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
About Matt Grossman
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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
Bitcoin is behaving a lot like the Nasdaq did in the dot-com bubble but 15 times faster, Morgan Stanley says. Similarities in price moves and trading volume could be signs that history is repeating itself, according to a note published by Morgan Stanley on Monday. Morgan Stanley also points out changes in bitcoin trading volume
The Securities and Exchange Commission issued a strongly worded warning on Wednesday about the risks of dealing with unregulated cryptocurrency exchanges. “The SEC staff has concerns that many online trading platforms appear to investors as SEC-registered and regulated marketplaces when they are not,” the SEC statement said. The announcement triggered a sharp selloff in cryptocurrency markets. Bitcoin’s
You heard about this bitcoin thing? We’re guessing: yes, you have. The first and most famous digital cryptocurrency has been racking up headlines due to a breathtaking rise in value — cracking the $1,000 threshold for the first time on Jan. 1, 2017, topping $19,000 in December of that year and then shedding about 50