Bitcoin’s Meteoric Surge Exposes Bitter Irony of Russia’s Crypto Skeptics

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This Bitcoin Price Rally is Masking a Serious Problem

By CCN.com: This week is looking to end on a positive note for bitcoin, as the cryptocurrency clawed its way above $4,100, adding $1 billion to its market cap in the process. Bitcoin Price Cracks $4,100 as Bullish Sentiment Grows The bitcoin-to-dollar rate established an intraday high at $4,103, up 2.24-percent since Friday’s opening price. …

Bitcoin Futures Kingpin Reveals Why Regulators Hate Crypto

Bitcoin might have taken the financial world by surprise. But regulatory squeamishness ensures that it is still far away from gaining mainstream adoption on Wall Street, according to Terry Duffy. CME’s Terry Duffy: Regulators Detest Bitcoin’s Finite Supply The CME Group chairman and CEO told Business Insider that the biggest thing that is keeping governments …

Bitcoin Price Pounds into Bull Market, Could Surge to $400,000: Analyst

As the bitcoin price continues to hover in a tight range just below $4,000, crypto investors are breathlessly waiting to find out whether bitcoin price can punch through the resistance line that thwarted its most recent attempt to initiate a new bull market. Below, we examine both the bull and bear case for bitcoin as …

Facebook Cryptocurrency is ‘Cool’ But Bitcoin is Better

Billionaire investors Cameron and Tyler Winklevoss aren’t too worried that Facebook’s cryptocurrency project will end up being a “bitcoin killer.” In fact, they maintain that it will have more impact on the world than Facebook ever did. Winklevoss: Bitcoin Still ‘So Young’ for People to Crow over its Demise Speaking to the UK’s Daily Telegraph …

Bitcoin Bull Market Won’t Arrive Until Price Shatters $4,600

In the past seven days, the valuation of the crypto market has increased from $131 billion to $137 billion as the Bitcoin price slightly recovered to $3,960. Bitcoin Stagnancy Shows No New Money Entering Crypto Market The minor movement in the price of bitcoin despite the significant surge in the price of alternative cryptocurrencies suggest …

Bitcoin Price Rally Could be on Last Legs, Bloomberg Analyst Warns

A key market indicator shows that the Bitcoin price rally may be losing steam. According to Bloomberg, “Bitcoin’s Moving Average Convergence Divergence indicator has been steadily falling since mid-February.” MACD is a commonly used metric for technical analysis. When it diverges from the symbol, it means that a trend may be over with. Watch out …

Crypto Tokens Enjin, ICON Soar 20% but Bitcoin Remains Woefully Stable

Throughout the past several days, Bitcoin has remained relatively stable at $3,900. The stability of BTC has led crypto tokens to record massive spikes in the range of 10 to 100 percent. Enjin Coin, for instance, the native cryptocurrency of a gaming-focused blockchain network called Enjin, surged by 100 percent at its daily peak following …

‘Arrogant’ Bitcoin Fans are ‘Totally Clueless’, Rants Crypto-Hating Roubini

Bitcoin is an “exponential, parabolic bubble,” and bitcoin investors are “arrogant, ignorant, clueless” zealots and fanatics. That’s the opinion of avowed crypto-hater Nouriel Roubini, an economics professor at New York University. Roubini made the remarks in an interview with the CFA Institute, where he again trashed cryptocurrencies as worthless and its proponents as mouth-breathing morons. …