As the Bitcoin market has once again become frothy, the amount of retail interest in cryptocurrency has grown once again, with volumes increasing and Google Trends data suggesting this industry is in vogue. Unsurprisingly, mainstream media outlets have sprung to start covering Bitcoin developments once again, calling upon industry executives and investors to weigh in...Read More
The recent volatility in the cryptocurrency markets hasn’t done much to fend off Bitcoin bulls. In fact, in two recent interviews with mainstream media, two of the industry’s most powerful executives and investors separately confirmed that they think the price of BTC will surpass $100,000 in the coming years. As crazy as they may sound...Read More
On a recent segment of CNBC’s Market Alert featuring prominent investor Mark Mobius, the conversation quickly turned to gold, fiat currencies, and of course, Bitcoin.The post appeared first on NewsBTCRead More
CNBC’s Joshua Brown sarcastically compared bitcoin to the Beanie Babies bubble and completely missed the point about cryptocurrency. | Source: Shutterstock; Edited by CCN By CCN Markets: On this day in 1999, TY inc. abruptly ended the sale of Beanie Babies. It marked the end of a wild toy craze that sent the value of...Read More
The value proposition of Bitcoin has long been questioned by its cynics.Unlike traditional assets, the cryptocurrency doesn’t generate cash flow, pay out dividends, produce a fixed yield, or have a maturity date. And unlike recognized forms of money, Bitcoin isn’t backed by the power of a government or some asset, like gold.But, Bitcoin’s underlying value...Read More
Since the announcement of Facebook’s Libra cryptocurrency, the crypto market and even the tech sector has never been the same. It’s got regulators up in arms about Bitcoin, crypto assets are crashing, and the project may not ever even see the light of day. Even partners have started to abandon the project.The post appeared first...Read More
