The Bitcoin price breached the $700 mark today, its highest level since February 2014.
The cryptocurrency is up more than 51% in the last month and is poised for more gains.
By Diane Alter, Contributing Writer, Money Morning -
The Bitcoin price breached the $700 mark today, its highest level since February 2014.
The cryptocurrency is up more than 51% in the last month and is poised for more gains.
Here's how high the Bitcoin price could be headed this year...
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
The sudden 20% jump in the Bitcoin price over the past week can be traced back to buying in China.
The Chinese became interested in the digital currency back in 2013 and now are responsible for more than 90% of the world's Bitcoin trading. But the rapid rise in the Bitcoin price had a trigger.
Here's why Chinese investors made a mad dash for Bitcoin last week...
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
A new Bitcoin price prediction from an entrepreneur with a knack for making accurate calls on the digital currency sees Bitcoin going much higher over the next two years.
This is the third time in three years that Gyft founder Vinny Lingham has made a Bitcoin price prediction, and he was spot-on with the first two.
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
The Bitcoin price has doubled over the past year, and is up a solid 12% in April, despite an army of critics that continue to declare the digital currency dead.
Meanwhile the Bitcoin ecosystem continues to grow and thrive. What the critics can't see (or refuse to see) is that the price of Bitcoin has several powerful catalysts working on it right now.
Here's why the Bitcoin price is destined to rise much, much higher...
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
Another Wall Street firm has made an eye-popping Bitcoin price prediction.
This time it's Needham & Company, which has issued a report that says the Bitcoin price should be $655, about 57% higher than the current price.
Better still, Needham sees demand for Bitcoin rising over the next four years.
And it came up with this surprisingly high Bitcoin price prediction for 2020...
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
The rapid rise of a new cryptocurrency called Ethereum has fueled speculation that the incumbent Bitcoin now has a rival with the potential to sweep it aside.
It’s true that the price of Ethereum has soared more than 1,000%. And it’s already been adopted by such giants as Microsoft, IBM, and JPMorgan.
But the idea that the two are rivals is a misconception fanned by the media.
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
The price of Bitcoin took a tumble over the past week as concerns about a lingering issue again became too obvious to ignore.
The Bitcoin price fell about 9% in the five days following Feb. 29, when delayed bitcoin transactions revived fears that its network had reached capacity.
The exasperating thing is that last week's network hiccup didn't have to happen.
You won't believe why it did...
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
Those wondering why the Bitcoin price is falling now can blame investors in China.
After the People's Bank of China (PBOC) said it had launched an investigation into the major Chinese Bitcoin exchanges, the price of Bitcoin promptly plunged 18%.
The falling price of Bitcoin has put it back where it was in early December. But that doesn't mean Bitcoin is in a crisis.
Here's why the future of Bitcoin has never been brighter...
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
The last two years of Bitcoin price history have a story to tell.
You see, Bitcoin was the best-performing asset in the world in 2015 - and by a long shot. The price of Bitcoin rose 35%, easily beating the next best asset, real estate investment trusts (REITS), which rose just 2.8%.
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
With several expert Bitcoin price predictions for 2016 topping out at $3,500, the coming year will prove the worth of the digital currency once and for all.
It's quite a reversal from last year, when Bitcoin was sliding to below $200. These experts, mostly CEOs of Bitcoin companies, see the Bitcoin price rising from 300% to 800% from current levels of about $445.
Here's why these 2016 Bitcoin price predictions are so optimistic...
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
Over the past three months, the Bitcoin price chart doesn't look much like the charts for other investments, many of which - especially commodities - are way down.
Since Sept. 15, the Bitcoin price is up a stunning 93.5%, rising from $230 to about $445 today (Monday), according to the CoinDesk Bitcoin Price Index.
Here's why the price of Bitcoin has gone on such a tear...
By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke -
U.S. markets swayed this week from fresh data, Wall Street dealings, and life-changing global events...
It's the numbers that count in this crazy world. They can tell stories that words sometimes can't.
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
The latest wave of 2016 Bitcoin price predictions exhibit a renewed optimism about the digital currency's prospects.
These 2016 Bitcoin price predictions also reflect a fresh understanding in the disruptive power of Bitcoin's underlying technology, the blockchain.
For example, Wedbush Securities raised its 12-month price target 50%, from $400 to $600.
But what Wedbush saw for the price of Bitcoin 10 years down the road is the real eye-opener...
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
After taking most of 2015 off, Bitcoin price volatility has stormed back.
According to the CoinDesk Bitcoin Price Index, the last day of trading has seen a low of $355.81 and a high of $416.62 - a Bitcoin price level last seen nearly a year ago.
Just 45 minutes after hitting that high, the price of Bitcoin had fallen $39, a 9.38% drop.
Here's why the price of Bitcoin has suddenly taken flight...
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
After meandering for most of the year in the $200 to $300 range, the Bitcoin price hit a 2015 high of $333.75 today.
While the price of Bitcoin dropped back to about $321 later, that's still a 36% increase over the past month. The Bitcoin price hasn't touched these levels since last December.
Here's what's behind this Bitcoin price rally...