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bitcoin News

Bitcoin price crashes through $7,000 may reach $7,500

Bitcoin has finally broken out to the upside, smashing the $7,000 barrier decisively and nearing the half-way mark to a new barrier of $8,000.

Bitcoin dips close to $6,000 level before recovering

After threatening to test the $6,000 level bitcoin's (BTC) price has rebounded to a high of $6,283 after it had the other day reached down as far as $6,080 with bitcoin being oversold intraday.

Bitcoin price closes on July 10th well below $6,500

A CoinDesk analysis posted at 10:40 UTC today described the bitcoin (BTC) price as being on the defensive today and predicted that it could suffer deeper losses within the next few days.

Q&A: How the public will come to accept cryptocurrency Special

Dr. Nick Almond, a professor in the U.K., believes that the adoption and acceptance of cryptocurrency will come through a crypto lottery. He explains why would the game that is as old as time will help crypto become accepted.

New Coinsquare API lets businesses offer digital currency trading

One of Canada's biggest digital currency trading platforms Coinsquare recently announced the launch of Coinsquare Licensing, a sector of Coinsquare that offers digital currency trading platforms for businesses.

Bitcoin trading in a narrow range above $6,700

BItcoin (BTC) is trading within a very limited range just over $6,700 and so far appears unable to break through key resistance levels to test the $7,000 level but there are still quite a few hours of trading for July 8th.

Bitcoin still is not able to test $7,000 level

On Wednesday bitcoin (BTC) rose to a high of $6,785 on Bitfinex the highest level since back on June 22 and looked as if it would test the psychological hurdle of $7,000 as was suggested by its Monday performance.

Bitcoin poised to test $7,000 level this week?

A CoinDesk article posted at 11:29 UTC today claims that bitcoin's (BTC) price is flashing green, even after a somewhat down day yesterday.

Bitcoin rises up over the $6,500 level today

After a drop well below the $6,000 level last week, the price of bitcoin (BTC) is well above the $6,000 level again and has been even above the $6,500 level.

Cryptic message possibly signals a book by Satoshi Nakamoto

A cryptic message posted this Friday on a website that is possibly linked to Satoshi Nakamoto, the pseudonym of the person who released the original white paper on Bitcoin in 2008 indicates the bitcoin founder may write a book setting the record straight.

Bitcoin dips well below $6,000 only to jump back up over $6,500

Early yesterday there were signs of a possible corrective rally in the price of bitcoin (BTC), but the price closed the day below $6,000 for the first time since last November 12.

Bitcoin's price seems stuck in a narrow range just above $6,000

Bitcoin's (BTC) price managed to stay above the $6,000 level all day today and even closed marginally up from its open but so far has not broken out either upward or downward.

Bitcoin recovers from dip to close weekend above $6,000

Bitcoin was predicted to dip below the $6,000 level on the weekend. It did so on Sunday but ended up recovering enough to close above the $6,000 level again.

Bitcoin's price now briefly dips into the high $5,000 level

The bitcoin price has today begun what appeared to be a steep decline below the $6,000 level. So far today the price has had a low of $5,785 a low for this year.

Bitcoin price drops briefly below the $6,000 level

An article in CoinDesk at 20:45 UTC today, Friday June 22nd, noted that at press time bitcoin's price had dropped as low as $6,063 its lowest points since February.

Bitcoin trading in narrow range above $6,600

While a CoinDesk analysis of bitcoin's (BTC) price movements yesterday claimed that it was facing a drop below $6,000 nothing of the sort has happened. Bitcoin opened today June 19th at more than $6,700. Perhaps the further drop will be later this week.

Neither bitcoin nor ethereum are securities according to the SEC

While earlier it appeared that the US Securities and Exchange Commission would treat cryptocurrencies as securities it now seems as if initial coin offerings (ICOs) will be considered securities but bitcoin and ethereum will not.

Bitcoin price revives but has not reached $7,000 level

A new analysis of the movements of the price of bitcoin (BTC) by CoinDesk claims that the price is still in recovery mode but must keep the price above a key support level which is just below $6,500.

Bitcoin’s rise could be due to price manipulation

A new study suggests the dramatic rise of cryptocurrency prices during 2017, which included bitcoin, ethereum, and altcoins, may have been the result of price manipulation.

Bitcoin prices may be preparing for a drop after brief recovery

On Sunday, bitcoin hit a two-month low of $6,619 on Sunday but recovered on Monday closing at $6,877. However, according to analysis by CoinDesk the slight rebound could be short-lived.

Bitcoin's price finally breaks out to the downside losing $800

On June 10 bitcoin's (BTC) price dropped precipitously 12 percent. Its losses now for the year are 50 percent. Other cryptocurrencies such as Ethereum and Ripple also declined over 10 percent today.

Bitcoin trading in a narrow range may breakout soon

Bitcoin has now been trading within a narrow range for over two weeks with low volatility. In the last 36 hours the price has not changed to any great extent.

Bitcoin trading in a narrow range above $7,600

Today June 6, bitcoin (BTC) traded in a narrow range mostly above the $7,600 level. However, the price managed to close slightly up from its open. It is now just an hour into June 7th UTC.

June 4th was a down day for bitcoin but still well above $7,000

Bitcoin has been trading within the $7,000 to $8,000 range for some time now. It looked as if the price would reach the $8,000 level but instead it retreated several hundred dollars over today's trading ending up below the $7,500 level.

Bitcoin climbing through mid-range between $7,000 and $8,000

May was not a good month for bitcoin's price but today it is recovering from recent lows and has risen above the $7,500 levels. However, the monthly chart is bearish according to a recent CoinDesk analysis.

Bitcoin price rising but still below $8,000 level for now

A Coindesk analysis today notes that the recent sell-off ran out of steam yesterday at $7, 270. As the article went to press at 10:30 UTC on May31 bitcoin (BTC)) was trading at $7,535 on Bitfinex and was up 0.6 percent over the last 24 hours.

Bitcoin struggles to stay above the $7,000 level

Bitcoin is struggling to keep from falling below the $7,000 level but so far today it has managed to do so perhaps indicating that the price may not continue to drop even further.

Bitcoin faces a down weekend well below $8,000 level

Not too long ago, bitcoin was approaching the $10,000 level but it never reached it. After trading in the $9,000 to $10,000 range for some time it then fell below $9,000 and had been trading between the $8,000 to $9,000 range up to now.

Bitcoin price managed to breach $8,500 again Sunday

Bitcoin closed below key technical levels on Thursday indicating a bearish trend but the consequent sell off bottomed out at $7,925 on Friday to be followed by a rally over the weekend boosting the price over $500 dollars.

Bitcoin mining — How much energy is really consumed?

It takes a lot of electricity to mine bitcoins, and as more miners try to cash in on the crypto craze, the amount of energy required to win new coins increases, according to new research published last week.
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A pile of Bitcoins
A pile of Bitcoins
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TRON is a blockchain-based decentralized protocol.
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At the state level lawmakers are embracing Bitcoin and other digital currencies.
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A scene from 'Dope'
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Bitcoin has broken a new record with the price for the digital currency topping $1,000 for the first time. Its value jumped, but it faces an unsteady future
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JACK GUEZ, AFP/File
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Bitcoin can be used to pay tuition at The University of Nicosia
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'Blockchain Disrupts Everything' — A panel discussion
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Cryptocurrencies such as Ethereum and Ripple have seen massive growth over the past year
Cryptocurrencies such as Ethereum and Ripple have seen massive growth over the past year
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University of Cambridge