Macro investor Raoul Pal, CEO and Co-Founder of Real Vision Group thinks Bitcoin will soar to $1 million in roughly five years’ time. He believed that with the asset’s restricted supply, market demand will always be in Bitcoin’s favor. The former Goldman Sachs investment banker claimed that Bitcoin’s price-performance will continue to draw more interest...Read More
Tuesday’s bitcoin price surge launched BTC as high as $10,750 on Bitstamp, decimating $68 million worth of shorts in the process. | Source: Shutterstock Bitcoin (BTC) is back in positive territory today. Yesterday’s surge of nearly 8% on Bitstamp saw BTC shoot back past $10,000 and then briefly clip the $10,750 mark on Tuesday. Most...Read More
Over the past few months, analysts across the board — from Bitcoin (BTC) lovers to Wall Street’s bulls — have been charting an impending recession.This has left many investors with one pressing question: what should they buy to hedge their risk?According to one prominent economist and former Wall Streeter, Bitcoin is one of the leading...Read More
Bitcoin maximalist Max Keiser set an exuberant $28,000 bitcoin price target, citing an escalating hash rate and Game Theory. | Source: Shutterstock (i), Keiser Report/YouTube (ii). Image Edited by CCN. By CCN Markets: As the bitcoin price sputters this weekend, crypto bulls are stepping in to pump the market up. Bitcoin permabull Max Keiser set...Read More
On Friday, the Bank of England’s governor made a comment that was music to the ears of Bitcoin and crypto proponents.BITCOIN IS THE FUTURE ?? pic.twitter.com/ITdKsG9HJ5— Pomp ? (@APompliano) August 23, 2019According to reports from Reuters and Bloomberg, Mark Carney dropped a bombshell on a group fo central bankers and press at a meeting in...Read More