Bitcoin Price Watch: Currency Remains as Is, Likely Won’t Reach Five Figures

At press time, the price of everyone’s favorite cryptocurrency remains unchanged. Bitcoin is still trading in the $6,400 range and hasn’t moved from this spot for the past few days. The word is out that bitcoin isn’t likely to reach the $10,000 mark by the end of the year. This goes against everything many analysts, … Read more

Theories Abound After BTC Leaps While Bitmex is Down

It’s been an interesting 12 hours for BTC, with the cryptocurrency finally breaking through resistance levels. Most of the drama took place within the space of just a few minutes, when BTC gained $400 without blinking. It is no coincidence, however, that the event took place just as the popular cryptocurrency exchange Bitmex went offline. … Read more

Bitcoin Dominates Fortune’s Most Impressive, Young Superstars List

“For the first time ever,” Fortune magazine announced, it “has assembled a supplementary honor roll of the most impressive, young superstars who are transforming business at the leading edge of finance and technology.” They’ve selected forty representatives from all over fintech, and each is under forty years old. Among them are many cryptosphere leaders finally … Read more

Bitcoin ETF Decision Gets an Overwhelming Amount of Public Opinion

A great deal of cryptocurrency proponents are hoping for a positive outcome when the US Securities Exchange Commission (SEC) decides on whether or not they will approve the latest bitcoin-based ETF application file by Cboe. The US regulator had asked for public opinion concerning the ETF again, and this time around the number of responses … Read more

Bitcoin to Hit $50,000 Despite Recent Plummet, BitMEX CEO Says

The recent downward spiral of Bitcoin hasn’t dissuaded Arthur Hayes from his bullish prediction that Bitcoin will hit $50,000 by the end of the year. Hayes, the co-founder and CEO of Bitcoin Mercantile Exchange (BitMEX), said that volatility is not Bitcoin’s weakness but rather its strength, as it gives investors the chance to make money … Read more

Bitcoin Price Watch: Currency Spikes by $500

At press time, the father of cryptocurrencies has jumped by $500 in just 24 hours. Yesterday, the coin had fallen to its lowest point in months, and was trading at $5,800 for most of the day. Many analysts were skeptical about potential recovery, and were certain a bear period was likely to mar bitcoin’s progress … Read more

Bitcoin Price Watch: Currency Falls to $8,500

At press time, bitcoin is trading for just over $8,500. This is a near $300 drop from yesterday’s price of $8,800, and the recovery many of us likely believed to be right around the corner is again sinking into hiding for the time being. The price did manage to rebound a bit following Monday’s start … Read more