Day: May 22, 2018

Bitcoin Price Watch | BTC/USD Slips Below $8,500

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On Tuesday morning, Bitcoin price slipped below $8,500 once again after the cryptocurrency managed a slight comeback over the weekend. Its trading volume was not sufficient to maintain the latest bull run. BTC/USD Back Down To $8,200. The sell-off Subsides. As of 12:30 PM EST, Bitcoin price is sitting at around $8,200. However, BTC/USD is currently on another upward trend that is testing a major resistance level at $8,250. A break above that could send Bitcoin price further toward the $8,300 mark it was trading at earlier today. The major…

Crypto Investment Manager Touts 3 Catalysts for Bitcoin Cash Bull Run

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Cryptocurrency portfolio manager Brian Kelly has been touting Bitcoin Cash for weeks, and now he’s doubling down on his bullish call. Bitcoin Cash outperformed other leading digital currencies, the latter of which have taken it on the chin in recent weeks. The Bitcoin Cash price advanced 6% over the last month compared to declines of 5%, 9% and 11% for bitcoin, Litecoin and Ripple, respectively. Kelly on CNBC made the case for Bitcoin Cash. Kelly, the founder of investment firm BKCM, believes that Bitcoin Cash has more room to run, and…