Dave Ramsey Sides With Warren Buffett on Bitcoin — Calls BTC Currency Based on Thin Air

Dave Ramsey Sides With Warren Buffett on Bitcoin — Calls BTC Currency Based on Thin AirPersonal finance expert and best-selling author Dave Ramsey says he agrees with Berkshire Hathaway CEO Warren Buffett regarding bitcoin. Viewing the crypto as a currency whose value is based on “thin air,” Ramsey stressed: “I wouldn’t wish bitcoin investments on somebody I really dislike.” Dave Ramsey on Bitcoin: ‘It’s Still Thin Air’ Personal finance guru […]

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Report: Illegal Trades Account for Less Than 3% of Total Bitcoin Transactions

Report: Illegal Trades Account for Less Than 3% of Total Bitcoin TransactionsAccording to a new report, illegal transactions, scams and gambling together make up less than 3% of the volume on the Bitcoin blockchain while exchanges and trading desks account for around 80% of volume. Exchanges Dominate Bitcoin Volumes A new study called “Blockchain Analysis of the Bitcoin Market” has found that illegal transactions, scams, and […]

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Skybridge Bitcoin Fund Debuts With $310 Million — Investment Manager Expects Each BTC Worth $535K

Skybridge Bitcoin Fund Debuts With $310 Million — Investment Manager Expects Each BTC Worth $535KSkybridge Bitcoin Fund’s assets under management have risen to $310 million. Expecting the cryptocurrency to become a digital replacement for gold, the firm reportedly values bitcoin at $535,000. Skybridge also predicts that bitcoin’s price will reach $100,000 this year. Skybridge Invests $310 Million in Bitcoin New York-headquartered Skybridge Capital is a global investment manager that […]

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Bitcoin Price Touches $28,600, Crypto Asset’s Value Gains Over 288% in 2020

Bitcoin Price Touches $28,600, Crypto Asset's Value Gains Over 288% in 2020The price of bitcoin touched an all-time high at 3:12 a.m. (EST) during the early morning trading sessions reaching $28,600. The crypto asset’s market valuation is over $519 billion on Wednesday, as bitcoin markets command over 14 billion dollars in global trade volume. Bitcoin (BTC) markets soared again on Wednesday morning, as the price per […]

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Bitcoin’s Intrinsic Value: Crypto Community Responds to Bank of England Governor

Bitcoin's Intrinsic Value: Crypto Community Responds to Bank of England GovernorBitcoin’s intrinsic value has been heavily discussed in the crypto community this week following a remark by the governor of the Bank of England suggesting that the cryptocurrency may have no intrinsic value. Does Bitcoin Have Intrinsic Value? Bank of England Governor Andrew Bailey talked about bitcoin’s intrinsic value during a question and answer session […]

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Legendary Investor Bill Miller Now Holds Half His Hedge Fund in Bitcoin

Legendary Investor Bill Miller Holds Half His Hedge Fund in BitcoinWith the launch of bitcoin futures by two leading American options exchanges, lending the cryptocurrency more credibility among mainstream investors, Wall Street is turning to known figures to explain the phenomena. One proven financial wizard they might listen to is legendary value investor Bill Miller whose hedge fund is now holding 50% of its assets […]

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