“Imagine Genuinely Being Bearish” Analysts Convinced Bitcoin Has Room to Run

Catching many traders with their pants down, Bitcoin rallied a jaw-dropping 10% in 20 minutes on Thursday, jumping higher from $7,050 to $7,800 within that short period of time. It was a move that liquidated $70 million worth of short positions on BitMEX, the biggest amount of daily liquidations in a month. The cryptocurrency has […]

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Bitcoin Halving: Now 20 Days Out & Going Viral on Crypto Twitter

At long last, the Bitcoin block reward halving is almost here. In approximately 17 days according to BitcoinBlockHalf.com, the number of coins issued each and every block, every ten minutes (on average), will fall from 12.5 to 6.25 immediately, resulting in a 50% inflation cut. It’s an event that investors have been waiting for since […]

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What is Bitcoin?
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Bitcoin: All the Facts

http://dailyreckoning.com Are we at the threshold of a new currency era? Bitcoin has exploded in popularity in recent months, leaving analysts conflicted as to its value. Is it real money? Should it be regulated? Will it threaten the dollar? Bitcoin’s value has increased remarkably in the wake of the events in Cyprus. In a world […]

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Bitcoin Surges Towards $7,700 on Back of Growing Bull Case

As normal, just as Bitcoin was showing signs that it wanted to retrace to the low-$6,000s, bulls stepped in with force. The leading cryptocurrency, which traded as low as $6,800 just over 24 hours ago, has surged by 10% in the past hour, rallying from $7,050 to a high of $7,770 in the span of […]

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Big for Bitcoin: U.S. Senate Passes $500b Coronavirus Stimulus Package

$2 trillion of fiscal stimulus, which included $1,200 cheques for a majority of American taxpayers, and historic $4 trillion in monetary stimulus purportedly isn’t enough for the United States. On April 21st, the U.S. Senate approved a supplemental stimulus package of $484 billion, which will be primarily allocated to hospitals, disease testing, and small businesses. […]

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