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Ether Price Outlook Gloomy After Again Falling Below $1K

Ether Price Outlook Gloomy After Again Falling Below $1K

The price of ether, ethereum’s native token, is likely to head south unless the bulls can quickly pull the price back over $1,160 levels, price chart analysis indicates. On Coinbase’s GDAX exchange, ether hit a one-week low of $905 at 11:50 UTC today. A sharp […]

Bear Grip Strengthens as Bitcoin Price Nears $10K

Bear Grip Strengthens as Bitcoin Price Nears $10K

Having closed below key long-term moving average yesterday, bitcoin (BTC) prices look set to explore sub-$10,000 levels. Prices on CoinDesk’s Bitcoin Price Index fell to a low of $10,050.79 yesterday and dipped below $10,000 soon before publishing. At press time, BTC had bounced back to […]

What a Facebook Blockchain Token Might Look Like

What a Facebook Blockchain Token Might Look Like

Michael J. Casey is chairman of CoinDesk’s advisory board and a senior advisor of blockchain research at MIT’s Digital Currency Initiative. Mark Zuckerberg, worth $71 billion at just 33, has done rather well by Facebook’s centrally managed system. Over the past decade and a half, […]

Bitcoin Defends $11,000 Mark and Eyes Move Higher

Bitcoin Defends $11,000 Mark and Eyes Move Higher

Bitcoin is stuck in a narrow range currently, but a breakout may lie ahead, the price charts indicate. Prices on CoinDesk’s Bitcoin Price Index (BPI) rallied to a high of $13,000 on Saturday, but the spike was short-lived as prices fell back to $11,096 at […]

Stuck at $12K: Bitcoin Price Needs Quick Progress to Avert Further Losses

Stuck at $12K: Bitcoin Price Needs Quick Progress to Avert Further Losses

Stuck in the doldrums today, bitcoin needs a quick break above $12,500 or the tide may turn in favor of the bears, the charts suggest. The “V” shaped recovery in bitcoin (BTC) from Wednesday’s low has stalled below the $12,000 mark in the last 12 […]

Bitcoin Is Back Above $11,500, But Bulls Not Out of the Woods Yet

Bitcoin Is Back Above $11,500, But Bulls Not Out of the Woods Yet

Despite a sharp price recovery to over $11,500 today, bitcoin’s bulls are not out of the woods yet, the price charts suggest. Coindesk’s Bitcoin Price Index (BPI) has climbed 25.9 percent from the eight-week low of $9,199.59 hit yesterday at 15:44 UTC. As of writing, […]

As Bitcoin’s Slide Continues, Prices Look Towards $8K

As Bitcoin’s Slide Continues, Prices Look Towards $8K

Bitcoin looks like it might soon test near-$8,000 levels, as December’s record-breaking rally continues to unravel. With major losses over the last few days seemingly brought about by negative regulatory news from China and South Korea, bitcoin (BTC) is trading at $10,280 levels at time […]

Tokens Will Bring Conflicts of Interest to Healthcare

Tokens Will Bring Conflicts of Interest to Healthcare

Roger Boodoo, MD, is a radiologist and clinical informatics fellow actively seeking opportunities where blockchain technology might be applied to challenges in healthcare. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. Let’s start with the problematic scenario. A medical researcher stands […]

Ripple Price Drops to 2.5-Week Low, Eyes Sideways Trading

Ripple Price Drops to 2.5-Week Low, Eyes Sideways Trading

Ripple’s XRP token fell to a 2.5-week low today, and is looking at a more or less sideways movement in the short-term, chart analysis suggests. The world’s third-largest cryptocurrency by market capitalization fell to the low of $1.23 at 09:54 UTC today before regaining a […]

Down 14 Percent: Bitcoin Charts Bearish Amid Asia Concerns

Down 14 Percent: Bitcoin Charts Bearish Amid Asia Concerns

Bitcoin is taking a hit today, touching 3.5 week lows at the time of writing. Data source OnChainFX indicates that bitcoin (BTC) has depreciated by 14 percent in the last 24 hours. At press time, prices were was at $11,966 levels, according to CoinDesk’s Bitcoin […]