Mark Cuban’s Bizarre Bitcoin Rant Includes Baseball Cards and Bananas

Tech billionaire and Shark Tank personality Mark Cuban launched a savage takedown of bitcoin in a Wired video this weekend. He reeled off a list of well-trodden criticisms of the cryptocurrency, comparing it to baseball cards and slamming its ‘lack of intrinsic value.’ In a truly bizarre statement, he said he’d rather own bananas than […] The post Mark Cuban’s Bizarre Bitcoin Rant Includes Baseball Cards and Bananas appeared first on CCN.com

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Why Analyst Says Bitcoin Price Likely to Recover to $9,000 After 23% Pullback

The bitcoin price (BTC) fell by more than 23 percent against the U.S. dollar in the past week, triggering a fierce correction in the cryptocurrency market. Since falling to $7,700, the bitcoin price has recovered to $8,200, critically avoiding a steep drop to the low $7,000 region to test low-level supports in the short term. […] The post Why Analyst Says Bitcoin Price Likely to Recover to $9,000 After 23% Pullback appeared first on CCN.com

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Bitcoin ‘Fear Gauge’ Screams Red as BTC Flatlines Below $8,500

The bitcoin price collapsed in the last 24 hours, shedding $1,500 in a dramatic selloff. The plunge hit altcoins even harder, wiping a total $38 billion off the cryptocurrency market capitalization. As panic spreads across the market, a little-known trading indicator called the ‘fear and greed index’ flashed red. At a reading of 15, it […] The post Bitcoin ‘Fear Gauge’ Screams Red as BTC Flatlines Below $8,500 appeared first on CCN.com

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$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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Bitcoin Price Primed for 100% Surge in 2020: Josh Rager

Crypto trader Josh Rager is a noted bitcoin bull known for his ambitious price targets. He is now predicting that the price of the flagship cryptocurrency could surge 100% in 2020 if a historical pattern repeats itself once more. Bitcoin price could set a new record above $20,000 Rager cites a pattern that was last […] The post Bitcoin Price Primed for 100% Surge in 2020: Josh Rager appeared first on CCN Markets

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This Stock's 'Infinity Short Squeeze' Could Put Bitcoin's Surge to Shame

If you thought the short squeeze of Beyond Meat stock – which sent BYND over $200 per share – was insane, you haven’t seen anything yet. Here comes an “infinity short squeeze” on Revlon stock. Revlon’s Entire Float is Sold Short Ronald Perelman has amassed an 87% ownership stake in Revlon, and his daughter is […] The post This Stock's 'Infinity Short Squeeze' Could Put Bitcoin's Surge to Shame appeared first on CCN Markets

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Craig Wright to Challenge Court Ruling in $10 Billion Bitcoin Lawsuit

Self-proclaimed bitcoin inventor Craig Wright plans to challenge the recent ruling against him in the $10 billion lawsuit filed by the estate of Dave Kleiman. In court papers filed Aug. 30, Wright asked district judge Beth Bloom for a 14-day deadline extension to challenge magistrate judge Bruce Reinhart’s prior ruling. Craig Wright granted deadline extension […] The post Craig Wright to Challenge Court Ruling in $10 Billion Bitcoin Lawsuit appeared first on CCN Markets

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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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