Up until now one of Bitcoin’s biggest bulls, fund manager Mike Novogratz cautions that Bitcoin could drop as low as $8,000, delays crypto fund launch.
Hedge Fund Magnate Mike Novogratz Delays New Cryptocurrency Fund, Cautions on Bitcoin Why Are Bitcoin Futures Trading for Higher Prices than Bitcoin Itself? In an efficient market, prices in the futures and spot markets tend to converge. But Bitcoin futures are trading at higher than spot.
RBI Reiterates Warning Against Virtual Currencies for Third Time The Reserve Bank of India is determined to make sure Indians know about the riskiness of digital currency, meanwhile government can’t decide on regulations.
JP Morgan Strategist Says Regulated Futures Markets Give Bitcoin Legitimacy JP Morgan Chase strategist disagrees with CEO Jamie Dimon, says regulatory approval of CME’s Bitcoin futures market gives the currency legitimacy.
Goldman Sachs CEO Open to Considering Bitcoin Trading Once Currency Becomes Established Unlike many bankers, Goldman CEO maintains neutral view of Bitcoin, cites both benefits and risks.
Elon Musk: I Am Not Bitcoin Inventor Satoshi Nakamoto The debate on the identity of Satoshi Nakamoto promises to be a never-ending one, but Elon Musk says it isn’t him.
Individuals Flock to Bitcoin and Asian Demand Soars, Pushing Price to All Time High Bitcoin gaining traction in Asia, as Eastern exchanges help push the currency to a new all time high of $8725 on Saturday.
Leading Payments Services Company in India Starts Crypto Exchange The increasing popularity of Bitcoin and other cryptocurrencies in India has led to multiple exchanges operating in India. The latest exchange to be launched is Coinome, which is backed by BillDesk, one of India's leading payment services companies.
Billionaire Investor Believes Bitcoin Will Reach $10,000 by End of Year Billionaire Bitcoin investor Mike Novogratz believes the currency will hit $10,000 by year end.
According to BNP Paribas, Absence of Central Bank Will Limit Bitcoin's Future The latest hue and cry against Bitcoin stems from lack of a central bank to make loans in a hypothetical liquidity crunch.
Birdman Producer Plans MovieCoin ICOs have been executed for cryptocurrencies with diverse applications. The latest to join the ICO bandwagon is Christopher Woodrow, who has produced movies like the Oscar-winning Birdman and Hacksaw Ridge.
Developers Begin Turning to Hard Forks for Fundraising Rather Than ICOs Companies wanting to raise money may eschew ICOs, launch forks with premines instead.
Rapid Increase in Tether Supply Raises Concerns of Manipulation, Creative Accounting Tether supply increases rapidly in just two weeks, leading to concerns about validity of the token’s dollar peg.
American Investors Plan to “HODL” Bitcoin Until Price Hits $196,000 A new survey asks when Americans would sell all their Bitcoin holdings and other questions.
Indecisive Government Causes Bitcoin to Land in India's Supreme Court Indian government can’t figure out how to regulate Bitcoin, courts step in.
CME’s Bitcoin Futures Market Could Give Teeth to Bitcoin Bears The market is pretty excited about CME’s planned Bitcoin futures market. But remember, trading goes both ways.
Should Overstock Transform Itself Into Blockchain Company? Overstock’s stock surged even as the company announced Q3 losses due to excitement over its Blockchain investments.
Move Over Ethereum, Bitcoin Cash #2 For a long time, people debated whether Ethereum would one day overtake Bitcoin and become the largest cryptocurrency by market capitalization. The tables have turned on Ethereum today, with Bitcoin Cash overtaking Ethereum to become the #2 cryptocurrency.
No SegWit2x Makes Bitcoin Cash Shine Amidst Crypto Bloodbath Big blockers unite as Bitcoin Cash surges following SegWit2x cancellation.
Industry CEO Believes Bitcoin’s Anonymity Dooms It, Predicts Governments Will Ban Bitcoin’s latest naysayer has no criticism of the technology or monetary properties of the currency, but believes governments will ban it because of anonymity.
Goldman Sachs Predicts Bitcoin Price Consolidation Around $8,000 Before Continuing Up After soaring $2,000 in a week, investors are left wondering when price will pause to consolidate.
Investing Guru Warns Against Emotional Decisions While Trading Bitcoin Wall Street Journal columnist advises investors to keep their head when dealing with cryptocurrencies, be realistic with themselves.
Saudi Arabia Arrests Billionaire Prince - Could Uncertainty Boost Bitcoin? Political uncertainty in the Middle East has risen to an all-time high, with Saudi Arabia arresting the richest Arab in the world, Prince Alwaleed bin Talal.
New York Preschool Accepts Bitcoin, But Not Credit Cards Exclusive Manhattan preschools now accept Bitcoin for tuition payments, find it more convenient than credit cards.
Bitcoin Bulls Get More Bullish, Ronnie Moas Revises Bitcoin Price Prediction Bitcoin's stupendous rally in 2017 has clearly enthused the supporters of Bitcoin. Standpoint Research’s Ronnie Moas, who is one of the most bullish analysts on Bitcoin, has revised his prediction upwards.
Bitcoin Exchange Coinbase adds 100,000 users in 24 hrs, Shows Surging Interest in Crypto Coinbase, the world's largest Bitcoin exchange, has added 100k new users in the 24 hours past the announcement by CME that it plans to launch Bitcoin futures
Credit Suisse CEO Has No Appetite for Bitcoin, Cries “Bubble” The CEO of Credit Suisse, Tidjane Thiam, joins a long list of Bitcoin sceptics which includes JP Morgan CEO Jamie Dimon, UBS Chairman Axel Webber.
Cryptoshuffler Proves Bitcoin Owners Susceptible to Malware, Steals $150,000 Trojans and other sophisticated malware being targeted at digital currency owners; “Cryptoshuffler” has stolen $150,000 so far.
Adding “Blockchain” to Name Causes Soaring Valuation, Reminiscent of Dot-Com Bubble Blockchain hype resembling dot-com bubble, as companies with “Blockchain” in name see values soar.
Does Bitcoin Really Need Wall Street? Given the history of Wall Street's firms in pursuing higher profits, even if it means ignoring their fiduciary responsibilities, Bitcoin could be better off if Wall Street kept away.