Did Tether (USDT) Really Manipulate the All-Time Price Highs of Bitcoin (BTC)?

Tether (USDT) & Bitcoin (BTC) – A new study has surfaced this morning putting Tether in the negative spotlight once again. Last December, Tether was subpoenaed by the U.S Commodity Futures Trading Commission to provide proof that the digital currency was in fact back by a reserve of U.S. dollars. Bitfinex was also subpoenaed due to […]

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Are Day Traders Ruining Bitcoin (BTC)? Short-Term Speculators on the Rise

Bitcoin day traders appear to be on the rise. The Financial Times reports that there is as much Bitcoin (BTC) owned by short-term speculators as there is by HODLers, or long-term investors, now. Bitcoin Day Traders Catching Up Blockchain research company Chainalysis discovered the Bitcoin data. This data shows that the amount of BTC held […]

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The Potential Launch of Bitcoin ETF’s Could Push the Coin Price higher

The launch of Bitcoin ETF’s could drive Bitcoin (BTC) price higher. Although the SEC has previously denied permitting Bitcoin ETF trading, two asset management firms have collectively submitted a new application to introduce regulated Bitcoin ETF’s (Exchange-Traded Funds). SolidX Management LLC and New York-based asset manager Van Eck Associates Corp said their new product would […]

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Bitcoin’s Energy Footprint Has Doubled – And it Might Not Stop

Planet Earth has overcome many challenges in its lifetime. Now it faces a new one: Bitcoin’s energy footprint. The challenge comes courtesy of a new peer-reviewed study, released on Wednesday, June 6, 2018.  Bitcoin’s Energy Footprint – What You Need to Know Six months ago, Grist, an environmental magazine, wrote about Bitcoin’s energy footprint. Fast […]

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Bitcoin isn’t a Panacea, XRP is Better than BTC – Brad Garlinghouse says

Bitcoin (BTC) is a perfect store of value, but it’s not a Panacea that could solve all the global financial problems, according to Ripple CEO Brad Garlinghouse. Brad Garlinghouse – who previously predicted that only a few altcoins would exist in the next few years, now says Bitcoin doesn’t have the potential to become the global […]

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Bitcoin Needs a New Narrative to Restore Confidence, Analysts Say

Bitcoin News: Bitcoin (BTC) obsession has been declining at a staggering pace since the start of this year; the largest coin couldn’t sustain trader’s attention and the confidence that it had attained in the final quarter of last year. Cryptocurrency market analysts are blaming declining trader’s interest for the bearish trend over the last couple […]

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Tom Lee Says Bitcoin Bears are Wrong About Three Things

According to Tom Lee, Bears aren’t accurately reading declining volume, tumbling Google search trends and prospects for the price crash. Indeed, Fundstrat’s Tom Lee believes Bitcoin is offering a strong buying opportunity for long-term investors, as he expects the largest coin to trade around $25K by the end of the year. Bears emphasize that a […]

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Bitcoin [BTC] Google Searches Down 75% in Six Months

Bitcoin (BTC) – Web searches for the word ‘Bitcoin’ have dropped around 75% since the beginning of 2018, according to Google Trends. Source: GoogleTrends Google Trends analyzes different ‘periods of popularity’ for individual web searches. The value of ‘100’ on their site is given to a specific term that is being searched at its peak […]

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Bitcoin Bubble is One Stage Away From Bursting, Federal Reserve Advisor Says

Is Bitcoin (BTC) a real asset or bubble? This question is a continuous discussion. Economists and market pundits have been closely watching Bitcoin mania; some of them are comparing it to teh Dutch Golden Age Tulip Mania, while a few are showing confidence in its future fundamentals. The debate over the shocking Bitcoin price movement […]

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Bitcoin Price Offers a Buying Opportunity, Analysts Say

Bitcoin Buying Opportunity?: Has Bitcoin price reached the bottom of the recent bearish cycle? Market pundits were predicting that Bitcoin price had hit the bottom of the bear run earlier this week when the coin traded at around the $7,000 level; saying the cryptocurrency markets are undervalued following the most recent selloff. Source Image: coinmarketcap.com Buying […]

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Yale’s Robert Shiller Is Pessimistic About Bitcoin Price

Bitcoin (BTC) will eventually die: Nobel Prize-winning economist Robert Shiller gave interesting but pessimistic remarks which shatter Bitcoin’s price fundamentals. The Bitcoin price bull-run seems to have paused after increasing skepticism from economist and technical analysts; they continue revealing bearish outlooks for Bitcoin in both the short and the long-run. Source Image: coinmarketcap.com Robert Shiller – […]

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