3 Worst Pieces of Advice for Novice Cryptocurrency Speculators

In the world of cryptocurrency, relying on other people’s advice is both necessary and risky at the same time. Some pieces of advice can work out quite well, even though other information will not yield any positive results. The following four pieces of advice are often considered the “worst” to share with other cryptocurrency enthusiasts in this day and age. #3 Ignore Technical Analysis It has become apparent not every fan of cryptocurrencies sees merit in technical analysis.
Bitcoin Price Surges 20% Overnight as Volume of CBOE Futures Skyrockets

Bitcoin Price Surges 20% Overnight as Volume of CBOE Futures Skyrockets

The bitcoin price has surged by more than 20 percent overnight, triggered by the launch of the Chicago Board Options Exchange (CBOE) bitcoin futures trading platform.
Bitcoin Price Surpasses $17,000 in South Korea, an Extreme $3,500 Premium

Bitcoin Price Surpasses $17,000 in South Korea, an Extreme $3,500 Premium

The bitcoin price has surpassed $17,000 in South Korea, peaking to $17,500 earlier today, on December 7.
$12,000 and Higher! Bitcoin Price Hits New Milestone as Market Turns Optimistic

$12,000 and Higher! Bitcoin Price Hits New Milestone as Market Turns Optimistic

Earlier today, on December 6, the bitcoin price achieved a new all-time high at $12,278, within 24 hours since achieving its previous all-time high at $12,000.
$11,874: Bitcoin Price Achieves New All-Time High, But It is Only the Beginning

$11,874: Bitcoin Price Achieves New All-Time High, But It is Only the Beginning

Earlier today, on December 3, the bitcoin price achieved a new all-time high at $11,874, for the third time this week, after its full recovery from the previous major price correction.

Nobel Economists Don’t Like Bitcoin Because it Disrupts Traditional Finance

Share Over the past week, Nobel laureates Joseph Stiglitz and Robert J.
Bitcoin Price Stabilizes in $11,000 Region, as it Recovers From Correction

Bitcoin Price Stabilizes in $11,000 Region, as it Recovers From Correction

Share The bitcoin price has fully recovered from its most recent major correction in which it fell from $11,441 to $8,800.
Bitcoin Price Declines to $9,200; Factors For Another Strong Rally?

Bitcoin Price Declines to $9,200; Factors For Another Strong Rally?

After surging to $11,441, establishing a new all-time high for the third time this week, the bitcoin price has declined to $9,200. On November 29, CCN reported that the price of bitcoin surged from around $10,000 to $10,884, recording an $800 daily increase in value.
A Rollercoaster: Bitcoin Price Dips Below $9,100, Recovers to $10,300

A Rollercoaster: Bitcoin Price Dips Below $9,100, Recovers to $10,300

Yesterday, on November 30, the bitcoin price dipped below $9,100, dropping to $9,000 at one point, as a massive sell-off occurred on Bitfinex, the world’s largest cryptocurrency exchange by trading volume. Within hours, the price of bitcoin recovered back to $10,200, surging by more than $1,200.
$10,884: Bitcoin Price Achieves New All-Time High Amidst Strong Rally

$10,884: Bitcoin Price Achieves New All-Time High Amidst Strong Rally

The bitcoin price has achieved a new all-time high once again this week at $10,884. The market valuation of bitcoin has surpassed $180 billion, securing a market valuation that is higher than most major financial institutions. Factors of Bitcoin Price Increase Initially, optimism surrounding tens of billions of dollars in institutional money being moved into the bitcoin market triggered investors within the cryptocurrency and traditional finance markets to invest in bitcoin.

Tim Draper Reaps Over $110 Million With his 2014 Bitcoin Investment

In an interview with Fox Businesses in 2014, billionaire investor Tim Draper predicted the bitcoin price to surpass $10,000 in three years. At the time of reporting, the bitcoin price is at $9,650, and is en route of reaching $10,000 by the end of 2017. Basis of Draper’s Prediction Since 2014, Draper has been one of the most active investors in the cryptocurrency market, alongside Barry Silbert of Digital Currency Group.

