“There’s more blood to come,” Neu-Ner, who is host of CNBC Africa’s “Crypto Trader,” said Thursday on “Fast Money.”
This isn’t the first time Neu-Ner has had a grim outlook for bitcoin.
Some say bitcoin mining, or the cost of production, outweighs gains once the price of bitcoin drops to around $8,000.
Still, bitcoin, the largest cryptocurrency by market cap, is nowhere near its December peak when it was priced around $19,500.
WATCH: Bitcoin bull Brian Kelly says bitcoin isn’t dead yet
The co-founder of the investing app and web platform was bullish on bitcoin despite the price declines seen over the last few months, saying “this asset has staying power, significant staying power.
Chris Briskey, the owner of a shop in Yakima, Washington, purchased a Bitcoin ATM in April this year. Soon, the ATM began attracting those who purchase, or are interested in purchasing, Bitcoin from all over the state.
Bitcoinist spoke with the founder and developer of Samourai wallet, the most privacy-focused bitcoin software wallet, self-described as a “Bitcoin wallet for the streets. ” The pseudonymous developer, who we’ll refer to as ‘Samourai,’ explained the importance of privacy in transacting, why Samourai is the most secure wallet to date, and why they have zero plans to support altcoins.
The Bank of International Settlements (BIS) has leased a chapter from its forthcoming annual report that delivers a critical appraisal of bitcoin and cryptocurrency. The report attacks virtual currencies from several main standpoints: claiming that cryptocurrencies do not effectively perform monetary functions due to price volatility, that the retail adoption of blockchain-based payment mechanisms would […]
The post Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report appeared first on Bitcoin News.
This week the Bitcoin Cash (BCH) community had found that two trademark filings for the phrase ‘Bitcoin Cash’ were registered with the United States Patent and Trademark Office (USPTO) over the past year.
On June 29, 2018, Bloomberg will host a half-day, invitation-only "The Future of Cryptocurrencies" event at Bloomberg’s offices in the heart of London, England. The event will focus on the future of cryptocurrencies, where subject-matter experts and leading industry players from the virtual currency market will discuss crypto's regulatory future, the factors driving its volatility and potential trading strategies.
In an off crypto market event, Nalin Kotadiya who formerly held positions in the Indian legislative council has been declared a “proclaimed offender” after failing to show up at a court hearing for an alleged involvement in a Bitcoin extortion case.
The Freedom of the Press Foundation (FPF) now officially accepts donations made with cryptocurrencies, the non-profit announced Monday. The move is “a natural fit” for the organization, which aims to support journalists reporting on issues within governments, said executive director Trevor Timm.
With every slide in the cryptocurrency market, Bitcoin dominance increases. As a matter of fact, Bitcoin ball park control stands at 40 percent in the last seven days or so. That’s when bears took more than $30 billion despite supportive news from the SEC.
George Friedman, a well-respected Hungarian-born U. S. geopolitical forecaster and strategist on international affairs, believes blockchain technology will eventually become “obsolete” — and he may be right.
George Friedman, a respected geopolitical forecaster, believes that blockchain technology will become ‘obsolete’ over time. Can Blockchain Encryption Be Broken Through Quantum Computing? George Friedman’s negative attitude shown towards blockchain technology has proven to be rather unpopular.
Robinhood is by no means an ‘elder’ in the cryptocurrency industry, only opening up its cryptocurrency division in early January. Despite this, Robinhood’s co-CEO, Baiju Bhatt, believes that the cryptocurrency market has a strong future ahead of itself.
Gal Vallerius, a 36-year-old French national pleaded guilty this week in the US of selling narcotics on the Dark Web under the nickname of OxyMonster. In a criminal complaint filed last year, investigators say that Vallerius configured a “tip jar” on the Dream Market Dark Web marketplace. The tip jar was meant to allow users
The Bank of International Settlements (BIS), a transnational institution owned by and comprised of central banks that seeks to “fosters international monetary and financial cooperation and serves as a bank for central banks,” recently published its quarterly review of “International banking and financial market developments” for June 2018.
Have you ever heard of Bitcoin? Bet, the answer is “yes”. Since its humble beginnings in 2009 when only cypherpunks and tech geeks had heard of it, Bitcoin has evolved into a mature digital currency used by millions worldwide.
Brian Kelly, founder and CEO of digital currency-focused investment firm BKCM LLC, believes Ethereum might be a better investment than Bitcoin — and he provided CNBC’s “Fast Money” with three reasons why.
Some cryptocurrency community members believe that a piece of historical technical analysis indicates that Bitcoin’s price could be headed upwards real soon. Historical Technical Analysis Methods: Wyckoff Method According to a post put together by Reddit user, “CryptoPorto,” Bitcoin’s price could be mirroring the hypothetical chart of a strong price reversal.
During a recent address to the Heritage Foundation in Washington, D. C, Jonathan Johnson, the former chairman and current member of the board for Overstock, sought to emphasize that payments in the form of bitcoin comprise a steadily growing source of revenue for the company.
