It appears that the crypto community is very easily riled these days. A 50% collapse in total crypto market capitalization in the latter half of the year may have something to do with it, while a recent interview on CNBC with Roger Ver has kicked of another bout of twitter tribalism over Bitcoin Cash. Bitcoin…
CNBC has continued its seemingly non-stop coverage of Bitcoin and other crypto markets. On Monday, the outlet brought on Thomas Lee of Fundstrat Global Advisors to divulge his latest thoughts on the cryptocurrency market. Unsurprisingly, Lee’s comments centered around the impact that tumult in traditional markets and the geopolitical stage, like the U.S.-China trade war,…
In case you missed, the crypto asset industry is getting remarkably bullish once again. With the price of Bitcoin crossing the psychologically important $10,000 mark twice in less than a week, many observers are bracing themselves for higher prices.Amongst those optimistic for the future of Bitcoin are the five panellists appearing on CNBC’s “Fast Money”…
Rumors are flying. The SEC could approve a Bitcoin Futures ETF before the year ends. It seems like the US Security And Exchange Commission will not give the go-ahead to the mythical Bitcoin ETF just yet… or ever, but a new option has a few companies salivating. What does this mean? And why a Bitcoin…
All last month, the positive sentiment surrounding Bitcoin, crypto, and even Facebook Libra turned negative after United States President Donald Trump made some negative tweets about the digital asset class and its illicit use in criminal activities such as money laundering, cybercrime, drug trade, and more. And while many Trump-appointed policymakers came out of the…
Since the announcement of Facebook’s Libra cryptocurrency, the crypto market and even the tech sector has never been the same. It’s got regulators up in arms about Bitcoin, crypto assets are crashing, and the project may not ever even see the light of day. Even partners have started to abandon the project. The topic came…
Bitcoin has been struggling to build momentum in recent weeks, and the return of cash into the system is raising questions about whether this could be the moment that changes the tone of the crypto market. That growing sense of anticipation has already started to show up in prices, with the total crypto market cap…
The biggest property developer in China, Evergrande, seems to be on the verge of collapse. They apparently owe $300B. Is bankruptcy on the table? There’s a better question, though. Is Evergrande the only company in the sector with these kinds of debts? Or is Evergrande just a symptom of a widespread disease? Also, how does…
Brian Kelly, founder and CEO of cryptocurrency investment firm BKCM, has said the market is experiencing a “crypto civil war” as the announced “hard fork” in Bitcoin Cash failed to gain consensus among peers in the community. The disagreement is behind the plunging digital currency market, with Bitcoin losing the $6,000 handle on Wednesday, Kelly…
Since the middle of December, Bitcoin has been on an absolute tear higher, rallying from $6,400 to $10,550 earlier this week, per data from TradingView. This marks a surge of over 60%, meaning that the cryptocurrency outpaced a majority of other multi-billion-dollar assets save for Ethereum, XRP, and Tesla.This strong surge comes shortly after cryptocurrency…