Only a couple of days after China announcing the domestic ban of several exchanges trading bitcoin, the cryptocurrency is back with 30% price increase in several days. The news that the Chinese exchange bans will not really impact the overall cryptocurrency industry around the globe calmed the markets. Only in the afternoon today, September 18th,…
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After hitting historic lows of $3,000 in the last week, Bitcoin is now stabilizing its price level with rising $600 and gradually shaking away the China new cryptocurrency policies and JP Morgan's CEO slandering comments. According to CryptoCompare data from this morning, September 15th, the price of Bitcoin has risen with around 2% to $3,620.…
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A lot about Bitcoin (and other leading digital currencies) seems different than "real" fiat currencies. No cash or coin. No government issuer. Traded mainly by "retail" traders. Well add to that list weekend trading interest. For the third weekend in a row, Bitcoin price volatility and trading volumes have peaked during the weekend, at a…
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Bitcoin prices have been on a three month tear since early August, trading from the mid-$500's up to above $700. As at the time of writing, the USDBTC pair was at $704, marking the first time Bitcoin has been above $700 since mid June. Ignoring the aforementioned June price spike around the time of the…
Read moreAnyoption analyst Elise Blanford takes an interesting look at what is happening right now in the cryptocurrency market, as Bitcoin is leading a charge upward in prices. For more of Elise’s research see the Anyoption blog. [divide] While Bitcoin has had a particularly tumultuous year, the recent surge higher in prices comes amid numerous factors…
Read moreBitcoin prices hit their highest value since January 2014, then drop 10%. But why?
Read moreBitcoin back above $270 for first time since early August - but this time might be different.
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