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Investor says Bitcoin price could drop to $6k based on GBTC premium

According to Timothy Peterson, an investor at Cane Island Alternative Advisors, the Bitcoin price could drop to the $6,000 region due to the gap between BTC and GBTC. Historically, Peterson said that the bitcoin price has followed the trend of the premium of the Grayscale Bitcoin Investment Trust (GBTC), an investment vehicle used by accredited […] The post Investor says Bitcoin price could drop to $6k based on GBTC premium appeared first on CryptoSlate. дальше »

2019-10-13 00:59


“Appreciation for Bitcoin Growing,” says Libra Creator David Marcus After 5 Firms Quit Association

Just a week before, PayPal quit the Libra network and now first eBay, then Stripe and Mastercard all abandoned Facebook’s cryptocurrency project. “We highly respect the vision of the Libra Association; however, eBay has made the decision to not move forward as a founding member,” a company spokesperson said in a statement. The company is […] дальше »

2019-10-12 18:05


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Bitcoin ETF Is a Lost Cause Until Jay Clayton Heads SEC, Says US Counsel

Every single Bitcoin ETF proposal sent to the US Securities and Exchange Commission (SEC) to date has been cold-shouldered by the regulators. The reasons cited sometimes vary, but the underlying theme remains the same in nearly all rejections and it has a lot to do with the deep sense of mistrust the SEC harbors towards […] The post Bitcoin ETF Is a Lost Cause Until Jay Clayton Heads SEC, Says US Counsel appeared first on BeInCrypto. дальше »

2019-10-12 04:34


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Bitcoin Miners Drove Price Volatility In 2018 Bear Market, Says New Data

Bitcoin miners are behind spikes in price volatility which saw the largest cryptocurrency hit $3100 in 2018, new data suggests. Miner Sell-Offs Preceded BTC Price Floor In fresh analysis uploaded to social media on October 11, on-chain intelligence resource Token Analyst revealed miners selling coins directly influenced the Bitcoin price. дальше »

2019-10-11 19:00


Malaysia’s Budget 2020 talks about cryptocurrencies; says they are far from widespread adoption

Malaysia’s Ministry of Finance (MoF) released Budget 2020 today, a monumental policy framework for the Malaysia economy over the fiscal year. However, the budget is more notable for the fact that the accompanying Economic Outlook 2020 section spoke about digital assets and the general public’s awareness of cryptocurrencies. дальше »

2019-10-11 14:36


President Trump Thinks Fox News Pollsters “Suck” After Shocking Majority of Voters Back Impeachment

President Trump lashed out against Fox News on Thursday after the agency’s poll showed record support for his impeachment, as the fallout from the Ukraine scandal continued to unfold. Fox Pollsters “Suck,” Trump Says President Trump took to Twitter on Thursday to complain about a Fox News poll showing that a majority of voters support […] The post President Trump Thinks Fox News Pollsters “Suck” After Shocking Majority of Voters Back Impeachment appeared first on CCN.com дальше »

2019-10-13 21:06


Bitcoin is Currently The Most Undervalued Asset: Crypto Management Firm’s Founder Travis Kling

“BTC is the most undervalued asset in the world today,” while equities, bonds, precious metals, real estate, and venture capital are all near their all-time highs, says Ikigai founder Travis Kling. Hitting New Peaks The yellow metal, gold recently jumped to a fresh six-year high and is now trading near this level. Experts believe the […] дальше »

2019-10-10 17:06


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Bitcoin Price Likely to Breakout Alongside S&P 500, Says Tom Lee

US stock index S&P 500 is moving towards new highs, and that can be a catalyst for another Bitcoin rally, says Thomas Lee, Head of Research at Fundstrat. Bitcoin to Benefit from Stock Market Confidence While the largest cryptocurrency has proven to have a low correlation with traditional markets, a stock market rally could add to the overall confidence of investors, and that might be a boost for Bitcoin as well. дальше »

2019-10-10 14:00


CME exec says group is expecting huge demand for its Bitcoin Options from Asia

The CME Group is all set to launch yet another Bitcoin derivatives product in the form of Bitcoin Options in the first quarter of 2020. Its Bitcoin Futures contracts turned out to be a great hit among institutional investors and the group is hoping that the soon-to-be-launched Bitcoin Option would be a great hit as […] The post CME exec says group is expecting huge demand for its Bitcoin Options from Asia appeared first on AMBCrypto. дальше »

2019-10-10 10:15


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Central bank says Libra must operate like a bank if it’s to launch in UK

The Bank of England‘s (BoE) Financial Policy Committee (FPC) has laid down a set of rules that Facebook‘s Libra and other cryptocurrencies must follow if they are to be launched in Britain. While some question if Facebook’s ‘cryptocurrency’ Libra will ever launch, the BoE‘s FPC did recognize its potential to becoming an “important payment system,” City AM reports. дальше »

2019-10-9 15:12