Tag Archives: Price

Bitcoin Price Flash Crashes to $6,900 as Non-Correlation Tests Hodlers’ Patience

The price of bitcoin tumbled to fresh multi-week lows on Thursday, as the largest cryptocurrency continued to trade independently of broader market forces. The fresh dump came as central-bank liquidity fueled strong rallies in stocks, gold and the U.S. dollar. Continue reading Bitcoin Price Flash Crashes to $6,900 as Non-Correlation Tests Hodlers’ Patience

Privacy Features Send Monero (XMR) Price Skyrocketing 10% Higher in New Year

Whether people admit it or not, the privacy feature is one of the biggest draws to cryptocurrencies. If there was ever any doubt, those have been erased by Monero’s (XMR) rally in recent days. In the early days of the new year, the Monero price has advanced by 10%, and investors have privacy to thank for it. Continue reading Privacy Features Send Monero (XMR) Price Skyrocketing 10% Higher in New Year

Bitcoin Price Bounce Has Nothing to Do With Iran Situation

The bitcoin price made a swift advance from a 16-day low at $6,853 around 9 pm Eastern Time Thursday night. It reached $7,391 on Coinbase just before noon on the East Coast Friday. Commentators couldn’t help but link bitcoin’s sudden turn to the U.S. airstrike that killed a ranking Iranian general in Iraq. Continue reading Bitcoin Price Bounce Has Nothing to Do With Iran Situation

Bitcoin Rallies Aggressively After Defending ‘Parabolic’ Price Support

The bitcoin price rallied aggressively on Wednesday after the beleaguered cryptocurrency defended a vital support level that has fortified its nearly five-year-old “parabolic” uptrend. Just hours after careening to seven-month lows below $6,500, the notoriously volatile asset jerked toward a recovery, ascending a wall of sell orders in near-instantaneous fashion. Continue reading Bitcoin Rallies Aggressively After Defending ‘Parabolic’ Price Support

Billionaire Venture Capitalist: Bitcoin Price to Skyrocket to $250,000 After May 2020

When Tim Draper talks about good tech investments with enormous profit potential, markets listen. Some of the Silicon Valley venture capitalist’s winning picks include Baidu, Skype, Tesla, SpaceX, and Twitch. In 2014, Draper made a massive bet on bitcoin. He spent just shy of $19 million for 30,000 BTC sold by U.S. authorities at auction. Continue reading Billionaire Venture Capitalist: Bitcoin Price to Skyrocket to $250,000 After May 2020