Bitcoin Cash Price Watch – BCH/USD Dips Below $1,300 Amid Crypto Selloff

Key Highlights: Bitcoin Cash failed to crack above $1,400 earlier today. Instead, the coin declined below $1,300, now trading at around $1,250. A major resistance level has been established at $1,290. A decline toward $1,200 could still happen in the short term as the BCH/USD moving averages are trending downward. BCH/USD Dips Below $1,300 On Crypto Selloff On Wednesday, Bitcoin Cash failed to move above $1,400 but instead fell sharply below the $1,300 price level. The price dip was so steep that it even broke the 76.4% Fib retracement level.…

Bitcoin News: Price Below $8,500; Jack Dorsey Talks BTC at Consensus 2018

Bitcoin (BTC) has dropped below the $8,500 mark. This is significant news, and it’s likely Bitcoin bears are going to try to drag the currency below the $8,000 mark during the remainder of the week. Will it happen, though? Only time will tell, but we can look to various mediums to see if there is any specific Bitcoin news bringing the price down today, but what may help to turn it around for the coin is Jack Dorsey on BTC— his thoughts are very interesting. Bitcoin (BTC) Daily Chart Bitcoin (BTC)…

Bitcoin Price Watch – BTC/USD Falls Below Critical $8,500 Mark

On Wednesday morning, Bitcoin price dipped below the critical $8,500 price level as bears began to rally, potentially sending the coin further down toward $8,000 and beyond. At its lowest point today, BTC/USD reached $8,100. For the past seven days, Bitcoin value declined by about 12%. Bitcoin Could Fall Below $8,000 Bitcoin price dipped below $8,500 today, and it could fall even further later this week as another crypto selloff has begun. One of the catalysts triggering this selloff could be Microsoft Bing’s ban on crypto advertising. Bing now joins…

Bitcoin Cash News: Roger Ver Still Bullish; Network Updates; BCH Down

Bitcoin Cash (BCH), ranked as the fourth largest cryptocurrency, is down today — as with the rest of top-ten coins, though. This may come as a surprise to some, considering there was some major Bitcoin Cash news circulating yesterday. Specifically, news regarding Roger Ver and his bullish stance on Bitcoin Cash (BCH).  Bitcoin Cash (BCH) Daily Chart  Bitcoin Cash (BCH) is currently selling for $1,282.43. This puts BCH down 6.40% in the past twenty-four hours.  Source: CoinMarketCap Bitcoin Cash (BCH) has a market cap of $21.97 billion, putting it below Ripple…

Bitcoin Price: Is Wall Street’s Interest Signaling a Potential Upside?

Wall Street and institutional investors could push Bitcoin price higher:  Bitcoin price (BTC) has been making dramatic downside moves over the last couple of weeks. These moves are quite surprising for bulls since numerous fundamental developments are creating underlying support for the entire cryptocurrency market. The downside volatility moved bitcoin price to $8,200 level last week after peaking around $9,900 a few days ago. BTC coin price currently trades around $8,800. The rest of the cryptocurrency market is in the doldrums. Several altcoins posted major losses last week amid the…

LedgerX Launches Bitcoin Savings Account: HODLers Unite

Are you a Bitcoin HODLer? If you are, LedgerX is launching a Bitcoin savings account that might be right up your alley. The LedgerX Bitcoin Savings Account The cryptocurrency asset management platform, LedgerX, is launching the first Bitcoin (BTC) savings account that will be regulated by the Commodities Future Trading Commission (CFTC), reports Forbes. The goal of the Bitcoin savings account is to provide investors with a fiat-based yield on their Bitcoin holdings. This is done through a simplified version of a call overwrite. All an investor needs to do…

Bitcoin is Money, Ethereum is Empowerment

Bitcoin is money, Ethereum is empowerment. Since 2013 altcoin after altcoin has tried and failed to replace Bitcoin as the number one cryptocurrency on the market. It is fascinating how Bitcoin persists even though other coins may be faster, cheaper to move, or even arguably more secure. One lesson from all of this is the best technology is not always the most widely used technology. Altcoins launched, many of which strived to replace Bitcoin, and then came Ethereum and all the rules changed. The discussions from the Crypto Community in…

Bitcoin Price: Bitcoin Rests At $8,400 After Last Week’s Crash

Bitcoin price (BTC) slammed 10% last week to the lowest level in the previous four weeks. The bear run intensified during the weekend trading after South Korean news agency reported that government authorities had raided one of the largest cryptocurrency exchanges. Altcoins, in particular, fumbled at a sharp pace over the last three days – as Upbit accounts for the major portion of their trading volume. The selling pressure has erased all the gains that altcoins have generated in the past month. Bitcoin price tumbled almost 17% since peaking to…

Is Bitcoin Safe? Renowned Investor Tim Draper Believes So

You may have asked the question: is Bitcoin safe? on multiple occasions. Should you really think to put your money into Bitcoin? Well, Tim Draper is an investor with renowned opinions about the cryptomarket. He is an avid believer in the positivities of crypto and his bullish position has earned him many followers and detractors. On multiple occasions, his predicted forecasts have proved successful despite adverse scenarios, and this is something to take into consideration. A few years ago, Draper predicted that Bitcoin would increase by more than 10k, a…

Roger Ver Predicts Ethereum and Bitcoin Cash Will Outrun Bitcoin Soon

Ethereum (ETH), and Bitcoin Cash could outplace Bitcoin (BTC) soon due to their superior technology and higher adaptations. Roger Ver – who has earned the moniker “Bitcoin Jesus” for his advocacy of Bitcoin from the early years, believes that Bitcoin could lose its leading position in the cryptocurrency sphere. He says cryptocurrencies like Ethereum and Bitcoin Cash (BCH) have better technologies and are well positioned to generate substantial gains in the days to come. Ethereum coins currently trade around $700 USD with the market capitalization of $69 billion. Its price…