Bitcoin will trade under $5,000, warns Dennis Gartman: In the latest development, there seems to be nothing that can convince Dennis Gartman to turn bullish on bitcoin. Despite tanking this month, bitcoin has still soared over 1,400 percent this year. But Thursday on CNBC’s “Futures Now,” The Gartman Letter editor and publisher reiterated his skepticism … Read more
Bitcoin will trade between $6,500 and $22,000 in 2018, according to the first analyst to cover it: In the latest development, report has it that Bitcoin is in for a potentially wild ride in 2018 that will end with a modest drop from the current price, the first Wall Street analyst to write about the … Read more
Bitcoin rises back above $16,000, rallying more than 50 percent from Friday’s low: In the latest news, Bitcoin rallied Tuesday, recovering from a sharp sell-off late last week. The digital currency briefly climbed more than 12.5 percent to above $16,100 late Tuesday morning, according to Coinbase, the leading U.S. platform for trading major digital currencies. … Read more
Cryptocurrencies Proxy Stocks Rally as Bitcoin Rebounds Above $15,000: In the latest development, Bitcoin’s rebound from a five-day rout has drawn investors back to stocks related to cryptocurrency and blockchain technology. Riot Blockchain Inc. jumped 18 percent, while LongFin Corp. added 20 percent. Both had fallen more than 30 percent in the past four days … Read more
Bitcoin could hit $60,000 in 2018 but another crash is coming, says startup exec: In the latest development, cryptocurrency entrepreneur Julian Hosp says bitcoin’s rapid rise isn’t over yet. But there’s a catch. “I think we’re going to see bitcoin hitting the $60,000 dollar mark, but I also think we’re going to see bitcoin hitting … Read more
Bitcoin Price Ricochets To $14,000 Today (December 23): 5 Things To Know: Volatility in Bitcoin prices continued on Saturday, with the value of the cryptocurrency or digital currency recovering to $14,715 on Bitstamp, a cryptocurrency exchange based in Luxembourg. Bitcoin prices have swung wildly this week. From a record high of $19,666, hit on Sunday, … Read more