Jesse Lund, IBM’s VP of Blockchain and Digital currencies is quite bullish about Bitcoin. So bullish that he actually has a $1 million price target for Bitcoin, which he believes is a very real possibility. Lund revealed this ambitious long-term…
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Elon Musk finds Bitcoin’s structure “quite Briliant” and believes paper money is going
Popular technology entrepreneur and CEO of Tesla, Elon Musk recently said that Bitcoin’s structure was quite brilliant and that digital currency is “a far better way to transfer value than pieces of paper.” Musk made these remarks while in an…
Only Criminals Will use Fiat Currencies in 5 Years, says Tim Draper
Tim draper, a known Bitcoin enthusiast recently expressed the opinion that only criminals will be using Fiat currency in 5 years’ time because crypto will have been widely adopted by then. Tim draper made these claims in an interview with…
Bitcoin Trading in Venezuela Peaks amid Economic and Presidential Crisis
News coming out of troubled Venezuela indicates that Bitcoin trading has reached an all-time high. This is on the backdrop of hyperinflation and an ongoing presidential conundrum that has plagued the country for a while. Bitcoin weekly trading volumes in…
Hamas Makes Plea for Bitcoin Donations inorder to Survive Economic Sanctions
Hamas, the Palestinian islamist group is begging for donations in Bitcoin inorder to survive the financial isolation and deprivation its suffering from due to the economic sanctions slapped on it by the US and Israel. A Hamas representative accused of…
Could Bitcoin go on a 2017-like Bull Run this year? One Analyst thinks so
The last 24 hours have seen the crypto market recover $4 billion worth of value as the price of Bitcoin rebounded above $3,700. Major Altcoins such as Tron and Ethereum have also recorded good gains on the day after rising…
Bitcoin (BTC) Ahead with Gains: Drops Back Again with Another Dip
Bitcoin, the first and the original cryptocurrency, has seen its lowest price in 2018 by declining to 4,446$ and at one point going even slightly below the initial price. The crypto was able to take a brief pause with the…
Is Proprietary trading taking over the crypto market? Exchanges Kraken, Binance and Gate.io on the spot
The cryptocurrency market has been barred with a lot of turbulences with emergence as well as existence of get rich quick—schemes not taking many by surprise. However, the crypto market has been put through a unique test currently with the…
Hedge Fund CEO Says Bitcoin Price Will Rise, But Gives Stark Warning
BITCOIN price has dropped over simultaneous unreliability issues over the future of cryptocurrency, even so, the price will rise again according to hedge fund manager Dan Morehead with a flinty warning. According to CEO of Pantera Capital, Dan Morehead, bitcoin…
Bitcoin Shows Sign of Life, Still Struggling to Break Out of Downward Channel – Technical Analysis
We are heading towards the final quarter of the year, and the cryptocurrency market is still on a tailspin. Last 2017, it was around this time that the cryptomarket boomed uncontrollably and Bitcoin eventually reached its all-time high. As of…