$10,500 Holds Strong Despite Low Volume –

Over the last 3 to 4 Days Bitcoin has been trading between $10,400 and $11,000 after the recent breakout of the descending channel on the 18th of July, as shown in my previous analysis. Traders are anxiously awaiting a decision…

Bitcoin Is ‘Virtual Property’ Says Second China Court

China has officially recognized Bitcoin as a valid phenomenon for a second time after a court determined it is “virtual property.” Bitcoin Is ‘Valuable, Scarce And Disposable’ As reported by Caijing quoting the China Securities Journal, a national newsletter published…

Bitcoin Price Surges by 9 Percent in Minutes. What Triggered the Move?

On June 18, within minutes, the bitcoin price climbed from $9,300 to over $10,500 across major crypto exchanges, triggering the entire market to recover swiftly. The bitcoin price jumps by more than $1,000 within minutes in an abrupt rebound. |…

Shark Tank Celebrity Claims Facebook’s Libra Will Pummel Bitcoin to ‘Zero’

Investor and Shark Tank shark Kevin ‘Mr. Wonderful’ O’Leary has dismissed concerns raised against Facebook’s cryptocurrency Libra. Speaking on CNBC, the avowed Bitcoin skeptic stated that Libra has the capacity to become accepted and consequently useful with effective regulation. Stemming…

Wall Street Screams ‘Buy the Dip’ Ahead of Netflix Earnings

The earnings parade has begun, and so far the stock market is showing just a few jitters. All eyes are on the FANG stocks, including content streaming behemoth Netflix, which will be reporting second-quarter earnings later today. The stock has…

GameStop’s Desperate Pivot Is the Last Gasp of a Dying Brand

GameStop has joined forces with global innovation design firm R/GA to outline a new strategy to save the waning business. The initiative comes at a time when the video game retailer is enduring a record-breaking slump in sales and reeks…

Bitcoin Price Slump Flashes ‘Buy’ Signal in Sub-$10,000 Crash

Bitcoin price continued its plunge below $10,000 on Wednesday, touching $9,274 on Coinbase. The fall marks a 32 percent pullback from the year’s high. For many analysts, the move below $10k is a bearish sign with further drops on the…