Bitcoin Price Holds $9000 Support As Bear Calls Fade

The huge dump that everyone expected following bitcoin’s epic move late last week has yet to materialize. BTC is holding on to most of its gains as it forms another sideways channel. Calls for a return to crypto winter are now beginning to fade as the potential bottoms are rising. Bitcoin Price Holds Above $9,000 …

Starbucks Will Accept Bitcoin in 2020, Thanks to Wall Street’s Bakkt

Bakkt’s consumer app trials to commence by mid-2020. Starbucks is the largest coffee chain in the world by the number of outlets. Bakkt wants to move beyond futures trading. Months after Starbucks disappointed the crypto space by backpedaling on reports that it would be accepting direct Bitcoin payments, the coffee chain has been announced as …

3 Reasons Bitcoin Price May Hit $20,000 by Year-End

Days after a depressing flash crash, Bitcoin had a mind-bending rally, snapping up a 42% gain. BTC moved up from $7,500, briefly touching $10,000. Then the leading coin settled around $9,500, but in just a few short days, the market sentiment was repaired. The path seems open for bitcoin to stage an end-of-year rally, with …

Ethereum (ETH) Grinding Higher, Bitcoin Could Revisit $10K

Ethereum price is showing positive signs above the $175 and $180 levels against the US Dollar. Bitcoin price is climbing higher and it is likely to revisit the key $10,000 resistance area. There is a rising channel forming with support near $183 on the hourly chart of ETH/USD (data feed via Kraken). The pair is …

Living on Bitcoin in Europe: Lightning Strikes in Berlin

Bitcoin Magazine supplied reporter Colin Harper with a fistful of sats and set him loose in Europe. This is the third installment in his “Living on Bitcoin in Europe” series. Catch up on Colin’s earlier adventures in Living on Bitcoin in Europe: From Amsterdam to Prague, No Cash Required and Living on Bitcoin in Europe: …

Ripple Effect From Bitcoin ‘Xi Pump’ Is Strong In China

It seems that the words ‘blockchain’ and ‘breakthrough’ were scarcely out of President Xi’s mouth (albeit in the equivalent Chinese language form) before bitcoin price started to pump. Well 12 hours later, Primitive founding partner, Dovey Wan, noted some additional ripple effects caused by Xi’s comments. Bitcoin, Not Blockchain The fact that Xi’s proclamation was …

30% Bitcoin Price Boom Coincides With Dow Jones Surge to Near Highs

Over the past few months, Bitcoin (BTC) has been lauded by economists, investors, and commentators as an up-and-coming “safe haven” asset. However, it seems that the cryptocurrency is still at least macro and tangentially correlated with traditional equities. In fact, on the day that U.S. stock indices, namely the S&P 500, approached and effectively tapped its …