BitcoinAverage Blog

bitcoin price news and analysis

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Sometime in October 2013, as the Bitcoin price was headed for the highest point ever -$1147.25, three young men were busy putting the last touches to the newest Bitcoin startup. Their names are Tom Robinson, James Smith and Adam Joyce, and the company they were founding was Ellipt...

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This week the price of bitcoin traded within $400 and $420 range seen on the 4 hour chart above, moving sideways for most part of the week. Last week’s short run up from $382 to $420 was the first attempt at breaking $420 price ceiling. This resistance level was retested again this week but, fai...

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Imagine this….

You set up your laptop, smartphone, tablet or whatever else you have that connects to the internet, and you get paid in bitcoins every time the device automatically sends pings to webmasters to let them know how their websites are performing accessed from your area. And all that w...

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This week, the bitcoin price retraced back up above the $400 level, from its $382 low on March 5, 2016. This low was the result of a sharp sell off from $423, last week’s bearish price action. This week’s price action has been limited to a $10 trading range, with $420 as upper and $410 as lowe...

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Is the Block Size Hysteria Really a Market Manipulation by Big Buyers?

That is what Oleg Andreev, a blogger, a software designer and a bitcoin enthusiast, thinks, but more of that later.

In the late 19th century, one man in the US came to be known as ‘Skunk of Wall Street.' That was Jason "J...

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