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Markets Update: Bears Claw Crypto Prices Back While Uncertainty Fills the Air
17.5.2019
Digital asset markets fell hard during the early morning trading sessions on May 17 as the price of bitcoin core (BTC) quickly tumbled from $7,900 to a low of $6,200 on Bitstamp. Many other crypto markets followed BTC’s drop in value, but over the last few hours, a good portion of coins have...
Bitcoin Value Witnesses Two Contradictory Price Trends within Just One week
17.5.2019
Bitcoin is trading slightly above the price mark of $7300 in the cryptomarket. Within no time it dips from a price level of $8300 to $7300, breaking the support level at $7600. It was even priced as low as $6600 with the daybreak of 17th May, though currently it is seen gaining momentum from...
Amazon or Bitcoin: Who is Spawning More Wealth?
16.5.2019
Amazon is the largest e-commerce marketplace and cloud computing platform in the world as measured by revenue and market capitalization. Amazon went public on 15 May 1997, 22 years ago today. When Amazon first went public in 1997, its stock was priced at just $18 per share. But in the 20-plus years...
Markets Update: Crypto Prices Continue to Gather Bullish Momentum
14.5.2019
Digital asset markets have been surging over the last 24 hours as the market valuation of the entire cryptoconomy has gained over $20 billion. Moreover, global trade volume has been significant, crossing $85 billion worth of coins swapped in the last day. Also read: Bitcoin’s Software...
Bitcoin Price Chart Shows Similar Movements as in 2017: Will History Repeat Itself?
13.5.2019
Bitcoin (BTC) is currently trading at a price mark above $7000 in the cryptomarket. The bulls have been virtuoso, not degrading the rank Bitcoin has been maintaining since inception. Bitcoin alone is making it big and adding some $25 billion to the overall cryptocurrency market capitalization after...
Markets Update: Crypto Bulls Outpace Stocks and Gold
11.5.2019
Cryptocurrency markets have been doing extremely well over the last 48 hours, making a lot of prior skeptics think the bearish crypto winter may have ended. Since our last markets update three days ago, the entire cryptoconomy has gained close to $33 billion in value and trading sessions over...