Bitcoin

Top 10 Companies of the Blockchain Industry in 2017

3 weeks ago 7ring Comments Off on Top 10 Companies of the Blockchain Industry in 2017
2017 was definitely the year of Blockchain and cryptocurrencies. Bitcoin has surged from more than $950 at the beginning of the year to as high as $20,000. The total market capitalization of all the cryptocurrencies hit the $600 bln mark in December. We also saw an enormous growth in the number of the Initial Coin Offerings – from Read More

After the Futures: The Next Chapter for Bitcoin

1 month ago 7ring Comments Off on After the Futures: The Next Chapter for Bitcoin
Charles Hayter is a former equities analyst at Citi and the CEO and co-founder at CryptoCompare.com, an informational resource for the world of cryptocurrencies. The following article is an exclusive contribution to CoinDesk’s 2017 in Review series. On the ninth anniversary of Satoshi Nakamoto’s white paper, one of the world’s most respected derivatives providers, the CME Group, announced Read More

Cleaning Up the Crypto Markets: A Job for 2018

1 month ago 7ring Comments Off on Cleaning Up the Crypto Markets: A Job for 2018
Scott Ryan is a credit analyst and avid follower of the cryptocurrency markets. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. First things first: I’m quite fond of the Wild West environment in which we currently operate – the excitement and uncertainty are unparalleled by a night at the casino, let alone the Read More

Michael Novogratz: “Bitcoin May Dip to $8K” — Puts Crypto-Hedge Fund on Hiatus

1 month ago 7ring Comments Off on Michael Novogratz: “Bitcoin May Dip to $8K” — Puts Crypto-Hedge Fund on Hiatus
Finance The financial mogul Michael Novogratz, a former Fortress Investment Group executive, stated back in September that he planned to start a cryptocurrency hedge fund. Now according to reports, the former macro trader is putting the hedge fund on hold as he’s not as confident as he once was, regarding bitcoin’s price. Novogratz believes the price Read More

Doing a 180 – Goldman Sachs Goes Crypto

1 month ago 7ring Comments Off on Doing a 180 – Goldman Sachs Goes Crypto
Featured The Year of Bitcoin continues to get more interesting, as reports surfaced today that legacy bank Goldman Sachs will open a cryptocurrency trading desk by mid 2018. It’s a momentous occasion for many reasons, but not least of which is the  influence the bank carries in terms of respect within the industry.  Also read: Read More

Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash: Price Analysis, December 20

1 month ago 7ring Comments Off on Bitcoin, Ethereum, Bitcoin Cash, Ripple, IOTA, Litecoin, Dash: Price Analysis, December 20
The views and opinions expressed here are solely those of authors/contributors and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. When stock prices of companies surge, just by adding the word ‘cryptocurrency’ or ‘Bitcoin’ to their name or Read More

How Low Can Bitcoin Go? Charts Hint $11k in Play

1 month ago 7ring Comments Off on How Low Can Bitcoin Go? Charts Hint $11k in Play
Bitcoin is increasingly looking topped-out as excitement fades over the recent launch of the first futures products to focus on the cryptocurrency. As per CoinDesk’s Bitcoin Price Index, the cryptocurrency was last seen trading at $17,000, down from the record high of $19,783 set on Dec. 17. Overall, bitcoin has depreciated by 4 percent in the Read More

$2,300 and Rising: Bitcoin Cash Eyes Gains Against Bitcoin

1 month ago 7ring Comments Off on $2,300 and Rising: Bitcoin Cash Eyes Gains Against Bitcoin
Bitcoin cash scaled new heights today and looks solidly bid against its rival bitcoin (BTC). As per CoinMarketCap, the world’s third-largest cryptocurrency by market capitalization toppled its previous record high of $2,477.65 (Nov. 12 high) and rose to a new record of $2,501.29 at 09:44 UTC today. Bitcoin cash (BCH) was last seen trading at Read More

Bitcoin Hits $20,000 Per Coin, Capping Year of Enormous Growth

1 month ago 7ring Comments Off on Bitcoin Hits $20,000 Per Coin, Capping Year of Enormous Growth
Bitcoin has cemented its glory year by hitting $20,000 barely a month after achieving five figures for the first time. After several weeks of considerable volatility, mixing rapid growth with sudden declines, momentum finally boosted Bitcoin to its new historic high. Outperforming almost everyone’s expectations in 2017, Bitcoin prices received a decisive push from Wall Read More

Sell the News? Bitcoin Price to Test $20k Ahead of CME Launch

1 month ago 7ring Comments Off on Sell the News? Bitcoin Price to Test $20k Ahead of CME Launch
The upside move in bitcoin has gathered traction this weekend as investors brace up for BTC futures launch by the CME. As per CoinDesk’s Bitcoin Price Index (BPI), the world’s largest cryptocurrency by market capitalization rose to a new all-time high of $19,783.06 at 12:14 UTC today. Bitcoin (BTC) has appreciated by 10 percent in Read More