Bitcoin at $9,900, What’s Next For Bitcoin Price After $10,000?

The bitcoin price is less than $100 away from surpassing $10,000 after demonstrating a strong week of momentum and volume. In Hong Kong and South Korea, the bitcoin price has already reached $10,000. What’s Next After $10,000? For many months prior to November 2017, the $10,000 threshold was considered an important psychological support level for The post Bitcoin at $9,900, What’s Next For Bitcoin Price After $10,000? appeared first on CCN

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Retailer Adoption of Bitcoin is Growing in the US and Canada, Despite Price Fall

Earlier this week, leading US electronics retailer Newegg expanded its bitcoin integration to its platform in Canada, allowing millions of customers based in Canada to pay for products with bitcoin. Increasing Retailer Adoption Newegg CEO Danny Lee emphasized that the value of bitcoin has skyrocketed since 2014, when the company first integrated bitcoin, and noted The post Retailer Adoption of Bitcoin is Growing in the US and Canada, Despite Price Fall appeared first on CCN

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Bitcoin Records 7% Increase as Cryptocurrency Market Rebounds From Yesterday’s Losses

After dipping below $6,500, the price of bitcoin has increased 7 percent to $7,100, as the rest of the cryptocurrency market recovered over the past 24 hours. Since March 30, the valuation of the cryptocurrency market rose from $250 billion to $268 billion, by around 8 percent. Correlated Movements On March 29, Cornell professor Emin … Continued The post Bitcoin Records 7% Increase as Cryptocurrency Market Rebounds From Yesterday’s Losses appeared first on CCN

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Bitcoin Price Notches 6% Increase as Cryptocurrency Market Jumps $20 Billion

Over the past 24 hours, the cryptocurrency market has gained $20 billion, as major cryptocurrencies bitcoin and Ethereum recorded solid gains. Bitcoin increased by more than 6 percent, while Ethereum, EOS, Litecoin, Ripple, and Bitcoin Cash rose by around 4 percent. Volumes are Back Changpeng Zhao, the founder and CEO at Binance, the world’s largest The post Bitcoin Price Notches 6% Increase as Cryptocurrency Market Jumps $20 Billion appeared first on CCN

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Cryptocurrency Market Stalls at $380 Billion, is Bitcoin Ready to Climb Up?

The cryptocurrency market has been highly volatile throughout this week, as major cryptocurrencies including bitcoin, Ethereum, Ripple, and Bitcoin Cash have continued to move in between $340 billion and $380 billion. Is Bitcoin Ready to Move? Today, on March 11, the cryptocurrency market recorded a minor recovery after dipping below the $350 billion mark. Briefly, The post Cryptocurrency Market Stalls at $380 Billion, is Bitcoin Ready to Climb Up? appeared first on CCN

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Bitcoin Briefly Drops to $9,000: Factors Behind the Decline

On March 8, the price of bitcoin dropped to $9,000, after reaching $11,000 merely 48 hours ago. Analysts have attributed three major factors to the decline in the price of bitcoin: Mt. Gox sell off, SEC announcement, penalization of Japanese exchanges. Mt. Gox Trustee Sell-Off According to the official document released by the Mt. Gox The post Bitcoin Briefly Drops to $9,000: Factors Behind the Decline appeared first on CCN

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Winklevoss Twins Will Not Sell, Even if Bitcoin Price Hits $380,000

The post Winklevoss Twins Will Not Sell, Even if Bitcoin Price Hits $380,000 appeared first on CCN Tyler and Cameron Winklevoss, better known as the Winklevoss twins, still believe bitcoin will remain as the best investment over the next few decades. $8 Trillion Market Cap In 2012, when Facebook went public, the Winklevoss twins received $45 million from the settlement of Facebook founder and CEO Mark Zuckerberg. In spite of their lawyers’ The post Winklevoss Twins Will Not Sell, Even if Bitcoin Price Hits $380,000 appeared first on CCN

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