Hot Topics

Advertisement

Advertisement

Bitcoin Ends First Quarter On A Disappointing Low

Bitcoin has put in a disappointing performance this year, a stark cry from the end of 2017, and it appears it is not over yet. The biggest and most popular cryptocurrency has dropped by a further 7%, taking it below $7,500, the lowest it has been since early February. This means, in 2018 alone, the token has seen a huge loss of 48%. The good news for Bitcoin is though that it is not alone, and other digital currencies have too suffered losses, some even bigger than Bitcoin’s. Of course, one of the main reasons for this is the new...

Read More

The Most Anticipated Bitcoin Death Cross(Analysis)

Analysts have been talking about a possible death cross on Bitcoin for a long time now. A death cross occurs when the 200 Day Moving Average crosses above the 50 Day Moving Average on the Daily Chart. Death cross is known for its devastating effects on the price of a stock. Most of the time, it pushes that particular stock or other financial asset in a bear market. In the case of Bitcoin, mainstream media picked it up and then most first time investors started to take it too seriously without realistically examining its specific implications in this case. This...

Read More

Reddit Have Stopped Accepting Bitcoin As A Payment Option

The passionate Redditors among us may have noticed that Bitcoin is no longer accepted as a payment option for paying for a gold membership with the website, instead the site has reverted back to only accepting payments via card and PayPal. A similar thing happened with computer gaming platform Steam late last year. It’s strange that even though cryptocurrencies, namely Bitcoin, seem to be creeping further and further into the mainstream world, big tech names like Steam and Reddit are actively preventing them on their services. The most likely reason for this move is that it’s often difficult to get...

Read More

Bitcoin Price Crash Is Nothing To Worry About Says Leading Data Scientist

Bitcoin, Bitcoin, Bitcoin, probably one of the most searched for words on Google in 2018. Today, the value of the coin is down once again, down by almost 6% to a value of $7561, concerning when you consider that in December it hit $19,000. Since I wrote the first sentence, I thought it would be interesting to see how the word Bitcoin is trending on Google. I was wrong, it’s actually far less searched for now than it has been for nearly a year - https://trends.google.com/trends/explore?q=bitcoin Oh well, you see my point though. In the midst of the drama surrounding...

Read More

Reddit Says Goodbye To Bitcoin

It appears that the use of cryptocurrency is becoming more mainstream, and more widely accepted. Something that the market has been trying to do for years. But, as we hear about more businesses who are starting to accept Bitcoin and other cryptocurrencies as payment methods, we also hear how one is shutting its doors on Bitcoin. For five years, since 2013, popular site Reddit, has given you the option of paying for their Reddit Gold membership with the most popular cryptocurrency, Bitcoin, along with more traditional payment options of credit card and PayPal. However, a moderator of the site, has...

Read More