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Venture Investor: Use of Bitcoin as Hedge Against Uncertainty Will Send it to 7 Figures

Entrepreneur, investor, and author James Altucher is one of a growing number of individuals who believe Bitcoin will astound the planet with its price in the relative short-term. Appearing on Kitco News earlier, he stated that a $1 million dollar…
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Bitcoin Investors Prefer To Speculate, Would it Hurt Merchant Adoption?

While major retailers have become increasingly receptive towards Bitcoin as a payment method, research from Chainalysis Inc shows that just over 1% of transactions relate to merchants, whereas speculation makes up the dominant use for Bitcoin.…
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Crypto Avalanche Continues as Bitcoin Correction Concerns Mount

Crypto markets correcting hard; BSV, BCH, bleeding, double digit losses for ADA, Tron, IOTA and Tezos. Market Wrap Following another 2019 high, Bitcoin and crypto markets are dumping this Friday as the red hot momentum could not be sustained.…
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Malaysian Prime Minister Proposes Gold-Backed Currency, But Why Not Bitcoin?

The Prime Minister of Malaysia has called for the formation of a new currency backed by gold. Dr Mahathir Mohamad believes that a single sound currency in East Asian would help protect economies from manipulation caused by Forex traders. Mohamad…
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Bitcoin May be up 14.9% But Tom Lee Expects “Real FOMO” after $10,000

BTC is steady above $8,500, add 14.9 percent Prices in an uptrend but real FOMO is after $10,000 says Tom Lee Tom Lee is an ardent Bitcoin supporter. Contrary to the mainstream view, he believes real FOMO for BTC will begin after prices rally…
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Has Altseason Begun as Bitcoin Dominance Begins to Dwindle?

What goes up must come down, or so the saying goes. Bitcoin’s epic ride over the past two months has seen it over double in price. Most of those gains have been at the expense of the altcoins, many of which have been lack luster lately. That…
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Bitcoin Daily CBOE Futures Chart Has “Gaps Galore,” When Will They Fill?

Throughout the highly-publicized Bitcoin rally of spring 2019, there’s been much talk about “gaps” in Bitcoin price charts being filled, or being left unfilled – which often manifests as a target in the future price action. A powerful…
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Bitcoin Bulls are Steadfast, $20,000 Is a Conservative BTC Target

Bitcoin capped at $9,000 Andy Cheung is bullish, expects BTC to spike to $20,000 According to Andy Cheung of OkEx, Bitcoin’s fair value is $20,000. In the meantime, prices are correcting and oscillating inside May 26th trade range with caps…
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Bitcoin Bull Flag Flying But 30 Percent Pullback Still Expected

Since its third major surge of the now two month old Bitcoin rally, the king of crypto has held on to all of its gains. Support and resistance zones have shifted to new higher levels and the chart, when zoomed out, looks unnaturally parabolic,…
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Bitcoin Price Targets at Bottom Show That Crypto Markets Are Unpredictable

As Bitcoin price inches closer to $10,000, the market is still showing signs of disbelief due to the speed and power at which Bitcoin rose out of the depths of the bear market. No one expected the crypto asset to spike so strongly following…