Bitcoin revisited the upper $7,000s this weekend, continuing its ranging behavior, but always with a gradual downward slope, as if tempting bears or bulls to grab on. The excitement from a few weeks back is quickly becoming a distant memory, but so is $10,000, its last ranging median for weeks on end. Advocates, however, are…
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More than a decade back, after a few influential techie types discovered “Bitcoin: A Peer to Peer Electronic Cash System”, a new form of payment vehicle rushed to the point-of-sale to revolutionize the stodgy payments industry forever. Such would not be the case due to the volatility of this digital asset, but it did become…
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In some respects, we are back to old times where Bitcoin followers react to every tiny little wobbling that affects their favorite digital asset. The carnage from last week’s battle has been cleared from the battlefield, as investors regain confidence that Bitcoin might actually be on a road back to recovery. A cacophony of critical…
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The dust is beginning to settle from last week’s demolishment of Bitcoin’s valuation, and the time is now right for respected analysts to speak up on its behalf, since the all-important Bitcoin narrative needs a boost at this time. One analyst, who has never shied away from speaking glowingly about Bitcoin’s prospects, has been Tom…
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“It was the best of times, it was the worst of times.” Unfortunately, the latter phrasing applies to this last quarter for Bitcoin, its first negative quarter of the year and, by far, a shock to crypto enthusiasts across the globe. BTC is hovering about $8,300, a 23% loss for Q3, but on a positive…
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For Bitcoin, that was the week that was, but for analysts and advocates alike, market behavior was, as some people say, not “kosher”. Something just did not smell right. The bottom literally fell out of support for the world’s favorite digital asset, which shed 20% of its market share in a flash on Tuesday and…
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Mati Greenspan, senior analyst for eToro, has been a voice of both reason and wisdom when it comes to all things crypto. Often sought out for comments about the pricing behavior of Bitcoin and its altcoin brethren, Greenspan has never shied away from expressing his thoughts on the state of the crypto industry. This week…
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Bitcoin is not a problem to be solved – It is a mystery to behold. Ancient writers may have writ this aphorism about life, but today it appears to apply to Bitcoin, as well. The entire analyst community is scratching its collective head today to ascertain the reasons why their beloved digital asset suddenly fell…
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The Fold App is a Bitcoin payment app that allows users to purchase goods such as clothes and food with bitcoin and earn some rewards for using the app. According to press, the company has just added a fiat capability feature after raising $2.5 million from prominent investors. The seed round was backed up by…
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The SEC is still pondering upon the the approval of multiple Bitcoin ETF proposals. The latest one, as Leaprate reported several days ago, is coming from Wilshire Phoenix. A decision on the Wilshire Phoenix application is due late in September, but a delay is expected. Yesterday, it became clear that the SEC has started a…
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