Cryptocurrency News

Mark Mobius Supports Bitcoin (BTC) After Previously Calling Cryptocurrency A “Fraud”

One of the most recognizable figures in investing has had a change of heart in his opinion towards Bitcoin and cryptocurrency. Mark Mobius, cofounder of Mobius Capital Partners, recently spoke in a Bloomberg podcast where he claimed that Bitcoin will be “alive and well” into the future. Despite his current positive attitude towards Bitcoin, Mobius Read more…

Cryptocurrency News Market Ripple

Ripple is Monstrously Expensive after Explosive 2-Day 31% XRP Rally

CCN: World’s third largest cryptocurrency Ripple (XRP) has appreciated up to 31-percent against the US dollar in just two days. The XRP-to-dollar exchange rate Tuesday established an intraday high towards $0.405, up 25.05-percent since the market open on Luxembourg-based Bitstamp exchange. The pair dropped as much as 5.05-percent ahead of the European session to neutralize Read more…

Bitcoin Cryptocurrency News

These Factors Are Pushing Bitcoin Price Above $6000

Bitcoin price reached a high of $5930 May 7 as renewed momentum fuelled a market surge towards the significant $6000 barrier. Bitcoin Price Highest Since November 2018 Data from traditionally more conservative price tracker Bitstamp showed BTC/USD trading just under $5900 at press time. The pair reached its highest value since November 2018 earlier on Read more…

Cryptocurrency News Guide ICO Market

What is an STO (Security Token Offering) & 10 Reasons Why It Will Have a Massive Impact

What is the difference between an ICO and an STO? Image from Shutterstock. (credit to this excellent article from CCN explaining STO) While the SEC at times has been opaque about how it intends to treat ICOs, assets that do fall under its purview are governed by clear and defined regulations. Tokens that the SEC Read more…

Cryptocurrency News

Blockchain Research Institute Chairman Says Chinese Renminbi Will Become Crypto in 20 Years

China has been notoriously harsh on the development of cryptocurrency, imposing a ban on investing and trading into digital assets, including Bitcoin. However, the executive chairman for the Blockchain Research Institute believes that in 20 years, Chinese national fait currency will be replaced by a cryptocurrency version. Donald Tapscott, speaking in an interview with Bloomberg Read more…

Bitcoin Crypto Analysis Cryptocurrency News

Bitcoin (BTC) To $50,000 – Hayes, Bernstein And Tampax Validation

Arthur Hayes says bitcoin will go to $50,000. That’s actually a fairly conservative target, as Hayes himself suggests, if he takes to the logical conclusion the arguments he employs to justify his bullish pronouncement. At the root of BitMEX chief executive Hayes’s thinking is a much-noted investment super theme, found to be in use by Read more…