Bitcoin Price in Free Fall - Someone is Having Fun
Someone is playing with the Bitcoin price. In the last couple of days, the Bitcoin price has jumped up and down rigorously from 610 USD to 680 USD per Bitcoin. Four hours ago it dropped with more than 50 USD. There has not been any significant news that could explain the sudden rise or sudden fall of the Bitcoin price. The actions taking place seems to be marked driven with a pure trading goggle. The question is who's pumping and dumping. Everyone? Bitcoin has its enemies. Some of its enemies are the most powerful enemies one can have. A few countries haven't taken a very hostile approach....
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The Bitcoin price is continuously on the move. Last week it looked like we were about to experience a new bull race. Unfortunately for many Bitcoin investors, that does not look like to be the case. The Bitcoin price peaked November 13th at 453 USD per Bitcoin, before it dropped to 369 USD per Bitcoin. Since then it bounced back up to 415 USD and is now on a free fall down to 355 USD per Bitcoin. The question is now, what will happen to the Bitcoin price in the coming days? Will it continue to fall to 330 - 300 USD per Bitcoin, will it stabilize itself, or is this just a bear trap? What do....
The Chinese government along with its Central Bank have taken extraordinary measures to halt the free-fall of its stock markets. But while these measures appear to have stopped the bleeding for now, is government intervention the right solution for the world’s second largest economy? Or will it ultimately hurt the overall confidence of investors and the public towards Chinese markets and force money to flee to other asset classes such as gold or virtual currency? Former Fed Chairman Alan Greenspan was perceived to be so market friendly and communicated such to the markets that most....
Bitcoin price has been in free fall mode, plummeting sharply from $65,000 to now under $50,000 for the first time since March. Bitcoin Price Falls Under $50,000 Briefly Bulls at the moment have pushed Bitcoin price back up more than $1,200 as orders at $50,000 filled for the first time in a month. Related Reading […]
Ethereum has just entered free fall. The second most popular cryptocurrency plunged nearly 20 percent at the time of writing to trade at $5.88 to the ETH, compared with its position 24 hours earlier on the Poloniex exchange. Ethereum has been constantly falling and as the chart below shows, the cryptocurrency has fallen from its previous level of $12 at the end of October 2016 to nearly half of that as of Dec. 6, 2016. Why is Ethereum floundering? Ethereum has been plagued by disaster ever since it came into being. The cryptocurrency has undergone at least four hardforks, which have left....
Ethereum price is continuing to fall. It is currently traded at the long-term correction peak. Is there a way for the price to go up? USDTETH. Fall in demand. The fact that Ethereum price could settle at $300 just confirms the upward trend is weak. This mark is important for growth since it was the point of the biggest offer. It wasn’t able to uphold, so obviously the supply surpassed the demand. But at the moment, the fall in demand seems to be temporary. Sharp upward impulses after sharp fall only prove that. According to Vitalik Buterin, the Ethereum network development influences the....