Tag Archives: bitcoin price 2018

Bitcoin (BTC) ‘I Told You So’ At All Time High

Bitcoin (BTC), Cryptocurrency–Not much has changed in a year. While the price of BTC has slipped precipitously since ending 2017 trading near $20,000, the industry of cryptocurrency has remained as polarizing as ever. Throughout the bullish run that characterized last year, economists, financial reporters and Wall Street moguls continued to point out the flaws of the number one… Read More »

Drop in Bitcoin (BTC) Mining Increasing Network Risk

Bitcoin (BTC), Cryptocurrency, Mining–As previously reported by EWN, the drop in Bitcoin hash rate which has accompanied the most recent price fall throughout the month of November has raised a debate over the cause of decreased mining, and the potential ramifications. Some Twitter users pointed to an outright abandonment of cryptocurrency mining, with drop in valuation from $6500… Read More »

Bitcoin Miners Selling Shakes Off Gold Rush Mentality

Bitcoin (BTC), Cryptocurrency–As prices for Bitcoin continue to slip to their lowest point in over a year, with all eyes on BTC hitting $3,000, a recent inquiry into the dipping hash rate has led some to question the health of the crypto mining industry. On Nov. 25, a tweet went viral showing hundreds of crypto mining rigs essentially… Read More »

There’s A Giant White Sewer Rat In Wall Street And It’s Preaching Bitcoin

There’s a really interesting piece of art down in Wall Street that has captured the people’s attention for some time now. It’s a rat, and a really huge one for that matter. Nelson Saiers And The Rat This new phenomenon sits across the street right opposite the Federal Reserve building. However, it’s not the giant white inflatable rat… Read More »

Is 2018 A Waste if Bitcoin (BTC) Prices Don’t Recover?

Bitcoin (BTC), Cryptocurrency–Despite the excitement being generated in the space of cryptocurrency, to the tune of a $200 billion market capitalization or about five times that of popular electric car maker Tesla, 2018 has been a decidedly bad year in terms of increasing valuation. Since reaching a pinnacle in December 2017, when Bitcoin prices soared on an exponential… Read More »

Juniper Research Warns Bitcoin May be In For Implosion, Cites Low Volume

Bitcoin (BTC), Cryptocurrency–Despite the small uptick in valuation for Bitcoin over the past week, a new study out of analytics firm Juniper Research states that the cryptocurrency markets look in danger of imploding, with a gradual decrease in transaction volumes being cited as the main evidence for such a concern.   First reported by Bloomberg on October 9,… Read More »

Novogratz: Seller Fatigue Indicates Market Has Bottomed Out

Bitcoin (BTC), Cryptocurrency–Long time cryptocurrency industry figure and perennial crypto-bull Michael Novogratz, has made headlines again with his assertion that the seller fatigue indicated by current price movements shows that the market has bottomed out for Bitcoin and other popular currencies. Led by the meteoric rise of XRP throughout the week, which at point had posted a twenty… Read More »

Bloomberg: $500 million in Tether (USDT) Has Made No Impact on Bitcoin (BTC) Price

Bitcoin (BTC), Tether (USDT)–Despite Tether (USDT) printing over half a billion dollars worth of new coinage throughout the month of August, financial news outlet Bloomberg reports the move has had little to no impact upon the crypto markets. While the company behind the most popular stablecoin cryptocurrency, now ranked 8th in total market capitalization with $2.84 billion in… Read More »

Australians Can Pay Utility Bills With Bitcoin (BTC)

Bitcoin (BTC)–In terms of adoption for cryptocurrency, being able to pay for real world goods and services with the digital currency has long been viewed as the gold standard. The bear market of 2018 has led to a shift in focus away from the fundamentals of crypto and the usability of blockchain transactions in favor of wild price… Read More »

Top 10 Cryptocurrencies See Green After a Tumultuous Week

Bitcoin (BTC)–After one of the hardest hitting weeks to the crypto markets in an otherwise bearish year, the top ten currencies by market capitalization appear to be in recovery. On Monday, the total market capilization of cryptocurrency dipped below $200 billion for the first time since last year, signaling a relative low from January 2018’s near-trillion dollar valuation.… Read More »