Bitcoin

For now, Bitcoin is just another trading toy Ah, Bitcoin. The stuff of dreams. The new frontier in currency and commerce. The gateway to a world dominated by blockchain technology, with newly-minted zillionaires lining of streets of urban and rural sites across the globe. Or, the speculative arm of a legitimate evolution of financial transactions. Now, before you get all defensive...

Bitcoin Hits New 2019 High Above $8,900 Bitcoin’s price has set a new record for 2019, reaching as high as $8,905 before retracing slightly. At 19:00 UTC on May 26, the world’s largest cryptocurrency by market capitalization broke from an ascending triangle pattern on the daily chart, after being held beneath $8,250 for an extended period of time. The move to fresh...

Is Bitcoin Back? A Few Technical Signals To Consider After a brutal 2018 for cryptocurrency investors, bitcoin has bounced back with a vengeance so far in 2019. Bitcoin prices are up 36 percent year-to-date to above $5,000, and a bullish technical signal this week has bitcoin bears on notice. Golden Cross Bitcoin generated a bullish golden cross in its chart on Tuesday when the...