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Why 2018 Could Be Great for Bitcoin Despite Shaky Start
Bitcoin is going through a tough first quarter of 2018. Since hitting its $20,000 all-time high last December 2017, Bitcoin price has dropped by more than 70%. As of the time of writing, Bitcoin is trading at the $8200 level,…
5 Tips on How to Survive the Waves of the Crypto Market
Looks like things are going south for the cryptomarket again. If you are new to the crypto space, you might be feeling like it’s the end of the world for you investments. But if you’ve been into cryptocurrencies for quite…
March is Tough on Crypto, What’s Up with BTC and ETH?
The cryptocurrency market has not been doing well in the past days. Total market capitalization is currently sitting at the $380 billion levels after hitting a wall at $500 billion. Bitcoin dominance over other cryptocurrencies is slowly increasing, reaching the…
Indian government functionaries continue to discourage cryptocurrencies
The Government of India (GoI) doesn’t regard cryptocurrencies as legal tenders, and senior GoI functionaries continue to discourage use of cryptocurrencies. The latest statement from Mr. Shaktikanta Das, former Secretary of Economic Affairs in GoI, a senior official who was…
Bitcoin Decline Related to Mt. Gox Liquidation?
Bitcoin had a bad week, and that is an understatement. BTC declined in price for about 20% since last week. For five days in a row now, Bitcoin has slumped against the US Dollar. Since 2010, there have been 23…
Coinbase and Bitfinex starts supporting SegWit technology for Bitcoin
Bitcoin traders can finally take advantage of long-awaited SegWit technology. Two prominent exchanges, Coinbase and Bitfinex, have started to support this promising technology that is expected to reduce transaction fees and improve transaction speed. Bitcoin, the most famous of the…
Bitcoin Price Stuck in Kill Zone, Cryptomarket in the Red – Technical Analysis
In our previous article about Bitcoin setting up for its next big move, we discussed the recent price action for Bitcoin using the Elliott Wave Theory. As of press time, BTC price seems to have finished the 1st wave hitting…
The Future of Bitcoin Looks Bright with the Arrival of SegWit on Bitfinex and Coinbase
SegWit, or Segregated Witness, is the soft fork change in Bitcoin’s transaction, which has also been applied on other cryptocurrencies such as Litecoin, Vertcoin, and Digibyte. It is a protocol improvement that improves and facilitates scaling. In this way, users…
Bitcoin is Setting Up its Next Big Move and Here’s Why – Price Analysis
After dropping to its 3-month low at the $6,000 level on February 6, Bitcoin is steadily recovering in the past week, even breaching a key resistance level at $11,500 and soaring to $11,800 before hitting a sell wall and dropping…