Bitcoin

Top Analysts Target Move to $5,000 as Bitcoin Remains Beneath Critical Level

Following Bitcoin’s recent rejection at $ 7,300, the benchmark cryptocurrency has once again established another bout of sideways trading within the upper-$ 6,000 region, with bulls and bears reaching an impasse as its near-term trend grows increasingly unclear. Analysts are now noting, however, that from a macro perspective Bitcoin remains firmly bearish as long as […]

Bitcoin

House Democrats Propose ‘Digital Dollar’ in Move Big For Bitcoin: Here’s Why

11 years after Satoshi Nakamoto launched Bitcoin, some facets of the U.S. government have finally indicated that they are seriously considering the creation of a digital dollar, a move that many say could validate cryptocurrencies, especially BTC. Digital Dollar? According to a Bloomberg Law report released Monday, Democrats in the House of Representatives are seriously […]