Michael Novogratz, who predicted BTC to hit $20,000 by the end of 2020, advises investors to own more gold than Bitcoin. Michael Novogratz, one of the biggest Bitcoin (BTC) bulls in the world, does not recommend investors to put the majority of their funds into Bitcoin. Although Novogratz is confident that Bitcoin “way outperforms” the […]
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Bitcoin’s recent price action could relate to miner selling. Mike Alfred, co-founder and CEO of data analytics outfit Digital Assets Data, recently pointed toward miners as a potential catalyst for recent Bitcoin (BTC) price activity. “It is tough to say definitively, but it appears as though the miners’ actions are having a direct, immediate impact […]
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Shareholders in German fintech Wirecard are taking legal action against Big Four auditor EY in the fallout from the scandal now engulfing the company. Shareholders in German fintech Wirecard are taking legal action against Big Four auditor EY in the fallout from the scandal now engulfing the company. Earlier this month, the auditor had refused […]
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Hao claims that retail investors are likely to spend the extra money on Bitcoin since there’s nowhere else they can get a good return on their savings. Jay Hao, the CEO of crypto exchange OKEx, suggests that a second United States stimulus plan could result in Bitcoin’s (BTC) price growing further. In his June 22 […]
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The South Korean exchange is reportedly looking into a stock market launch despite local regulatory uncertainty. Major South Korean cryptocurrency exchange Bithumb is planning to hold an initial public offering (IPO), according to reports from local media. As reported by MoneyToday on June 24, Bithumb Korea, the trading platform’s operator, has begun preparing for a […]
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The ins and outs of trading, as explained by Bill Hermann, Matthew Ficke, and David Carman. Crypto trading is a zero-sum game with clear winners and losers. This competitive stage yields countless self-proclaimed profitable traders on Twitter and YouTube. As the players downtown make their livelihood trading for institutions like Galaxy Digital and Pantera Capital, […]
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Experts are anticipating a stock market crash in the near term. Bitcoin may follow suit due to three main factors. Experts in the financial market and the crypto industry foresee a major stock market correction unfolding in the short term. Given the high correlation of Bitcoin (BTC) with stocks observed in the past three months, […]
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Amid protests, rioting and general uncertainty, mainstream markets have posted positive numbers, seemingly contrasting the state of the U.S. Even in light of recent riots, protests, and uncertainties, mainstream U.S. financial markets show upward prices due to overarching forces, according to Morgan Creek Digital co-founder, Anthony Pompliano. “Yes there are protests, there are all these […]
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U.S. President Trump’s new executive order touches on media censorship, something crypto YouTubers know all too well. Those in the know expect President Trump to sign a fresh executive order today, imposing greater accountability on social media providers. The order draft, labeled at press time as “Preventing Online Censorship,” brings further clarity to social media industry […]
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Tired claims that Bitcoin and cryptocurrencies are not an asset class say more about Goldman Sachs and the banking system itself, proponents argue. Bitcoin (BTC) supporters have widely panned Goldman Sachs after it emerged that the banking giant does not consider it as a real asset class. Materials from an investor call on May 27 […]
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