Bitcoin proponents have reacted angrily to what they warn is a fresh attempt to make US Congress ban public cryptocurrencies. Murray: US Should Treat Miners Like Banks As financial news outlet Business Telegraph reported, on September 3, an expert witness went before lawmakers to argue miners on blockchains such as Bitcoin’s should face full banking-style...Read More
Whilst we have seen a mini-rally of bitcoin price over the past 24 hours, we still appear somewhat range-bound. In fact, since BTC first reclaimed five figures in June, we’ve been pretty much bobbing around the $10k level. Sure, there have been a couple of unsuccessful breakouts upwards, but nothing which has stuck. Well not...Read More
There are several measurements of the health of the bitcoin network. Hash rate is probably the first that comes to mind but daily volume is another indicator of how successful the system has been. Govts and Banks Cannot Stop Bitcoin Bitcoin was spawned by a movement dedicated to the freedom of financial oppression by central...Read More
Economist and crypto analyst Alex Krüger believes that $20,000 won’t be the all-time high (ATH) bitcoin price for much longer. Expect Bitcoin Price to Hit $50,000 In a Twitter thread published on Saturday (August 17, 2019), Krüger outlined his argument for the bitcoin price going as high as $50,000 by 2021 at the latest. According...Read More
Bank of America Merrill Lynch recently surveyed fund managers and found that investors are the most bullish they’ve been on bonds since the end of 2008. But that popularity comes as long-term risks are developing for traditional asset classes. For these reasons, Morgan Creek Capital Founder & CIO, Mark Yusko thinks new types of protective...Read More
