Tag Archives: btc price prediction

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 »

Chainalysis: Bitcoin Whales Not Responsible For Volatility

Bitcoin (BTC), Cryptocurrency–While cryptocurrency has been on a gradual decline throughout 2018, investors and interest groups have cried foul over the presence of notorious market manipulators, commonly known as whales. In markets such as cryptocurrency, which lack the total trade volume and regulations of the traditional stock market, large cap players with substantial BTC and dollar holdings have… 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 »

Study Finds Cryptocurrency Investors Maintained Position Through Bear Market

Cryptocurrency, Bitcoin (BTC)–In an interesting examination of the habits of average cryptocurrency investors, a new study purports that the majority of investors and speculators in the crypto space maintained their position throughout the summer of 2018 despite the slumping prices. While the crypto market nears the end of its ninth month of a bearish cycle that has characterized… 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 »

BitPay CCO Bullish on Bitcoin in 2019, Bearish on Altcoins and ICOs

Bitcoin (BTC), Cryptocurrency–Despite the ICO market otherwise thriving throughout 2018, with the total volume of projects started and investment capital raised doubling that of last year by the midway point. While Initial Coin Offerings have drawn the ire of those within and outside of the industry, primarily over the empty projects that have come to litter the space… Read More »

Satis Group Price Analysis: Bitcoin and Monero Biggest Gainers Over 10 Years

Bitcoin (BTC), Monero (XMR)–According to a report by the initial coin offering (ICO) advisory and research firm Satis Group, both Monero and Bitcoin look to be the biggest winners in terms of price gain over the next decade. Satis, which publishes outlooks for both ICOs and current cryptocurrencies, as well as advising on  the forces that will shape… 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 »

Bitcoin Energy Consumption Could Drive Innovation, Says Research Associate

Bitcoin (BTC)–By now, most within and outside of the industry of cryptocurrency are familiar with the narrative surrounding Bitcoin energy usage. The argument goes that as Bitcoin becomes a more popular choice in terms of digital currency, the increase of miners looking to capitalize on transaction fees and reward payouts will increase, thereby also raising the hashing difficulty… 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 »