Bitcoin Price Premium Surpasses $1,000 in Argentina amid Currency Controls – CCN Markets

A bitcoin price premium has developed in Argentina as the government imposed currency controls in a bid to support the peso. | Source: Shutterstock Argentina’s decision to impose currency controls has had a bullish effect on bitcoin in the South American country. With demand rising for the cryptocurrency, a bitcoin price premium has subsequently developed. …

Mnuchin Warns Bitcoin Users of ‘Very, Very Strong’ Regulations

US Treasury Secretary Steven Mnuchin again turned his attention to bitcoin this week, warning that the Trump administration would pursue “very, very strong” enforcement of existing financial regulations to stop bad actors from using the cryptocurrency to bankroll criminal activities. Treasury secretary: crypto could become a financial system risk Mnuchin elaborated on the White House’s …

3 Reasons Why Bitcoin Price Could Nosedive Below $7,500 News

Bitcoin has suffered a significant setback after dropping in rates by approximately two thousand dollars in the last 48 hours. The bitcoin-to-dollar exchange rate on Wednesday established a fresh lower low of $9,071, down 3.8 percent from the market open. The move downhill erased almost a quarter of bitcoin’s value in the last seven days, …

Gold Beats Bitcoin as Fed Chair Powell Finalizes Dovish Pivot

Monetary policy may or may not have a direct impact on bitcoin, but the US Federal Reserve’s dovish pivot is helping gold regain a bit of shine from its digital counterpart. The precious metal popped to its weekly high today, extending gains from the previous session after Federal Reserve Chairman Jerome Powell appeared to set …

$1 Million Bitcoin Price ‘No Longer Off the Table’: Max Keiser

The Bitcoin price suffered a brutal pullback yesterday, but longtime crypto bull Max Keiser remains confident that the flagship cryptocurrency could still achieve a jaw-dropping $1 million target. Perhaps even in time to save the eccentric John McAfee from having to “eat [his] d**k” on national television. RT’s Resident Bitcoin Bull: $100,000 BTC Is ‘Within …

Bitcoin Price Breaks 2019 High as Investors Paint $15,000 FOMO Target

By CCN Markets: Since June 10, bitcoin has been on a strong upside movement supplemented with large volume across major crypto markets. The bitcoin price is up by more than $1,300 in the past week (source: coinmarketcap.com) On Friday, the bitcoin price hit $9,800 on leading exchanges in the likes of Coinbase, Binance, and Bitstamp, …

CCN is Shutting Down after Google’s June 2019 Core Update

Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight. Our traffic has experienced a massive impact by Google’s June 2019 Core Update. Image from Sistrix.com.   CCN’s visibility index on Sistrix.com shows how …

Bitcoin Price Plunges 14% in Violent Spiral to $7,700 — Here’s Why

By CCN: In the past several hours, the bitcoin price has dropped from around $8,500 to $7,732, by nearly 14% against the U.S. dollar. The bitcoin price has dropped by nearly 14 percent in the past 24 hours against the U.S. dollar (source: coinmarketcap.com) A pullback for bitcoin was generally anticipated by technical analysts following …

Bitcoin Price Briefly Hits $9,000 Before ‘Fakeout’ Dump to $8,000 in Minutes

By CCN: On May 31, the bitcoin price briefly hit $9,000, achieving a new 2019 high in a powerful recovery from around $8,500. Within minutes, the bitcoin price crashed from $9,000 to $8,200, falling as low as $8,000 on Bitstamp. The bitcoin price briefly dropped to $8,000 on Bitstamp, a strictly regulated European exchange (source: …