Weekly News 29 / 2019 : Bitcoin Gains Over $600 in 30 Minutes

Tuesday started with a bang, as bitcoin bulls awoke from their slumber. The bitcoin prices surged above 7 000 dollars in less than 30 minutes. As of the time of writing, bitcoin is moving in ranges of about 7 400 dollars and the price is still seeing some growth. Experts and investors have been expecting this reversal for quite a some time, but it is still too early to say if it’s yet on firm enough grounds. Nonetheless the short-term

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The First Ever “Bad” Q2 for Bitcoin

The second quarter of 2018 is behind us, and it has been historical for Bitcoin, but perhaps not for the most positive of reasons. Q2 of 2018 was the first Q2 in the history of Bitcoin, when the price of bitcoin actually fell. Every single year before this one the price of bitcoin has risen tens of percents to even thousands of percents during the second quarter. At the time of writing, bitcoin is exchanging a little more than 6

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Weekly News 25 / 2018 : Bitcoin Price at the Lowest of the Year

In the end of June prices of bitcoin and other cryptocurrencies experienced a major fall, with bitcoin stumbling down to its lowest in 2018, exchanging for less than 6 000 dollars, falling as low as 5 938 dollars. Since then the market prices have seen slight recovery, with bitcoin exchanging for over 6 300 at the time of writing. As usually, the falling market price of bitcoin correlated with the bearish cryptomarkets in general. Most major cryptocurrencies felt losses. For

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Weekly News 24 / 2018 : Bitcoin Price Might Fall Even Lower

Bitcoin price has been quite low for few weeks. Nonetheless many see that we might have not seen the end of this fall yet, as bitcoin price has failed to gain traction and transaction volumes remain far lower than in the end of the previous year. If the price doesn’t soon recover to levels of over 7 000 dollars, it could signal even steeper drops in the future – which, of course, would give good opportunities for those who want

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Weekly News 23/2018: Bitcoin Cheapest In Months

Bitcoin’s price has been on a fall since last sunday, when the cryptocurrency lost about 10% of its value in little more than a day. As usually, bitcoin’s price loss reflected on other cryptocurrencies as well, and at the time of writing all major cryptocurrencies are experiencing significant losses of over 5%. At the time of writing bitcoin is exchanging for around 6 600 dollars. This is lowest bitcoin has been in over two months. Reasons for this drop are

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Weekly News 22 / 2018 : Last Month Was Slow for Bitcoin, But It’s Still Taking the World

Welcome to June; we here at Coinmotion hope that weather is friendly upon you wherever you are! For last month wasn’t that good for cryptocurrency markets in general. Bitcoin started May with a price of over 9 000 dollars, but since then the price has been steadily falling down to current levels of a bit over 7 400 dollars at the time of writing. The price has seen some fluctuations, but generally the month was quiet for cryptocurrencies. As usual,

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Weekly News 21 / 2018 : Bitcoin is Fast and Ecological Money

During the last 7 days, bitcoin price has been testing the lower resistance lines of its price, as bears have been largely in control of the markets. During the later part of last week bitcoin price fell from ranges of around 7 900 dollars to as low as below 7 500 dollars. Since then the price has been moving up and down, showing uncertainty on short-term future of markets. Even though markets are uncertain, the infrastructure of Bitcoin and cryptocurrencies

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News Week 20 / 2018 : Bitcoin’s Price Lowest in a Month

Bitcoin has failed to achieve a strong position in ranges above $8 500. Currently bitcoin’s price is swaying in ranges belove $8 000 dollars, exchanging for $7 630 at the time of writing. Thus the price is lowest in a month. Other cryptos don’t have any better times, with most of the major cryptocurrencies falling even more than bitcoin. Ethereum is exchanging a little more than $620 and litecoin’s price averages at $126. It doesn’t seem that any major news

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Weekly news 19 / 2018 : Coinmotion Has Litecoin and Big Players Want Crypto

The price of Bitcoin and other cryptocurrencies has been relatively static, failing to break through the 10 000 dollar barriers and making mostly sideways movement. It doesn’t seem that there’s an immediate movement to either direction, up or down. This kind of slowness and silence is understandable, as the markets were extremely overheated at the end of the last year, and it might take months for the normal pace to resume. Nonetheless this week is interesting, to say the least.

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Weekly News 18 / 2018 : Goldman Sachs News Give Hope of Bullish Movement

Last week we reported how financial institutions are more and more interested in cryptocurrency trading. Soon we heard that none other than Goldman Sachs, one of the biggest banks in Wall Street, is going to start trading its own Bitcoin futures because of the increasing demands of its clientele. The price of Bitcoin seems to have stabilized to a little bit over 9,000 dollars during the start of the week and it seems that the bottom has been reached. Of

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