Changpeng Zhao, the CEO and co-founder of major cryptocurrency exchange Binance, believes that 2018 is a “correction year” for cryptocurrencies, which makes him express general optimism for the future of the industry.
Thomas Lee, head of research at Fundstrat Global Advisors, still believes in Bitcoin’s strong upside potential, even though the price of the flagship cryptocurrency continues to plummet, reaching new yearly low on Friday, December 14.
On Saturday, Nov. 24, price if the flagship cryptocurrency dropped below the $4,000 support level for the first time since September 2017. It even went worse, as Bitcoin dropped at some point below $3,500 at exchanges like Coinbase and Bitstamp, however, come Sunday evening, the prices were somewhat stabilized around the $3,750 mark, as CoinMarketCap […]
Start of a new week turned out be far from bright for the flagship cryptocurrency, as the gradual slide turned into a free-fall. At approximately 16:30 UTC on Monday, Nov. 19, for the first time in 2018, the price of Bitcoin fell below $5,000 on several exchanges, including Bitstamp and Coinbase.
The flagship cryptocurrency sank to its lowest price in over a year on Wednesday, November 14, with the prices of other altocoins crashing heavily as well.
Price of the world’s biggest cryptocurrency broke out of its early-week slump on Thursday, scrambling back above $6,700 to return to the levels it last traded on weekend, and ultimately hitting the $6,800 mark on Friday morning.
After dropping to its lowest level in terms of total market cap, the cryptocurrency market is on the rebound on Thursday, September 13, with reports that one of U.S. largest banking institutions, Morgan Stanley, is considering launching Bitcoin trading services for its clients being the one of the major driving forces.
The price of Ether, the second largest cryptocurrency my market cap, fell dramatically on Saturday night breaching the $200 price level for the first time since July 2017. Over the last 24 hours ETH lost over 12 per cent and more than 35 per cent over the last seven days showing the worst performance among […]
A new research examining the relationship between Bitcoin prices, Google searches for the cryptocurrency and the introduction of futures markets has been released by Joost van der Burgt, a fintech policy advisor for De Nederlandsche Bank (the central bank of the Netherlands).
Cryptocurrencies continued to push into bullish territory on Tuesday, August 28, as Bitcoin rose to a three-week high.
Despite being one of the most bullish crypto VC’s, Anthony Pompliano, founder and partner of Morgan Creek Digital Assets, cast doubt on Bitcoin’s ability to hit a new high anytime soon.
Bitcoin could be set for a comeback after climbing 10 percent over the last 24 hours to hit a high of $7,523 in the early hours on Wednesday. The compounded crypto market capitalization is nearing the $300 bln mark, last seen over a month ago, on June 12, 2018.