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After the Futures: The Next Chapter for Bitcoin

4 months ago adcity 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

4 months ago adcity 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

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

4 months ago adcity 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

4 months ago adcity 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

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

4 months ago adcity 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

More to Come? Bitcoin Sets Record High Near $18k

4 months ago adcity Comments Off on More to Come? Bitcoin Sets Record High Near $18k
Having successfully defended $16,000 earlier this week, bitcoin regained bid tone today and clocked a fresh record valuation above $17,800. The cryptocurrency rose to a new lifetime high of $17,801.94 at 10:30 UTC, erasing the previous record high of $17,631.42 set on Dec. 12, as per CoinDesk’s Bitcoin Price Index (BPI). Bitcoin (BTC) has spent Read More

$15,000: Is There a Limit to Bitcoin’s Meteoric Rally?

5 months ago adcity Comments Off on $15,000: Is There a Limit to Bitcoin’s Meteoric Rally?
Bitcoin’s stellar run continues with prices leaping one major psychological hurdle after another. At 11:00 UTC today, the world’s largest cryptocurrency by market value reached a new lifetime high of $15,058, according to CoinDesk’s Bitcoin Price Index (BPI). In the last 24 hours, bitcoin (BTC) has appreciated by more than $2,000. As per CoinMarketCap, gains Read More

Bull Trap? Bitcoin Cash Price Is Up, But Gains May Be Short-Lived

5 months ago adcity Comments Off on Bull Trap? Bitcoin Cash Price Is Up, But Gains May Be Short-Lived
Bitcoin cash (BCH) is well bid today, but a close look at the numbers indicates the positive move could be deceptive. Prices dropped for the third straight day yesterday, signaling a transient victory for the bears in the ongoing tug of war with the bulls. Looking like it would head lower towards $850 (Nov. 17 Read More

Moving Up: IOTA Overtakes Ripple, Finds New Price Base

5 months ago adcity Comments Off on Moving Up: IOTA Overtakes Ripple, Finds New Price Base
Following an astonishing rally in recent days, the IOTA bulls look to be having a breather. IOTA exploded earlier this week, likely due to a newly announced partnership with Microsoft, Samsung and others for the launch of a data marketplace for the internet of things. The cryptocurrency, which was trading below $1 around 10 days Read More

Bitcoin’s Price Just Jumped $1,000 in 24 Hours

5 months ago adcity Comments Off on Bitcoin’s Price Just Jumped $1,000 in 24 Hours
The price of bitcoin passed the $12,000 mark for the first time ever last night, and currently shows little sign of stopping. Soon before press time, the number one cryptocurrency by market capitalization had peaked at a new all-time high of $12,798.78, as per CoinDesk’s Bitcoin Price Index. Somewhat astonishingly, with today’s low being $11,670, the Read More