Bitcoin has failed miserably as currency, says NYU’s ‘dean of valuation’
The serial Bitcoin critic has once again dismissed BTC’s value proposition as a form of currency. Go to Source Powered by WPeMatico
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Oracle Vinny Lingham Still Envisions $100K This Year if Bitcoin ‘Continues to Hold $30K’
The former CEO of Gyft and the cofounder of the project Civic, Vinny Lingham has been called an ‘oracle’ at times for correctly predicting the future price of bitcoin. On various occasions all the way back to 2016, Lingham has made correct bitcoin price calls over the years. Even though bitcoin’s price has been lower … Read more
Despite BTC’s Price Drop, Bitcoin Held on Exchanges Is 28% Lower Than Last Year
While the price of bitcoin is more than 40% lower than it was 90 days ago on March 29, the number of bitcoin held on exchanges has also been reduced. Last year on the same day in June, 2.79 million bitcoin was retained on crypto trading platforms and a year later roughly 28.67% of the … Read more
Data fails to conclude that Bitfinex shorts are depressing Bitcoin price
A significant surge in Bitfinex short contracts is being attributed to Bitcoin’s current downturn but there are other major factors at play. Go to Source Powered by WPeMatico
Bitcoin sheds $2.5K amid warnings of a repeat BTC price dip
BTC price action reminds traders of the initial dip in May as rejections characterize attempts to break higher. Go to Source Powered by WPeMatico
New Visa Card Allows Bakkt Users to Spend Bitcoin in Stores and Online
Customers using the Bakkt app can now apply for a debit card which will enable them to pay with bitcoin at merchants that don’t currently take crypto. The virtual Visa card can be added to Apple Pay or Google Pay to purchase items at thousands of retailers supporting the mobile payment systems. Bakkt Card Can … Read more
NYDIG and Q2 partner to enable Bitcoin trading for 18M US bank customers
Millions of people in America could soon be able to buy Bitcoin from their bank accounts following a partnership led by NYDIG and Q2. Go to Source Powered by WPeMatico
Lloyds Auctions Australia Sells a Pricey Caravan for Cryptocurrency
Australia’s Lloyds Auctions now accepts major cryptocurrencies for any of the items offered on its marketplace. Within hours of the announcement, the auction house managed to sell an expensive caravan (camper/trailer) to a bidder who was happy to pay the full price with digital coins. Australian Auction House Lloyds Auctions Accepts Crypto From Bidders Against … Read more
Hodlers see opportunity in Bitcoin price crash, CoinShares exec says
Meltem Demirors believes that the current Bitcoin price drop is a correction, and it is weeding out the paper hands. Go to Source Powered by WPeMatico
Bitcoin heading for worst quarter since start of 2018 bear market
Bitcoin appears poised to post its second-weakest quarter since the start of 2014. Go to Source Powered by WPeMatico