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Bitcoin Cryptocurrency News

Prominent Investment Strategist Gives 3 Reasons to Buy Bitcoin

Despite Bitcoin’s strong bounce from the March lows of $3,700, some remain decisively bearish on the leading cryptocurrency. Take Peter Schiff, for instance. The prominent gold bull and cryptocurrency skeptic recently wrote that he thinks the asset will soon break below $9,000, arguing that Bitcoin remains in the midst of a brutal bear market. “Gold Read more…

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Bitcoin Cryptocurrency News

3 Fundamental Reasons Why Bitcoin Is Bullish After Drop Under $9k

On Saturday, Bitcoin decisively dipped under $9,000, reaching lows not seen in over a week. It was a move that liquidated dozens of millions of dollars worth of longs, shaking bulls from their expectations of upside. Yet many analysts remain fundamentally optimistic, citing a number of trends indicating that Bitcoin still has a bullish undertone. Read more…

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Bitcoin Cryptocurrency News

Bitcoin entrepreneur breaks down reasons why everyone should buy BTC

Despite Bitcoin slowly becoming a bonafide asset class with increased mainstream media mentions, billionaire investors throwing their weight behind it, and Fortune 500 companies investing in crypto, many people are still hesitant to get involved. Attempting to lower the barriers to entry, a top commentator and entrepreneur in the Bitcoin space, Brandon Quittem, recently broke Read more…

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Bitcoin Cryptocurrency News

Grayscale Says Investors Buy Bitcoin as an Inflation Hedge Amid Massive Money Printing

Grayscale Investments asserted that amid the current economic uncertainty prompted by the latest governments’ actions to print lots of money, institutional investors turn to Bitcoin and other cryptocurrencies looking for a potential hedge against inflation. BTC And Crypto To Serve As Hedge One of the world’s leading digital asset management companies recently posted on Twitter Read more…

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Bitcoin Cryptocurrency News

Bitcoin Could be a ‘Spaceship’ for Many Americans: Binance US CEO

Using Nasdaq as her platform Binance.US founder and CEO Catherine Coley, commented on the state of Bitcoin and cryptocurrency adoption in the US.  Misunderstanding Gap Fueled by Media Coley points out that the United States had typically been viewed as a world leader in innovation and entrepreneurship. However, it is greatly lagging behind when it Read more…

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Bitcoin Gains Since 2010: Ever Wonder How Rich You’d Be By Now?

Flash crashes aside, bitcoin is still up an impressive 34% YTD. Of course, that’s nothing when comparing it to BTC’s all-time ROI. If you’d bought one bitcoin in March 2010 when its pricing history began you’d have made gains of a staggering 320,000,000% today. Of course, there are very few people who had even heard Read more…

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Bitcoin Cryptocurrency News

BTC HODL Target Found? Almost 50% Say They Will Sell If Bitcoin Price Reaches $100,000

An interesting poll on Twitter revealed that if Bitcoin’s price reached $100,000, most people would prefer to sell either all or some of their holdings for fiat. A comparison with another poll, however, shows an exciting consistency with what Bitcoin holders supposedly intend to do. Majority Will Sell If Bitcoin Price Reaches $100,000 One of Read more…

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Bitcoin Cryptocurrency News Ethereum

Why 2020 Will Bring Record Highs For Cryptocurrencies

This year will be one to forget for the majority of cryptocurrencies which are ending it lower than they began. 2020 could be fundamentally different though and here’s why. A Brighter Future For Cryptocurrencies Total crypto market capitalization is currently 50% higher than it was this time last year, however that is largely bitcoin’s doing. Read more…

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Bitcoin Cryptocurrency News

Why Fund Managers Will Buy Bitcoin at $1 Trillion

Large funds are constrained by rules about profitability and portfolio balancing – hence they may be forced to shed assets like bitcoin that have the potential to return magnanimous gains. Diversification and Profitability Constraints Make Fund Managers Sell So far, stock selection rules and the fact that fund managers need to show profitability in their Read more…