Tag: bitcoin
Bitcoin Price Analysis: BTC/USD Last Line of Defense?
Bitcoin fell through its short-term triangle consolidation pattern to signal that further losses are in the cards. However, the longer-term triangle bottom is currently holding…
China Capable of Disrupting or Destroying Bitcoin, Research Paper Suggests
A new research paper suggests that China has the capability and technical prowess to influence the fate of Bitcoin. Worrisome Findings Researchers from Princeton University and…
Bahrain-Based Bitcoin Exchange Rain Pursues GCC Expansion
The Persian Gulf is a crucial region for the cryptocurrency industry. Achieving compliance with Sharia law has proven to be somewhat challenging. Bahrain-based cryptocurrency exchange…
Bitcoin Mining: Is There Still Money to Be Made?
It’s no secret that Bitcoin mining isn’t nearly as profitable as it once was. With that being said, does it make sense to spend money…
Fundstrat Analyst: Remain Patient Before Increasing Bitcoin Exposure
An analyst at Fundstrat Global Advisors has said that Bitcoin investors should remain on the sidelines for now before increasing their exposure to it. Remain…
Crypto Market Is on the ‘Brink of an Implosion,’ Says Juniper Research
Juniper Research has stated that the crypto market is on the “brink of an implosion,” despite favoring factors to boost values. Not a Good Time…
Bitcoin Price Analysis: BTC/USD Short-Term Downside Breakout
Bitcoin recently broke below its short-term triangle consolidation pattern to indicate that a selloff is underway. Price could aim for the bottom of a longer-term…
French Bitcoin Scam Nets 31 Million Euros from 700 Victims
A new Bitcoin scam has been uncovered in France, and the losses by victims are more than 31 million euros. Cryptocurrencies went on a massive…
IMF Report Suggests Crypto Could Create ‘New Vulnerabilities’ to Finance Market
The International Monetary Fund (IMF) has said that the growth of the crypto market could create “new vulnerabilities” to the financial market as banks adjust…
