How much profit will you earn in your life if you keep buying Bitcoin (DCA) or buy a lump sum of it?
If you want to jump into the wonderful world of crypto then you will need access to great, developer-friendly crypto APIs to power your product.
At the beginning of January 2021, Bitcoin set a new record-breaking price point, surpassing the $42,000 mark. Many experts believe that this is still far from the limit.
The cryptocurrency industry has just experienced the most anticipated event, Bitcoin (BTC) 2020 halving. The last 12.5 Bitcoin block has been mined by F2Pool and encoded the message of “NYTimes 09/Apr/2020 With $2.3T Injection, Fed’s Plan Far Exceeds 2008 Rescue.” paying tribute to Satoshi Nakamoto. Antpool was in luck and mined the first 6.25 Bitcoin block.
Crypto banker Silvergate Capital is going out of business. One more reason for hope!
Crypto-investors have recently expressed concern over the price fluctuations of Bitcoin. Please find below the Kyrrex forecasts on the present state of Bitcoin, the causes for price volatility, and expectations for future changes.
As we know, cryptocurrencies exist in the digital world, yet they’re still currencies. For this reason, cryptocurrencies are divided into smaller units in the same way physical currencies are. Just as the pound’s little bro is pence and the dollar’s is cent, the smallest unit of Bitcoin is called Satoshi. It is necessary for a currency to be parted into smaller denominations, if it aims to become a part of the global medium exchange.
On May the 11th, Bitcoin went through its third halving in its albeit short lifetime. Whilst this event was celebrated by most in the crypto community, some bring up some valid concerns about whether or not many miners will be able to survive with their revenues effectively cut by almost 50% in a single day.
Bitcoin's golden cross means nothing for the bull market. If history is our guide, bitcoin's price is slightly more likely to go down than up.
Here are three reasons why Bitcoin is so volatile.
In December 2020, the Securities and Exchange Commission (SEC) filed a lawsuit against Ripple, leading to a chain of events that threatens XRP and Bitcoin.
If you want to take profits, that’s fine. Just remember who you’re taking profits from: your future self. Try this instead.
It may seem like you get a better deal at $35k than at $65, but most people will tell you the opposite. They're wrong.
2020 is off to a tumultuous start, with an ongoing global pandemic likely to trigger a global recession. The Dow already experienced its greatest decline since the 2008 crisis, and even cryptocurrency markets are blood red, with Bitcoin suffering its biggest price crash in over a year.
In today’s digital world, both standard and social media channels are renowned for having a huge effect on our daily lives. From the ways we communicate and share content, to the ways we keep up to date with the world around us, social media has, and continues to have a disruptive effect on how we view the world. Cryptocurrencies have been no exception.
Bitcoin has just crashed, losing around half of its value. What's going to happen now? Who knows what Bitcoin is going to do? It could go either way.
Arguments for why Bitcoin the digital asset will not fail. What are they? Come on, let's go take a look...
PayPal’s user base could generate demand for over 15% of Bitcoin’s current market cap over the next 12 months.
When every other investment carries more risk and less yield than ever before, is bitcoin really such a bad bet?
In the case of Bitcoin, after every 210,000 blocks, Bitcoin halving will occur, and it can be continued until 2140.
Bitcoin's price remains in a three-year parabolic uptrend, but there's not much room left to go up. Do we get a blow-off top or will the parabola break?
This article covers everything you need to know about the process, history, and principles behind Bitcoin mining.
Bitcoin is poised to become the currency of the future and it is well supported technically by the concept of halving and stock-to-flow model.
Only 11 of the top 100 altcoins will survive (maybe less). Does that sound safe to you? Consider an alternative.
Pi Cycle indicator of bitcoin's price signaled the top is in for Bitcoin, the market cycle has peaked, and it's all downhill from here. Nobody believes it.
Sunday morning, 18.04.2021, the cryptocurrency market suddenly entered the red zone. Bitcoin and most major digital assets lost between 5% and 20% of their value overnight, leading to a massive liquidation of market positions totaling nearly $10 billion.
Stock-to-Flow predicts bitcoin's price will stay above $100,000 from summer to the end of this year. What if that doesn't happen?
Bitcoin may have more in common with traditional financial assets like bonds and stocks than other cryptocurrencies making it a particularly enticing investment
What is Mining:
There is no altcoin cycle. They all move up and down at roughly the same time, regardless of size.
