Saturday, May 4, 2019

News Bitcoin Latest News May 4, 2019


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Latest News Bitcoin

Bitcoin has been creating buzz and continually creating News. Hence, the Cryptocurrency traders and investors are keeping a close eye on the new developments. It's a bull market and surge in the price is unbelievable. Moreover, John McAfee has ignited a great debate. He has twitted that Bitcoin will cross $ I Million just in two years.

So, what is the news, the latest news on Bitcoin, the cryptocurrency? We are posting the latest news about Bitcoin here like many other topics. Please follow the links after a Read Detailed News tag to know more about the topic.

Over several hours on May 3, the price of bitcoin spiked from around $5,300 to over $5,700 in major markets, allowing the crypto market to gain more than $7 billion in a single day.

Major crypto assets such as ether (ETH), litecoin (LTC), bitcoin cash (BCH) and EOS recorded gains in the range of 4% to 8% against the United States dollar, fueling the momentum of the crypto market. Read Detailed News
Bitcoin Surges Past $5,700 in Hours: Experts Explain Factors of Overnight Rally

The crypto market, and more specifically Bitcoin, is at an important inflection point in its existence. Having become a household nearly overnight thanks to the late-2017 media blitz that fueled the cryptocurrency’s meteoric ascent to its all-time high price of $20,000, and the resulting bubble pop that led to the longest bear market on record, Bitcoin needs to once again prove itself in the eyes of investors that its here to stay.

As Bitcoin nears closer to the powerful support turned resistance at $6,000, a clean break of the former springboard and close above the resistance could show investors and traders that it’s off to the races for a new bull market. Two separate charts from other financial markets appear to look eerily similar to the path Bitcoin took throughout the bear market until this important turning point and could hint at what might happen next in Bitcoin price charts. Read Detailed News 
Two Shockingly Similar Price Charts From Other Markets Hint At What’s Next for Bitcoin

John McAfee responds to Friday’s U.Today article, claiming that there is no way Bitcoin can be worth less than $1 mln by the end of 2021.

On Friday, U.Today wrote about several crypto analysts’ tweets. These people expect the Bitcoin price to reach $330,000 by the end of 2021. However, the running for the US president’s chair John McAfee thinks otherwise, still claiming that in two years Bitcoin would be worth at least $1 mln. He posted his response to the article on Twitter. Read Detailed News
John McAfee: $400,000?? Bitcoin Price Must Hit $1 Mln In Two Years!



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eCommerce and Mobile Application development 
Jaipur Rajasthan, India
E-mail: info@vardhamaninfotech.com 

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