Bitcoin Month Recap: BTC is Suffering but It’s Hanging in There!

bitcoin month recap btc is suffering but its hanging in there

Bitcoin Price Watch: Yesterday saw Bitcoin (BTC) price fall to almost below $6,000. But what about today? First, let’s recap the last month. Bitcoin Price Watch: The Past Month Mid-July was looking promising for the coin as it began a sudden bull-run that saw Bitcoin climb to a peak of around $8,450. But typically reflective of this volatile marketplace, the highs did not last long and BTC has been on a steady downward climb since hitting the peak. Once August kicked in, it seemed any progress made in those impressive…

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Square Cash App Expands to All 50 US States and Allows All Members to Buy Bitcoin (BTC)

square cash app expands to all 50 us states and allows all members to buy bitcoin btc

Square just announced that with its Square Cash app, all users are now able to buy Bitcoin in all 50 US states. Red, white, and bitcoin. Now you can use Cash App to buy bitcoin in all 50 states. — Cash App (@CashApp) August 13, 2018 Square Ahead of the Competition Square was originally founded by Twitter’s CEO, Jack Dorsey. The Cash App initially rolled out its Bitcoin services months ago but had to go state-by-state to get approval. Recently, it was reported that Square also secured the so-called ‘BitLicense’…

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Crypto Markets Slump Again, With Bitcoin Holding Gains

crypto markets slump again with bitcoin holding gains

Saturday, Aug. 11: after short-lived recovery attempt yesterday, cryptocurrencies have suffered another slump today. Almost all cryptocurrencies are down by significant percentages, with Bitcoin (BTC) being a notable exception among the top 20 market cap, up under one percent on the day. Crypto market visualization from Coin360 Bitcoin is trading sideways, up by about 0.1 percent over the past 24 hours. The cryptocurrency is at the $6,438 price mark as of press time, following a dip to as low as $6,051 earlier today. After surging to about $8,230 on July…

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Crypto Markets Attempt Recovery, Bitcoin Circles $6,500 Support

crypto markets attempt recovery bitcoin circles 6500 support

August 10: Crypto markets are tentatively holding gains today, as they stake their recovery from the week’s earlier plummet. On August 8, total market capitalization had shrunk to $219 billion –– its lowest level since mid-November 2017 –– but today has seen that figure peak as high as $233 billion. Market visualization from Coin360 Bitcoin (BTC) is attempting to hold the $6,500 support at press time, trading at around $6,485 and up a fraction of a percent on the day. The leading cryptocurrency has seen a 24-hour high around $6,610,…

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Bitcoin (BTC) Falls Close to $6,500 After SEC ETF Delay

bitcoin btc falls close to 6500 after sec etf delay

The latest Bitcoin news is that Bitcoin (BTC) has taken a major hit this week and has dragged the rest of the cryptocurrency market down with it. At press time, the total cryptocurrency market is sitting at just above $225 billion, which is $75 billion lower than what it was just two weeks ago. Within the last 24 hours, the crypto market has dropped almost $20 billion. Bitcoin News: Bitcoin (BTC) Struggles According to CoinMarketCap, Bitcoin (BTC) is currently trading at $6,509.67, down -8.50% in 24 hours. For the week,…

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Yale Research Proposes Factors for Crypto Price Prediction

yale research proposes factors for crypto price prediction

Yale University financial experts have suggested a system of factors to predict price trends in major cryptocurrencies, according to an official statement by YaleNews Aug. 6. The new study was conducted by Yale economist Aleh Tsyvinski and Yukun Liu, a Ph.D. candidate in the Department of Economics, and is reportedly the “first-ever comprehensive economic analysis of cryptocurrency and the blockchain technology.” In the paper, the authors intend to provide a “risk-return tradeoff” of major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), according to its historical performance data.…

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