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Bitcoin Price News

‘Gut-Wrenching’ Bitcoin Price Decline Driven by Futures Traders: Fundstrat

The bitcoin price has experienced a “gut-wrenching” decline in 2018, and Wall Street strategy firm Fundstrat believes it has finally identified the reason why. Writing in a recent note to clients, Fundstrat founder Tom Lee stated that the bitcoin price tends to decline leading into futures expiration dates, suggesting that these products are a major The post ‘Gut-Wrenching’ Bitcoin Price Decline D...
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Billionaire Investor Explains Why Bitcoin Price Will Hit $250,000 by 2022

Billionaire venture capitalist and investor Tim Draper has long been one of cryptocurrency’s biggest bulls, and that has not changed during the first half of 2018, even as the bitcoin price has sunk more than 67 percent from its all-time high. Draper, as CCN reported, has predicted that the bitcoin price will reach $250,000 by The post Billionaire Investor Explains Why Bitcoin Price Will Hit $250,...
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Crypto Market Rebounds as SEC Clarifies Bitcoin and Ethereum are Not Securities

The cryptocurrency market has rebounded from $271 billion to $291 billion, by more than $20 billion in the past 24 hours, as the US Securities and Exchange Commission (SEC) clarified that Bitcoin and Ethereum are not considered as securities under the laws of the US. SEC Statement Recovers Ether At the Yahoo Finance All Markets The post Crypto Market Rebounds as SEC Clarifies Bitcoin and Ethereum ...
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Bitcoin Price Bounces From $6,100 to $6,500, Market Buys Breathing Room

The bitcoin price has demonstrated a short-term corrective rally from $6,100, rebounding to $6,500 over the past 24 hours, rising by around 6.5 percent. Small cryptocurrencies and tokens followed the price movement of bitcoin on the upside. Strong Oversold Condition The latest corrective rally of BTC and its swift recovery from $6,100 to $6,500 can The post Bitcoin Price Bounces From $6,100 to $6,...
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Newsflash: Bitcoin Price Sinks to $6,107 as Sell-Off Continues

The bitcoin price continued to barrel through support levels on Wednesday, pushing the flagship cryptocurrency within about $100 of its year-to-date low. Bitcoin had entered the day on a downward trajectory, and — to no one’s surprise — continued to shed weight throughout the morning and early afternoon. At approximately 16:22 UTC, that decline became The post Newsflash: Bitcoin ...
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Bitcoin Price was Manipulated by Tether, Researchers Claim

Market manipulators used Tether’s USDT token to artificially inflate the bitcoin price during 2017’s prolonged bull run. That’s according to explosive new research from University of Texas finance processors John Griffin and Amin Shams, best known for identifying suspicious activity in the VIX last year. Writing in a 66-page report titled “Is Bitcoin Really Un-Tethered?,” The post Bitcoin Price wa...
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Bitcoin Price Could Reach Further Lows Below $6,000: Analyst

Ran Neu Ner, founder of Onchain Capital, and host of Cryptotrader on CNBC Africa was on CNBC’s Fast Money offering his prediction that bitcoin is likely to see further downward movement relative to the US dollar, possibly going as low as $5,900 USD. The problem, according to Neu Ner, is not to do with any The post Bitcoin Price Could Reach Further Lows Below $6,000: Analyst appeared first on...
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Newsflash: Bitcoin Price Falls Below $6,400 to Hit 4-Month Low

Bitcoin price fell to its lowest point since February 6th on Wednesday to hit $6,371 (Bitfinex) in a slide near its year-to-date low amid a continuing struggle to find a stable support level. The days following ‘Bloody Sunday’, wherein the cryptocurrency market lost over $40 billion over the weekend, have seen continued depreciation for all The post Newsflash: Bitcoin Price Falls Below $6,400 to H...
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Newsflash: Ethereum Price Dips Below $500 as Bitcoin Nears Year-to-Date Low

The cryptocurrency market took another downward turn on Tuesday, driving the ethereum price below $500 and the bitcoin price one step closer to its year-to-date low. The majority of large cryptocurrencies had entered the day on a slight upswing, enabling them to regain a small amount of the ground that they lost when “Bloody Sunday” The post Newsflash: Ethereum Price Dips Below $500 as...
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Cryptocurrency Market Inches Near $300 Billion in Gloomy Outlook

The cryptocurrency market has slightly rebounded by about 2 percent, from $290 to $296 billion, as major cryptocurrencies like Bitcoin and Ethereum increased by 1 to 3 percent in value. Still, the market is demonstrating a bearish trend and shorts on exchanges like Bitfinex have surged by large margins over the past week. Bear Cycle The post Cryptocurrency Market Inches Near $300 Billion in Gloomy...
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