Bitcoin Pioneer: Next BTC Price ‘Act’ Will See $250K

Mark Jeffrey, author of 2013 book, ‘Bitcoin Explained Simply’, remains bullish on the future of bitcoin, despite the current climate. Drawing analogies to a supercharged dot-com boom-and-bust cycle, he predicted future growth to a price of $250,000. Coin Wars We may be currently experiencing crypto-winter, hodling together for warmth, but Mark Jeffery thinks this should […]

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CBOE and CME Bitcoin Futures See Lowest Volumes Since Launch

Chicago Mercantile Exchange (CME) and Chicago Board Options Exchange (CBOE) have seen the lowest Bitcoin futures volumes since they launched to much fanfare in December 2017.  Battle Of The Markets New research by TradeBlock shows that at their summer 2018 peak, combined trading volumes reached near-parity with spot trading volumes across five top US exchanges. Bitcoin […]

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Russia Plans to Ditch US Dollar for Bitcoin, Says University Professor

A Russian university lecturer with ties to the government says the Kremlin will soon begin investing massively in Bitcoin as a way of avoiding new U.S. sanctions, a move that could happen “in a matter of weeks.” Russia to Buy Some ‘Digital Gold’? Speaking exclusively to Micky, Vladislav Ginko of the Russian Presidential Academy of […]

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This Bitcoin Price Indicator Adjusts For Lost and Unmoved Coins

Castle Island Venture’s Nic Carter, with the help of Blockchain.info’s Antoine Le Calvez, presented the concept of “Realized Value” for Bitcoin price at the Riga Baltic Honeybadger 2018 conference. The point was further elaborated upon in a Medium post by Murad Mahmudov and David Puell. Bitcoin’s Realized Value Ratio The Realized Value ratio is calculated by […]

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Cryptocurrencies Get ‘Santa Rally’ To the Envy of the Stock Market

As the final week before Christmas comes to a close, the cryptocurrency market closes out a well needed ‘Santa Rally’ to the envy of the traditional markets, we take a closer look at what happened with the top cryptos and if an end is in sight to the twelve-month bear market. Christmas Santa Rally for […]

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Real Reversal? Yesterday Was The Highest Volume Day in Bitcoin History

Cryptocurrency analysts were celebrating December 21 after Bitcoin posted its biggest daily trade volume in history. 2.3M Daily Bitcoin Volume Data compiled by the fund manager known on Twitter as Crypto Quantamental confirmed Thursday had become the day with the single largest amount of BTC changing hands – a total of 2,266,735 BTC ($9.1 billion). […]

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Study: Asia Has More Impact on Bitcoin Price Than America and Europe

With events like SEC approval for Bitcoin ETFs and the introduction of cryptocurrency derivatives, it is easy to imagine the market being driven by news out of the United States. However, new research suggests that Asia, and not the West, is the dominant driver of Bitcoin price and cryptocurrency markets. Western Focus Might be Misleading […]

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FAANG Stocks Lose Over $1 Trillion – More Than All Cryptocurrencies Combined

Facebook, Amazon, Apple, Netflix, and Google stocks have together shed over $1 trillion in market capitalization from their all-time highs, marking an even bigger loss in dollar value than all cryptocurrencies combined in 2018. FAANGs Lose Bite Bitcoin and cryptocurrencies, in particular, are not the only bubble in town. Stocks of tech stalwarts like Google, […]

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