Analyst Who Perfectly Called Bitcoin Price Sees Bright Future Ahead

Cane Island Analyst Timothy Peterson maybe one of the only analysts to have accurately predicted the end of year bitcoin price . His analysis back in March this year, stated that the leading cryptoasset would price in at $7,800 by the end of December. If bitcoin continues to track as Peterson’s predicts,  BTC should close […]

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Bakkt Records Second Highest Bitcoin Futures Volume Since Launch

Bakkt saw an overnight spike in Bitcoin futures trading volumes, despite the relatively sluggish price action. BTC’s trek to above the $9,400 mark inspired futures markets to gain activity. Bakkt Grows its Bitcoin Futures Activity Slowly The Bakkt Bitcoin futures platform traded 1,061 contracts today, which is a 96% appreciation from the previous day. ICYMI: […]

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Bitcoin Price Could Drop Down To $7000; Diamond Top Breakdown Confirms Right Shoulder

Bitcoin price continues to free-fall after a failed bullish rally. New signals and a breakdown of two confirmed patterns point to bearish downside targets in the low $7,000 range.  On Friday, October 18, Bitcoin price set a higher low at roughly $7,800, signaling that bearish sell pressure may be waning. It resulted in bulls being […]

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Muralist Pascal Boyart Received 1.20 BTC ($12,500) for Street Art

French artist Pascal Boyart was paid a total of 1.20 BTC for several murals scattered around Paris. Each mural held a QR code for donations. The sum, worth around $12,500 by today’s prices, was raised in the past two years. Boyart’s Art Graces the Walls of Paris Pascal Boyart is known for creating crypto-inspired art, […]

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Which Turns The Most Profit? –

Bitcoin’s strong and stable performances in 2019 have been undeniable. As the cryptocurrency’s returns continue to outperform gains seen in traditional market stalwarts (i.e. gold, silver, and the S&P 500), many traders are making comparisons to its relative strength within the market. A recent tweet from crypto analyst @BitcoinEcon has raised some key questions for […]

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Bitcoin Price To Rally If ‘$11,700 Launchpad Level’ Is Hit

Bitcoin price has been pretty much trading sideways since it pushed past the psychological $10,000 barrier in June. Noted crypto bull and analyst Josh Rager called for a critical resistance level for BTC that month. Bitcoin could register new highs if it ‘closes above the $11,700 launchpad level’ he said. In his latest tweet, he […]

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Bitcoin Stored in Bakkt Warehouse Covered by $125M Insurance

Bakkt, the Bitcoin futures trading platform backed by NYSE parent Intercontinental Exchange (ICE), announced on Monday that its custody service is now live and protected by an insurance policy worth $125 million. Bakkt Warehouse is Now Active The operator of the first Bitcoin futures platform with physical deliveries said in a Monday tweet that it […]

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Will Bitcoin Become Less Volatile With Greater Adoption?

One of the major problems of Bitcoin’s use case as a means of payments is its high volatility. It still persists despite the increasing market capitalization. Can the largest crypto smooth its wild fluctuations with time?   Volatility Hinders BTC’s Adoption as Payment Method Merchants that adopted payment systems accepting Bitcoin are encountering several issues […]

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5 Facts About Bitcoin You May Not Know

Bitcoin turned heads when it hit an all-time high price of $20,000 in December 2017. Folks who were already invested in it since the genesis became overnight millionaires and billionaires. Lots became self-proclaimed bitcoin traders and investors. Even then, quite a lot have remained ignorant about a few facts.  For newcomers to Bitcoin and ‘veteran […]

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Is Bitcoin Price Preparing To Mirror 2017’s Bull Run?

Bitcoin price has posted positive returns every quarter this year till date. Last time this happened, we saw BTC hit $20,000 in 2017. Is bitcoin preparing to repeat history then?  Bitcoin Hit Green in All Quarters This Year Bitcoin is quietly inching towards the $11,000 price mark, as the contents of this piece are being […]

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