In the latest development, report reveals that a trader makes a million-dollar bet that bitcoin will triple next year. According to the source, the trader betted that bitcoin will top $50,000 next year. Online records from New York-based digital currency-trading platform LedgerX showed 275 call options expiring Dec. 28, 2018, were bought in Wednesday’s trading … Read more
Bitcoin cash soars above $3,000 after Coinbase says it will offer trading of the cryptocurrency: Bitcoin cash jumped by more than $600 after Coinbase, one of the largest cryptocurrency exchanges, announced Tuesday evening it would enable trading of the bitcoin offshoot. The cryptocurrency, which was formed after a fork of the bitcoin network in August, … Read more
Bitcoin plunges $1,000 in less than an hour: Bitcoin plunged more than $1,000 in less than an hour Tuesday. The digital currency fell from $17,929 to a low of $16,912 between 3:30 and 4:30 p.m. ET, according to Coinbase, the leading U.S. platform for buying and selling major cryptocurrencies. Bitcoin had traded near $19,800 on … Read more
Bitcoin price to hit $400,000, analyst who predicted cryptocurrency’s rise warns: BITCOIN’S price is set to surge into the hundreds and thousands, the analyst who predicted the cryptocurrency’s meteoric rise has claimed. Independent research analyst Ronnie Moas predicted over the summer that the value in Bitcoin would reach as high as $5,000 (£3,738) when the … Read more
Bitcoin will surge past $20,000 and continue its meteoric march into six figures, according to independent research analyst Ronnie Moas. “Bitcoin is already up 500 percent since I recommended it in the beginning of July, and I’m looking for another 500 percent move from here,” said Moas, the founder of Standpoint Research, a self-described “one-man … Read more
A trader who called bitcoin rally says cryptocurrency will surge above $100,000 in 2018: Bitcoin’s runaway rally could accelerate next year as the cryptocurrency continues to gain wider acceptance, a trader said Monday. “I wouldn’t be surprised to see a six-figure headline,” said Dave Chapman, Managing Director of cryptocurrency trading firm Octagon Strategy, who sees … Read more