
Fortress Investment Group Offers to Buy Mt. Gox Creditor’s Bitcoin Claims
The Fortress Investment Group is offering $900 per Bitcoin token to the Mt Gox creditors to take over the claims of their BTC holdings.
The Fortress Investment Group is offering $900 per Bitcoin token to the Mt Gox creditors to take over the claims of their BTC holdings.
Recently on the CNBC Fast Money show, Mark Yusko, the CEO of Morgan Creek Capital Management, claimed that Bitcoin price is likely to be on the next parabolic move and is heading to $30,000.
Anthony “Pomp” Pompliano is 75% confident that by the end of 2021 Bitcoin will be traded at $100,000 price level. Nevertheless, according to him, this way will be full of ups and downs.
Despite sharp Bitcoin price swings, it has been profitable as an investment 98.2% of the days since its creation. If you want to become a member of crypto community and earn some money – analysts say it’s time to buy.
Experts say that Facebook’s Libra will probably not reach the billions they claim, and it won’t affect the financial world and stability in general. However, while everyone is talking about Libra, banks are developing their own digital currencies.
The financial whales are slowly diving into the crypto sector with the world’s 317th richest person, Henry Kravis, also trying his luck by joining the rapidly growing industry.
Two persons cited on the Bitcoin white paper – Blockstream CEO Adam Back and Yugen Partners Chief Scientist Scott Stornetta, share their thoughts on the future of Bitcoin and cryptocurrency technology in the whole.
Justin Sun donated $4.57 million via an auction for the Charity Lunch with Warren Buffett organized by Glide Foundation. Many are seeing Sun’s moves as an effort to bridge the distance between crypto space and skeptical Buffett.
Mark Zuckerberg commented on the newly-launched Facebook’s Libra crypto. He says that Libra Association is an independent organization and Facebook only has one vote in it. That way he emphasizes the trustworthiness of Libra.
A billionaire Mike Novogratz predicted that Bitcoin’s (BTC) price will stabilize between $10,000 and $14,000. He also confirmed he sold some BTC and that he regrets he didn’t sell more. Now some are blaming him for the price fall.
Yesterday BitMex reported on Twitter that it hit a record in daily volume as Bitcoin went pass $13,000. BitMex, which is a leading Bitcoin derivatives trading platform, topped $16 billion in volume across its products.
CoinMarketCap has made its first-ever acquisition. The company acquired is Hashtag Capital, a startup involved in developing algorithms that analyze ‘all points of available liquidity’ to more accurately reflect an asset.
Analysts are pretty sure in their claims that Bitcoin prices could match their all-time high of $20,000 within the next two weeks, and, could actually hit $50,000 or $100,000 by the end of the year.
Benjamin Blunts, a popular crypto trader and Elliott Wave technical analyst has compared Ethereum movement in 2017 and now and found a striking resemblance between price actions. He believes that a new long-lasting bull cycle has begun.
Kraken completed its crowdfunding round with $13,5 million raised. That way, Kraken pushed the company valuation towards $4 billion.