Cryptocurrency Market on a Continuous Decline, No Major Movements on the Upside

Over the past hour, the bitcoin price has increased by 1.4 percent, from $7,410 to $7,550, after recording a sudden spike in buy volume, as shown below in the 30-minute chart of bitcoin below. Cryptocurrency market has also moved up slightly but has struggled to record any major movement. Bitcoin to $6,000 While several bulls The post Cryptocurrency Market on a Continuous Decline, No Major Movements on the Upside appeared first on CCN

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DOJ’s Bitcoin Price Manipulation Probe a ‘Good Thing’: Mike Novogratz

Billionaire investor and former hedge fund manager Mike Novogratz said that he is optimistic that the US Department of Justice’s (DOJ) recently-launched probe into allegations of bitcoin price manipulation will contribute to the long-term health of the cryptocurrency market. Speaking in an interview with Bloomberg, Novogratz — the founder of $250 million cryptocurrency merchant bank The post DOJ’s Bitcoin Price Manipulation Probe a ‘Good Thing’: Mike Novogratz appeared first on CCN

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Newsflash: Bears Push Bitcoin Price Back Below $8,000 as Market Sheds $18 Billion

The bitcoin price fell back below the $8,000 level on Tuesday after the flagship cryptocurrency failed to receive a Bitcoin Pizza Day bump. Bitcoin had briefly peaked above $8,600 on Monday, giving investors a false hope that it would make a run back toward $9,000. Unfortunately, this rally proved unsustainable, and the bitcoin price entered The post Newsflash: Bears Push Bitcoin Price Back Below $8,000 as Market Sheds $18 Billion appeared first on CCN

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Newsflash: Bitcoin Price Drops Below $8,000 as Bears Twist the Knife

The bitcoin price sank below $8,000 on Thursday for the for the first time since mid-April, further erasing the progress that the flagship cryptocurrency had made over the previous month. Bitcoin had traded near $8,300 for the majority of the day, but this support level began to falter heading into the early evening. At approximately The post Newsflash: Bitcoin Price Drops Below $8,000 as Bears Twist the Knife appeared first on CCN

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Cryptocurrency Market Regains $7 Billion as Augur and EOS Prices Jump

The cryptocurrency market has slightly rebounded by $7 billion over the last 24 hours, despite the struggles of bitcoin, ethereum, and other major cryptocurrencies in the global market. Augur Deploys Smart Contracts On Ethereum Mainnet Earlier today, on May 17, the Augur team announced that after years of development, the smart contracts of Augur will The post Cryptocurrency Market Regains $7 Billion as Augur and EOS Prices Jump appeared first on CCN

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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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Ethereum Price Roars Past $700 as Crypto Market Value Rivals That of Facebook

The Ethereum price crossed a major milestone on Tuesday, surpassing the $700 mark for the first time in more than a month. The rally was far from an isolated occurrence, as the cryptocurrency market cap achieved an eight percent advance, adding nearly $33 billion to its rapidly expanding waistline. In the past week, the market … Continued The post Ethereum Price Roars Past $700 as Crypto Market Value Rivals That of Facebook appeared first on CCN

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Bitcoin Price Rises to $9,200 as Cryptocurrency Market Reaches $417 Billion

The bitcoin price has surged to $9,200 over the past 24 hours by recording an increase of around $400. It successfully maintained its momentum in the $9,000 region, which investors perceive as an important level that could lead the bitcoin price to enter the $10,000 in the short-term. Alternative Cryptocurrencies Steal the Show Alternative cryptocurrencies, The post Bitcoin Price Rises to $9,200 as Cryptocurrency Market Reaches $417 Billion appeared first on CCN

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