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Bitcoin, Ethereum, Ripple, Monero Prices Surge–Is The Train Leaving The Station Again

April J, 2018

Bitcoin, Ethereum, Ripple, Monero Prices Surge–Is The Train Leaving The Station Again Shaking off a host of negative news, major cryptocurrencies like Bitcoin, Ethereum, Ripple and Monero continued to surge recently. Bitcoin is up 2.05% over the last 24 hours and 17.53% over the last seven days, Ethereum is up 1.95% and 21.74% over the same periods, while Ripple and Monero registered even higher gains—see table 1. Table 1 7d Price Change For Major Cryptocurrencies Cryptocurrency %24h %7d Bitcoin…

HODL On – In Defense of Bitcoin’s Best Investment Strategy

April J, 2018

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HODL On – In Defense of Bitcoin's Best Investment Strategy In 1987's Black Monday stock market crash, Sam Walton, the world's richest man, lost more than half a billion dollars in a few hours. When reached for comment, Walton said, "It's paper anyway. As far as I'm concerned we're focusing totally on the company doing well and taking care of our customers." He didn't care about dollars; he cared about his asset Wal-Mart, and he still owned that. History of…

A Bullish Sign Returns For Bitcoin, Ethereum, Ripple, EOS, And Other Cryptocurrencies

April J, 2018

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A Bullish Sign Returns For Bitcoin, Ethereum, Ripple, EOS, And Other Cryptocurrencies Major cryptocurrencies like Bitcoin, Ethereum, Ripple and EOS have been on fire lately. Over the last seven days, Bitcoin is up 21.80%, Ethereum is up 39.36%, Ripple is up 40.89% and EOS 51.84%–see table 1. Table 1 7d Price Change For Major Cryptocurrencies Cryptocurrency %7d Bitcoin 21.80 Ethereum 39.36 Ripple 40.89 EOS 51.84 Source: Coinmarketcap.com 4/13/18 at 10:30 a.m. The cryptocurrency rally extends across the entire chain.…

Gemini to Roll Out Bitcoin and Ether Block Trading

April J, 2018

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Gemini to Roll Out Bitcoin and Ether Block Trading Cryptocurrency exchange Gemini said Monday that it will roll out block trading for bitcoin and ether starting later this week. The feature – which will allow customers to make high-volume trades that won't appear in the exchange's order book until they've been filled – will go live at 9:30 a.m. ET on Thursday, Gemini explained in a blog post. There's a minimum threshold of 10 bitcoin or 100 ether for the…

Bitcoin tide favoring bears and the coming April 17 brings really bad news

April J, 2018

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Bitcoin tide favoring bears and the coming April 17 brings really bad news If you noticed lately, Bitcoin (BTC), the leading cryptocurrency, has been stuck below $7000. As of Friday, it was in the $6,600 range, dangerously close to the $6,400 when the market ‘bears’ bet the crypto is on a downward path. What’s worse is that the US tax season is upon us, and every Bitcoin holder living in America is taxed on their capital gains, and they will…

Crypto Week in Review – Bitcoin, Ethereum, Verge, Litecoin, Bitcoin Cash and Ripple Struggle

April J, 2018

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Crypto Week in Review – Bitcoin, Ethereum, Verge, Litecoin, Bitcoin Cash and Ripple Struggle It has certainly been an up-and-down week for cryptocurrencies. Things started out relatively peaceful when allegations arose that the currency had somehow dominated its incoming “death cross,” and that the slump users had been witnessing over the past several days may be coming to end. This seemed to hold true when Bitcoin rose from $6,900 to $7,100 – a $200 jump from where it had long…

Your bank will not allow you to buy bitcoins anymore

April J, 2018

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Your bank will not allow you to buy bitcoins anymore You will not be able to buy cryptocurrency via banks or e-wallets etc. in India anymore as the Reserve Bank of India (RBI) has banned them with immediate effect from "dealing with or providing services to any individuals or business entities dealing with or settling virtual currencies". RBI, while announcing its first bi-monthly monetary policy for the FY 2018-19, has announced that any entity regulated by them such as banks,…

Acid Test – Bitcoin Must Break $7,800 for Bull Reversal

April J, 2018

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Acid Test – Bitcoin Must Break $7,800 for Bull Reversal Bitcoin (BTC) continues to mount a recovery despite the recent bearish "death cross" chart event. As of writing, bitcoin is changing hands at $7,400 on Bitfinex and the average price on leading exchanges, as represented by CoinDesk's Bitcoin Price Index, is seen at $7,380. The cryptocurrency's 15-percent rally from the 54-day low of $6,425 set on April 1 is encouraging and pretty much in line with the historical relative strength…

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS – Price Analysis, April 02

April J, 2018

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Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS – Price Analysis, April 02 The Chinese ban on cryptocurrency trading, the possibility of a similar ruling in South Korea and the fear of regulations around the globe were some of the reasons that started the current decline. However, with the election of Yi Gang as the head of People’s Bank of China (PBoC), the country’s central bank, some market experts believe that the Chinese ban on cryptocurrency trading might…

Despite Bitcoin’s ‘Sell-Off’ The Cryptocurrency Space Continues To Attract Investors

April J, 2018

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Despite Bitcoin's 'Sell-Off' The Cryptocurrency Space Continues To Attract Investors Volatility, volatility, volatility. Traders certainly love it. But the volatility witnessed of late among many leading cryptocurrencies – including the ‘Big Daddy’ of them all in the shape of Bitcoin as well as Ethereum – has been a "double-edged sword" according to some pundits. Price swings can occur dramatically and result in big profits, should you catch it right. Equally, significant losses can be sustained should your timing be all…