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Bitcoin’s price may continue its parabolic advance, says renowned trader

Peter Brandt, a 40-years trading veteran, is back on the bullish side claiming that Bitcoin likely resumed its fourth “parabolic advance. ” Parabolic Phases The author of “The Diary of a Professional Commodities Trader,” explained earlier this year that Bitcoin’s market valuation can be divided into three parabolic phases, based on 1-week charts.

2019-9-3 21:18


Newsflash: Sunday Crypto Bloodbath Sees $11 Billion Wipeout Within Minutes

On February 24, following an impressive short-term rally from February 21 to 23, the valuation of the crypto market plunged by $11 billion from $141 billion to $130 billion. Several analysts have suggested that the inability of Bitcoin to break out of the $4,200 mark, a crucial resistance level for the dominant cryptocurrency, led most crypto assets to retrace.

2019-2-24 18:25


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Cryptocurrency Adoption Increasing As Real-world Transactions Continue to Grow Rapidly Says Weiss Analyst

With only a couple of weeks to go before the year ends, it is probably safe to say by now that 2018 has not been a good year for the cryptocurrency market. The total market valuation, which peaked at more than $800 billion in January this year, is now down to a little over a […] Cryptocurrency Adoption Increasing As Real-world Transactions Continue to Grow Rapidly Says Weiss Analyst was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-12-17 20:14


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Crypto Platform Coinbase Secures $300 Million in Series E Funding Round

Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post.

2018-10-31 20:51