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Exposed: The Reason Bitcoin Plunged 9% Today

Bitcoin fell roughly 9 percent Wednesday to its lowest level since mid April, extending a sell-off that started after a week of major blockchain conferences in New York City. Some pundits blamed a crackdown by state regulators this week as a key driver of Wednesday’s sell-off across all the major cryptocurrencies. “That has people a

Bitcoin Price Faces Bear Indicator Not Seen Since 2014

Following bitcoin’s recent losses, a key long-term trend indicator is looking increasingly bearish. Notably, the five-month moving average (MA) has rolled over in favor of the bears and looks set to cut the 10-month MA from above – a bearish crossover that hasn’t been seen since June 2014. If that occurs it could be a

Could Bitcoin’s Price Hit Zero? Here’s What an Expert Economist Says

An economist at one of the world’s largest asset managers believes there is a “decent probability” that the bitcoin price will eventually crash to zero. Joe Davis, the chief economist for $5.1 trillion asset manager Vanguard, wrote in an ETF.com op-ed that although the firm is enthusiastic about blockchain technology in general, it does not believe cryptocurrencies

8 Reasons Bitcoin Could Drop By Another 50%

Bitcoin’s price volatility is a wonder to behold. Owners who got in on the world’s first cryptocurrency craze as recently as a year ago have enjoyed wonderful success and are currently up about 577%, though late comers who bought in at the turn of the New Year are down almost 40%. Of course, in the interim, depending on the

Learn Why This Coin Could Be the Top Cryptocurrency of 2018

NEO came into prominence in 2017 and according to eToro, in terms of market capitalization, the coin had hit a peak of $187.41 on 15th January 2018. NEO is often considered to be the pioneering Chinese cryptocurrency that made it to the mainstream. Currently, according to coinmarketcap.com, NEO is positioned at number 11. The price of

What caused today’s big move in Bitcoin?

Bitcoin was on course to eke out two weeks in a row above the $9,000 mark, until now. The top digital token broke its streak Friday after South Korean prosecutors raided the offices of Upbit, one of the world’s largest cryptocurrency exchanges, renewing concerns that heightened regulatory scrutiny around the world could hurt business and

‘BITCOIN JESUS’ predicts THIS CRYPTO will be more valuable than Bitcoin by the end year

Bitcoin will soon lose its place as the world’s most valuable cryptocurrency, according to one of the earliest advocates of the digital currency. Roger Ver, whose involvement in the space since 2011 has earned him the moniker ‘Bitcoin Jesus’, believes technologically superior cryptocurrencies like ethereum and bitcoin cash will see massive gains in the coming months

Does Warren Buffett need a cryptocurrency education?

Warren Buffett’s comments on cryptocurrencies highlight how he needs to be educated on the future of money, affirms the boss of one of the world’s largest independent financial services organizations. The observation from deVere Group founder and CEO, Nigel Green, follows Mr Buffett’s address to an audience gathered for the Berkshire Hathaway [of which Mr Buffett is