In May, the Chinese Bitmain — the world’s most known cryptocoin mining hardware vendor — has again lowered prices. The leading “workhorse” on miner’s site, Antminer S9 13. 5TH/s to mine Bitcoin and other cryptocurrencies via SHA256d protocol, now costs slightly more than US$800.
Bitcoin Press Release: On June 29, 2018, Bloomberg will host a half-day, invitation-only “The Future of Cryptocurrencies” event at Bloomberg’s offices in the heart of London, England. June 15th, 2018.
A study published Wednesday says at least half of the jump in bitcoin was due to coordinated price manipulation. “Fraud and manipulation often leave footprints in the data and it’s nice to have the blockchain to track things,” Griffin told CNBC.
And while it’s not the original chain, Ver very often renames bitcoin, “bitcoin core” (after the name of the team behind bitcoin’s main software implementation), even going so far as to label bitcoin cash, “bitcoin” and bitcoin, “bitcoin core” on his website bitcoin.
The CEO of the global settlement platform Ripple has once again addressed the current state of the blockchain and cryptocurrency industry. Brad Garlinghouse spoke at the 2018 Stifel Cross Sector Insight Conference.
Bitcoin is going down, and one prominent cryptocurrency analyst believes it’s still got a ways to go. Nevertheless, the upside potential — in the grand scheme of things — is still massive. ‘We May See a Very Different Game in Mining’ Ran Neu-Ner, founder and CEO of Onchain Capital and host of CNBC Africa’s “Crypto Trader,” believes Bitcoin has not found its bottom.
A major shopping center based in Slovenia is widening a cryptocurrency payments pilot. Those include services for clothing and electronics as well as restaurants, Slovenian TV channel “24 Ur” reported on Monday.
Justin Sun, the founder of “decentralized web” altcoin Tron, has reportedly taken over Bittorrent Inc, the San Francisco-headquartered company founded in 2004 to manage the ongoing development of the Bittorrent peer-to-peer file sharing protocol.
Bitcoin, ethereum, bitcoin cash, and much of everything else, is slightly up today following a meeting in Singapore between Donald Trump and Kim Jong Un who called the historic shaking of...
The post Cryptos Slightly Up Following Trump and Kim “Prelude to Peace” in Korea appeared first on Trustnodes.
In recent regulatory news, Brett Redfearn, the director of the United States Securities and Exchange Commission (SEC)’s Division of Trading and Markets, has described the self-reporting efforts of cryptocurrency exchanges as “underwhelm[ing],” Hydro-Quebec has again suspended new applications from mining companies seeking to operate in the province, and the SEC has published a new page […]
The post Regulations Round-Up: SEC “Underwhelmed” by Exchanges’ Reporting, Quebec Halts New Mining Operations Again appeared first on Bitcoin News.
In what’s being reported as the first case of its kind in Southern California, a woman has pleased guilty to running an illegal money exchange using bitcoin. Theresa Tetley is thought to have made over $300,000 a year using a peer-to-peer Bitcoin marketplace.
Recent remarks from CFTC Commissioner, Rostin Behnam, reveal that US regulators are realizing that Bitcoin and cryptocurrencies are here to stay because they’ll “become a part of the economic practices of any country, anywhere.
A prominent figure in the cryptocurrency space made a bold prediction that Bitcoin could hit a total market capitalization of $15 trillion in the next four years. Pantera Capital CEO Dan Morehead said that global blockchain adoption still lags compared to other global financial assets, saying that blockchain’s untapped potential could drive Bitcoin to an exponential growth in its market capitalization.
While BTC and Ethereum have made strong comebacks in the last year, much of the rest of the market is still catching up, say Kevin Kelly and Jason Pagoulatos, of Delphi Digital.
Robinhood, the trading platform known for its meme stock frenzy and commission-free trades, is banking on a new kind of boom: cryptocurrency. The company’s stock price surged nearly 9% this week after a bullish analyst report predicted explosive growth in the crypto market, fueling hopes for Robinhood’s future.
Comparisons in the crypto market are not out of the norm, especially given the fierce rivalry that goes on between two or more tokens at a time. So this report will take a look at where the price of Dogecoin will realistically be if the meme coin’s market cap were to reach the current market cap of Bitcoin or Ethereum.
The crypto market has retaken the $1 trillion territory, as its top performers – Bitcoin and Ethereum – brought in some impressive numbers on Thursday. Bitcoin managed to finally surpass and steadily hold the $20K marker while Ethereum is showing its best performance yet after crashing following The Merge. At press time, according to tracking […]
Bitcoin, the largest cryptocurrency in terms of market capitalization, will most likely enter next month having a trading price that is significantly lower than its $69,044 all-time high attained on November 10, 2021.
Bitcoin is often addressed as digital gold. Will the largest cryptocurrency flip the market cap of physical gold?
The post Bitcoin vs Gold: Will BTC Flip the Market Cap of Physical Gold? appeared first on BeInCrypto.