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Tag: Bitcoin

Bitcoin below $3,000 would trigger a ‘blood bath’, says analyst | MarketWatch

Bitcoin below $3,000 would trigger a ‘blood bath’, says analyst | MarketWatch

What are analysts saying “For the past few weeks, we have not seen any significant movement in the bitcoin price. We are stuck in a price range of $3183 (17 December low) to $4234 (Dec. 24 high), as long as we are not breaking out of this range, there is nothing new,” wrote Naeem Aslam, […]

Bitcoin Is Now Officially In Its Longest Bear Market Ever | CoinDesk

Bitcoin Is Now Officially In Its Longest Bear Market Ever | CoinDesk

Bitcoin has officially entered the longest stretch of declining prices in its 10-year history. The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the […]

Why the Blockchain and Crypto Industry Needs to Forget Price Predictions | Coin Central

Why the Blockchain and Crypto Industry Needs to Forget Price Predictions | Coin Central

“We are tired of people asking us about target prices.” This was Tom Lee towards the end of 2018., the co-founder of Fundstrat Global Advisors and one of the most prominent cryptocurrency price analysts. He famously predicted Bitcoin would end 2018 at $25,000. Despite Lee’s claim to fame being his ability to predict stocks and […]

Stranger Things: The Upside of Down Bitcoin Prices | CoinDesk

Stranger Things: The Upside of Down Bitcoin Prices | CoinDesk

While 2018’s falling bitcoin prices led many observers to write off digital assets altogether, the correction should actually help force the market as a whole to mature. That maturation is exactly what the space needs to attract more institutional investors, whose arrival en masse will improve the market for everyone by increasing liquidity, both directly, via […]

Bitcoin Crash Hitting the Chinese Crypto Miners & Price of Mining Devices Hard | CoinGape

Bitcoin Crash Hitting the Chinese Crypto Miners & Price of Mining Devices Hard | CoinGape

With Bitcoin currently down over 82 percent, the prices of crypto mining devices are falling hard and crypto miners are shutting down as business is falling. Mining Computers’ Price Plunge, Businesses Shut Down Crypto winter has been now going for over a year now. Bitcoin is currently down more than 82 percent from its all-time […]

Why Does Bitcoin and the Crypto Market Experience Such Volatility in Price Fluctuations? | Bitcoin Exchange Guide

Why Does Bitcoin and the Crypto Market Experience Such Volatility in Price Fluctuations? | Bitcoin Exchange Guide

The cryptocurrency market has been growing during the last ten years since Bitcoin (BTC) was created. Indeed, the most popular digital asset grew up to $20,000 at the end of 2017. Because of this, the market gained traction and increased its popularity among investors. Other coins such as XRP or Ethereum (ETH) surged as well […]

Volume of Crypto is Dropping, is Bitcoin Headed Below $3,000? | CCN

Volume of Crypto is Dropping, is Bitcoin Headed Below $3,000? | CCN

In the last 48 hours, the volume of the crypto market has dropped from $15 billion to $13 billion as the Bitcoin price fell below the $3,600 mark. Analysts have started to demonstrate concerns regarding the declining volume of digital assets and the potential scenario of cryptocurrencies free falling without significant sell pressure from bears. […]

Bye bye Bitcoin? | Dhaka Tribune

Bye bye Bitcoin? | Dhaka Tribune

The reasons cryptocurrencies could enter a more extreme death spiral Back in December 2017, when its price reached close to $20,000, Bitcoin looked like it had finally disrupted financial markets with the potential to enter the mainstream. A year later and things look quite different. Bitcoin is now steadily trading below $4,000 and has been […]

Bitcoin Price Predictions 2019: What Experts Forecast for Cryptocurrency | Newsweek

Bitcoin Price Predictions 2019: What Experts Forecast for Cryptocurrency | Newsweek

2018 was not a great year for cryptocurrencies. Bitcoin, the world’s largest cryptocurrency, plunged nearly 75 percent in the year to date. In December 2017, bitcoin was worth nearly $20,000. Now, as 2018 draws to a close, it clocks in at less than $3,875. Other crypto firms also are struggling to stay afloat. The price of […]

Nvidia Targeted With Class Action Lawsuits Over Crypto Crash | tom’sHARDWARE

Nvidia Targeted With Class Action Lawsuits Over Crypto Crash | tom’sHARDWARE

The Schall Law Firm, which specializes in securities class-action lawsuits and shareholder rights litigation, joined other firms in filing class action lawsuits against Nvidia. The pending litigation claims Nvidia made false and misleading statements to its shareholders regarding how it could manage reduced demand from the cryptocurrency market. Last year’s cryptocurrency craze sent PC component […]