Tag Archives: cryptocurrency

$50 Billion Asset Manager Makes ‘The Investment Case for Bitcoin’

$50 Billion Asset Manager Makes ‘The Investment Case for Bitcoin’

The future is looking bright for Bitcoin, according to ETF and mutual fund manager VanEck. The firm many believe in the best position to first launch a BTC exchange-traded fund explains its positive outlook for the leading cryptocurrency in a new report. The asset management firm defines Bitcoin as having monetary value, rather than intrinsic value. [VanEck] […]

VanEck: Bitcoin Price Historically Increased Following Halving

VanEck: Bitcoin Price Historically Increased Following Halving

May’s halving will reduce the amount of Bitcoin rewarded to miners, and in turn, increase the coin’s scarcity. Considering this scarcity – think supply and demand – as well as historical data of the previous two halvings, Bitcoin’s price may see a remarkable bump in the months following the event. Halving Historically Leads to Massive Gains The […]

How Coronavirus Outbreak in China Could Weigh on Crypto Prices

How Coronavirus Outbreak in China Could Weigh on Crypto Prices

Jason Wu had to cancel a dozen meetings with his crypto clients in China after the coronavirus epidemic broke out this month. “We planned a 10-city tour to talk with potential clients in China,” Wu, the CEO and founder of non-custodial crypto lender DeFiner, said. “Nobody wants to attend any crypto-related conferences or any meetings […]

Meet the Crypto Angel Investor Running for Congress in Nevada

Meet the Crypto Angel Investor Running for Congress in Nevada

“I would love to sit down with President Trump and have a discussion around bitcoin and cryptocurrency,” Lisa Song Sutton, an entrepreneur and bitcoin ATM investor in Las Vegas, told CoinDesk. Sutton might have a better shot than most at having such a conversation. She’s running for Congress in the Fourth Congressional District of Nevada, […]

Thomas Lee Predicts Gains of Over 100% for Bitcoin in 2020

Thomas Lee Predicts Gains of Over 100% for Bitcoin in 2020

There’s an ongoing debate in the crypto community regarding the May 2020 bitcoin halving. Many are claiming that the bullish catalyst is already priced in. In other words, market participants who are expecting a sharp rise in bitcoin’s value once the halving occurs would be disappointed. However, some heavy hitters believe that the halving is far […]

Bitcoin Eyes Price Breakout Amid US-Iran Tensions

Bitcoin Eyes Price Breakout Amid US-Iran Tensions

Bitcoin is drawing bids amid heightened geopolitical uncertainty and could soon rise above key resistance at $7,580, confirming a short-term bullish breakout. The top cryptocurrency is currently trading at $7,530, representing a 1 percent gain on a 24-hour basis, according to CoinDesk’s Bitcoin Price Index. Prices are now up nearly 10 percent from lows near $6,850 […]

YouTube Calls Crypto Purge a Mistake But Many Videos Still Missing

YouTube Calls Crypto Purge a Mistake But Many Videos Still Missing

Responding to allegations that it had intentionally deleted content from cryptocurrency education channels ChrisDunnTV, Crypto Tips, BTC Sessions and others in what apparently amounted to hundreds of missing videos, the spokesperson said that YouTube made “the wrong call.” “With the massive volume of videos on our site, sometimes we make the wrong call. When it’s […]

WisdomTree launches its first bitcoin exchange-traded product

WisdomTree launches its first bitcoin exchange-traded product

LONDON (Reuters) – U.S. asset manager WisdomTree launched on Tuesday its first investment product that tracks bitcoin, a rare example of a mainstream money manager offering exposure to the volatile world of digital currencies. WisdomTree, which specializes in exchange-traded funds, said in a statement the bitcoin exchange product (ETP) will offer large investors exposure to […]