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Bitcoin Forges New Highs as Prices Quadruple This Year

Posted on August 14th, 2017.

Bitcoin’s relentless surge continued over the weekend, with prices crossing $4,000.00 for the first time since the cryptocurrency was introduced back in 2009. BTC/USD: On to a New Milestone The BTC/USD exchange rate reached a high of $4,190 for a new all-time record, according to Bitstamp. After a brief pause, Bitcoin’s...

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Bitcoin

Bitcoin’s Offensive Continues as Prices Breach $3,400

Posted on August 8th, 2017.

Bitcoin’s value jumped to a new record on Tuesday, a clear indication that the bull market was back in vogue following a month of turmoil. $3,000 & Beyond The virtual currency (BTC/USD) rose 2.4% to $3,468.00 in overnight trading, according to Bitstamp. Before the weekend, the BTC/USD had crossed the $3,000 mark only once. At...

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Bitcoin

Why Investors Should Just Hold Onto Bitcoin and Worry About Bitcoin Cash Later

Posted on August 6th, 2017.

On August 1, Bitcoin Cash (BCH), a hard fork proposal led by Chinese bitcoin mining pool ViaBTC, was forked and hours later, ViaBTC mined the first BCH block. BCH, which was initially developed by a bitcoin mining equipment manufacturer, struggled to gain acceptance from the industry, exchanges and businesses. As a result, its market cap...

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Analysis

Flash Update: Bitcoin Surges to New High Above $3200 Under the Radar

Posted on August 5th, 2017.

It’s a Saturday morning surprise for cryptocurrency investors once again, with the most valuable coin choosing the low liquidity environment to finally top the once elusive $3000 mark. As Bitcoin Cash continues to fade, (down to $240 from a high of $700) BTC emerged from the fork stronger than ever and now crossed the $50 billion...

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Analysis

Bitcoin Cash: Lack of Support for BCH Deposits Will Limit Price Discovery

Posted on August 4th, 2017.

The price of Bitcoin Cash is fluctuating wildly just days after it was minted – a trend expected to continue as bitcoin users face difficulty accessing their BCH deposits. Early-Stage Volatility BCH price discovery was off to a rocky start on Tuesday, with volatility extending throughout the week. Values peaked at $756.93 on...

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Bitcoin

Bitcoin Maintains Market Share After Digital Currency Split

Posted on August 3rd, 2017.

Bitcoin prices were remarkably steady on Thursday, as markets welcomed a new version of the digital currency following the Aug. 1 fork. Bitcoin Prices Survive Hard Fork After reaching $2,900.00 on the day of the fork, bitcoin prices have stabilized north of $2,700.00. The BTC/USD traded within a $23 range on Thursday, retaining a market...

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Analysis

Analysis: Cryptocurrencies Remain Choppy as Bitcoin Cash Gains Market Cap

Posted on August 2nd, 2017.

It was an interesting day for the crypto segment in deed. While the Bitcoin fork didn’t cause the disaster that some feared, volatile trading continued in BTC and Bitcoin Cash, with the latter surging above $10 billion in market value as miners and users embraced the new coin and propelled the price above $700. BTC slid somewhat from its...

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