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Bitcoin Price Analysis January 16, 2016

Beijing Now Controls the Price of Bitcoin Bitcoin kicked off the new year at lofty levels of $1139, inches away from gold parity – depending on which exchange you looked at. The digital currency surprised critics last year, scooping pole position for best performing currency and commodity class of 2016. Bitcoin investors took home 125% returns at close of December ... Read More »

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Bitcoin Price Analysis For January 8th, 2017

Bitcoin price continued rising during the past week to score a high of around $1139.89 on bitstamp last Wednesday. Just after the week’s high was recorded, a downwards price correction wave pulled price down to a low of $812, before rising again to $903 at the time of writing of this article. So, the bullish wave, that has been fueling ... Read More »

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Phishing Attacks on Bitcoin Wallets Surge as Bitcoin Price Skyrockets

During the past 24 hours, bitcoin price exceeded the $900 mark for the first time during the past 3 years. The reason behind this recent price surge is not completely clear, especially that the value of bitcoin has increased by more than 100% in less than 6 months. Whenever the price of bitcoin surges, cybercriminals’ interest in cryptocurrencies in general ... Read More »

Bitcoin price analysis for December 23rd 2016

Bitcoin’s $ 1000 Gifts for Christmas As I am writing this, I am overwhelmed by the performance of Bitcoin, mostly over the past 48 hours. Bitcoin has spun up a surprise for the world, and there is more to come over Christmas. Few assets would go up more than 50% within a year, after a 3 year bear market that ... Read More »

Bitcoin Price – What To Expect During Trump’s Era?

According to many economists, Trump’s administration will change the face of the US economy significantly. During his victory speech, Trump promised to promote the growth of the US economy via a “great economic plan”. Along his presidential campaign trail, Donald Trump plotted his economic strategies and positions which included a major tax revamp plan, renegotiation or breaking the North American ... Read More »

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Bitcoin Price analysis 30th November 2016

Bitcoin Price Hits a New $1000 high on Indian Exchanges Bitcoin was back on the headlines this week, reasserting itself as the asset of choice for Indians seeking a safe haven asset class. While on most days it’s China, this week demand peaked in India, where an official ban on 500 and 1000 rupee paper notes by Prime Minister Modi ... Read More »

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Bitcoin Price Analysis 15 November

Bitcoin Trades Higher on Trump Win This week the US Elections took centre stage globally. The shocking news of an imminent Trump election victory, rattled mainstream markets across the globe, sending investors into safe refuge assets beyond stocks and bonds. While the stock markets temporarily nosedived, Bitcoin and gold went up 3% to $740 and 4% to $1136 respectively, hours ... Read More »

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Chinese Financial Regulations & SegWit Release Continue to Push Bitcoin Price

The adoption rate of Segregated Witness (Bitcoin Core 0.13.1 release) is rapidly growing and the demand for bitcoin from Chinese buyers and investors is gradually increasing. Experts predict this trend will allow bitcoin to reach $800 by the end of November. Although some developers and cryptocurrency enthusiasts suggest that Bitcoin Core releases and the team’s scaling solutions have a minimal ... Read More »

The Price for your Hacked Medical Records Just Went Down

Leaked data stories have flooded the news lately as the rise in cyber related crimes has sky rocketed. It got so bad at one point, medical records were a prime target. Hackers might start thinking twice about putting in the work to retrieve those files of private data now. A recent study by the Institute for Critical Infrastructure Technology and ... Read More »

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Bitcoin Price Analysis 3 November, 2016

This week, the price of bitcoin traded 19% higher month on month, after consolidating at $650, before an exponential rise to $740. Traders are acutely aware the infamous digital currency is closing in on its 2016 pre-halving high. Media coverage of bitcoin’s phenomenal rise continues to fueled excitement. Meanwhile, core developers will officially activate SegWit 0.13.1 soft fork option on ... Read More »

Bitcoin Price Analysis 25 October 2016

Over the past 2 weeks, Bitcoin traded sideways for a 6 days below $640, before selling off to a rising support at $625. Over the past 4 days however, Bitcoin rallied 4% back to testing $650 – $655 resistance level, cruising through the weekend on a delectable bounce off support. Chinese exchanges made new highs, on the back off Yuan ... Read More »

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Bitcoin Price Analysis 11th October 2016

Bitcoin Price Analysis 11 October 2016 In the past 2 weeks the Bitcoin price displayed resilience by rising up gradually from $595 on September 28 to $615 on Bitstamp as of writing this. The series of higher highs and higher lows is a convincing start to the $800 + price target traders project. Experts all seem to agree price is ... Read More »

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Bitcoin Price Analysis 28 September 2016

This week the mood around Bitcoin was frenetic and bullish, with great news coming out from fundamentals and price technicals. A Bitcoin report bumped up its Bitcoin price valuation to $850 citing improved fundamentals. Public blockchains also got a boost at the Global Blockchain Summit in Shanghai despite the massive proliferation of private distributed ledger consortiums. Bitcoin is back! Much ... Read More »

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Bitcoin Price Analysis for Tuesday September 13 2016

In the past 2 weeks, the price of Bitcoin made a surprising run up, breaking past the famed $600 level to a $630 high. The market was awakened after a prolonged dull sideways trend, and drew out traders now calling for a run up to $700. All was going well until September 12, when a sharp sell off down to ... Read More »

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Bitcoin Price Analysis August 30

This week, the price of Bitcoin continued its sideways trading within the $20 range that has been active since August 6th. Bitcoinmarkets exhibited weakness overall, leading to a failed attempt at $585 to last week’s expected break of $600. This month’s price action resembles the pattern from the beginning of June to the end of July 2016, right before price ... Read More »