Entries by Matt Grossman

Why Bitcoin is annihilating every one of your favorite altcoins

Bitcoin continues to crush its opposition as the leading cryptocurrency now enjoys a nearly 69% share of the entire crypto market cap. This is the highest level of “Bitcoin Dominance” since April 2017 and marks an extremely frustrating period for altcoin investors. BITCOIN RISES, ALTCOINS STAGNATE Bitcoin has continued to increase its dominance over altcoins, hitting

Who Invests in Bitcoin? The Answer Might Surprise You

There are several common perceptions about investors in bitcoin and other cryptocurrencies. For example, bitcoin investors are generally thought of as younger people and as a very small subset of the population. In order to get a better idea of who is interested in and investing in bitcoin, Grayscale recently commissioned a survey. Conducted by Q8

Blow To Bitcoin As Former Banker Makes Stark Price Warning

Bitcoin and cryptocurrency bulls have been out in force over recent weeks and months, pushing the bitcoin price and the wider cryptocurrency market to year-to-date highs and somewhat recovering lost ground after a disastrous 2018. The bitcoin price has more than doubled in the first half of 2019, rising from under $4,000 to over $8,000 as the

Billionaire Mike Novogratz says to sell Litecoin and buy Bitcoin

Mike Novogratz, the founder of Galaxy Digital and a well-known Bitcoin (BTC) proponent, has made further comments indicating his bullishness for the market’s number 1 digital asset and its “digital silver” equivalent, Litecoin (LTC). Michael Novogratz ✔@novogratz Gold has an $8.5 trillion dollar market cap. Silver is $15bn That is .17%. $BTC has a $90bn

Which crypto ends September with steepest decline?

Down 23.21 percent, MIOTA, the cryptocurrency that powers the IOTA software, has officially ended September’s trading period as the biggest loser among the largest 25 crypto assets by market capitalization. Data reveals MIOTA limped across the finish line as the month came to a close, expending declines that began with highs set in late August