Bitcoin’s Fair Market Price is $14,800, Says Cryptocurrency Bull Tom Lee

Bitcoin’s Fair Market Price is $14,800, Says Cryptocurrency Bull Tom Lee

Advertisement Cryptocurrency bull Tom Lee says bitcoin’s dismal price of roughly $3,400 is wrong because its actual fair market value is $13,800 to $14,800. The Fundstrat founder said he made the assessment by considering the number of active wallet addresses, usage per account, and supply metrics. “Fair value is significantly higher than the current price of Bitcoin,” he…

Crypto Exchange Bithumb May Have Propped up Bitcoin Price: Analysts

Crypto Exchange Bithumb May Have Propped up Bitcoin Price: Analysts

Advertisement The bitcoin price touched a fresh yearly low this morning, leaving traders and investors scrambling for answers as the crypto market searches for a bottom. While there are numerous pressures that have weighed on bitcoin as it has taken step after step away from last year’s all-time high, research from CryptoCompare suggests that South…

Newsflash: Battered Bitcoin Price Sets New Yearly Low at $3,310

Newsflash: Battered Bitcoin Price Sets New Yearly Low at $3,310

Advertisement So much for that early week recovery. The bitcoin price touched a fresh yearly low on Friday morning, driving the crypto market even further into the red as financial markets across the board continued their recent downtrend. Bitcoin had entered the day on shaky footing, with many fearing that the flagship cryptocurrency’s inability to…

Bitcoin Cash Risks ‘Flippening’ as BSV Price Gains on BCH

Bitcoin Cash Risks ‘Flippening’ as BSV Price Gains on BCH

Advertisement Given the early post-hard fork performance, the race between Bitcoin Cash ABC and Bitcoin Cash SV has taken an interesting turn as of late, with the former shedding an increasing amount of market capitalization and the latter rebounding and recovering to the point that it is, at the time of writing, potentially on the…

Bitconnect Pumper Trevon James Claims the Bitcoin Price is Going to Zero

Bitconnect Pumper Trevon James Claims the Bitcoin Price is Going to Zero

Advertisement Crypto social media personality Trevon James, who was intimately involved in the promotion of the HYIP scheme BitConnect, which eventually led to law enforcement and legal action, says, in his infinite wisdom, that the Bitcoin price will be at $0 in ten years. 10 Years from now it won't matter if you bought Bitcoin…

$2 Million: Lightning Network Hits Milestone Despite Bitcoin Price Decline

$2 Million: Lightning Network Hits Milestone Despite Bitcoin Price Decline

Advertisement Twitter Facebook LinkedIn Perhaps it’s unsurprising to readers familiar with Blockstream CEO Adam Back’s recent prediction of a $500,000 Bitcoin, but one of the blockchain startup’s chief technological efforts, the Lightning Network (LN) — which facilitates off-chain Bitcoin payments instantly at very little cost — saw a rise to over $2 million in capacity…

Op-Ed: Bitcoin Price Hits 2018 Low – It’s Time to Buy the Dip

Op-Ed: Bitcoin Price Hits 2018 Low – It’s Time to Buy the Dip

Advertisement Twitter Facebook LinkedIn From a historical perspective, the most profitable strategy in Bitcoin has been “buying the dip.” This means that when the price drops notably, one purchases some coin, holds it, and later on when the price rebounds, sells it. The Bitcoin price has historically walked its way up the market capitalization stairs,…

Op-Ed: ‘Tis the Season — to Evaluate Bitcoin’s Price Performance

Op-Ed: ‘Tis the Season — to Evaluate Bitcoin’s Price Performance

Advertisement Twitter Facebook LinkedIn By Rafael Delfin, Head of Research at Brave New Coin, a leading provider of high-value cryptocurrency market data and insights, since 2012. October 31st, 2018 marked the 10-year anniversary of the publication of Bitcoin’s white paper. While it was initially circulated among a small and obscure cryptography mailing list, one decade…

Crypto Market Stabilizes as Tether Recovers, Real Bitcoin Price at $6,450

Crypto Market Stabilizes as Tether Recovers, Real Bitcoin Price at $6,450

Advertisement The crypto market has stabilized after a wild 24-hour period triggered by the sudden increase in the price of Bitcoin. On cryptocurrency-only and Tether-integrated exchanges like OKEx, Huobi, and Bitfinex, the price of Bitcoin exceeded $7,700, as the value of Tether (USDT), which is supposed to be pegged to that of the US dollar…

Bitcoin Gradually Increased in Price in September, Case for a Bull Run

Bitcoin Gradually Increased in Price in September, Case for a Bull Run

Advertisement Since early September, the price of Bitcoin has gradually increased from $6,100 to $6,550, testing the $6,800 resistance level on two occasions. Bitcoin experienced four dips in its price in the past 30 days and every consecutive drop in the price of the asset stabilized in a higher region than its previous decline in…