Why Dan Bilzerian’s Diversified Portfolio of Cryptocurrencies is Favorable

Dan Bilzerian, the popular social media celebrity and professional poker player, has a diversified portfolio of cryptocurrencies, with funds evenly spread out amongst the most valuable digital currencies in the market. “For everyone asking, i have 50% Bitcoin, 25% ETH, 15% Monero and 10% Bitcoin Cash,” said Bilzerian. Merits of a Diversified Portfolio of Cryptocurrencies As bitcoin and security expert Andreas Antonopoulos explained, it is favorable to maintain a diversified portfolio of cryptocurrencies rather than allocating all of the capital into a single digital asset for risk minimization.
$9,060: Bitcoin Price Achieves New All-Time High, Moving Closer to $10,000

$9,060: Bitcoin Price Achieves New All-Time High, Moving Closer to $10,000

The bitcoin price has achieved a new all-time high on November 26 at $9,060, moving closer to the $10,000 region. $10,000 Interim Target of Prominent Analysts Realistic Earlier this year, highly regarded investors and financial analysts including RT’s Max Keiser and billionaire hedge investor Mike Novogratz established the interim price target of bitcoin at $10,000.
Ethereum Price Moves Closer to $500, as New All-Time Highs Achieved

Ethereum Price Moves Closer to $500, as New All-Time Highs Achieved

The Ethereum price achieved $483 for the first time in history, moving closer to the $500 mark. Billionaire investor Mike Novogratz expects the price of Ether to surge throughout 2017. Optimism Around Development The Ethereum network remains as the only public blockchain that process more transactions than the Bitcoin network on a daily basis.
Bitcoin Price Hits New All-Time High at $8,668, Led by Japan and South Korea

Bitcoin Price Hits New All-Time High at $8,668, Led by Japan and South Korea

The bitcoin price has achieved a new all-time high for the second time this week at $8,668, with strong momentum led by Japan and South Korea. Over the past few days, the two largest bitcoin markets demonstrated trades with significantly high premiums.
Bitcoin Price Hits New All-Time High in South Korea, at $8,450

Bitcoin Price Hits New All-Time High in South Korea, at $8,450

The global average bitcoin price has surpassed $8,300 earlier today, on November 24, as the South Korean market demonstrated trades with a premium rate of around 5 percent. Since then, the price of bitcoin has fallen to $8,150, experiencing a slight correction.

With a New All-Time High, is Bitcoin Price Moving Closer to $9,000?

As CCN reported today, the bitcoin price achieved a new all-time high at $8,380. Analysts including Bitfury vice chairman George Kikvadze stated that all indicators point towards strong short and mid-term momentum for bitcoin. “Buying even more bitcoin at $8000.
Bitcoin Price Hits New Record High Near $8,400; is Market Ready to Make its Next Move?

Bitcoin Price Hits New Record High Near $8,400; is Market Ready to Make its Next Move?

Since November 20, the bitcoin price has increased from $7,700 to $8,315, stabilizing in the $8,200 region throughout much of Tuesday’s trading before surging to a new all-time high of $8,380. Analysts expect bitcoin to initiate new rallies in the short-term, given the market’s confidence in bitcoin’s short and mid-term growth. Tether Leads to Brief Bitcoin Price Dip Earlier today, as CCN reported, Tether Treasury wallet experienced a major security breach, leading to the loss of nearly $31 million.
Bitcoin Price Surpasses $7,500; Market Confident on Entry of Institutional Investors

Bitcoin Price Surpasses $7,500; Market Confident on Entry of Institutional Investors

The bitcoin price has surpassed $7,500 today, on November 16, achieving $7,558 at its peak, as the market continues to demonstrate optimism around the rapid rate of adoption by leading financial platforms. $15 Billion App Square’s Integration of Bitcoin Earlier this week, Square, the $15 billion payments app development firm operated by CEO Jack Dorsey, the founder and CEO at Twitter, surprised its users with the integration of a bitcoin brokerage feature on its mobile app used by more than 3 million active users.
Bitcoin Price Surges to $6,830, as Mainstream Adoption Continues

Bitcoin Price Surges to $6,830, as Mainstream Adoption Continues

Earlier today, the bitcoin price soared to over $6,830, achieving $6,905 at its peak, triggered by the increasing adoption of high profile investment firms and payment services providers. Institutional Investors and Wall Street Are Ready to Invest in Bitcoin This week, $95 billion hedge fund Man Group, announced that the company will invest in bitcoin and add the cryptocurrency to its diversified portfolio upon the launch of a bitcoin futures exchange by CME Group, the largest options exchange in the world.
Bitcoin Price Increases to $6,550 as Market Regains Confidence in Mid-Term Growth

Bitcoin Price Increases to $6,550 as Market Regains Confidence in Mid-Term Growth

The bitcoin price has increased to over $6,550, after dipping below $5,600 on November 12. Analysts have attributed the recent increase in the price of bitcoin to CME Group’s confirmed launch of its bitcoin futures exchange by the second week of December. Regulated Bitcoin Futures Exchange by December Over the past two months, several high profile investors including billionaire hedge fund legend Mike Novogratz emphasized that a rapidly growing number of institutional and retail investors are preparing to engage in bitcoin and invest in the market.