Tokens Record 50% Gains as Crypto Market Recovers, Bitcoin Price Stabilizes

Over the past 24 hours, tokens such as VeChain, Ontology, and PundiX recorded 50 percent gains against the US dollar, as the crypto market recovered and Bitcoin showed stability. VeChain recorded the biggest jump in value on August 17, spiking by over 50 percent against the US dollar, becoming the best performing digital asset this … Continued

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BTC Price Indicating a Bullish Trend Reversal? Jim Cramer May Disagree

BTC price

Two days after Jim Cramer made bearish comments on Bitcoin, the BTC price has started to revive itself. A bullish reversal is not yet confirmed, as Bitcoin would have to break above key resistance for that to happen.

However, the BTC price has moved back to above $6,000, which indicates a trend reversal could very well be in progress. 

And yet, Cramer has still thrown in the Bitcoin towel. He even did so on the day that Bitcoin crossed a high of $6,259. So what gives?

Jim Cramer BTC Price: Who Should We ...

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Square Cash App Expands to All 50 US States and Allows All Members to Buy Bitcoin (BTC)

Square Cash App

Square just announced that with its Square Cash app, all users are now able to buy Bitcoin in all 50 US states.

Red, white, and bitcoin. Now you can use Cash App to buy bitcoin in all 50 states. pic.twitter.com/D4fhVRz7WL

— Cash App (@CashApp) August 13, 2018

Square Ahead of the Competition

Square was originally founded by Twitter’s CEO, Jack Dorsey. The Cash App initially rolled out its Bitcoin services months ago but had to go state-by-state to get approval.

Recently, it was reported that Square also secured the so-called ...

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Bitcoin Month Recap: BTC is Suffering but it’s Hanging in There!

bitcoin price watch

Bitcoin Price Watch: Yesterday saw Bitcoin (BTC) price fall to almost below $6,000. But what about today?

First, let’s recap the last month.

Bitcoin Price Watch: The Past Month

Mid-July was looking promising for the coin as it began a sudden bull-run which saw Bitcoin climb to a peak of around $8,450.

But typically reflective of this volatile marketplace, the highs did not last long and BTC has been on a steady downward climb since hitting the peak. Once August kicked in, it seemed any progress made in those impressive ...

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Is it Game-Over for Bitcoin? This Wall Street Analyst Says Yes

BTC price

Both Bitcoin bears and bulls will be watching the BTC price over the weekend. While some see a potential corrective rally occurring, others believe the cryptocurrency is at the end of its road.

One Wall Street analyst believes the latter. In fact, Jeff deGraaf said it’s “game over” for Bitcoin.

But is that true?

Wall Street Analyst Pessimistic about BTC Price

Yesterday, CNBC reported that Jeff deGraaf of Renaissance Macro Research declared that Bitcoin is “permanently impaired.”

He then added that investors should start betting against the cryptocurrency, but only ...

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Bitcoin (BTC) Falls Close to $6,500 After SEC ETF Delay

Bitcoin news

The latest Bitcoin news is that Bitcoin (BTC) has taken a major hit this week and has dragged the rest of the cryptocurrency market down with it. At press time, the total cryptocurrency market is sitting at just above $225 billion, which is $75 billion lower than what it was just two weeks ago.

Within the last 24 hours, the crypto market has dropped almost $20 billion.

Bitcoin News: Bitcoin (BTC) Struggles

According to CoinMarketCap, Bitcoin (BTC) is currently trading at $6,509.67, down -8.50% in 24 hours. For the week, BTC price is down ...

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Is Bitcoin Broken? Tom Lee Says Bitcoin Misery Index Indicates No

Fundstrat Bitcoin Misery Index

Tom Lee has always remained optimistic about Bitcoin. True, the Tom Lee Bitcoin price target did change from $25 thousand to $20 thousand last month, but the Fundstrat co-founder is still confident. In fact, Lee remains confident because of what the Fundstrat Bitcoin Misery Index is indicating.

Fundstrat Bitcoin Misery Index: BTC is at 39%

On Monday, Tom Lee went against the Bitcoin bears, announcing that no, Bitcoin “isn’t broken,” even if it stays at the current price—which, at press time, is $7,120.73. He also said that Bitcoin is not broken if it’s holding at the ...

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Will Starbucks Make Buying Coffee with Bitcoin (BTC) Easier?

Bitcoin for coffee

Bitcoin for coffee. It has a nice ring to it. But actually using Bitcoin (BTC) to buy coffee? Turns into a big mess real fast. However, that might be about to change.

Starbucks just hinted that it might soon have a way to make using BTC to pay for coffee a whole lot easier for its loyalists.

Bitcoin for Coffee

Currently, it’s possible to buy Starbucks coffee with Bitcoin, but it isn’t an easy process. The global coffee giant in the past teamed up with Square, which accepts Bitcoin. However, it isn’t as easy ...

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Bitcoin has Dropped by 45% this Year, and Goldman Sachs Expects More

Goldman Sachs midyear economic-outlook report

Goldman Sachs appears to have mixed feelings towards Bitcoin. Earlier in 2018, the bank said it was planning on opening a BTC trading desk. Yesterday, a former Goldman Sachs executive said a Bitcoin ETF was possible. Yet, in the Goldman Sachs midyear economic-outlook report, Bitcoin was reported to decline even more than it has so far already this year.

Goldman Sachs Midyear Economic-Outlook Report

According to the bank’s investment strategy group, Bitcoin’s price has declined by 45% this year, and it’s not going to stop anytime soon.

Why, though? Sure, we’ve all seen the ...

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