Bitcoin

Bitcoin

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Bitmain Confirms New Crypto Mining Facility in Texas

Bitcoin mining hardware giant Bitmain is officially setting up shop in Rockdale, Texas, and expects to launch mining operations early next year.

Mining

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Below $7K: Bitcoin Price Looks Indecisive After 19-Day Low

Bitcoin's price dropped to 19-day lows below $7,000 and created a doji candle on Sunday, signaling indecision in the marketplace.

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Why I Don't Expect New Bitcoin Highs in 2018

While bullish on bitcoin's long-term prospects, an economist and investor heeds caution for more short-term price optimism.

toy, ride, old, circular

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Bitcoin Eyes Short-Term Bear Market After Two-Week Lows

Bitcoin has retraced 40 percent of the rally from the June low of $5,755, signaling a short-term bullish-to-bearish trend change.

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UBS: Bitcoin Is Too 'Unstable and Limited' to Function as Money

UBS doesn't believe bitcoin constitutes money or a viable asset class yet, but it could in the future.

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Arizona Bitcoin Trader Gets Jail Sentence for Money Laundering

A former bitcoin trader from Arizona has been sentenced to 41 months in jail for laundering drugs money with crypto.

prison cell

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Bitcoin Bulls Defend $7,450 But Need Progress Soon

Bitcoin needs to capitalize on the defense of a key Fibonacci support of $7,450 to avoid further decline towards the $7,000 mark.

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Bitcoin's Price Snaps Longest Monthly Losing Streak Since 2016

Bitcoin's price rallied 21 percent over the course of July, snapping its first two-month losing streak since 2016.

pencil, snap

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Bitcoin's Price Eyes Consolidation After 11% Decline

Bitcoin's price could trade in a narrow range in the next 24 hours, courtesy of oversold conditions reported by short duration technical charts.

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Bitcoin Drifts Down as Price Breaks Below Key $7.8K Support

Bitcoin has broken the key support level at $7,800 as the bears take back full control of the market during an exhaustive sell-off.

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