Bitcoin was trading at just over $8,350 at press time, a 6 percent increase over the past 24 hours and an incredible 40 percent increase over the previous month. The king of cryptos has been on a great run in the last week especially, and its price now sits above […]
Speculation
Bitcoin Is Still a Better Investment Than Altcoins: Crypto Expert
If you are thinking of decamping from Bitcoin to invest in the various altcoins anticipating higher returns, don’t. According to Bart Smith of the Susquehanna International Group, Bitcoin is still the best bet and will continue to dominate the market. The rise of altcoins at the end of last year […]
Bitcoin to Hit $50,000 Despite Recent Plummet, BitMEX CEO Says
The recent downward spiral of Bitcoin hasn’t dissuaded Arthur Hayes from his bullish prediction that Bitcoin will hit $50,000 by the end of the year. Hayes, the co-founder and CEO of Bitcoin Mercantile Exchange (BitMEX), said that volatility is not Bitcoin’s weakness but rather its strength, as it gives investors […]
Blackmore Group CEO: Bitcoin Headed to $60K This Year
There are experts in the field who have extremely high expectations of Bitcoin. And with a 8,500% increase in 2013 and a 1,500% gain in 2017, why not? Could a massive uptick happen yet again and send the price of Bitcoin flying all the way to $60K? Bitcoin prices look […]
Expert Says Cryptocurrencies Will Be a $20T Market
Galaxy Digital, a $250 million investment firm headed by Mike Novogratz that is focused on cryptocurrencies, is very bullish on crypto these days. As a matter of fact, Novogratz recently claimed that the market is headed for the $20 trillion mark, and that is some very good news for investors. […]