$25,000 Bitcoin, $1,000 Ethereum: ‘The Business Blockchain’ Author Predicts Year-End Prices of Top Cryptos

On Wednesday, the author of the book “The Business Blockchain: Promise, Practice, and Application of the Next Internet Technology,” William Mougayar, took to Twitter to share his fearless forecast on the possible year-end prices of top cryptos. The crypto tokens that made Mr. Mougayar’s list include bitcoin, Ethereum, Ethereum Classic, and Binance Coin among others. […] The post $25,000 Bitcoin, $1,000 Ethereum: ‘The Business Blockchain’ Author Predicts Year-End Prices of Top Cryptos appeared first on CCN.com

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3 Simple Reasons NOT to Buy the Bitcoin Dip

Bitcoin’s recent drop below $10,000 split an already fractured cryptocurrency community into two distinct camps. On one side are the optimists who believe Bitcoin’s drop to $9,400 is merely a blip on the way to the moon – and an excellent opportunity to buy more coins. On the other side are those who believe the […] The post 3 Simple Reasons NOT to Buy the Bitcoin Dip appeared first on CCN Markets

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Brian Kelly Is Short-Term Bearish but Sees 'Generational Opp' in Bitcoin

By CCN Markets: The bitcoin price might have broken back above the $10,000 level today, but one notable trader isn’t impressed. Speaking on CNBC, crypto investor Brian Kelly, who is usually the biggest bitcoin bull in the room, made it clear that he has turned bearish on BTC/USD despite its recent bounce. Longer-term, however, Kelly […] The post Brian Kelly Is Short-Term Bearish but Sees 'Generational Opp' in Bitcoin appeared first on CCN Markets

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The Bitcoin Skeptic: Bitcoin Will Never Be a Store of Value. Here's Why

As the resident bitcoin skeptic at CCN.com, it’s my job to make logical and reasoned arguments against holding bitcoin. Today I argue that bitcoin is not a store of value as some claim, and never will be. It’s not even a hedge. “Store of Value” Does Not Mean What You Think It Means The concept […] The post The Bitcoin Skeptic: Bitcoin Will Never Be a Store of Value. Here's Why appeared first on CCN Markets

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Bitcoin Price Explodes Past $12,000, 'Clear Skies' to 2019 High

The bitcoin price pierced $12,000 on Tuesday as traders seek refuge from global instability on traditional markets. As global stock markets reel from the escalating trade war between the US and China, Bitcoin has climbed more than 20% in five days, briefly hitting $12,265 on Coinbase. The move upwards was accompanied by the strongest volume […] The post Bitcoin Price Explodes Past $12,000, 'Clear Skies' to 2019 High appeared first on CCN Markets

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The Bitcoin Price Surged Because Mnuchin Made This Crucial Remark

The bitcoin price surged to an intraday high on Monday after US Treasury Secretary Steven Mnuchin made a crucial comment during his surprise press conference on cryptocurrency regulation. Bitcoin Price Shoots to Daily High During Mnuchin Press Conference The flagship cryptocurrency, which traded down after Mnuchin referred to it as a “national security issue,” suddenly […] The post The Bitcoin Price Surged Because Mnuchin Made This Crucial Remark appeared first on CCN Markets

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Bitcoin’s 20% Slump From 2019-High Won’t Kill Strong Bullish Fundamentals

Since June 26, within the past three weeks, the bitcoin price has declined from $13,868 to around $11,200 by 20 percent against the U.S. dollar. After recording a 250 percent increase in value year-to-date at its yearly peak, a pullback for bitcoin was generally anticipated by traders. Following its 20 percent decline, fundamentals for the […] The post Bitcoin’s 20% Slump From 2019-High Won’t Kill Strong Bullish Fundamentals appeared first on CCN Markets

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This One Chart Exposes Bitcoin's Nakedly Bullish Potential

Cryptocurrency investors have long harped on the myriad similarities between bitcoin and gold. At a basic level, the two assets are considered as vehicles for the storage of value. Additionally, both are interchangeable and divisible. Most importantly, bitcoin and gold have limited supply; a property that makes both assets attractive to investors and speculators. Recently, […] The post This One Chart Exposes Bitcoin's Nakedly Bullish Potential appeared first on CCN Markets

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