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.
As the debate for the real Bitcoin escalates, billionaire investor Mike Novogratz makes it clear that BTC is the real one and the “digital gold”.
Cryptocurrencies are said to come back to Reddit platform. This time not only BTC but also ETH and LTC payments will be available for users.
Bill Baruch, together with a number of other reputed analysts, has expressed a bullish view regarding short-term Bitcoin price movements.
After hovering around $6,939 earlier these days, Bitcoin has gained over $1,000 in just 45 minutes this morning, breaking the $8,000 mark.
Crypto markets turn positive over the news of some big industry giants from the world of finance joining the crypto space.
The overall cryptocurrency markets have corrected heavily in the last 24 hours as the crypto markets valuations have dropped to $310 billion.
The transactions costs on the Bitcoin network have gone lowest in the past six months due to the reduction in network congestion as well as with the implementation of the SegWit support.
Bitcoin is not the only cryptocurrency suffering from the drop – the whole cryptocurrency market goes down for no evident reasons.
Bitcoins that are worth nothing. No, it’s not a joke. It’s a glitch that occurred at one of the Japanese cryptocurrency exchanges.
With a momentary spike above $11,000 levels, the price of Bitcoin has pulled back down again and is consolidating around $10,700 levels.
Experts say that Bitcoin’s attraction for institutional investors may increase correlation, with crypto market hitting $1 trillion this year. As Bitcoin’s correlation with stocks jumps to 2-year high, the currency becomes like everything else on Wall Street.