
BitPay Crashes Bitcoin Price? Why The Price is Falling
2014 will be the year flooded with the tears of speculators. Falling prices this past year have lead to many theories regarding price. One of the most recent is a rehash of the very old - Any service like BitPay crashes the bitcoin price. Founded in 2011, BitPay is the leading payment service provider (PSP) specializing in the peer-to-peer virtual currency Bitcoin. Over the past four years, they have provided merchants the means of accepting bitcoins without the risk of price volatility. BitPay interfaces with merchants like a credit card. From the merchant's perspective, it's just another....
Related News
Ethereum continues to struggle after falling below $3,000. This price point was critical for bulls to hold and ever since bears dragged the price below it, it has been a continuous display of dips and crashes. For a cryptocurrency like Ethereum, there are resistance and support levels that are very important for the digital asset. One of those support levels sits just above $2,500. So far, the digital asset has managed to maintain above this point. This shows that bulls are mounting significant support. However, with momentum falling and selling pressure up, it remains shaky at this point.....
Recent analysis reveals that the Shiba Inu price has formed a Falling Wedge pattern and is on the verge of breaking above it. Technical indicators suggest that SHIB could embark on a massive rally once this breakout occurs, as analysis predicts a price surge of over 250% in the coming months. Shiba Inu Price Gears Up For 250% Rally Shiba Inu (SHIB), the second-largest meme cryptocurrency by market capitalization, is showing signs of a potential breakout to the upside. A crypto analyst identified as Rose Premium Signals on X (formerly Twitter) highlighted that SHIB is currently....
The bitcoin price has plunged below $250 and appears to be falling further, as sell orders pile up at major exchanges. The price opened the day at $267.08, but quickly fell after just two hours of trading. Soon after 3am (GMT), the price plunged through the $250 mark, which market watchers see as an important psychological barrier for the price. The price held steady, but then plunged again about seven hours later, at around 10am. The price then fell about $14 to fall under the $230 mark, according to the CoinDesk Bitcoin Price Index. At press time, it stood at $226. Market-watchers have....
The Dogecoin price displays strong bullish signals after breaking out of a Falling Wedge formation. The breakout and a successful retest of the wedge pattern have fueled optimism of a potential price rally, with a crypto analyst forecasting a 50% jump to new highs soon. Falling Wedge Breakout Signal Dogecoin Price Rally Dogecoin has been […]
The 'Bitcoin Bowl' agreement entered between BitPay and ESPN is probably the most important step ever for public acceptance of Bitcoin. Jeff Stone,writing in The International Business Times, reminds us that the biggest battle that Bitcoin faces is that of public acceptance. The 'Bitcoin Bowl' agreement has the potential to: "To win over a public still skeptical of digital currencies and to get some good headlines in a year marked by bad press for its falling price and bankruptcy scandals, Bitcoin promoters are turning to America's favorite pastime - football." The agreement between BitPay....