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Posts Tagged ‘BITCOINS’

3 Hurdles Could Complicate Bitcoin’s Price Recovery

Forcing a bitcoin (BTC) price breakout is looking anything but easy for the bulls, with the path to $7,400 being littered with resistance levels. Stepping back, the leading cryptocurrency jumped above $6,800 on Monday, neutralizing the bearish view put forward by a downside break of a trendline support last Friday. The sharp recovery from lows…

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This E-Bike Accepts Payments With Bitcoin’s Lightning Network

Lightning Network has certainly inspired the home-brew hardware and software community to develop case-of-use scenarios for its micro-payments.  On Yer Bike Following Poketoshi, a Coke vending machine, and a real Swiss cafe, a German hacker has now developed a lightning-powered e-bike. The bike is a pretty standard 28-inch gents model, with an electronic conversion kit retrofitted. The…

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Bitcoin’s Price Volatility Just Hit Another 15-Month Low

Bitcoin price volatility continues to drop, with one measure having reached a 15-month low. Weekly volatility, as calculated by the difference between the high and low, fell to $317 last week – the lowest reading since the first week of July 2017 – according to Bitfinex data. More importantly, the leading cryptocurrency witnessed a trading range…

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Bitcoin’s Low Volatility Might Mean Price Manipulation Is Waning

Since its inception, Bitcoin has exhibited a highly volatile nature. However, during the past few days, Bitcoin’s price volatility has fallen to the lowest level of 2018. The U.S. Securities and Exchange Commission (SEC) will most likely view Bitcoin’s calmer price oscillations favorably. Low Volatility Signals That Investors Are Now Holding to Bitcoin Bitcoin’s (BTC)…

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Where Are Bitcoin’s Swings Headed? A Rundown of Recent Events

It seems that Bitcoin’s swings cause a butterfly effect throughout the entire market, but what causes these swings in the first place? Well, here’s the summary of the last few days. The end of September was full of suspense and surprises, with bitcoin (BTC) 00 racing from $6,400 to $6,700. Many traders were eager to…

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$8 Billion Coinbase Now Has More Users Than 21 Million Bitcoins

US cryptocurrency exchange and wallet provider Coinbase now has more users than the total supply of Bitcoin, new data reveals. Novogratz Hails Coinbase as Crypto ‘Poster Child’ Compiled by entrepreneur and cryptocurrency investor Alistair Milne, the latest statistics for the company show current user numbers have hit 25 million – meaning already that not all…

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Forbes Journalist Says Get Used to Bitcoin’s Bipolar Tendencies

If bear markets terrify you, take some advice from an experienced economic researcher and editor at Forbes who bought Bitcoin for $14. Things are far more serious when you’re charged for Bitcoin’s price oscillations. An Intellectual Affair Jeffrey Tucker knows his money. Not strictly as an entrepreneur, businessman, or trader, but as a researcher of…

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Bitcoin’s Energy Consumption in Summer: Rise or Fall?

It’s no secret that Bitcoin (BTC) mining is an expensive business, and in more ways than one. Not only has it become less profitable since July 2016’s halving of mining rewards to 12.5 BTC, but competition among miners and an increasing hashrate have resulted in ever-higher energy consumption, with all the damage to the environment…

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The Unflippening: Bitcoin’s Resurgent Dominance Showing Who’s King

The volatile nature of the cryptocurrency market needs no introduction after its staggering gains in 2017 and subsequent losses of 2018. Looking at the market as a whole, however, gives us a bigger picture of who were the biggest losers and which coins were the best at storing value. Total Market Cap Still 11 Times Bigger…

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