The Currency Analytics
By Dan Saada
Cryptocurrency, according to Apple, has a lot of potentials. And, it is very likely to become a part of our payments in the future.
Jennifer Bailey, vice president of Apple Pay, stated, “We’re watching cryptocurrency,” she further said, “We think it’s interesting.
It is good to see that the tech giant is approaching the cryptocurrency market with an open mind.
The price of the Bitcoin and cryptocurrencies are related to the public interest and the media outlook, and this might be changing in the future.
The price of the Bitcoin has been increasing by more than 200%, and the price recently plateaued near $10,000 after achieving $12,000.
To move the price of the Bitcoin, Google searches could probably be manipulated. There has been a massive increase in Google searches for Bitcoin this week.
Kryptografen's Bendik Norheim Schei stated, "It is reasonable to assume that someone is behind these radical changes.
Glen Goodman, recently stated, "Somebody's trying to game the trading algorithms."
Several programs are written to code algorithms to look into Google trends and to identify the correlation between the several keywords for "BTC" and as well for the price of the…
The Bitcoin price action has been working sideways and the growth stalled at the critical support level near $10,500.
"The bottom line is there is a whole generation of people who have faith in the internet; they have faith in these cryptocurrencies…the degree to which a cryptocurrency can…
There are still many investors who are sceptical about cryptocurrency; however, the trend is expected to change.