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1000, 30000, bitcoin, price -

The game isn’t over for Bitcoin yet. And neither is its price volatility, which divides cryptocurrency experts on where bitcoin price is heading next.  On one side is the bullish camp, which argues that Bitcoin is still in an uptrend, betting that it will eventually reach $30,000. Marshall Taplits, Chief Strategy Officer for NYNJA, is one of them. “Speculation on price is always difficult, says Taplits. “However, the trend for Bitcoin is clear - UP, going to about $20,000 USD from zero in 10 years.  Each time Bitcoin corrects, the media wrenches.  However, anyone who has been watching crypto currency...

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30000, bitcoin, dip, expert, prediction, price -

Bitcoin has been on a gradual decline, but one expert sees it as the calm before a huge rally. The world’s largest cryptocurrency dropped to reach close to the $8,000 mark for one token on Monday, around three months after it enjoyed peaks of over $17,000 and following a series of ad rule changes from social networks. Analysis suggests Bitcoin could be in store to reach peaks of $30,000 before the end of the year. The intervention comes at a cold time for Bitcoin, which has spent most of March wavering around the $9,000 mark. David Drake, chairman and founder...

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9000, bitcoin, breakout, bull, bullish, climb, cryptocurrency, market, price -

The price of bitcoin, the most dominant cryptocurrency in the global market, has recovered beyond the $9,000 for the first time since March 14, exactly a week ago. Short-Term RecoveryIt is still quite early to determine whether bitcoin and other cryptocurrencies will be able to sustain the current momentum in the upcoming weeks. While bitcoin has rebounded over the past few days, it has only recovered from its price drop that occurred in mid-March. Two weeks ago, the price of bitcoin peaked at $11,600, and the cryptocurrency is still $2,600 away from reaching its monthly high. Last month, the price...

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hands, prediction, price, ripple, weak, xrp -

Ripple News Update As pessimism grows in the cryptocurrency market, weak hands continue to offload XRP to strong hands. What do I mean? Well, “strong hands” represent the smart money, the people who move one step ahead of the crowd. By comparison, “weak hands” represent those who buy at the peak of the market peak. They are the dumb money, for lack of a better term. Your brain might instinctively associate bull markets with strong hands. But don’t trust that instinct. It’s lying to you.   Sponsored Strong hands invest during bear markets, precisely because assets trade cheap. They hold...

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bitcoin, grow, prediction, price -

A wall street analyst has created his own Bitcoin ‘misery index’ that measures the amount of discontent amongst Bitcoin investors and even predicts a price rise. Thomas Lee, co founder of Fundstrat, is a wall street analyst and has focused his attention on creating tools to describe and predict the Bitcoin price. Thomas has created a misery index that quantifies the amount of discontent amongst Bitcoin investors and it is scaled between 0 and 100. The misery index is currently at 18.8 which is the lowest it has ever been since August 2011. The index has been backtracked so that it can be...

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bitcoin, btc, mtgox, price, surge -

Over the past several days Bitcoin has experienced a large drop in value. The entire market has followed this trend, with Ethereum, Bitcoin Cash, and Ripple all declining by similar margins. Analysts have attributed the recent fall to a massive sell-off of almost 40,000 Bitcoin by a Mt. Gox trustee.   Sponsored Mt. Gox Sell-off Tokyo-based cryptocurrency exchange Mt. Gox was formed in 2010, and just four years later was responsible for over 70% of all Bitcoin transactions worldwide. Unfortunately, in 2014 the exchange closed down and filed for bankruptcy following the theft of approximately 850,000 Bitcoin. The problem today...

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9000, altcoins, bitcoin, bitcoin cash, price -

Bitcoin (BTC)’s price dropped below $9,000, dropping to $8,539 on Friday, March 9, according to data from CoinMarketCap. At press time, Bitcoin is trading at an average of $8,809, down 9 percent on the day.   Sponsored After hitting a weekly high of $11,675 on March 5, Bitcoin started dropping, losing almost 27 percent to today’s lows. To compare with yesterday's downturn of 4-6 percent losses across top cryptocurrencies, today losses among top-10 altcoins on CoinMarketCap reached up to 16 percent. Image source: coin360.io Total market capitalization for all cryptocurrencies hit a monthly low of $344 bln today, currently at $358 bln. Among the top ten altcoins in...

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grow, prediction, price, ripple, swift, xrp -

Although Ripple prices are enmeshed in the market-wide cryptocurrency slump, shrewd investors might have noticed a positive signal buried amid the noise. What am I talking about? Well, there was a report that SWIFT, Ripple’s main rival, is talking up its efforts in distributed ledger technology (DLT). For the uninitiated, DLT is the core innovation underlying Bitcoin, Ripple, Ethereum…basically, all the cryptocurrencies in existence.   Sponsored Ripple wants to disrupt SWIFT by using these distributed ledger innovations. That’s why it is comical to see SWIFT claiming proficiency in DLT. It’s not their strong suit! The mere fact they are broadcasting their...

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behind, bitcoin, bitcoin cash, price, spike -

Over the past week, bitcoin has seen its price spike over 12.5% to around the $11,500 level clearly outshining other major cryptos.  Is this a coincidence or is there something more important going on.  If this action had occurred last summer, the explanation would have been that bitcoin was just part of the unquenchable thirst of the public to own cryptocurrency. But these days, we believe that lots of the purely speculative phase is behind and that fundamentals will play a more important role moving forward.  The recent bitcoin action provides some support for this theory. Last week’s announcement by...

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ada, cardano, future, increase, plans, price -

Cardano price is experiencing a bearish settlement for a week now as only in the last 24-hours it declined 3.10% against the US Dollar bringing the token value to lower than $0.30.   Source: coinmarketcap Charles Hoskinson – CEO and founder of Cardano [going by the token ADA], during an interview for IB Times, a leading news source from UK, dusted out and revealed long term plans that could lead to grasping true scalability and interledger peer-to-peer transactions in the platforms infrastructure: “We are probably not going to lose a lot of Byzantine resistance. These epochs that we have come up...

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