Category: Bitcoin Price

Bitcoin Loan Platform BitLendingClub to Shut Down

Peer-to-peer bitcoin lending platform BitLendingClub has announced that it is shutting down next year. First detailed in an email to users and later a blog post on its website, BitLendingClub said that “regulatory pressure” in Bulgaria, where the site is based, had driven the site to close. While the platform’s operators weren’t clear on exactly when the …

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Bitcoin Price Technical Analysis for 11/22/2016 – Here Come the Buyers!

Bitcoin Price Technical Analysis  Bitcoin price halted its sharp drop yesterday, bouncing off the ascending channel support illustrated in the previous post. Buyers seem to be getting back in the game at that point, possibly yielding another climb back to the resistance at $780. Technical indicators are giving mixed signals for now so a breakdown …

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Bitcoin Price Technical Analysis for 10/24/2016 – Another Pullback Opportunity!

Bitcoin Price Key Highlights  Bitcoin price recently broke past an area of interest around $642 then rallied to the $675 area. From there, price retreated and is showing signs of a potential pullback to the broken resistance. Technical indicators are showing that the climb could resume at some point. Bitcoin price could make a correction …

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The Bitfinex Hack is Still Scaring Away Bitcoin Traders

Bitfinex’s hack continues to cast a shadow. While the price of bitcoin had a relatively quiet month in September (one characterized by low volatility and lackluster trading), the Bitfinex hack continued to serve as a drag on the world’s largest digital currency market. 广告 Arthur Hayes, CEO and co-founder of bitcoin trading platform BitMEX, noted that the sideways price movements …

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OKCoin to Blame for Bitcoin Price Retraction to $600?

Analysts and enthusiasts everywhere have enjoyed the large rise in the bitcoin price. After breaking $600, the price hovered in the $620 range for a while. Unfortunately, another drop has occurred, and bitcoin now finds itself stuck in the low $600s. Some believe OKCoin deserves the blame for this fall. However, despite the retraction, market patterns …

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