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Bitcoin Opinion

Bitcoin Price Will Hit $60,000 This Year: Fund Manager

Phillip Nunn, chief executive officer of Manchester-based investment firm Blackmore Group, is standing by his bullish prediction that the bitcoin price will reach $60,000 in 2018, according to BusinessCloud. Nunn, who also advises initial coin offering (ICO) projects, told the news outlet he believes the flagship cryptocurrency see both $6,000 and $60,000 this year. Speaking The post Bitcoin Price...
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Regulated Cryptocurrency Custody Will Bring in Big Money: Hedge Fund Manager

Anyone who stays in the crypto-space long enough begins to recognize the familiar mantras. “Don’t invest more than you can afford to lose.” “We’re in the early days of the internet.” “Adoption is coming.” They’re all valid points, and currently the latter is being held back by lack of regulation and typical financial services, keeping The post ...
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‘Selling Crypto Now Is Like Selling Apple in 2001’: eToro CEO

Ever since the arrival of Bitcoin, many people have predicted that “soon” all of the cryptocurrencies will crash. The trends in cryptocurrencies have been compared to global events such as tulipmania, the 1929 stock market crash and the dotcom bubble. However, even after the recent fall in crypto prices, the industry continues to attract new The post ‘Selling Crypto Now Is Like S...
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Billionaire Investor Explains Why Bitcoin Price Will Hit $250,000 by 2022

Billionaire venture capitalist and investor Tim Draper has long been one of cryptocurrency’s biggest bulls, and that has not changed during the first half of 2018, even as the bitcoin price has sunk more than 67 percent from its all-time high. Draper, as CCN reported, has predicted that the bitcoin price will reach $250,000 by The post Billionaire Investor Explains Why Bitcoin Price Will Hit $250,...
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Western Union CEO Not Impressed by Ripple Trial, Doesn’t See Bitcoin Replacing Fiat

Western Union, the largest money transfer service in the world, made waves earlier this year when it confirmed that it had partnered with Ripple to conduct a blockchain trial involving the XRP cryptocurrency. However, six months into that test, Western Union CEO Hikmet Ersek said that the firm has yet to see any real cost The post Western Union CEO Not Impressed by Ripple Trial, Doesn’t See Bitcoi...
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Steve Bannon Bets On Bitcoin, Calls Cryptocurrencies ‘Disruptive Populism’

Steve Bannon, who was ousted from the Trump White House in August 2017, joins a growing chorus of cryptocurrency evangelists who are betting that bitcoin will usher in a financial revolution. “It’s disruptive populism,” Bannon told the New York Times. “It takes control back from central authorities. It’s revolutionary.” Before delving into politics, Bannon was The post Steve Bannon Bets On Bitcoin...
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Bitcoin Is Controlled by China, Won’t Disrupt Banks: Ripple CEO Brad Garlinghouse

It might be an overstatement to say that Brad Garlinghouse has been on a bitcoin-bashing tour — he is, after all, a bitcoin investor himself — but it’s undeniable that the Ripple CEO has used the recent market downturn as an opportunity to throw shade at the flagship cryptocurrency. The latest jab came this week The post Bitcoin Is Controlled by China, Won’t Disrupt Banks: Ripple...
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Bitcoin Price Could Reach Further Lows Below $6,000: Analyst

Ran Neu Ner, founder of Onchain Capital, and host of Cryptotrader on CNBC Africa was on CNBC’s Fast Money offering his prediction that bitcoin is likely to see further downward movement relative to the US dollar, possibly going as low as $5,900 USD. The problem, according to Neu Ner, is not to do with any The post Bitcoin Price Could Reach Further Lows Below $6,000: Analyst appeared first on...
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Cryptocurrencies Operate on ‘Fraudulent’ Business Model: Hotmail Founder

Proponents of cryptocurrency often argue that this technology will have an impact on the world that is comparable to that of the internet, but one of that revolution’s most successful entrepreneurs has cast shade on that bullish prediction. Speaking with regional media outlet Arabian Business, Sabeer Bhatia — founder of now-shuttered email service Hotmail — The post Cryptocurrencies Op...
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Cryptocurrency a ‘Modern Miracle,” Not Going Away: CFTC Commissioner

One of the top market regulators in the US said this week that cryptocurrency is a “technological revolution” that will one day be a part of every national economy. Speaking on Monday before the BFI Summit at the United Nations, Commodity Futures Trading Commission (CFTC) Commissioner Rostin Behnam discussed challenges faced by the agency as The post Cryptocurrency a ‘Modern Miracle,” Not Going Aw...
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