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CNBC ‘Reverse Bitcoin Price Indicator’ Hits Bullseye Again

Less than a week after CNBC forecast an $8000 Bitcoin price, the largest cryptocurrency tumbled close to $6000, leading to ridicule from commentators. ‘$8K Could Be Next’ In another instance of the network proving itself as a so-called ‘reverse price indicator,’ its predictions for BTC/USD completely contrasted with short-term reality, the pair going on to lose almost 13 percent in less than 24 hours. дальше »

2018-9-6 15:00


Short-Term Traders Responsible for Ranging Bitcoin Price, Says Analyst

As the price of Bitcoin remains stuck between $5,500 and $8,500 for three months now, the Bitcoin trading community wonders when the spell will break and in which direction. Kevin Lu, the director of quantitative research at Element Digital Asset Management, a full-service advisor for the digital asset economy, said the Bitcoin market is in a reflexive state. дальше »

2018-9-1 21:00


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Why Bitcoin-Collateralized Loans Still Work in a Bear Market

Despite talk of Bitcoin heading higher in the second half of 2018, many long and short-term holders are growing impatient – or are even being squeezed out of the market. HODL The Pain Or Reap The Gain? The result of a long, slow decline in Bitcoin price which began following the cryptocurrency’s all-time highs in December 2017, social media and community forums are awash with commentators slowly – and highly reluctantly – exiting their positions. дальше »

2018-8-9 23:00