Sunday – June 24th, 2018 had been the day when the price of Bitcoin had reached a new yearly low, breaking below the 5,873 low set at the beginning of February. The new 2018 low is located at 5,777 and since then the price managed to recover. Even though we
Bitcoin Info News Articles by Crypto Frontline
The world’s most famous cryptocurrency had been gaining short-term momentum on June 18th afternoon, supported by positive news coming from New York. A few days ago we have talked about the breakout of the triangle pattern, but for the last five days, the price action had been consolidating higher. That
Bitcoin bearish momentum had continued to accelerate and now the coin sits around a low seen last time in February. In our last weekly analysis, we have warned that a sluggish response from the bulls will result in a bearish move and that is what we are seeing right now.
Bitcoin had a bumpy ride since the beginning of 2017. Last year the coin banked a staggering 1,300% return, almost reaching 20,000$ per coin on the Coinbase exchange. However, the year 2018 had not been the same, with the most popular cryptocurrency losing more than 50% of its value. According
One of the biggest Japanese internet companies – GMO, which is also involved in cryptocurrency exchange, mining operations and even pays some a portion of the salaries in Bitcoin, had announced it will implement Bitcoin as a reward for one of its games. Although this might not sound too important,
For the last three weeks, the price of Bitcoin had been under pressure and that negative sentiment had been fueled by the recent news which points out the US Department of Justice had launched a criminal probe into price manipulation of Bitcoin and other Altcoins. The news had contributed to
The main critic directed to cryptocurrencies in the last two years had been the lack of utility in the current economy. However, things are beginning to change and Bitcoin is one of the cryptocurrencies favored. Recently, a bank from Argentina had started to use Bitcoin for cross-border payments. It will
LedgerX, one of the most popular cryptocurrency asset management platform had launched a new feature for those people wanting to invest in Bitcoin over the long run. Buy-and-hold is now easier with the new licensed Bitcoin savings account, which has some special features, according to a recent material published on
There had been reports from Bloomberg which state that there is around 7% of the total Bitcoin supply held in cold storage vaults. Also, we will talk below about an online wallet provider which had been reported as a scam. We’ll describe both situations in contrast, so you will be
Another good news for Bitcoin comes from the United States. It seems like Goldman Sachs, one of the biggest investment banks in the world, is looking to open the first Bitcoin trading operation on Wall Street, as CNBC had been reporting on May 3rd 2018. This move surprises the financial
