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Bitcoin Price

  • Was China the real reason for bitcoin's 28% rise last weekend?
  • I don't know if you noticed, but last weekend, bitcoin's price soared from around $7,500 to over $9,600 - a +28% gain! Many cryptocurrency market analysts pointed to comments made by China's president President Xi Jinping that the country should "seize the opportunity" of bitcoin's blockchain technology, as the reason behind bitcoin's sudden rally. You see, China banned bitcoin and cryptoc... ››› more
  • [05 November 2019]
  • Will the SEC approve or reject the Bitcoin ETF? Either way it's going up!
  • It's been a big month for Bitcoin. You see, investors and traders from all over the world have been waiting eagerly for the SEC to either accept or reject the Bitcoin ETF (VanEck SolidX bitcoin-exchange-traded-fund) proposal. However, on 22 May 2019 Wednesday, last week the decision was once again delayed to 19 August 2019 for the final deadline. This gives us the perfect opportunity ... ››› more
  • [27 May 2019]
  • Should you be aboard the Crypto-Craze train?
  • It's interesting to see how interest in Bitcoin has increased. Searches on Google for the “Bitcoin price” have increased sharply since 2016. Below is a chart of the Bitcoin price in US Dollars and the volume of searches in Google. Source: Prodigy Asset Management, Google Trends and Coin Desk         As you will see, the higher the volume of ... ››› more
  • [19 October 2017]
  • With the price of Bitcoin stable, what lies ahead for the digital currency?
  • The price of Bitcoin soared in 2013 by a staggering 8,500%. Then it lost 85% of its value by the start of this year. Speculation was rife about how high the price of the digital currency would go and what it meant for Bitcoin. So what's happened now? And what does the future hold for Bitcoin? Read on to find out… The price of Bitcoin This year, Bitcoin has done something that m... ››› more
  • [16 October 2015]
  • Is Bitcoin rivalling gold as a new safe-haven investment?
  • If you're a follower of Bitcoin, you may have noticed that its price has been climbing. This rise in price has coincided with the Greek debt crisis. So is there a link between the price of Bitcoin and the situation in Greece? Let's take a closer look… The price of Bitcoin has been climbing At the end of June, Bitcoin made a strong move upwards, just as the crisis in Greece deepen... ››› more
  • [13 July 2015]
  • Could one Bitcoin eventually be worth $1 million?
  • Over the past few years, there have been many predictions as to what the price of Bitcoin could eventually reach. After hitting highs of over $1,200 a coin in 2013, Bitcoin is now trading around $242. A significant drop in price. But some Bitcoin experts believe the value of one Bitcoin could rise to $1 million. Is this achievable? Let's take a closer look… The ‘market cap’ of... ››› more
  • [25 June 2015]
  • What's in store for the price of Bitcoin?
  • The price of Bitcoin has certainly been on a rollercoaster ride over the past year or so. After shooting up 8,500% in 2013, by January this year it was down 85%. So what lies in store for the price of Bitcoin after its bubble burst? Let's take a closer look… Bitcoin is now finding its true value A good comparison with what happened with the Bitcoin price is to look at the US housi... ››› more
  • [13 March 2015]
  • The one major factor standing in the way of Bitcoin's success
  • Bitcoin has amazing potential. It has the potential to revolutionise so many aspects of the finance world. But there is one problem with Bitcoin. And that's the volatility of its price. Let's take a closer look… The price of Bitcoin continues to bounce about Since its launch, the Bitcoin price has been on a roller coaster ride. Just have a look at the chart below. This shows th... ››› more
  • [12 February 2015]
  • Bitcoin: What happened in 2014 and what lies ahead
  • In its short life, 2014 was by far the worst year for Bitcoin. The digital currency shed a massive 67%. That means it earns the worst performing ‘currency' award of last year. So far, 2015 isn't looking much better for Bitcoin. Two weeks ago it plummeted another 47% to $170. Now it's back around $265. Let's take a closer look at what's going on and what may lie ahead… What happened... ››› more
  • [28 January 2015]
  • It's just a matter of time before the price of Bitcoin starts to soar
  • Over the last couple of months, the price of Bitcoin has struggled somewhat. Some analysts put this down to the number of people mining the digital currency and selling it on straight away. Adding to this flood of Bitcoin to the market are merchants. Instead of holding onto Bitcoin, they're turning them into real cash. These two factors are putting downward pressure on the price, but it ... ››› more
  • [08 September 2014]
  • Where to now for the price of Bitcoin?
  • Since its inception, Bitcoin has scaled the dizzy heights of over $1,100 to come flying back down to only a few hundred dollars. Over the last couple of months, the Bitcoin price has consolidated somewhat. And it looks like this is the start of Bitcoin's move upwards. Let's take a closer look at where the price of Bitcoin looks likely to go… Bitcoin is similar to the Internet back in the earl... ››› more
  • [14 July 2014]
  • Could the Bitcoin price be consolidating in a maturing market?
  • Bitcoin has hit the headlines a lot over the past six to seven months. And over the period, the price of Bitcoin has been very volatile. The Bitcoin price reacted violently when news came out about it. But for the last month, the Bitcoin price has stabilised. With no scandals hitting the headlines, the digital currency is quite stable. Let's take a closer look at what this shows about Bitcoin… ... ››› more
  • [27 May 2014]
  • A Bitcoin ETF is a step closer
  • Cameron and Tyler Winklevoss are the twins behind the Winklevoss Bitcoin ETF (exchange traded fund). They've applied for the necessary regulatory approval to get their ETF launched. The process is now a step closer. The ETF would list on the NASDAQ. So how would the ETF work? And why would a Bitcoin ETF be a good thing? Let's take a closer look… How the Winklevoss ETF would work Speculato... ››› more
  • [23 May 2014]
  • Bitcoin prices dip but are rising again after the Mt Gox shenanigans
  • Over the last couple of weeks there's been a lot of coverage over the demise of the Mt Gox exchange. The price of Bitcoin took a knock, but it's back on the road upwards once again. Let's take a closer look at what's going on with Bitcoin prices after this latest bout of scandal… What happened with Mt Gox? The first Bitcoin exchange, Mt Gox, went down on 25 February, David Zeiler in Money M... ››› more
  • [10 March 2014]
  • No amount of controversy appears to stand in Bitcoin's way
  • Bitcoin has had its fair share of controversy over the last six months. Various governments have restricted its use. There's been links to illicit goings-on. And, just recently, the world's first Bitcoin exchange caused havoc by suspending its trading. But Bitcoin appears to shrug off these issues and marches on. Let's take a closer look at what this means for Bitcoin… At the beginning of the ... ››› more
  • [13 February 2014]
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