Phillip Nunn, whose predictions about Bitcoin’s future have already partially come true, believes that in 2018 Bitcoin will be traded for $60,000.
Crypto market rebounds, with the world’s largest cryptocurrencies spiking. This follows the news from the US SEC which does not consider Ethereum a security.
Garlinghouse opens up about his view on Bitcoin along with the long-term impact of Ripple’s technology to drive the mass adoption of cryptocurrencies in the future.
Thomson Reuters, the leader in the sphere of intelligent information for businesses and professionals, has decided not to stop at Bitcoin and announced expanding its sentiment data feed to 150 cryptocurrencies.
The latest report counters the conventional wisdom that the volatility in Bitcoin prices is due to short-term investors exchanging multiple hands.
Nearly $40 billion has been wiped off the crypto markets in a single day after reports of CFTC regulators investigation price manipulations, emerged.
This is a guest post by Mary Ann Callahan, a journalist at UK-based cryptocurrency exchange Cex.io, in which she shares her insight into possible reasons for such a wild Bitcoin price’ fluctuation.
Brad Garlinghouse, CEO of Ripple, that Bitcoin will not be a global currency and expects major banks to use XRP as a liquidity tool.
Recently Twitter and Square Jack Dorsey said that bitcoin would one day become the single global currency. At Money20/20 conference taking place in Amsterdam, Apple co-founder Steve Wozniak supported this opinion.
This step from Bithumb is in line with maintaining more transparency in its operations while complying with all the regulatory measures.
Good news for the cryptocurrency community: a new exchange developed by BTCC is said to enter the game in June. The platform will provide faster transactions and enhanced security.
Bogart said that despite the possibility of short-term headwinds in Bitcoin prices, the long-term story is bright as the space is getting largely institutionalized.
Experts from the crypto space have backed the DOJ’s investigation in Bitcoin price manipulation saying that it will help to remove unwanted elements from the crypto market.