Since Bitcoin (BTC) burst onto the global stage in 2009, the cryptocurrency, known for its decentralized, immutable, censorship-resistant, pseudonymous, and borderless nature, has become a medium for transactions of all shapes and size. And just like U.S. dollars and other government-issued currencies, BTC has found use cases in illicit transactions. Whether it be purchasing … Continue reading Bitcoin (BTC) Darknet Transactions Doubled In 2018: Why This Is Bullish
Category: Bitcoin Bearish Market
5 Crypto Predictions for 2019
2018 has been a horrible year for cryptocurrencies. The bear market has seen over 80% declines for BTC and over 90% for most altcoins. With this in mind, today we ask, what can we expect for 2019? More of the same or a market recovery? Here I present to you my top 5 predictions for … Continue reading 5 Crypto Predictions for 2019
Federal Reserve Bank of St Louis Recognizes Bitcoin as Permissionless and Decentralized, Says It’s Not Going to Zero
While the naysayers say Bitcoin’s price is ultimately going to zero, a new report from the St. Louis Federal Reserve examines the long-term prospects for Bitcoin’s price, saying the nascent asset is unlikely to fall to zero. The price of Bitcoin fell nearly 85% in 2018 and is now hovering around $3,700. With such a substantial … Continue reading Federal Reserve Bank of St Louis Recognizes Bitcoin as Permissionless and Decentralized, Says It’s Not Going to Zero
Bitcoin’s Improving Fundamentals Indicate a New Bull Market is in the Making, Weiss Ratings
Martin D. Weiss of Weiss Ratings says Bitcoin shares resemblance with Gold and with gold already bottomed and on its new bull cycle, Bitcoin is not far behind with its fundamentals strong. Meanwhile, he also talks about the upcoming bears in the stock market and if it will affect the “risk-on asset” crypto as well........ … Continue reading Bitcoin’s Improving Fundamentals Indicate a New Bull Market is in the Making, Weiss Ratings
Billionaire ‘Bond King’ Weighs Stocks and Bitcoin, World Bank Forecasts ‘Darkening Skies’ and Federal Reserve Prepares to Press Pause | The Daily Hodl
‘Bond King’ Jeffrey Gundlach, founder of DoubleLine Capital LP, an investment firm with $200 billion under management, gave his 2019 outlook on stocks and Bitcoin during his annual “Just Markets” webcast on Wednesday. Gundlach, who called the stock market sell-off in December 2018, says Bitcoin could bounce 25%. “I don’t recommend anything with Bitcoin, but if … Continue reading Billionaire ‘Bond King’ Weighs Stocks and Bitcoin, World Bank Forecasts ‘Darkening Skies’ and Federal Reserve Prepares to Press Pause | The Daily Hodl
Bitcoin and Crypto Markets Form Fresh Trading Ranges Following Recent Plunge | NewsBTC
Following the cryptocurrency market’s recent plunge that occurred when Bitcoin failed to stabilize above the $4,000 price level, the crypto markets have seen further instability, with many altcoins continuing to drop today. Now, the markets, and Bitcoin in particular, appear to be forming fresh trading ranges that could be highly profitable for risk tolerant traders … Continue reading Bitcoin and Crypto Markets Form Fresh Trading Ranges Following Recent Plunge | NewsBTC
Bitcoin Whales Awaken: What Does This Mean for BTC Price? | NewsBTC
The number of long-dormant Bitcoin wallets becoming active once again is rising according to a crypto research group. According to those compiling the data, this could pave the way for large price moves. Other times during Bitcoin’s history where a large percentage or long-dormant wallets have “awakened” have corresponded with dramatic moves to the upside. … Continue reading Bitcoin Whales Awaken: What Does This Mean for BTC Price? | NewsBTC
10 Year Anniversary of Hal Finney’s Running Bitcoin Tweet: Rapid Growth
The late cypherpunk and cryptographer had just become the first person to receive the digital currency from its creator Satoshi Nakamoto himself. But more importantly, he had become the first person to trust bitcoin for its immense potential. He would run its code, review its anonymity and environmental drawbacks, suggest changes, and would entirely immerse … Continue reading 10 Year Anniversary of Hal Finney’s Running Bitcoin Tweet: Rapid Growth
Bitcoin’s Price Plunges to $3,850 as Crypto Market Loses $8 Billion in Sudden Drop
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New York Lawmakers Highlight Potential of Bitcoin, Ethereum, Ripple and Litecoin, Create New Crypto Task Force
New York is now home to the first crypto task force in the United States. Governor Andrew Cuomo of New York State has signed the Digital Currency Study Bill, which creates a digital currency task force to explore the effects of digital currencies on financial markets in the state. The task force, whose members are appointed … Continue reading New York Lawmakers Highlight Potential of Bitcoin, Ethereum, Ripple and Litecoin, Create New Crypto Task Force