Anthony Scaramucci – the man behind Skybridge Capital and a former employee in the Trump administration – said in a recent interview that despite the recent crash, he’s confident bitcoin is in a good place. Anthony Scaramucci on the State of BTC He says bitcoin is going to experience a “demand shock” in the coming months, meaning everyone is going to want in again and the price of the asset could spike like nobody’s business. He’s confident the currency is going to make...
Read More »Alex Adelman on the Present State of Crypto
Alex Adelman – the founder and CEO of bitcoin platform Lolli – sat down to discuss the state of the bitcoin industry. He talked about recent rallies and how people can earn bitcoin while shopping. Alex Adelman Discusses Crypto When talking about how his own company has fared throughout the recent crash, Adelman said: People right now are looking to save money wherever they can. We’ve created the easiest way for them to save money in the form of bitcoin. So, we’ve...
Read More »Charles Schwab Unveils New Crypto ETF
The battle for a crypto-based exchange-traded fund (ETF) is still occurring, and now it looks like Charles Schwab – one of the world’s largest financial institutions – is getting involved and earning a few winning marks in the process. Charles Schwab Is Getting Involved in Crypto Not long ago, Charles Schwab Asset Management announced plans for what it’s calling the Schwab Crypto Thematic ETF (STCE). The product will allow investors and clients of the institution to gain...
Read More »Mark Cuban Sued for Promoting Voyager Digital
As the crypto space continues to crash and burn, many lawsuits from unhappy investors that have likely lost thousands or even millions of dollars in the past few months are beginning to pile up. One of the most recent lawsuits to come to light is against Mark Cuban, a billionaire investor and crypto bull, and the basketball team he owns, the Dallas Mavericks. Mark Cuban May Be Headed for Court The team and Cuban are being sued for their promotion of Voyager Digital, a...
Read More »BlackRock to Provide Crypto Spot Trading to Institutions
It was announced not too long ago that investment giant BlackRock had partnered with leading digital currency exchange Coinbase to give its clients the opportunity to invest in crypto assets. Now, it looks like the company is taking its digital currency agenda one step further. BlackRock Will Offer BTC Spot Trading to Institutional Clients BlackRock has announced the launch of a new private trust for institutions so they can garner spot BTC exposure. This is a big deal...
Read More »Marcus Sotiriou: BTC Could Soon Experience a Small Bull Run
Is bitcoin due for another bull run in the coming weeks? The world’s number one digital currency could add a few thousand dollars to its price soon according to crypto analyst Marcus Sotiriou, who stated in a recent interview that the asset could find itself trading for about $26,000. Marcus Sotiriou Believes BTC May Experience a Slight Comeback While this number is nothing to get too excited over, it will likely be a nice breath of fresh air for many clients and traders...
Read More »Ben Armstrong Has Guilt Over Past Crypto Promotions
Ben Armstrong is just one of a few social media influencers that regret talking about and promoting cryptocurrency projects. Ben Armstrong Feels Bad About Past Endorsements Armstrong has been engaged in the practice for years. He is one of the most-watched crypto influencers on YouTube. At the time of writing, he has garnered more than 1.5 million subscribers, and for a long time, he accepted payments from crypto companies and projects who were willing to dole out cold,...
Read More »Mike Novogratz Refuses to Give Up on BTC
Despite falling prices and the overall dying positions of the crypto space, bitcoin bull and gazillionaire hedge fund manager Mike Novogratz recently commented that bitcoin is still a solid asset that’s worth holding. Mike Novogratz Remains Loyal to BTC The crypto space has been suffering heavily over the past few months. The world’s number one digital currency by market cap, for example, reached a new all-time high of more than $68,000 per unit ten months ago in...
Read More »Phong Le: I Supported Michael Saylor’s BTC Decisions
Phong Le – the new CEO of software giant MicroStrategy – explained in a recent interview that he was supportive of his predecessor Michael Saylor’s decision to buy bitcoin and add it to the company’s balance sheet. Phong Le on His Relationship with Saylor In recent headlines, Saylor announced he was stepping down from his position as CEO of the company he’s been running since 1989. Le will now take over as the new face of MicroStrategy while Saylor – who will not step...
Read More »Bitcoin Price Analysis: BTC Takes A Major Hit
Bitcoin price started a fresh decline below the $20,000 zone against the US Dollar. The price is now trading below $20,000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $19,550 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair remains at a risk of more losses below the $18,500 level in the near term. Bitcoin price is struggling below $20,000 against the US Dollar. BTC might extend...
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