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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Bitcoin Price Analysis: BTC Bounces But Bears Still in Control

Bitcoin price just pulled off a nice 10% bounce with the next level of resistance at $3,700. Let’s take a look at what can happen next? Bitcoin Price: Market Overview Bitcoin price 00 dropped to a new yearly low at $3,210 and the overall market cap now rests at $110.6 Billion. Clearly, bears are still running the […]

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Where Will Bitcoin Price Go as It Nears November Lows?

The Bitcoin price was hovering near its lowest levels in 14 months December 6 a fresh downturn continued to take its toll on investors. Another Grim Day For Bitcoin Traders Having lost support at $4000 Tuesday, 00 slipped further towards lows set last month around $3500, reaching $3680 before appearing to claim new support at […]

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‘Buffett Bet 2.0’ – Investment Fund Puts $1M on Bitcoin to Outperform S&P 500

Asset manager, Morgan Creek Digital, is offering an interesting wager if anyone is willing to take it. It’s willing to bet $1 million, that its Bitcoin-focused Digital Asset Index Fund outperforms the S&P500 over the next ten years. Buffett Bet 2.0 The fund tracks ten major cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin, although the […]

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Bitcoin Price Says Goodbye To $4K Again as $3K Support Could Be Next

The Bitcoin price fellow below $4000 again November 30 as upward momentum stalled, taking the largest cryptocurrency to local lows of $3920. $4.4K Spelled Rejection For Bitcoin As of press time Friday, BTC/USD 00 was circling $3950 after climbing as high as $4390 a day earlier. The turnaround continues the trend of volatility which began […]

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Venture Capitalist Tim Draper Holds Strong to Bitcoin as Dominance Rises

Despite the tumbling state of the crypto market and the sharp decrease in Bitcoin price, venture capitalist and permabull Tim Draper remains overly positive on the future of cryptocurrencies. Meanwhile, Bitcoin’s dominance has been increasing since the first week of November. Draper: Clinging to Old Currencies Is a Mistake Speaking to Mike Green of Thiel […]

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NASDAQ Wants to Launch Bitcoin Futures in Q1 2019 Despite Price Drop

NASDAQ has renewed its vow to offer Bitcoin futures and plans to launch in Q1 2019 despite the price drop, anonymous sources have said. NASDAQ ‘Working To Satisfy’ CFTC Demands Speaking to Bloomberg November 27, “two people familiar with the matter” revealed that despite the plunge in the Bitcoin price 00, the US stock exchange […]

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Bitcoin Fundamentals Haven’t Changed, Says Anthony Pompliano

Bitcoin isn’t dead, says Anthony Pompliano, despite the current massive cryptocurrency price plummet. The Morgan Creek Digital Partner believes emphasis should be on fundamentals (which haven’t changed), rather than price. Market Fundamentals Trump Price Action Speaking to CNN on Friday (November 23, 2018), Pompliano declared that Bitcoin’s current price 00 didn’t significantly alter the historical […]

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Bitcoin Hashrate Drop Sparks Rumors of $3.8K Miner ‘Turn-Off Price’

The drop in Bitcoin hashrate has sparked rumors China has turned off huge numbers of mining rigs as the process is no longer profitable. ‘More Economic To Turn Them Off’ Video and photo content which allegedly came from F2Pool owner BitFish hit western social media November 20, being uploaded by local news feed cnLedger and […]

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