Tag Archives: Bitcoin

Bitcoin Enjoying Greens for 5 Days in a Row, BTC Dominance Rises 13% from all-time Lowest

Bitcoin Enjoying Greens for 5 Days in a Row, BTC Dominance Rises 13% from all-time Lowest

Bitcoin price is maintaining the greens for 5 days in a row and managing to trade above $7,400 level. In the meantime, the majority of the crypto market is experiencing substantial losses. However, the continuous upward momentum has Bitcoin Dominance rising to 45.1 percent level, registering the increase of 13 percent from its all-time lowest […]

BitMEX CEO Gives His Thoughts on the Short Squeeze Theory for Bitcoin (BTC) Price Surge

BitMEX CEO Gives His Thoughts on the Short Squeeze Theory for Bitcoin (BTC) Price Surge

On Thursday (19 July 2018), Arthur Hayes, the co-founder and CEO of BitMEX, one of the largest crypto exchanges (by trading volume), in an interview with CNBC’s “Fast Money”, gave his thoughts on the “short squeeze” theory for Bitcoin’s huge price surge two days earlier. The host, Melissa Lee, started by asking Hayes if he had any evidence to support the theory that […]

Crypto King Silbert: Bitcoin at Bottom, Only Upwards From Here

Crypto King Silbert: Bitcoin at Bottom, Only Upwards From Here

CNBC’s seemingly non-stop coverage of the crypto market has continued, with so-called Crypto King Barry Silbert appearing on ‘Fast Money’ on Wednesday afternoon. Barry Silbert Gives Multiple Reasons To Why Bitcoin Has Hit A Bottom On Wednesday, Barry Silbert, an early Bitcoin investor and founder of many crypto-related firms, recently took to CNBC’s ‘Fast Money’ segment to […]

Billionaire Investor Marc Lasry: Bitcoin Can Soon Hit $40,000 as Trading Becomes Easier

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 & Cryptocurrency Market Attracting Institutional Investors, Reveals Coinbase VP

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

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

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 […]

FN: BlackRock Eyes Bitcoin Futures, Market Reacts to Increased Institutional Interest

FN: BlackRock Eyes Bitcoin Futures, Market Reacts to Increased Institutional Interest

The world’s largest exchange-traded fund (ETF) provider BlackRock announced the formation of a working group to assess potential involvement in Bitcoin (BTC), Financial News (FN) reportstoday, July 16. The move furthers a U-turn on BlackRock’s previously critical stance towards cryptocurrency.  Following in the footsteps of fellow giant Goldman Sachs, the cross-industry working group convened by BlackRock will among other things focus […]