Every now and then, a juicy article appears in the press that commands re-writes across the entire news spectrum. In other words, no matter where you go, you cannot avoid reading the same storyline, over and over again. Bloomberg created one of these “honey pots” on Monday, and before you could say, “What the…,” a…
Read more
The price chart of Bitcoin now resembles a "hockey stick". A constantly increasing price with time, with only small corrections here and there. Bitcoin is now trading at around the $7,300 level, hitting new all-time highs almost every week for the past month. With 889% growth this year, according to Coinbase, Bitcoin has helped the…
Read more
The following article was written by Adinah Brown, content manager at Leverate. As debate continues on whether the B in Bitcoin is to be capitalised or not, the BTC/USD pair hit $4,980 over the weekend, which is actually $5,000 for most traders looking to buy on cryptocurrency exchanges once the spread is included. That the price…
Read more
The following article was written by Jens Chrzanowski, Member of the Management Board of Admiral Markets Group AS. Hello, The talk of the town, or at least the talk of traders’ town, is clearly about cryptocurrencies these days – especially the BIG FOUR – Bitcoin, Ether, Litecoin, and Ripple. Everyone is into buying or trading them,…
Read morePost Silk Road closure rebound levels are the new normal… at least on the Japanese exchange Yesterday’s vague statement by Mt Gox that has fully discouraged Bitcoin traders on the Japanese exchange has triggered somewhat of a capitulation on the Bitcoin market. Prices have tanked just above post Silk Road closure levels around $91.50 and…
Read moreBitcoin was shattered by Chinese news again, so why is this good news for the community in the long run? It has happened – Chinese authorities have taken all the series of steps to completely discourage the use of the digital currency in the country for whatever reason. First they declared it as a speculative…
Read more