Tag Archives: CNBC

Crypto Market Sees A Drop On Google Crypto Ad Ban FUD, Despite Adoption News

Crypto Market Sees A Drop On Google Crypto Ad Ban FUD, Despite Adoption News

The crypto markets have taken a hit today, March 15, with Bitcoin (BTC) dropping below $8,000 and Ethereum (ETH) below $600. The slump can most likely be attributed to Google’s update of its Financial Service policy that means a ban of all crypto-related advertisements starting in June 2018. As the crypto ad ban won’t go into effect for another four months, CNBC anchor […]

As Bitcoin Goes Over $10,000, Analyst Makes Big Predictions For 2018

As Bitcoin Goes Over $10,000, Analyst Makes Big Predictions For 2018

Unrepentant cryptocurrency bull Tom Lee predicts Bitcoin will reach $25,000 in 2018 and $125,000 by 2022. Aggressive Predictions For Bitcoin’s Future Tom Lee was the first major Wall Street analyst to cover Bitcoin and has remained bullish about the cryptocurrency market since. In his latest report, Fundstrat Global advisor’s head of research called for some high numbers in […]

Crypto Experts Predict 2018 Bull Run: Bitcoin To $50k, Overall Market Cap To $1 Trln

Crypto Experts Predict 2018 Bull Run: Bitcoin To $50k, Overall Market Cap To $1 Trln

Following a volatile few days in the crypto markets this week, with Bitcoin (BTC) dipping below $7000for the first time since November, several crypto experts have predicted an overall bull run. Experts told CNBC today, Feb. 7, that the total market cap of all cryptocurrencies could reach $1 trillion and that BTC itself could hit $50,000 by the end of […]

Traditional Markets Nosedive, Following Bitcoin’s Own Slump Below $7k

Traditional Markets Nosedive, Following Bitcoin’s Own Slump Below $7k

The Dow Jones Industrial Average dropped more than 1,100 points Monday, Feb. 5 to its lowest point since 2011, while Bitcoin (BTC) also dipped below $7000 for the first time since November. The market dive took place around 2:40 pm EST, with reported trading volume at almost double the 30-day average, according to Bloomberg. While CNBC reported that no “particular piece of news” […]

Former FDIC Chair Says ‘We Don’t Ban Assets,’ Bitcoin Just Needs To Be Regulated

Former FDIC Chair Says ‘We Don’t Ban Assets,’ Bitcoin Just Needs To Be Regulated

Sheila Bair, former US Federal Deposit Insurance Corporation (FDIC) chair, told CNBC’s “Fast Money” on Friday, Jan. 19 that there is no precedent to ban Bitcoin (BTC) as an asset, but there is a need for additional regulation of digital currencies. Bair had previously written a December 2017 op-ed on Yahoo along the same theme of more regulation without any bans against BTC. […]

Bitcoin Price Back Above $17k to Set New All-Time High

Bitcoin Price Back Above $17k to Set New All-Time High

The price of bitcoin has pushed back above $17,000, hitting a new all-time high on CoinDesk’s Bitcoin Price Index (BPI). As of press time, the BPI had climbed as high as $17,382.64, beating the $17,364.56 reported previously on Dec. 7. As previously reported, that day saw significant price divergencesamong exchanges, leading to spreads in excess of $1,000 […]