Cryptos a “Solution in Search of a Problem,” Says Billionaire Investor Ken Griffin
With hedge fund billionaires on all sides chipping on the state of cryptocurrency markets, one such investor has been keen to place himself firmly in the sceptical camp. Ken Griffin, founder and CEO of Citadel Investment Group, today made it perfectly clear that he was not an admirer of the booming cryptocurrency industry. Talking at the Delivering […]
Billionaire Investor Marc Lasry: Bitcoin Can Soon Hit $40,000 as Trading Becomes Easier
Avenue Capital Group co-founder Marc Lasry has said that Bitcoin’s (BTC) price is going to hit $40,000 n bullish comments to CNBC on July 18. Speaking in an interview for the network’s Squawk Box segment, Lasry, whose debt management firm controls around $9.6 billion of assets, saw increasing ease of crypto trading as a major motivator for Bitcoin […]
Bitcoin Price Watch: BTC/USD Poised for More Gains
Key Points Bitcoin price surged and broke the $6,800 and $7,200 resistance levels against the US Dollar. There is a short-term ascending channel forming with support at $7,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The BTC/USD pair is currently consolidating gains near $7,500 and it is poised to extend […]
Everyone is talking about today’s WYCKOFF buy signal!!!
Fast Forward to 4:48 to see Tom Lee talking about Wyckoff!!
IBM Is Helping Launch a Price-Stable Crypto With FDIC-Insured Funds
The latest attempt to create a cryptocurrency pegged to the U.S. dollar, or “stablecoin,” combines 21st-century technology with an invention from the Great Depression. Announced Tuesday, a startup called Stronghold is launching USD Anchor, which will run on the rails of the Stellar blockchain and use its consensus mechanism to verify transactions. The token will be backed […]
Bitcoin & Cryptocurrency Market Attracting Institutional Investors, Reveals Coinbase VP
Interest for Bitcoin and other cryptocurrencies is increasing among the institutional investors. Coinbase VP and GM, Adam White revealed this fact and shared that Coinbase is also working on driving institutional investor interest it by focusing on transparency, compliance, and regulatory clarity. Coinbase VP assures institutional investors’ interest in Bitcoin and other coins are rising […]
Bitcoin Above $7,000 as Positive Momentum Continues Following Yesterday’s Market Upswing
July 17: Crypto markets are largely continuing to build on a major upswing that kicked off yesterday, July 16, according to Coin360 data, with virtually all of the top ten coins by market cap in the green. Market visualization from Coin360 Ongoing positive momentum now looks set to reverse the major valuation losses incurred last week, which could now prove to have […]
New Mining Pool Vows to Enhance Profitability While Reducing Power Consumption
A startup blockchain company, with a team featuring former executives from Samsung Electronics, have unveiled plans to invigorate the way cryptocurrency mining is performed – creating an infrastructure designed to enhance profit and help blockchain technology become more prolific in everyday life. 12SHIPS says it wants to tackle some of the issues that miners currently […]
Bitcoin Price Watch: BTC/USD’s Trend Overwhelmingly Bullish
Key Points Bitcoin price surged higher and broke a crucial resistance near $6,380 against the US Dollar. There is a new key bullish trend line forming with support at $6,480 on the hourly chart of the BTC/USD pair (data feed from Kraken). The BTC/USD pair is currently correcting lower, but it is likely to find […]
BITCOIN MINING SOFTWARE: BFGMINER AMONG THE BEST
Bitcoin mining is a lucrative, yet difficult venture that has become exceedingly popular with the emergence of various cryptocurrencies. Although Bitcoin is the largest and most valuable digital asset that can be mined, other cryptocurrencies require it as well such as Litecoin. Unfortunately, while the general protocol of Bitcoin states that anyone is free to mine the cryptocurrency, […]