Despite a sharp price recovery to over $11,500 today, bitcoin’s bulls are not out of the woods yet, the price charts suggest. Coindesk’s Bitcoin Price Index (BPI) has climbed 25.9 percent from the eight-week low of $9,199.59 hit yesterday at 15:44 UTC. As of writing, bitcoin (BTC) is trading at $11,590 levels. The world’s largest […]

Bitcoin

GDAX has started trading Bitcoin Cash (BCH) this morning as of 9 AM PST, with little fanfare. The status update page for GDAX indicated that all initial testing had concluded as of 11:25 AM, with full functionality being restored. The addition of BCH on GDAX follows the addition of the hard fork coin on the […]

Bitcoin

The first bitcoin futures contract listed by Cboe has expired, a move that came amid a turbulent day of trading that saw the cryptocurrency’s price drop below $10,000. First listed in mid-December, the futures had a rocky start but ultimately those platform issues were resolved. The opening day for the contract saw the price climbing above […]

Bitcoin

Goldman Sachs analyst Sheba Jafari released a new analysis of bitcoin’s outlook, calling the recent price drop below $10,000 a possible correction. According to Zero Hedge, which published details of the client note, Jafari suggested that the market could find a base around $9,978. If the drop is actually part of a correction, prices will stabilize […]

Bitcoin

Bitcoin looks like it might soon test near-$8,000 levels, as December’s record-breaking rally continues to unravel. With major losses over the last few days seemingly brought about by negative regulatory news from China and South Korea, bitcoin (BTC) is trading at $10,280 levels at time of writing, according to Coindesk’s Bitcoin Price Index. A slight […]

Bitcoin

Tom Goldenberg is chief technology officer at Commandiv, a combined stock and crypto trading platform providing investors with automated trade recommendations and rebalancing tools.  To hear all of the bluster and hype about bitcoin and blockchain these days, you would think that it will solve all of our modern world problems. Web 3.0 is coming  – […]

Bitcoin