Price volatility has been a non-starter for some investors, but bitcoin has paid off for long-term buyers. Since 2013, bitcoin's annual return has been 216 percent. In comparison, stocks and investment grade bonds have risen 16 percent and 1.6, respectively, according to UBS. On a risk adjusted basis...
Cryptocurrency industry figures are reacting with scorn after US economist Paul Krugman likened Bitcoin to “setting the monetary system back 300 years.”Bitcoin Is No Evolution,...
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Thursday, August 2: Bitcoin (BTC) and Ethereum (ETH) are trading around yesterday's levels, while other top 20 coins are seeing notable losses, according to data from Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) is up around 0.3 percent over the past 24 hours and trading at $7,579...
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Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will...
Bitcoin broke below the short-term support levels at the triangle and rising trend line, so bulls might need a larger correction before sustaining the climb. Price is still inside a new ascending channel forming on the 4-hour time frame and a test of support might be in the...
Bitcoin Price Key HighlightsBitcoin price broke below its short-term triangle consolidation and rising channel to pave the way for a larger pullback.The Fibonacci retracement tool shows the potential support levels where buyers could be waiting.Price might also be forming a larger ascending channel on its 4-hour time frame...
4 Hours Ago Is bitcoin back in purgatory? Bart Smith, Susquehanna head of digital assets, discusses why he believes it's ready for another breakout. With CNBC's Phil LeBeau and Scott Wapner, and the Fast Money traders, Pete Najarian, Karen Finerman, Steve Grasso and Guy Adami. Article Source
Regulators like the Securities and Exchange Commission shouldn't be acting as gatekeepers to new technologies like bitcoin, according to Commissioner Hester Peirce. Peirce's remarks, made during an interview with CoinDesk, follow the agency's decision to confirm the 2017 rejection of a bitcoin-tied exchange-traded fund backed by Cameron and Tyler...