Taking Bitcoin off Market, ‘Hodling’ Best For Rise In Bitcoin Price?
As earlier reported, corporate institutions have started hoarding Bitcoin to pay ransoms in the event of cyber criminal attacks which could lead to ‘hodling’ - or holding onto - the top digital currency, it is not clear if this trend is having a strengthening effect on the value and price of Bitcoin. For quite some time, buying and stocking Bitcoin for use as a store of value has been the best option to increase its market value or to encourage the frequent use of the currency, freely and on a regular basis, has been a subject of debate with varying perspectives to it. Hold. The best way....
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The LTC price experienced gains greater than 6.5% today. The price climbed from the low of $1.65 to reach above $1.75 as the 24hr chart reveals. Higher levels are to be reached if the bullish outbreak continues. As usual, the patterns noticeable in the LTC price charts are similar to the ones we see in the BTC/USD ones. As the BTC market 'welcomed the bulls' yesterday, LTC/USD jumped on the upward wagon as well. Buying pressure finally seems to be overwhelming the previous bearish mood of the market. Bullish overturn in LTC Price. As the latest movements indicate, the LTC price is....
Bitcoin continues to grow strong against the greenback as bulls utilize every correction to enter the digital currency, which is now trading at $280. Smart investors have been increasing their positions in Bitcoin ever since it plummeted below $200 in January this year. Investors can look forward to more gains as Bitcoin is giving promising signs to head higher and take out its immediate resistance of $280. The analysis done on the 240-minute BTC/USD price chart above makes for a strong bullish case. The cryptocurrency is taking another shot at taking out and sustaining above $280, after....
Recently, Ripple-the electronic payment protocol-has experienced a market cap surge due to an increase in the price of its native currency, XRP. Despite CCN's predictions, the XRP price has continued to march in the right direction. During the past month, the XRP price rose more than 200%, expanding Ripple's market cap and leaving litecoin in the dust. Now, Ripple has moved past Litecoin in CoinGecko's comprehensive cryptocurrency rankings, indicating that Ripple's market cap placement is well-deserved. Also read: XRP Price Rise Solidifies Ripple as Crypto's #2 by Market Cap. XRP Price....
The bitcoin price has risen by nearly $30 since our last price piece and is hovering around $650 USD. Many enthusiasts are taking the price jump as a sign that bitcoin is rising back to the top, and that $700 isn’t too far off the mark. Bitcoin Price to Hit $700 in New Bull Rally? In our recent examination of bitcoin’s activity, analysts expressed difficulty in determining whether the currency would move up or down. It appears the bulls have taken the lead yet again, as bitcoin broke through resistance levels to rise faster than it has in some time. One source explains that last week’s....
The price of bitcoin is rallying once again, spiking abruptly by $16.50 across major exchanges on the CoinDesk USD Bitcoin Price Index (BPI) over a 15-minute period yesterday. The movement began at 23:15 and ended at midnight UTC when the price hit a high of $418, with the largest movements taking place from 23:15 to 23:30. At press time, prices were once again on the rise, pushing the digital currency's value to a one-month high of $421.83, its highest total since 5th November. Experts were less certain about the reason for the price escalation, with theories ranging from the continued....