the market lost amidst fears of growing regulations within the community. Taking advantage of the collapse Bitcoin experienced over the first two months of 2018, the unnamed trader with the Bitcoin address 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64 purchased…

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Bitcoin SUCCESS sees Australia pledge creation of price stable gold-backed cryptocurrency

January J, 2018
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Bitcoin SUCCESS sees Australia pledge creation of price stable gold-backed cryptocurrency A NEW cryptocurrency backed by gold is set to be made by Australia’s largest gold refinery after the Chief Executive announced plans to increase investment in the country’s metals. Perth Mint have said they are hoping to capitalise on the rise the trading of digital currencies as a way to help increase interest in investing in Australia. A number of cryptocurrencies have risen in popularity over the past 12…

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Changes in European regulations may impact Bitcoin

August J, 2017
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Changes in European regulations may impact Bitcoin Some researches were stating that nearly a half of the bitcoin transaction is somehow related to various gambling activities. The reasons behind this are quite simple, the bitcoin provides a greater anonymity for the players and low transaction costs. However, the popularity of the bitcoin in the iGaming sector seem to become even greater this year. Considering the fact that Poland, the Netherlands, Czech Republic and a few other major European markets are…

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