Bitcoin is ‘not for me’ but it’s too ‘arrogant’ to say it won’t have a future, Goldman Sachs CEO says

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“If you could go through that fiat currency where they say this is worth what it’s worth because I, the government, says it is, why couldn’t you have a consensus currency?” Lloyd Blankfein said. Goldman Sachs CEO Lloyd Blankfein does not own bitcoin, but … Read Full Story The post Bitcoin is ‘not for me’ […]

Can Bitcoin Go Back To $1000?

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December 2017 fades in the market’s rearview mirror. High-profile detractors licking their chops. Near lows, and holding on for dear life. The market cap of the asset class moves takes it off the front page. Does the BIS report mean $1000 is in the cards? Read Full Story The post Can Bitcoin Go Back To […]

Cryptocurrency Hedge Fund Gets VC Fred Wilson’s Backing Amid Bitcoin Slump

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Union Square Ventures, the New York-based venture capital firm, is betting on yet another cryptocurrency hedge fund startup, Multicoin Capital. Fred Wilson, the cofounder of USV, confirmed Wednesday that Multicoin is the sixth cryptocurrency fund the firm … Read Full Story The post Cryptocurrency Hedge Fund Gets VC Fred Wilson’s Backing Amid Bitcoin Slump appeared […]

Hackers steal $30m from top Seoul bitcoin exchange

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Hackers stole more than $30 million worth of cryptocurrencies from South Korea’s top bitcoin exchange, sending the unit’s price falling around the world on Wednesday. The virtual currency was priced at $6,442 dollars late afternoon in Seoul, down about 4.4 … Read Full Story The post Hackers steal $30m from top Seoul bitcoin exchange appeared […]

Bitcoin price analysis: BTC/USD Bulls holding tight above $6,550; Coinbase CEO, Brian Armstrong says “I’ve come to enjoy the down cycles in crypto prices”

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“Our job is to rise above that, finding our own intrinsic source of motivation, to come in and do our best work,” writes Brian Armstrong. Bitcoin price is currently trading between the support and resistance highlighted by the moving averages. Bitcoin price broke below the bullish flag pattern I explored in yesterday’s price analysis. BTC/USD […]

The 10 most important things in the world right now

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Hello! Here’s what’s happening on Wednesday. 1. The US withdrew from the UN Human Rights Council. US Ambassador Nikki Haley called the organization “hypocritical and self serving,” and said it was biased against Israel. 2. US President Donald Trump said he backs two immigration bills being considered by Congress. The Trump administration’s “zero tolerance” policy, which has seen […]