Today's Hot Topics

Expert Claims That Bitcoin Will Rise 6000% In 6 Years, Seriously

As Bitcoin starts to retreat and as the markets start to balance, we may all start to be feeling a little less optimistic about a potential looming bull run. We do know that this is mostly likely down to the SEC decision to reject the Winklevoss application for a Bitcoin ETF but regardless of what’s caused it, it’s happening and unfortunately, there’s not a lot we can do about it at present. Mark W Yusko, the famed Hedge Fund Manager has recently spoken out about the future of Bitcoin. Within this Yusko believes that actually Bitcoin hasn’t even reached its...

Read More

Bitcoin Is Still Unwanted In The USA As Only 2% Of Investors Actually Own Any BTC

According to a recent study by Wells Fargo & Gallup, Bitcoin is still a very minor entity in the United States, with very few investors displaying an interest in it and moreover, only 2% of investors actually owning any Bitcoin. The findings have been published in a report by Lydia Sadd which can be found, here. According to Saad; “Bitcoin, the leading form of digital currency that has seen its price soar, crash and rise again in the past year, has made little headway with U.S. investors. According to a Wells Fargo/Gallup poll, just 2% of investors say they currently...

Read More

Bitcoin ETF Rejected By SEC Causing A Shockwave Through The Markets

A long awaited decision regarding the passing of a potential Bitcoin Exchange Traded Fund (ETF), established by the Winklevoss twins has been made by the United States Securities and Exchange Commission (SEC). The decision to reject the ETF has been made by the SEC, causing a shockwave through the markets. This is the second time the Winklevoss twins have had a Bitcoin ETF rejected by the SEC, calling into question their justifications for this second attempt. Within this, the twins wanted to receive permission to list the world’s first Bitcoin ETF on their cryptocurrency exchange, Gemini. According to CNBC: “Last...

Read More

Market Update - A Down Swing For BTC, XLM And LTC Whilst VEN Hits The Moon

We very almost saw an entire working week of positive movements, it was close, but now it seems we have just about missed out. The norm is back, figures are falling and the markets look to be set in a downward trajectory for the foreseeable future. This seems to be the result of some negative new stories that have hit headlines today, stories that have shaken the foundations of the markets somewhat and have caused prices to tumble. Alternatively, this could simply be down to correction, if this is the case, we might well see prices take an upswing once...

Read More

Bitcoin (BTC) Likely To Find A Bottom between $5,000 And $3,000 This Year

Bitcoin (BTC) has run into resistance and now appears to have topped out once again as it sets for a pullback. EMA alignment for BTC/USD on the daily chart above continues to remain bearish. The price action is showing signs of weakness as the bulls lose momentum at the strong downtrend resistance. RSI on the daily chart has also reached overbought levels. Furthermore, the RSI is trading in a rising wedge, a bearish indicator which means the price is likely to retrace strongly in the next few days. A rejection at this point would prepare Bitcoin (BTC) for its next...

Read More