Blockchain 

Bitcoin Price | Why Warren Buffett’s Comments Are Important

Bitcoin price (BTC) rallied 50% last month amid improving trader confidence. The market pundits, however, are predicting BTC price to reach $20,000 by the end of this year. The overall trader’s sentiments and market data have also been supporting bull’s stance. The potential institutional investment and claims for higher adaptation are adding to traders sentiments. However, Warren Buffett – the stock market specialist and business icon, has different thoughts about the cryptocurrency markets. He refuses to invest in bitcoin and other digital currencies when several other institutional investment firms (such as Goldman…

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Blockchain 

Bitcoin Price Soars 7% as Bulls Find Support at Lower Levels

Over the course of the first half of the year, the cryptocurrency market enjoyed an amazing run, and much of it was driven by Bitcoin (BTC), which ended up with hefty gains at the end of each of those months. However, the months of July and August proved to be an extremely turbulent period for BTC as it lost momentum due to multiple factors and hovered within a lower range. That being said, the cryptocurrency seems to have made a grand comeback in September, and the bulls are ruling the…

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Blockchain 

Ripple (XRP) Popularity Remains Despite the Price Slump in 2019

Over the past years, Ripple (XRP) has grown into one of the world’s top cryptocurrencies and has firmly established itself as the third biggest crypto in the world in terms of market capitalization. That being said, XRP has been one of the worst-performing cryptos this year, despite the fact that almost the entire market has been in the middle of a major bull run for most of the year. Among the top 10 tokens in circulation at the moment, eight have been able to post highly impressive gains so far…

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Blockchain 

Bitcoin Price Tumbles 6% on Economic Growth Uncertainty

Bitcoin (BTC) had an outstanding run during the first half of the year as it climbed to new highs at the end of each month, but the month of July and August have not been as kind to the world’s biggest cryptocurrency. A lot has gone on over the past month and a half that has made it difficult to regain its momentum. However, in August, Bitcoin started climbing considerably as it was thought to have been a hedge against the global risks that had been unleashed due to major…

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Blockchain 

How Will a Higher Bitcoin Dominance Index Affect BTC Price?

Bitcoin (BTC) had an excellent run in the first half of 2019 and looked like it could regain the highs that it had reached back in 2017. However, the month of July proved to be a reality check as the price of the token oscillated around $10,000. August started off in much better fashion as many investors got into Bitcoin as a form of hedge against the global economic uncertainties. Key Analysis That being said, the cryptocurrency has not been able to regain the momentum that it had displayed in…

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Blockchain 

Bitcoin Price to Reach $55K? Joe Kernen Suggests So!

Once again, Bitcoin price has fallen below $10k per coin. The largest digital asset by market cap has shocked investors in the last few months with rallies that saw the coin reach highs of over $13,500 in value. The surge in price has led to multiple discussions on Bitcoin’s future potential as it once again takes center stage. The latest bullish opinion comes in from Squawk Box’s Joe Kernen, who suggested that BTC price will surge to $55,000 by May 2020. Though many will dispute this thought, there are plenty…

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Blockchain 

Technical Price Analysis | Ethereum (ETH) and Ripple (XRP)

Last week, Ethereum (ETH) showed some near-term recovery against the US dollar with the ETH/USD pair forming a support base above $200 before showing signs of upside correction. On the other hand, Ripple (XRP) did not perform well last week with prices falling by over 7%, but in Monday’s session, the coin has been rather stable. Ethereum Price Analysis For the better part of the week, ETH was trading above the $208 and $216 resistance levels. Additionally, the coin saw a break above the Fib retracement level of 23.1% for…

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Blockchain 

Bitcoin Price | What the Technical Chart Indicates About BTC’s Movement

The month of July has been a very volatile one for Bitcoin investors due to the range of factors that brought the six-month-long bull run from the start of the year to an abrupt end. BTC had risen to $14,000 at one point last month but now the token is struggling to hold on to the $10,000 level. Price Analysis In a new development, Bitcoin price easily went below the psychologically important level of $10,000 yesterday, despite a rally that had taken the price to as much as $10,200. Traders…

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Blockchain 

Bitcoin Price Experiences Second Largest 24-Hour Drop of 2019

Bitcoin price has suffered its second-largest drop in a 24-hour period in 2019. Currently, the price is approximately $9,632 USD per coin, but across the day, its movement has been constant. The world’s largest cryptocurrency by market value closed yesterday at $9,412.81 on Bitstamp; down 13.25% from its opening price of $10,848. This is the second-largest single-day drop for the coin in 2019. The first was a 13.67% drop that occurred on June 27th. Bitcoin Price Drop Speculation for why the drop has occurred is rife. Many are citing the growing calls…

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Blockchain 

John McAfee Reiterates His $1 Million by 2020 BTC Price Prediction

In a rather haughty Tweet posted earlier today, American crypto enthusiast John McAfee wrote that he was “laughing his f—— ass off” at the concern over Bitcoin’s falling price this week. The entrepreneur went even further and reiterated his prediction that Bitcoin would reach $1 million by 2020. What has him so bullish? John McAfee Predicts Bitcoin $1 Million by 2020 Bitcoin price has fluctuated wildly in recent weeks. Unable to breach the $14,000 mark, Bitcoin topped out at approximately $13,650 and fell back below $10,000 at the end of…

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