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Halving Sell-Off Temporary, BTC to Hit $20,000 by Year End, Says Billionaire Investor Novogratz

Bitcoin (BTC) may not have pumped at the scale expected by many halving optimists, but Wall Street billionaire Michael Novogratz insists that the price will hit $20,000 by year-end. The Galaxy Digital founder and chief executive officer on Monday told CNBC that bitcoin’s surge was inevitable in light of the record money printing by world […] The post Halving Sell-Off Temporary, BTC to Hit $20,000 by Year End, Says Billionaire Investor Novogratz appeared first on Bitcoin News. дальше »

2020-5-13 01:05


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Libonomy — next generation blockchain technology

Every year, blockchain technology receives more and more fans who have appreciated all the advantages of working with a decentralized registry. Moreover, a well-developed product on the blockchain enjoys a more trusting attitude from users who understand the reliability and honesty of such projects, especially when it comes to the financial sector. Companies that decide […] дальше »

2020-5-10 16:22


Square’s Cash App & Grayscale Combined Consume Over 50% of Bitcoin’s Daily Supply

This is a whopping 367% increase over the same quarter last year at $66 million. Revenue from bitcoin now accounts for 57% of Cash App’s total reported revenue, up from 47% in 2019. Bitcoin revenue generated a gross profit of $7 million, benefitting from “an increase in transacting active bitcoin customers and growth in customer […] дальше »

2020-5-7 17:57


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Here’s Why Bitcoin’s Outperformance of Gold Isn’t Impressing One Prominent Investor

Bitcoin’s recent recovery from its mid-March lows has allowed it to outperform gold and virtually all major markets this year This strength has even allowed it to see over twice the returns that gold has seen – boosting the “digital gold” narrative that was popularized in 2019 One prominent investor isn’t impressed with BTC’s performance, however, and believes that the risk-reward ratio still makes it a bad investment Bitcoin has seen some extraordinary price action […] дальше »

2020-5-7 02:00