Bitcoin Price Watch: Currency Settles at $6,800 After Drop to $6,700

Bitcoin is currently standing at $6,800. After a weekend rise to $7,000, the coin’s ascension was halted suddenly and fell back to the $6,700 mark. It has risen by over $100 since yesterday. The previous rise could be attributed to major financial players getting involved in the crypto space. After repeatedly calling bitcoin a “bubble” … Read more

Bitcoin’s Value to Lose $44 Billion by Year’s End, Researchers Argue

Researchers from Switzerland published a twenty page study on the predictability of bitcoin bubbles, using Metcalfe’s law and Log-Periodic Power Law Singularity (LPPLS), and determined bitcoin’s market capitalization might fall as much as $44 billion, or 35% (at the time of writing), by the end of 2018. Also read: More Bitcoin ETF Teasing, Encouraging Signs Emerge … Read more

Bitcoin Price Watch: Currency Hits $7,000 Mark

Bitcoin seems to be on an ascending path. After incurring a $300 jump yesterday and trading at roughly $6,900, the currency has hit the $7,000 point – a welcome move for many hungry enthusiasts. One of the reasons may be the recent influx of major financial players – some of which had originally turned their … Read more