bitcoin

  1. Jamie McKane

    Bitcoin is having its worst week of the year

    Bitcoin is having its worst week of the year Bitcoin’s having its worst week this year, and the rest of the cryptocurrency market isn’t doing much better. The world’s largest digital asset fell about 15% this week to around $10,145, the biggest five-day slide since November. The Bloomberg...
  2. Jamie McKane

    US delays Bitcoin ETF decision again

    US delays Bitcoin ETF decision again The U.S. Securities and Exchange Commission again delayed a decision on approving two Bitcoin exchange-traded funds, dealing another blow to those in the cryptocurrencies community holding on to the belief that a favorable decision was imminent. The...
  3. Jamie McKane

    Bitcoin and gold rise as traders seek refuge

    Bitcoin and gold rise as traders seek refuge As gold climbed toward the psychological $1,500 mark, another speculative asset has also been staging a recovery. Bitcoin is well away from its historical peak; in fact, it’s below the recent June high. However, the two assets look to have been...
  4. Jamie McKane

    Bitcoin climbs above $11,000

    Bitcoin climbs above $11,000 Bitcoin climbed above the $11,000 level for the first time since mid-July and led gains among the biggest cryptocurrencies, as risk assets across Asia and Europe tumbled on escalating trade-war tensions. The largest cryptocurrency surged as much as 14% from...
  5. Jamie McKane

    How to purchase cryptocurrency in South Africa

    How to purchase cryptocurrency in South Africa It's been a while since cryptocurrency first leapt into the global spotlight thanks to its wild price rises, but many people are still unaware of exactly how it works. Before even contemplating a cryptocurrency purchase, it is important to note...
  6. Jamie McKane

    Why South Africans are eager to buy Bitcoin

    Why South Africans are eager to buy Bitcoin During the Bitcoin craze of 2017, South Africans from all walks of life eagerly climbed on the rocketing cryptocurrency in an effort to make some quick returns. Cryptocurrency exchange Luno, which operates in South Africa and allows locals to buy...
  7. phly

    Altcoin Thread - 2019

    Thought this should be created to discuss all the alts that exist out there. Is it alt season yet or Bitcoin has not settled enough for the alt season to start? Some are popping up and others are at their lowest. Could it be a question of time before we see altcoins outpace bitcoins recent growth?
  8. Jamie McKane

    South Africans should buy some Bitcoin - Michael Jordaan

    South Africans should buy some Bitcoin - Michael Jordaan Cryptocurrencies are likely undervalued at the moment and South African investors should make the digital currencies a small part of their investment portfolio, Michael Jordaan told the Sunday Times. Jordaan is well known as the founder...
  9. Jamie McKane

    Bitcoin crashes down below $8,000

    Bitcoin crashes down below $8,000 Bitcoin fell back below the $8,000 level for the first time in more than a week to halt its most recent rally, leading a wider retreat among cryptocurrencies. The largest digital currency slumped almost 10% and was trading at $7,930 at 8:57 a.m. in Hong Kong...
  10. Jamie McKane

    Bitcoin bulls prepare for the halvening

    Bitcoin bulls prepare for the halvening Bitcoin bulls are already touting the next great “halvening” as a catalyst for more price gains by the biggest cryptocurrency. That’s an event, also called halving in the crypto community, that occurs every few years when the number of coins awarded to...
  11. Jamie McKane

    Bitcoin continues climbing above $8,000

    Bitcoin continues climbing above $8,000 Bitcoin rallied past $8,000, extending its longest winning streak since 2013 while giving fresh momentum to a cryptocurrency market that crashed only last year. Just hours after leaping 25% on Monday with no apparent explanation, the largest digital...
  12. Jamie McKane

    Bitcoin soars above $7,000

    Bitcoin soars above $7,000 Bitcoin jumped above $7,000 and didn’t look back, as its longest winning streak since 2013 continued to rekindle the global cryptocurrency market. Monday’s 16% advance comes only a few days after the digital asset broke through $6,000 and looks set to boost investor...
  13. Jamie McKane

    Bitcoin breaks above $6,000 for the first time since November

    Bitcoin breaks above $6,000 for the first time since November Bitcoin’s nine-day rally has pushed it back above $6,000. The biggest cryptocurrency outperformed its closest peers again in the digital market on Thursday and has now rebounded more than 90% from its trough last December. [Bloomberg]
  14. Jamie McKane

    Bitcoin is on its way back up - Strategist

    Bitcoin is on its way back up - Strategist Bitcoin is in the middle of a sustained recovery and investors should use recent weakness to buy more, according to Fundstrat technical strategist Robert Sluymer. The largest cryptocurrency climbed to its highest since November. “Use pending pullbacks...
  15. Jamie McKane

    How Bitcoin's crash compares to other bubbles

    How Bitcoin's crash compares to other bubbles Only four months ago, Bitcoin seemed on the verge of extinction as investors fled one of history’s biggest bubbles. But after the steepest two-day rally since the height of crypto-mania in 2017, more and more market observers are asking the same...
  16. Jamie McKane

    Bitcoin is surging again - Just ignore it

    Bitcoin is surging again - Just ignore it Bitcoin spiked briefly above $5,000 on Tuesday, a level it hasn’t reached since it crashed spectacularly in November. The surge pulled up other cryptocurrencies, too. But have no fear of missing out: Whatever the explanation, there’s no good reason to...
  17. Jamie McKane

    Be careful of investing in Bitcoin in 2019

    Be careful of investing in Bitcoin in 2019 Bitcoin has experienced an overall rally since the beginning of 2019, with its price increasing from around $3,750 to over $4,000 at the time of writing. This does not necessarily mean that the cryptocurrency has become a good investment or will...
  18. Jamie McKane

    Bitcoin is far from dead

    Bitcoin is far from dead Cryptocurrency projections have been bleak lately, and it is difficult not to blame investors for their pessimistic outlook as Bitcoin drops to its lowest price since 2017. Since reaching astronomical highs, major cryptocurrencies have continued to plummet - wiping out...
  19. Jamie McKane

    Bitcoin drops to lowest price since 2017

    Bitcoin drops to lowest price since 2017 Bitcoin’s painful 2018 crash continues, with the original cryptocurrency touching the lowest in more than a month on Monday. Falling as much as 5.2 percent since the weekend, the largest digital asset in the space dragged the Bloomberg Galaxy Crypto...
  20. Jamie McKane

    Bitcoin is now worth less than it costs to mine

    Bitcoin is now worth less than it costs to mine The production-weighted cash cost to create one Bitcoin averaged around $4,060 globally in the fourth quarter, according to analysts with JPMorgan Chase & Co. With Bitcoin itself currently trading below $3,600, that doesn’t look like such a good...
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