Bitcoin's price could crash 50% and remain in a healthy uptrend.
Kyle Torpey writing at Forbes believes the answer to the question could well be a resounding YES! In his article he makes the case for a surge in bitcoin’s value over the next two years and discusses Anthony Pompliano’s bitcoin at $100,000 prediction.
Bitcoin’s halving is just around the corner. It is estimated to take place on May 12th, 2020, and it will slash the reward miners get from 12.5 BTC to 6.25 BTC. Currently, the network produces 1,800 BTC every day, and this is about to be reduced to 900 BTC.
In conclusion, the volatile nature of the cryptocurrency market can cause sudden drops and losses, as seen with the recent over $70 billion wipeout.
“Will this crypto winter be the last?”
This is part 1 of the long-term analysis of the bitcoin price chart based on the technical perspective provided by the Elliott Wave Principle (EWP). This article is an introduction to EWP while part 2 will apply the principle for price and date targets.
Thinking of Investing in Bitcoin? Here is Bitcoin's price history and some valuable insights that will help you make an informed decision.
Did we front run Bitcoin seasonality? Here we analyze Bitcoin's 4-year cycle.
Bitcoin (BTC) is not showing any decisive bullish signs even though the cryptocurrency market is back trading in the green on January 10.
As the world falls apart, cryptocurrency's too risky - but if you wait for prices to go higher, you will only get more risk for less reward.
The biggest crypto lending platform, trading firm, broker, and #2 crypto exchange all collapsed. Yet, crypto persists. How? Why?
$14,000 is the most realistic, sensible, natural technical price level in bitcoin history. But if you’re waiting for it to happen, you could be waiting forever.
Some things never change, even if the price does
Some think 2021 killed data models of bitcoin’s price because pretty much every prediction failed. Let's not be so quick to judge.
Without uncertainty, you would not have this opportunity.
The cryptocurrency market is once again seeing volatility after Bitcoin started to crash after last week's surge. During the second week in April 2020, the coin managed to climb above the $7k mark, and remain between $7,100 and $7,300 for days. However, as the week approached the end, Bitcoin suddenly crashed once more, pulling the rest of the market down with it.
As cryptocurrencies continue to soar to new heights, investors should remember the costs of mining.
The following are not my beliefs, but a compilation of notes from conversations I had with a self-described Bitcoin “mutant”, named Edan Yago, contributor to Sovryn. Letting him ramble on about Bitcoin resulted in mesmerizing, mythical, and fascinating ruminations about Bitcoin’s destiny. So for one, I myself believe in Bitcoin as a digital store of value. It is a huge chunk of my portfolio, and I believe it will outlast 99% of the cryptocurrencies we have today. There is no better symbol of scarcity and hard money in crypto to date. However, I feel just about the same level of admiration for Ethereum, as it is opening up so many use cases through DeFi and DAOs. I am putting my biases aside to explain a very rare (and what I find fascinating) point of view. I present you Part 1 of The Hero’s Journey of Bitcoin:
Embrace uncertainty. It’s the only reason we have this amazing investment opportunity.
The Bitcoin Blockchain is overvalued because it is inefficient, has a price that is extremely volatile, and is becoming more centralized as time passes.
The recent disclosure by Wall Street investor Paul Tudor Jones that his
Hedge Fund will start trading bitcoin futures to gain an exposure to
bitcoin of approx 2% of their total investment portfolio made the
financial headlines the past week. What was little discussed though
where the reasons that caused Tudor Jones to take such an important and
still contrarian investment step for a highly respected institutional
investor on Wall Street.
Don’t dismiss the possibility bitcoin will rocket to the peak of its market cycle. Four times before, it did the same thing in the same circumstances.
Earlier this year, bitcoiners obsessed over a looming collapse in the financial system and railed against the response of governments and central banks. BRRR, bubbles, socialism, all that.
What factors impact the Bitcoin price? Traditionally, we talk about supply, demand, competition, regulation, but liquidity is the king that manages all of them
How investors and custody's perception towards bitcoin changed in 2020
When everybody starts saying this, you will want to believe it. Do so at your own peril.
Bitcoin is booming. Just recently Elon Musk announced via a SEC filing that he put 10% of Tesla’s balance sheet into Bitcoin. However, every time there is a big drop people are scared that the end is near and that Bitcoin goes again down 80-90% like it did in 2018.. or 2014… or 2013. You see where I am getting there – Bitcoin often does that. Hence, we have market cycles and this article will look over previous market cycles in Bitcoin and where Bitcoin stands today.
