Tag Archives: btc cryptocurrency

Report: Growing Altcoin Market Has Hurt Bitcoin (BTC) Price

Bitcoin (BTC), Cryptocurrency–Despite the bear market of 2018, which saw cryptocurrency prices across the board fall more than 90 percent, there has been a general increase interest for altcoins relative to that of the original cryptocurrency, Bitcoin. While BTC still holds the top position in market capitalization by a wide margin ($51 billion over second-ranked ETH as of… Read More »

Bitcoin-Backed Square Named Yahoo Finance Company of the Year

Bitcoin (BTC), Cryptocurrency–While no one will argue the fact that 2018 has been a horrible year for cryptocurrency valuation, with the majority of altcoins down 90 percent or more since the start of the year, Bitcoin-supported payment portal Square has been named a top finance company of 2018. Yahoo Finance, in its end of the year roundup, named… Read More »

Bitcoin (BTC) Leads Google Trends Most Commonly Asked in 2018

Bitcoin (BTC), Cryptocurrency–While market prices continue to look shaky for cryptocurrency and the broader altcoin market, Bitcoin managed to score a minor win on the day. According to the analytics trending tool published by Google, “What is Bitcoin?” was the most searched phrase for the question-asking category for 2018. Both United States and United Kingdom Google users searched… Read More »

Bloomberg Opinion Bitcoin Price Prediction: More FUD for 2019

Bitcoin (BTC), Cryptocurrency–While the crypto markets see a slight reversal in pricing to round out the final week of December, with Bitcoin creeping closer to $3700 after hitting a relative low earlier in the week, predictions on the outlook of the industry for 2019 continue to sour investors. Last week, as reported by EWN, billionaire crypto investor Mike… 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 »

Square’s Bitcoin (BTC) Revenue Continues to Climb

Bitcoin (BTC), Cryptocurrency–Despite the crypto markets entering the final months of 2018 in an ongoing bear cycle, cryptocurrency and financial services company Square has revealed that Q3 revenue was up $6 million, including a profit of $500,000. While some investors might find the numbers middling at best, it represents a substantial step forward for cryptocurrency and Bitcoin payments–particularly… Read More »

Bitcoin Price to Benefit Most From Institutional Investing

Bitcoin (BTC), Cryptocurrency–A week ago JPMorgan analysts released a report that claimed the U.S. had a 60 percent chance of undergoing recession by the year 2020, with that figure climbing to 80 percent in three years. As EWN reported, the bearish outlook for the traditional stock market could be to the benefit of cryptocurrency, despite the year long… 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 »

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 »