Tag: cryptocurrency

Bitcoin Could Reach $1 Million or More, Kraken CEO Says

Bitcoin Could Reach $1 Million or More, Kraken CEO Says

As the leader of crypto exchange Kraken, Jesse Powell is bound to be bullish on Bitcoin. Yet he’s projecting a disruptive future that would stretch the imagination of even the most ardent crypto fans. In a Bloomberg Television interview, Powell said Bitcoin could reach $1 million in the next decade, adding that supporters say it could eventually replace all of the major fiat currencies.

Can Bitcoin and Cryptocurrency Become More Than an Asset?

Can Bitcoin and Cryptocurrency Become More Than an Asset?

While Bitcoin and other cryptocurrencies have experienced slight setbacks over the last two weeks, the industry as a whole has been booming alongside other technology equities over the past year. Bitcoin continues to hover around $50,000, while other popular coins like Ethereum and Stellar have seen similar enormous growth.

America's oldest bank will start transacting bitcoin for clients as the cryptocurrency's popularity explodes, report says

America’s oldest bank will start transacting bitcoin for clients as the cryptocurrency’s popularity explodes, report says

Bank of New York Mellon plans to issue, hold, and transfer clients’ bitcoin, The Wall Street Journal reported Thursday, marking a key development in bringing cryptocurrencies into the mainstream.

Bitcoin Is Still Maturing As An Institutional Asset

Bitcoin Is Still Maturing As An Institutional Asset

Bitcoin emerged from the scars of the 2008 financial crisis as distrust in governments and central banks inspired the digital currency to thrive outside the establishment. Unlike traditional currencies backed by sovereign credit and taxing authority, Bitcoin has no equivalent support. This push for monetary independence found early adopters in those that wanted to transact anonymously. Then with time, it captured broader investor interest. Yesterday, Tesla announced that it has bought $1.5 billion of bitcoin, which it plans to accept as payment.

Here We Go Again... As Bitcoin Nears $40,000, Tesla CEO Elon Musk Has Sent The Dogecoin Price Sharply Higher

Here We Go Again… As Bitcoin Nears $40,000, Tesla CEO Elon Musk Has Sent The Dogecoin Price Sharply Higher

Bitcoin has broken out over the last few days, climbing almost 15% since the beginning of the week and nearing $40,000 per bitcoin.

Bitcoin Exchange-Traded Funds? How ETFs Can Help The Crypto Market

Bitcoin Exchange-Traded Funds? How ETFs Can Help The Crypto Market

With the new pick for the head of the Securities and Exchange Commission (SEC) – Gary Gensler – bringing a wealth of crypto knowledge to the role, the time might be right for a crypto exchange traded fund (ETF).

Cryptocurrency Stocks Higher After Tough Week for Bitcoin

Cryptocurrency Stocks Higher After Tough Week for Bitcoin

Cryptocurrency-exposed stocks began climbing again on Friday after a brutal week for the digital asset.

Five New Year’s Resolutions For Cryptocurrency

Five New Year’s Resolutions For Cryptocurrency

With a new President, Congress, and SEC Chair, the US can reset its approach and win the cryptocurrency race against China. Here are five resolutions to achieve those goals.

Here's Why Bitcoin Isn't Like Any Financial Bubbles Of The Past

Here’s Why Bitcoin Isn’t Like Any Financial Bubbles Of The Past

Bitcoin has gone through numerous cycles of incredible price increases and disastrous subsequent dumps in the last 10 years. According to Man Group, a large publicly traded hedge fund company, Bitcoin is like Prometheus from Greek mythology, because every time it got hurt, it kept coming back.

Is This Why Bitcoin, Ethereum, Litecoin And Other Cryptocurrencies Have Suddenly Shot Higher?

Is This Why Bitcoin, Ethereum, Litecoin And Other Cryptocurrencies Have Suddenly Shot Higher?

Bitcoin has continued its huge December rally over the last few days, climbing to a total value of around half a trillion dollars ($500 billion).