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Fundstrat Analyst Tom Lee Responds to Trump’s Bitcoin Tweet

On July 11 President Donald Trump tweeted that Bitcoin, Facebook’s Libra and all other cryptocurrencies are basically rubbish when compared to the US dollar. Now Tom Lee has a response. Bitcoin: A Store of Value or the Choice Asset of Criminals? Earlier this week the US Federal Reserve Chairman Jerome Powell made media waves and rocked crypto Twitter when he suggested that Bitcoin is a speculative store of value that functions similarly to an investment Read More The post Fundstrat Analyst Tom Lee Responds to Trump’s Bitcoin Tweet appeared first on Bitcoinist.com. дальше »

2019-7-14 09:45


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‘Zimdollar’ Reboot: Bitcoin Fills Liquidity Gaps as New Zimbabwe Currency Flounders

P2P bitcoin trade is surging in Zimbabwe via mobile exchange platforms like Ecocash, despite recent government efforts to curb the use of competing currencies locally. As of June 24, the reinstated Zimbabwe dollar (formerly RTGS dollar) is now the only recognized currency in the economically embattled southern African country. дальше »

2019-7-13 20:30


Barry Silbert Predicts Altcoin Price Explosion to Catch Bitcoin Rally

Large cap altcoins have appreciated nicely against the US Dollar in 2019. Their gains however, have paled in comparison to Bitcoin's bullish rally this year. But Digital Currency Group CEO Barry Silbert said in a tweet Wednesday that he expects the market value of quality altcoins to catch up to the Bitcoin price boom sometime […] The post Barry Silbert Predicts Altcoin Price Explosion to Catch Bitcoin Rally appeared first on CCN Markets дальше »

2019-7-11 10:45


$13,000: Bitcoin Price Jumps 30% in 8-Day Gains; What’s Behind the Recovery?

In the past 24 hours, the bitcoin price has seen a gain of around $1,000 and surpassed $13,150 across major crypto exchanges, demonstrating strong momentum against the U.S. dollar. The upside movement of bitcoin comes after it saw a large pullback in the tune of 30 percent earlier this month during which the dominant crypto […] The post $13,000: Bitcoin Price Jumps 30% in 8-Day Gains; What’s Behind the Recovery? appeared first on CCN Markets дальше »

2019-7-10 13:23


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China Issuing Digital Currency ‘Will Drive Bitcoin Adoption’

Bitcoin proponents predict that China’s decision to create its own digital currency will ironically drive massive BTC adoption. China: Libra Dollar Peg Would Harm Sovereignty As various media outlets including South China Morning Post (SCMP) reported July 8, China’s central bank said it was already in the process of building the digital token. дальше »

2019-7-9 17:00


Bitcoin Price Spikes 10% in 2-Day Rally Despite Lacking Retail Investor Flurry

Over the past 48 hours, the bitcoin price has surged by more than ten percent against the U.S. dollar from $11,328 to $12,545 on regulated crypto exchanges like Coinbase Pro and Kraken. Earlier this month, the bitcoin price dropped to as low as $9,700 in a relatively large pullback that was anticipated by traders for […] The post Bitcoin Price Spikes 10% in 2-Day Rally Despite Lacking Retail Investor Flurry appeared first on CCN Markets дальше »

2019-7-9 12:47