The Bumpy Road Before The Boom And Why Bitcoin Is About To Breakout
We take a look at various influences keeping the short term price down that also contribute to long term bullishness.Last Week In Bitcoin is a series discussing the events of the previous week that occurred in the Bitcoin industry, covering all the important news and analysis.SummaryDespite briefly dipping below $30,000 earlier in the week, the last week has been relatively steady for bitcoin. Although nothing major happened to either give the bitcoin price a boost or to push it off a cliff, the market bounced back with relative ease after briefly dropping just below $29,000 on some....
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Bitcoin proved its store-of-value narrative in 2020, but its growth could bring increased regulatory scrutiny in 2021. The post Bitcoin’s Strong 2020 Could Bring A Bumpy 2021 appeared first on Bitcoin Magazine.
The bitcoin price has stayed at the breakout level all last week. This sideways activity has added to fundamentals and political factors that support the next up rally from $650 to $820. So, while not much has happened in the last week, don’t lose sight of the rally just yet. Current indicators point to higher levels, but prices have remained at the breakout level. While this stability has gone on, new fundamentals and political factors have built up, likely promoting the next rally. If this proves to be the case, the bitcoin price is expected to rise to $650, then to $820. In the....
With BTC looking for a breakout and more casualties in the aftermath of 2017s ICO boom, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
The FBI shut down black marketplace Silk Road a year ago. This hidden website was used for the sale and purchase of items and services such as drugs, weapons, fake passports and other forged documents. To refresh your memory of the full Silk Road story, check out our interactive timeline below: This article is part of CoinDesk's Silk Road: One Year On series. Keep checking back for new additions to the series. Road. Silk RoadTimelines
If reports are to be believed, a new version of the online drug marketplace Silk Road - "Silk Road Reloaded" - has been launched recently. It is only a coincidence that the new Silk Road's introduction arrived only after the death of its predecessor Silk Road 2. In fact, our research revealed that Silk Road Reloaded was in development for over a year. This somewhat indicates that the makers of previous versions may not be backing this new project after all. And it reflects in the outcome as well. Silk Road Reloaded apparently uses "I2P" instead of the Fed's favorite Tor. I2P stands for....