Everybody expects bitcoin’s price to hit $100,000 eventually. Stock-to-Flow models, regression analysis, and lots of other models predict it will happen.
In recent weeks and days, the crypto markets have been exploding again and Bitcoin is back above the level it was at the end of 2017 with an all-time high based on the market cap.
Laszlo needed to prove a point; bitcoin can be inherently exchanged for goods, the hardcore attribute of anything that seeks to act as a medium of exchange.
Bitcoin's price tends to increase due to the Bitcoin Halving. So how much could Bitcoin's price increase as a result of the recent Halving In May 2020?
If you think bitcoin's bull market will peak at the end of 2021, you'd better hope the market cools off real quick. Otherwise, you may be very disappointed.
With bitcoin’s price gaining steam, you may think it’s about to go mainstream.
Bitcoin vs Ethereum 2021, race against mass adoption
Name: Psychedelic Bart a.k.a. Psycho Bart
Bitcoin price predictions are great but usually wrong. Dismiss them at your own peril, but also to go beyond them.
This year, sometime around mid-May, an event long anticipated in the Bitcoin community will occur: halving, i.e. the reward granted to miners per block added to the already existing blockchain (from 12.5 BTC to 6.25 BTC) will be halved. The history of Bitcoin will see 32 halvings, and we are approaching merely the third one. Very many people continue to wonder about the impact of this halving, about the evolution of the price, about what will happen with the miners, etc.
Bitcoin's volatility is nothing new, but it seems to ramp up as we approach, what could be a critical juncture for the cryptocurrency.
Will Bitcoin reach 100k USD before the end of this year? What are the predictions for the crypto market and when can we expect the market peak?
What if bitcoin's bull run ends at a price that's lower than you expect, sooner than you expect? Unless things change drastically, that will happen.
Bitcoin’s price is up 60% this year and down 30% since one month ago. And you're worried?
Our legacy financial system has turned money into a meme. People believe in it because everybody else believes in it. Is that so much different than crypto?
Seriously? I wait three years for a bitcoin bull market and it only lasts five months?
If you're still using the bitcoin dominance chart, make sure you know what it means. You may want to try a different chart.
Slow and steady wins the crypto race (in bull and bear markets)
Boomers keep dying. Millennials are inheriting their assets. Gen-Z is starting to get jobs and make money. Wall Street needs to keep its options open.
Invariably, as bitcoin spikes and defies gravity, either up or down, the attention of institutional investors, central bankers and prominent financiers is suddenly awaken.
The entrance of institutions into the Bitcoin market has been a blessing. However, this influx is causing problems for the liquidity of Bitcoin.
We take a look at Bitcoin from the technical perspective
Bitcoin's price is booming but don't forget about the most exciting new projects in crypto - altcoins.
The world’s most potent digital coin, Bitcoin has experienced a vigorous rally in 2019, but the latest surge in price is struggling to regain the power. Despite the obvious Bitcoin setbacks, some crypto fanatics still remain upbeat while others Bitcoin analysts see the potential of a deeper retracement.
No matter what they say about bitcoin, good or bad, it wins.
Imagine I told you I created a technology that could revolutionize finance and governance. As the #1 competitor in a $100 trillion market, it has a massive first-mover advantage. Thousands of developers use its technology and several billionaires have launched new ventures to bring it more value, utility, and positive attention.
In today’s research article, we’ll focus on dissecting Bitcoin’s Four Year Cycle in an effort to better understand Bitcoin’s current price predicament and gain insight into some of the more important technical steps price needs to achieve to ensure future exponential growth.
While there is some legitimacy to Bitcoin's negative carbon footprint, the claims are overblown and distributed ledgers can actually help the environment.
"In a few decades when the reward gets too small, the transaction fee will become the main compensation for nodes. I'm sure that in 20 years there will either be very large transaction volume or no volume."-Satoshi Nakamoto in 2010
The 8 Factors That Influence the Price of Bitcoin Downwards That You Should Know About. An important reminder.
Since its launch in 2009, Bitcoin has continued to thrill and confuse the global financial markets.
Part 1 of this series of analysis articles introduced Elliott Wave Principle (EWP). The core assumption is counter-intuitive, at first:
"The Wave Principle argues that markets are not driven by fundamentals or news, but instead by “social mood” – the collective psychology of all market participants"
