Category Archives: Bitcoin Analysis

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Bitcoin Records 7% Increase as Cryptocurrency Market Rebounds From Yesterday’s Losses

Bitcoin Records 7% Increase as Cryptocurrency Market Rebounds From Yesterday’s LossesAfter dipping below $6,500, the price of bitcoin has increased 7 percent to $7,100, as the rest of the cryptocurrency market recovered over the past 24 hours. Since March 30, the valuation of the cryptocurrency market rose from $250 billion to $268 billion, by around… Read More »

What Does the Dow Jones Toppling Mean for Cryptocurrencies?

What Does the Dow Jones Toppling Mean for Cryptocurrencies?There were heavy losses in US markets on Thursday after President Trump announced the implementation of significant new tariffs on China as early as next weeks. These tariffs will amount to approximately $50 billion on a yearly basis for Chinse exports. There is widespread fear that China will… Read More »

Bitcoin Drops to $8,030 as Cryptocurrency Market Continues to Slump

Bitcoin Drops to $8,030 as Cryptocurrency Market Continues to SlumpThe price of bitcoin dropped by over 9 percent in the last 24 hours, as it declined from around $9,100 to $8,030. The valuation of the cryptocurrency market, which hovered in the $400 billion region last week, decreased to $336 billion. All Cryptocurrencies Decline Today’s correction… Read More »

Bitcoin Briefly Drops to $9,000: Factors Behind the Decline

Bitcoin Briefly Drops to $9,000: Factors Behind the DeclineOn March 8, the price of bitcoin dropped to $9,000, after reaching $11,000 merely 48 hours ago. Analysts have attributed three major factors to the decline in the price of bitcoin: Mt. Gox sell off, SEC announcement, penalization of Japanese exchanges. Mt. Gox Trustee Sell-Off According to… Read More »

An Interview with a Crypto-ATM Manufacturer: Bringing Bitcoin ATMs to Every Corner

An Interview with a Crypto-ATM Manufacturer: Bringing Bitcoin ATMs to Every CornerThe post An Interview with a Crypto-ATM Manufacturer: Bringing Bitcoin ATMs to Every Corner appeared first on CCN Chicago, IL – CCN correspondent Eric Eissler had a chance to sit down with Chief Operating Officer Benjamin Weiss of CoinFlip at its Chicago headquarters to learn… Read More »

Bitwise Exec Predicts Trillion Dollar Crypto Market Cap this Year

The post Bitwise Exec Predicts Trillion Dollar Crypto Market Cap this Year appeared first on CCN Matt Hougan has made a career shift from ETFs to cryptocurrencies. He jumped from the traditional fund market to a cryptocurrency index-fund manager, a market he described to Bloomberg as a “generationally significant opportunity with interesting challenges.” He joins… Read More »

Cryptocurrency Market Continues Rebound, Reaches $420 Billion Valuation

The post Cryptocurrency Market Continues Rebound, Reaches $420 Billion Valuation appeared first on CCN For two straight days, the cryptocurrency market has continued to demonstrate signs of short-term recovery. Although volumes remain low, the price of most major cryptocurrencies like bitcoin, Ethereum, Ripple, and Bitcoin Cash remain relatively high. Bitcoin Earlier today, on Feburary 13,… Read More »