Bitcoin Price Wobbles As Trump China Trade Dispute Hits Asian Markets

Bitcoin price was displaying fresh volatility May 6 as global political and economic factors sparked broad uncertainty across markets. Bitcoin Comes Down From Weekly High Data from cryptocurrency exchange Bitstamp, which tends to act as a lower benchmark for Bitcoin markets, put the cryptocurrency trading around $5600 at press time. Bitcoin is down around 1.8 […]

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Bitcoin Price Drops Again, But Tone Vays ‘Still Short-Term Bullish’

Bitcoin price dropped even further November 23, but the lows did not stop one analyst turning bullish on Bitcoin’s short-term future. ‘Punishing Traders’ In his most recent market analysis, veteran commentator and trading guru Tone Vays described BTC/USD 00 trending further towards $4000 as “punishing over-leveraged traders.” “I still think this is a scare; I […]

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Roubini and Vays Continue to Spar Amid Cryptocurrency Carnage

Nouriel Roubini recently predicted that Bitcoin would drop to zero. Amid Monday’s drop in price, Roubini and Tone Vays predictably continue to feud. On November 16th, Bitcoinist reported on NYU professor Nouriel Roubini’s Twitter proclamation in which he said, “I could gloat about Bitcoin collapsing 10% in a day to $5700. But that is still […]

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‘HODLers Be HODLing’: 55% Of Bitcoin Sits in Multimillion Dollar Wallets

Over half the Bitcoin supply sits in wallets holding over 200 coins ($1.25 million), indicating faith among major bagholders remains, new research released September 17 suggests. Diar: Investors ‘Keeping The Faith’ The data, compiled by cryptocurrency market research newsletter Diar in its latest weekly edition, echoes similar findings from industry researchers appearing throughout 2018. Despite […]

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