We all know about the meteoric rise of Bitcoin price in October 2017 and even though many of us hoped it was the beginning of a new and fairer world, the markets have proven once more that what goes up must eventually come down. Unfortunately, many good people have lost a lot of money. Some … Read more
The CBOE Exchange in Chicago featuring the first Bitcoin futures contracts at 18.00 EST on Sunday crashed temporarily due to heavy traffic, as tweeted by the CBOE. The result is that the price of Bitcoin is back at $16,500 (Bitstamp) and testing those high levels for the second time. The high of the preceding pin … Read more
After an amazing run to almost $17,000 Bitcoin price retreats to $13,000 just before Bitcoin Futures open trading this Sunday. Based on the last three days of trading, we can see that there is a clear support level near $13,000. Bitcoin may still go much lower, as this level is only based on the last … Read more
Bitcoin has just passed the $15,000 level and is now confidently approaching $16,000 in what may seem like the steepest rise in the history of the cryptocurrency. Almost no one predicted that Bitcoin could touch the $15,000 level before the end of this year. But here it is, not only has Bitcoin crossed this level … Read more