What Will Draw Investors to Bitcoin? For the most part, investors abiding by traditional investment strategies have avoided Bitcoin like the plague. Legendary investor Warren Buffett, for instance, once called the cryptocurrency “rat poison squared”, later...
Volatility, at least for now, seems to have returned to the Bitcoin market. After rallying some 15% in a week’s time, BTC dumped on Friday, shedding $500 in a few hours as bears managed to briefly...
After making a sharp movement up towards $11,000 overnight, Bitcoin was unable to extend its upwards momentum and has now plunged back to the lower-$10,000 region, which is where it found support earlier this week after...
The Power of Bitcoin On Thursday, two wallets unidentified by the cryptocurrency world saw a jaw-dropping transaction. One sent the other some 94,504 Bitcoin (BTC) — around 0.5% of all the cryptocurrency currently in circulation —...
Bitcoin Rap Battle Who doesn’t love a good rap battle? On Thursday, Reid Hoffman, the co-founder of LinkedIn and a prominent technology investor and entrepreneur, released an extensive post on the site he created about Bitcoin....
Bitcoin as Digital Gold Over the past 18 months, the “Bitcoin is digital gold” narrative has gained a lot of steam across investment communities. From traditional market investors and macroeconomic analysts to cryptocurrency pundits and libertarians,...
Bitcoin has been caught in a bout of consolidation after incurring some significant upwards momentum late-last week, but it has failed to advance towards or past its nearest level of major resistance around $10,800. Now, analysts...
Bitcoin Slips After Strong Rally Bitcoin has seen some crazy price action over the past week. After nursing an 8% drop for a few days, Bitcoin began to start heading higher three days ago, eventually making...
Bitcoin > Libra If you were to ask a random consumer on the street to choose between Bitcoin and LIbra, they would likely choose the latter. Anecdotally, this writer’s friends and family have expressed more interest...
Bitcoin has been incurring significant volatility as of late and is now once again re-attempting to push back towards the upper-$10,000 region, which is where the crypto faced a swift rejection yesterday. In the short-term, although...
Analysts and investors alike tend to get consumed with Bitcoin’s short-term price action, as they are largely guided by the belief that short-term developments in the crypto’s technical formations will lead to long-term trends. Despite this,...
Some six or seven months ago, the world’s governments likely thought that Bitcoin was on its way out, having then shed 85% of its all-time high value within the span of a year. But now, the...