Entries by Matt Grossman

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

Why did Bitcoin PLUNGE more than 10% today??

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

What is bitcoin? Here’s everything you NEED to know

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