Bitcoin could become irrelevant if any of the ideas put forth by MIT students become a reality. First though, let’s go back to 2008 when the US went through the worst recession in history; it was even considered to be greater than the “great depression”. The cause of it ultimately came down to the banks issuing money/mortgages to…
The cryptocurrency sector is a fundamental part of our world. Some people love it, others hate it, but that doesn’t stop the crypto wheels from turning. Now, it seems like every week someone new joins the conversation and expresses their own opinion on the crypto space. The latest to do so is Tim Draper, a…
Analysts are optimistic about the future of Bitcoin price: Bitcoin price (BTC) traded in the green during the weekend, and the largest coin added $1400 to its price last week. The latest bull-run continues to receive support from bullish sentiments; bulls believe BTC price has hit the bottom early in the previous week and it…
Bitcoin has revolutionized the world of finance. Its price is perhaps the most consulted aspect of the coin and at the same time (ironically) the least “revolutionary.” Over-volatility of price and unstoppable news of frauds and substantial investments have sparked a lot of debate and predictions; something that has become a popular conversational topic among…
Can you imagine traveling to a different country solely with the purpose of buying something? That’s what a man from Malaysia just did – and it went horribly wrong. It might have been better if the man was going to Singapore for a shopping spree, but he wasn’t. The man went to Singapore with the…
Notorious American venture capital investors and long-time cryptocurrency bull, Tim Draper, has just set an astronomical prediction for Bitcoin (BTC) by the year 2020. Yesterday, at a blockchain party held at his self-named Draper University in San Mateo, California, he predicted that the world’s largest cryptocurrency would reach $250,000 a coin. The video can be…
Notorious American venture capital investors and long-time cryptocurrency bull, Tim Draper, has just set an astronomical prediction for Bitcoin (BTC) by the year 2022. Yesterday, at a blockchain party held at his self-named Draper University in San Mateo, California, he predicted that the world’s largest cryptocurrency would reach $250,000 a coin. The video can be…
Early this morning, Bitcoin (BTC) jumped by $1,000 in just one hour and the crypto bulls are coming in hot now. One crypto bull, in particular, Wall Street analyst Thomas Lee, believes that Bitcoin could rise to as high as $25,000, reports CNBC. Lee told Futures Now that “We still feel pretty confident that bitcoin…
Bitcoin price bounced back this morning in a rather grand fashion, shooting up $1,000 in an hour. As per CoinMarketCap, the Bitcoin-U.S. dollar (BTC/USD) exchange rate skyrocketed to an April high of $7,796.25 at 04:44:35 UTC. At press time, the cryptocurrency is changing hands at $7,614 and is up 9.76% percent in 24 hours time. BTC’s price is down -18.7% for the month and…
The Bitcoin Bubble is popping… this time for real… because Bank of America says so. For the 278th Time. Bitcoin is not only the king of cryptos but also the king of bubbles. According to Bloomberg, a study by Bank of America Merrill Lynch on the behavior and evolution of Bitcoin’s prices places it as…
