Bitcoin Cryptocurrency News

Circle CEO: In 3 Years Bitcoin [BTC] is “Certainly Going to be Worth a Great Deal More Than It Is Today”

Despite the sharp drop in the price of Bitcoin (BTC) and the rest of cryptocurrencies, there are still good reasons to be long on Bitcoin. That’s what Jeremy Allaire, CEO of Circle said in an interview for CNBC’s Squawk Box. For Mr. Allaire, the fact that there is a growing number of users is a Read more…

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Bitcoin Price Now Hinges On 50-Month Moving Average

BTC traders were concentrating on one metric in particular this week as Bitcoin price slowly slides towards $3000. Bitcoin’s ‘All Over’ Scenario The largest cryptocurrency had recovered from fifteen-month lows over the weekend around $3130 to trade around $3200 at press time December 17. In the short term, however, the situation could deteriorate exponentially, veteran Read more…

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Top Cryptos See Mixed Gains & Losses, Bitcoin Fights to Stay Over $3,200

Saturday, Dec. 15: the top 20 cryptocurrencies report a mix of moderate gains and losses, with Bitcoin (BTC) briefly dipping under $3,200 before climbing back above the price mark by press time. Market visualization from Coin360 Bitcoin started the day around $3,228, but after a mid-day high of $3,275, it fell back to the current Read more…

Bitcoin Cryptocurrency News

Cambridge University Study: Speculation of the Death of Bitcoin ‘Greatly Exaggerated’

Following news that verified crypto-user numbers doubled in the first three-quarters of 2018, the study by Cambridge University also concluded that the death of Bitcoin amid an 85% drop in price has been ‘greatly exaggerated’ by the media.  Cambridge University: Bitcoin Mining Diversifying Aside from the influx of new users, the report titled 2nd Global Cryptoasset Benchmarking Study reveals several Read more…

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Legendary Investor: Bitcoin (BTC) Could Bottom At $3,000, Altcoins To Crash

“I’m Believe In The Bitcoin Narrative” Peter Brandt, a legend in the commodity investment realm, recently sat down with CoinTelegraph to discuss his opinions on the current bear market. Although Brandt has traded traditional markets for decades, nearing five at this point, he lauded Bitcoin (BTC). [embedded content] Discussing the bearish market conditions, Brandt first Read more…

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President Trump Appoints Bitcoin Proponent as White House Chief of Staff

President Donald J. Trump has announced that he will be naming Mick Mulvaney as the new acting White House Chief of Staff. Mulvaney is a well-known Bitcoin proponent and has previously expressed his support of blockchain technology.  Mulvaney: New Acting Chief of Staff Mick Mulvaney, who’s currently the director of the US Office of Management Read more…

Bitcoin Cryptocurrency News Market

Bloomberg Editor Critical Of Bitcoin (BTC) — Wants Blockchain, Not Crypto

Bloomberg Former Editor-In-Chief Bashes Bitcoin (BTC) Amid 2018’s tumult and market downturn, Matt Winkler, the former editor-in-chief at Bloomberg News, recently cut out some time to speak with the outlet’s Emily Chang to discuss cryptocurrencies and Bitcoin (BTC). How Bitcoin investors lied to themselves to justify prices https://t.co/5fnMJd5rxZ pic.twitter.com/olDVUgjUSf — Bloomberg TV (@BloombergTV) December 14, Read more…

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Peter McCormack Tells How He Turned $32K Into $1.2M and ‘Back to Pretty Much Zero’

In an informative, entertaining, comical, and bitterly poignant tweet yesterday, What Bitcoin Did podcast host Peter McCormack explains how he amassed–and lost–his crypto fortune over the last two years. From $32K to Millionaire and Back He starts the Twitter post saying: So here is a thread on how I turned $32,000 into $1.2m and back to Read more…

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To The Moon! Bitcoin Space Travel Gets Closer As Virgin Galactic Takes Flight

Billionaire Richard Branson appeared to cry tears of joy when his ‘Bitcoin-friendly’ Virgin Galactic reached the edge of space for the first time December 13. World Sees First Commercial Space Flight Branson, who revealed himself as a Bitcoin believer and investor in 2013, watched as SpaceShipTwo, the latest vehicle from the Virgin Galactic and The Read more…