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The recent downward spiral of Bitcoin hasn’t dissuaded Arthur Hayes from his bullish prediction that Bitcoin will hit $50,000 by the end of the year. Hayes, the co-founder and CEO of Bitcoin Mercantile Exchange (BitMEX), said that volatility is not Bitcoin’s weakness but rather its strength, as it gives investors the chance to make money … Read more
There are experts in the field who have extremely high expectations of Bitcoin. And with a 8,500% increase in 2013 and a 1,500% gain in 2017, why not? Could a massive uptick happen yet again and send the price of Bitcoin flying all the way to $60K? Bitcoin prices look like they are on their … Read more
Galaxy Digital, a $250 million investment firm headed by Mike Novogratz that is focused on cryptocurrencies, is very bullish on crypto these days. As a matter of fact, Novogratz recently claimed that the market is headed for the $20 trillion mark, and that is some very good news for investors. Novogratz is a Wall Street … Read more
If you think a lot of talk about blockchains is garbage, it’s only fitting to let you know that some of it is. Yet another use for blockchain technology has been revealed, and that’s to help us clean up our act. Literally. The superstar technology that’s putting food on the tables of the poorest households … Read more
We’re almost halfway through 2018, and it has already been a rough year for crypto enthusiasts. High-profile scams and other issues seem to have stopped the markets from reaching the highs we saw toward the end of 2017. Add to this the criticism and FUD being spread by financial authorities and the mainstream media, and … Read more
There exists a decent probability that the price of Bitcoin will eventually go to zero, according to Joe Davis, the head of Vanguard Investment Strategy Group, a division of the global giant Vanguard Group. In a blog post published on Tuesday, May 21, Davis broke down his argument that cryptos don’t qualify as currencies and may soon be … Read more
Facebook’s silence around blockchain was deafening. Louder still were the voices of speculation over its lack of comment. If one of the largest tech companies in the world wasn’t jumping on the blockchain train, perhaps the whole thing was smoke and mirrors after all. Then Bitcoin nose-dived, Facebook banned cryptocurrency ads, and blockchain skeptics had a … Read more
Throughout history, people have tried to reinvent money, and while new inventions have created a buzz for some time, none of them have succeeded. Bitcoin and other cryptos are just the latest in a long line of such inventions, according to renowned American economist and crypto critic Robert Shiller. In a blog post appropriately titled “The Old … Read more
Questions have been mounting around Bitcoin’s ability to scale effectively since its inception. As a cryptocurrency, Bitcoin only exists due to its revolutionary blockchain technology which creates a self-contained giant ledger keeping track of all transactions with 100% accuracy and without a third party. In the cryptocurrency economy, Bitcoin Cash has become a highly sought-after … Read more
In an increasingly networked world, many industries are turning to blockchain, crypto, or distributed ledger technology (DLT) solutions to enable a whole new class of use cases. They involve the two most basic mechanisms of this new wave of technology: sensitive information sharing and networked interaction without the need for a central intermediary. This is … Read more
