Meteoric Crypto Recovery: Here’s What Triggered Bitcoin Price Above $8,000

Meteoric Crypto Recovery: Here’s What Triggered Bitcoin Price Above $8,000

TweetShareBy CCN: The bitcoin price has surged by seven percent in the past several hours from $7,300 to around $8,000 in major markets including the U.S., demonstrating a strong recovery from its abrupt drop to $6,400.The bitcoin price surges seven percent in less than four hours (source: coinmarketcap.com)On May 17, as CCN reported, the bitcoin…

Crypto Bulls and Bears Wrestle on What Comes Next for the Bitcoin Price

Crypto Bulls and Bears Wrestle on What Comes Next for the Bitcoin Price

TweetShareBy CCN: Many in the crypto community remained calm and banded together despite the steep drop in the bitcoin price on the heels of an otherwise incredibly bullish month.Bitcoin’s value was slashed by approximately $21 billion in the last 24 hours, with the BTC price currently holding above the $7,000 threshold. The declines were traced…

Musk, Microsoft and the Futures Market: 10 Days of Ethereum Price MOON

Musk, Microsoft and the Futures Market: 10 Days of Ethereum Price MOON

TweetShareBy CCN.com: Things are suddenly looking a lot rosier for Ethereum after a fruitful ten days in which it was courted by Elon Musk, welcomed by futures regulators, and integrated on Microsoft Azure.Markets responded positively to the increased attention on the No.2 cryptocurrency, sending the ETH price on a 17.5% surge which continues at the…

Elon Musk’s Shenanigans Can’t Save Tesla’s Flagging Stock Price

Elon Musk’s Shenanigans Can’t Save Tesla’s Flagging Stock Price

TweetShareBy CCN: There’s no sign of Tesla’s misfortune ending anytime soon. Billionaire Elon Musk was too busy humoring the internet even as his company ran into yet another concrete barrier. Tesla’s stock is languishing close to its 52-week low after the company’s horrible earnings that missed Wall Street’s expectations by a mile.Musk’s maneuvering fails to…

BitMEX CEO Hayes Comes Full Circle, Predicts $50,000 Bitcoin Price

BitMEX CEO Hayes Comes Full Circle, Predicts $50,000 Bitcoin Price

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$50,000: Crypto Guru Reveals Dizzying Bitcoin Price Target

$50,000: Crypto Guru Reveals Dizzying Bitcoin Price Target

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Trump Declares War on OPEC, Saudis Laugh as Oil Price Surges

Trump Declares War on OPEC, Saudis Laugh as Oil Price Surges

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Amazon ‘Hates’ Walmart, Schemes to Kill Rival in Bloody Price War

Amazon ‘Hates’ Walmart, Schemes to Kill Rival in Bloody Price War

TweetShareOnline retail giant Amazon loathes rival Walmart so much that it’s slashing prices on 500 grocery items at its Whole Foods subsidiary just to crush Walmart into the ground. That’s what CNBC commentator Jim Cramer claims.“They hate, hate, hate Walmart!” said Cramer. “Walmart is the biggest grocery chain in the country. Amazon will stop at…

3 Bearish Factors That Will Slaughter This Bitcoin Price Rally

3 Bearish Factors That Will Slaughter This Bitcoin Price Rally

TweetShareBy CCN.com: The bitcoin price on Wednesday extended its rebound from $3,859, surging as much as 2.80-percent since the Asian session to crack $4,000 on most major crypto exchanges.As of 18:20 UTC, the bitcoin-to-dollar exchange rate was trading at $4,011, down 0.52-percent from the session high at $4,032. The marginal downside correction didn’t interrupt the…

Trader: Bitcoin Bull Market Won’t Arrive Until Price Shatters $4,600

Trader: Bitcoin Bull Market Won’t Arrive Until Price Shatters $4,600

TweetShareIn the past seven days, the valuation of the crypto market has increased from $131 billion to $137 billion as the Bitcoin price slightly recovered to $3,960.Bitcoin Stagnancy Shows No New Money Entering Crypto MarketThe minor movement in the price of bitcoin despite the significant surge in the price of alternative cryptocurrencies suggest that existing…