By CCN Markets: The Dow Jones Industrial Average has been moving south for the past one month, and what’s surprising to see is that the price of bitcoin has followed suit. The falling price of bitcoin is in stark contrast to the narrative that the cryp…
By CCN Markets: Bitcoin raged back into a bull market in 2019, leaving the rest of the cryptocurrency market in the dust. While bitcoin is up 178 percent this year alone, Ripple (XRP) and Stellar (XLM), are down more than 15 percent. Despite desperate…
A complete set of first edition Pokemon cards from 1999 just sold at auction for $107,010. Among the set, as any avid Pokemon fan from the ‘90s will remember, is a shiny Charizard – the most coveted card. At this valuation, the first-edition Charizard…
It’s easy to get scared away by the daily volatile movements of bitcoin. Over the weekend, bitcoin jumped 20 percent in a matter of days. Since then, BTC shed over $1,000 before recovering slightly again. It’s a volatile market. But zoom out for a mome…
The bitcoin price pierced $12,000 on Tuesday as traders seek refuge from global instability on traditional markets. As global stock markets reel from the escalating trade war between the US and China, Bitcoin has climbed more than 20% in five days, briefly hitting $12,265 on Coinbase. The move upwards was accompanied by the strongest volume […]
The post Bitcoin Price Explodes Past $12,000, ‘Clear Skies’ to 2019 High appeared first on CCN Markets
Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight. As data from SEO analyzer Sistrix shows, our visibil…
By CCN: China Electronic Information Industry Development (CCID), an agency that works directly under the Ministry of Industry and Information Technology, has released its newest crypto rankings, which saw bitcoin climb up to 12th from 15th. In March, …
By CCN: Bitcoin price will hit $30,000 by the end of 2019, according to Kenetic Capital co-founder Jihan Chu. In an interview with Bloomberg, he points to three bullish factors including the upcoming bitcoin halving, the disappointment of tech IPOs, an…
By CCN: The bitcoin price surged overnight within touching distance of $9,000, carving out a new 2019 high. In just minutes, the bitcoin market cap pushed beyond $150 billion for the first time since May 11th, 2018. But Monday’s price explosion is even…
By CCN: Fundstrat CEO Tom Lee says the ‘crypto winter’ is finally over, offering 13 solid reasons to back up his claim. According to the bitcoin perma-bull, there’s nothing but blue sky between here and his $25,000 price prediction. If he’s right…
By CCN: If you thought bitcoin’s recovery to $8,000 was impressive, take a look at these charts below. While most traders are focused on bitcoin’s price in dollars, the recent surge has propelled bitcoin to all-time highs in Argentina and Sudan’s local…
By CCN: Bitcoin has converted yet another critic. World-famous investor and emerging markets guru Mark Mobius once called bitcoin a fraud. But in an interview yesterday with Bloomberg he appeared to change his mind, saying it was “alive and well.” “There’s definitely a desire among people around the world to be able to transfer money easily and confidentially. That is really the backing to bitcoin and other currencies of that type. So I believe it’s going to be alive and well.” Legendary investor Mark Mobius just flipped on Bitcoin!! “There’s definitely a desire among people around the world to be
The post Legendary Millionaire Investor Pivots from ‘Fraud’ to ‘Alive and Well’ on Bitcoin appeared first on CCN
By CCN: Gold investor Peter Schiff unleashed yet another savage takedown of bitcoin at this weekend’s SALT Conference. Schiff touted the same usual criticisms of bitcoin, calling it a “pump and dump scheme” that has “no value to hold.” But in a particu…
By CCN.com: One of crypto’s biggest venture capital firms is going all in on bitcoin. Heisenberg Capital says it is “doubling down on Bitcoin Maximalism with new capital,” while sounding the death knell for altcoins. We see the market rejecting everyth…
By CCN.com: Bitcoin permabull and Fundstrat Global co-founder, Tom Lee says the worst is over for bitcoin. In an interview with CNBC, Lee said the bitcoin price will likely see a new all-time high in 2020, eclipsing the previous $20,000 mark. Lee is fa…
By CCN.com: Japanese billionaire Masayoshi Son made a huge bet on bitcoin at the top of the market. And lost. The SoftBank Founder reportedly cut a loss of $130 million of his own money by mis-timing the historic cryptocurrency bubble in late 2017. It …
By CCN.com: Heated debates are warming up the icy snow-capped city of Davos during this year’s World Economic Forum. BOE senior adviser yesterday said that cryptocurrencies were worthless. Today, BCG Digital Ventures founder Jeff Schumacher said Bitcoi…
The price of gold futures broke the $1,300 per ounce threshold for the first time since June 2018. Investors are likely moving positions to the gold markets, pushed away from stocks after recent dips. The crypto market capitalization, or the total amou…
Just when it appeared that the cryptocurrency market was about to bottom out just a fortnight ago (with Bitcoin reaching a reported 14-month volatility low), the market subsequently started displaying indicators of a directional shift. Last week howeve…
Mike Arrington, the founder of Arrington XRP Capital, who raised eyebrows in November launching a hedge fund denominated in Ripple, said the hedge fund actually holds more bitcoin than XRP during a CNBC Cryptotrader interview at Korea Blockchain Week. …