Category Archives: Bitcoin

Bitcoin Price Forecast: Tim Draper Predicts Bitcoin Will Be Worth More Than $100,000

Daily Bitcoin News Update
Bitcoin prices drop on Friday, as yesterday’s market rally corrects. The BTC to USD rate has retraced to $9,895.91 at the time of writing, after crossing $10,000 yesterday.

Not much has changed in the past 24 hours. There has been no earth-shattering good news nor nerve-racking bad news. We are viewing the sideways swing as the customary price movement in this space.

In the meantime, however, we’re turning our focus to the longer term to predict which way Bitcoin prices will be journeying next. At least one.

The post Bitcoin Price Forecast: Tim Draper Predicts Bitcoin Will Be Worth More Than $100,000 appeared first on Profit Confidential.

Bitcoin Crash Predictions 2018: BTC Could Break Records But the Crash Looks Inevitable

Bitcoin Crash Predictions
Bitcoin is up 1,666.66% year-to-date, which is a phenomenal run toward higher prices. The problem with this run is that the price action has been parabolic in nature, and parabolic trends are unsustainable. Based on the parabolic trend currently in development on the Bitcoin price chart, I can only assume that once Bitcoin has exasperated its move toward higher prices, a crash will follow.

I am sure I am not the first to suggest that this parabolic move will end badly, and I am sure many pundits provided and outlined their Bitcoin crash predictions. I am in that same camp, and I have seen enough parabolic trends to know that they all end in tears..

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CBOE Crashes as Bitcoin Futures make their Debut

Sunday evening was one of the most anticipated ones for both the fans and critics of Bitcoin alike. The high-profile Bitcoin futures made their debut and trading began in Chicago on the CBOE futures exchange. With the arrival of futures contracts, investors can now bet on whether Bitcoin prices shall go up or down in future. The value of the popular cryptocurrency has been going up over the past few days on the excitement surrounding its trading on a major exchange. According to coinmarketcap.com, Bitcoin prices have been hovering near $17,000 range.

Sentiments ran high on various social media platforms when, soon after the launch, the CBOE.

The post CBOE Crashes as Bitcoin Futures make their Debut appeared first on Profit Confidential.

Bitcoin Price Breaks $16,000: How 5 Billionaire Investors Got Bitcoin Wrong

Five Finance-World Celebrities Who Got It All Wrong on Bitcoin
Cryptocurrency bulls are thumping their chests now as they hum in chorus. The Bitcoin price has, for the first time, broken past the $16,000 mark, and the excitement knows no bounds.

Who could have ever imagined that a cryptic digital currency founded by the mysterious “Satoshi Nakamoto” could one day become one of the biggest investment ideas? Well, we did!

We turned bullish on Bitcoin (BTC) when it was.

The post Bitcoin Price Breaks $16,000: How 5 Billionaire Investors Got Bitcoin Wrong appeared first on Profit Confidential.

Bitcoin smashes past $7000 for the first time – CNBC


CNBC

Bitcoin smashes past $7000 for the first time
CNBC
Bitcoin hit another all-time high Thursday morning, surpassing $7,000 for the first time. The cryptocurrency has had a bullish streak throughout the week following the CME’s announcement that it will introduce bitcoin futures contracts. According to
Bitcoin takes another step toward wider acceptanceCBS News
Bitcoin: What’s Coming in the Year AheadBloomberg
Bitcoin Price Gains Continue with Record High of over $7000CoinDesk
Business Insider –Economic Times
all 97 news articles »

Bitcoin rallies to another record high of $6900 – CNBC


CNBC

Bitcoin rallies to another record high of $6900
CNBC
On Tuesday, the CME Group, the world’s largest derivatives operator, said it would introduce bitcoin futures contracts. The introduction of such a product could bring more institutional investors into the market. Analysts believe this has been boosting
Bitcoin is skyrocketing because 2 of the biggest exchange groups in the world are launching bitcoin futures — here Business Insider
Bitcoin’s Price Climbs Above $6600 to Reach New Market HighCoinDesk
‘Playing With Fire’: Critics Condemn CME’s Bitcoin Futures PlanCryptoCoinsNews
Bloomberg –Livemint –Reuters
all 38 news articles »

Bitcoin soared above $6900 despite strong regulatory warning from the Securities and Exchange Commission on ICOs – Business Insider


Business Insider

Bitcoin soared above $6900 despite strong regulatory warning from the Securities and Exchange Commission on ICOs
Business Insider
Bitcoin blew past $6,900 Wednesday even after the Securities and Exchange Commission warned investors about celebrity endorsements for certain cryptocurrency-based fundraising efforts. The red-hot digital currency traded at an all-time high of $6,916

and more »

Bitcoin soared above $6900 despite strong regulatory warning from Securities and Exchange Commission – Business Insider


Business Insider

Bitcoin soared above $6900 despite strong regulatory warning from Securities and Exchange Commission
Business Insider
Bitcoin blew past $6,900 Wednesday even after the Securities and Exchange Commission warned investors about celebrity endorsements for certain cryptocurrency-based fundraising efforts. The red-hot digital currency traded at an all-time high of $6,916

and more »

Bitcoin price hits $6,600 to new record high after CME futures plan – CNBC

Bitcoin Hits $6,600 After CME Announces Futures Plans – Fortune – Fortune


Fortune

Bitcoin Hits $6,600 After CME Announces Futures Plans – Fortune
Fortune
Bitcoin just keeps on rising in value. Just more than a week after breaking $6,000 for the first time, the Bitcoin price reached another new high of $6,300 a few …
Bitcoin price hits $6,600 to new record high after CME futures planCNBC
Bright Futures: Bitcoin Climbs on CME News, But Is $7000 in Sight?CoinDesk
Bitcoin posts new record high above $6600Business Insider
Reuters –Quartz –CoinTelegraph –CME Group
all 161 news articles »