USV’s Fred Wilson Dismisses Bitcoin Crash Prediction, Explains Optimal Crypto Holdings for Investors
Prominent venture capitalist and Union Square Ventures co-founder Fred Wilson, who previously stated banks are oblivious to bitcoin’s best feature, recently published a blog post in which he explains how much each type of investor should pu
October 20, 2017
Ethereum, Bitcoin Prices Stabilize After Day of Sideways Trading
Traders restored a bit of stability to the crypto markets on Friday following a day of sideways trading. The bitcoin price and ethereum price each declined a bit less than 1% for the day, and most major altcoins experienced similar minor de
October 20, 2017
Bitcoin Price Hits $6,054, Factors Behind New-All Time High
Within the past 24 hours, the price of Bitcoin has surged from $5,600 to $6,054, by over $400 in a single day. Cryptocoinsnews previously reported that the major correction which the cryptocurrency market had endured on October 18 would pla
October 20, 2017
Put 10% Savings in Bitcoin, Mark Cuban Tells Vanity Fair ‘Adventurers’
Investor and entrepreneur Mark Cuban has upped his cryptocurrency advocacy, telling Vanity Fair readers to put 10 percent of their money into it. In a video guide on “getting rich,” Cuban produced nine tips on maximizing potential wealth lo
October 20, 2017
Hong Kong Bitcoin Exchange OKEx to Open SegWit2x Futures Market
Bitcoin exchange OKEx has announced it will join Bitfinex in opening a futures market to enable traders to speculate on the outcome of the SegWit2x hard fork scheduled for November. Notably, the exchange states that it will list the origina
October 17, 2017
Malaysian Securities Regulator Cautions over ICO Investments
Malaysia’s statutory securities regulator has issued a public statement warning investor of the risks involved in ICO (initial coin offering) fundraising. In a public release , Securities Commission Malaysia (SC) has moved to ‘caution’ inve
September 11, 2017
Fully Invested, Always Long? Big Money Might Be Changing the Crypto Market
As institutional investors pile into the cryptocurrency space, they may be altering the underlying dynamics of the market itself. By virtue of buying in, institutional investors are pushing prices up, and that's likely to continue as these
September 11, 2017
Bitcoin Skeptic Mark Cuban Invests in New Digital Currency Hedge Fund
Billionaire investor Mark Cuban is investing in cryptocurrency hedge fund 1confirmation, which aims to raise $20 mln to be used in funding Blockchaintechnology-based companies. Cuban had previously announced that the digital currency Bitcoi
August 24, 2017
Analyst: Bitcoin Cash Sell-Off Will Lead Investors to Litecoin
Tuur Demeester, prominent bitcoin analyst and investor, recently stated that the next Bitcoin Cash (BCH) sell-off will likely lead to an increase in demand toward Litecoin. He emphasized that over the past two years, Litecoin (LTC) has evol
August 22, 2017
Bitcoin as a Commodity is Great for Traders, Not so Great for Investors
Bloomberg reports that historically, commodities have not performed well as an asset class. Equities have drastically outpaced commodities in terms of long-term investment gains. However, commodities are exceptionally good for traders due t
August 16, 2017
Satoshi Cycle: Interest in Bitcoin Raises Price, Which Raises Interest
As Bitcoin price rises, it comes out of the shadows with more people googling the digital currency, and from that rise in interest the price seems to rise again, and so on and so on in what has been coined the “Satoshi cycle.” Chris Burnisk
August 16, 2017
Money Management Firm Calls Bitcoin a ‘Fad’, then Files for Bitcoin ETF
Money management firm VanEck has filed for a bitcoin ETF despite claiming that the digital currency was a ‘fad.’ Regardless of the recent user activated hard fork (UAHF), which saw the creation of bitcoin cash, bitcoin’s value has soared. O
August 15, 2017