Mike Novogratz — the CEO of cryptocurrency merchant bank Galaxy Digital — admits that the Crypto Winter will probably last longer than he had anticipated. However, the Goldman Sachs alum still believes that institutional investors will eventually enter…
Iran is creating a state-backed cryptocurrency. The options for the digital token are currently open. Reportedly, it’s initially only for crypto companies to do business with the Central Bank of Iran. Later, it will be used as a means to facilitate pay…
By CCN.com: Wall Street firm JP Morgan has predicted that HODLers should expect to experience more pain if the crypto winter persists. According to JPMorgan analysts, the price of bitcoin could fall to as low as $1,260, Reuters reports. The same analys…
By CCN.com: PayPal CEO Dan Schulman expressed skepticism about mass merchant adoption of bitcoin, noting that there are very few retailers that currently accept crypto. Schulman made the remarks Wednesday (Jan. 23) at the 2019 World Economic Forum in D…
Pantera Capital’s CIO Joey Krug has written an extensive thesis stating Bitcoin won’t succeed as money. He stated that cash and payments are not the primary areas where blockchain technology catalyzes a paradigm shift. While Bitcoin may bec…
The crypto market hasn’t fully recovered from the effects of 2018’s “crypto winter,” with the Bitcoin price dipping below the $3,500 mark on Sunday before making a minor recovery. However, Cameron and Tyler Winklevoss, co-founders of crypto…
The Federal Reserve Bank of St. Louis has released an article today about Bitcoin. In it, the bank notes that the price of Bitcoin has three potential futures: indefinite, infinite appreciation; zero; or somewhere in between. They believe it will be so…
Jeffrey Gundlach, the CEO of DoubleLine Capital who manages over US$200 billion in assets, has a tip for speculators – bitcoin price could rise to $5,000. According to CNBC, the Wall Street veteran who has earned the nickname “Bond King” for his expert…
Technical analysts believe the Bitcoin price is at a turning point. Using the GTI VERA Bands Indicator, a new Bloomberg article suggests that the flagship cryptocurrency could be “on the brink of a large move.” It could go either way, the indicator sug…
Bitcoin tanked in 2018, but the future of cryptocurrencies remains bright because you can’t stop progress. That’s the assessment of Travis Scher, a vice president at crypto investment firm Digital Currency Group. “2019 will be volatil…
Bitcoin and other top cryptocurrencies have just started recovering from their 16-month low. But a reputable member of the European Central Bank’s governing council believes that there is more room for collapse. Ardo Hansson, the governor of Bank…
Placeholder co-founder Chris Burniske says the mainstream has forgotten about bitcoin. However, that’s not something to be upset about — it’s a normal phase of crypto’s development into a market-ready technology. Bitcoin Once Ag…
Chinese analysts expect the current bitcoin bear market to continue in 2019, contradicting the bullish projections of crypto bulls like Mike Novogratz, who predicts that the bitcoin price will hit record highs this year. “In 2018, bitcoin became …
In an interview with the Nikkei Asian Review, Gateway Partners Chief Executive V. Shankar reiterated his longstanding negative stance on bitcoin. “We are for biscuits, not bitcoins,” he said. Gateway’s Shankar Still Bearish on Bitcoin…
The Dow Jones Industrial Average and other major stock market indices have posted steep declines during the second trading day of 2019, extending a downturn that saw them post their worst December returns since 2008. According to the top economist at C…
Analyst Mark Dow, the trader who closed his short position after bitcoin fell 80 percent last year, doubts whether Bitcoin will ever attain a broader adoption. Bitcoin-Short Trader Bearish on Future of Crypto Adoption Mark Dow, a former International M…
Bitcoin bull Mike Novogratz increased his stake in Galaxy Digital Holdings — the crypto merchant bank he founded — to 79.3%, after acquiring an additional 2.7% of its outstanding shares. Novogratz previously held a 76.6% ownership stake. The former hed…
Despite the price of bitcoin reaching a record high in 2017 and then taking a bearish turn as 2018 kicked in, bitcoin bulls were not deterred and continued making overoptimistic predictions throughout the year. Among the prominent bitcoin bulls, the co…
Years of over-engineering and ethical decay has made Bitcoin a garbage network, says a Fortune 500 software developer. Bryce Weiner, known for being part of controversial altcoin projects and their subsequent failures, took a potshot at the world’…
After ten years in existence, Bitcoin has officially made the radar of multi-millionaire motivational speaker Tony Robbins. “Team Tony,” presumably employees of Robbins, recently posted an article entitled “What You Need to Know About Bitcoin” on TonyR…