Billionaire investor Jeff Gundlach – who has since garnered a reputation for being a “bond king” – has laid out his thoughts regarding bitcoin and today’s financial markets. While he denies being a legitimate “bitcoin hater,” it’s clear from his recent words that he doesn’t believe in it, and he’s convinced that the cryptocurrency is nothing like what it’s fans claim it to be.Jeff Gundlach Doesn’t Believe in BTCIn a recent interview, he commented:I don’t believe in bitcoin. I think it’s a...
Read More »Bitcoin Surges Following News of Further Stimulus Chat
At the time of writing, the price of bitcoin has shot up by more than $300. It’s often been reported that September is a naturally bearish month for bitcoin and several other assets, but that it will usually fail to have any lasting effect on the price of the currency. It will not carry anything into the fourth quarter, and thus far, things are playing out as normal.Bitcoin Is Up Even More TodayThere is more good news in that it looks like bitcoin is becoming far more mature and much more...
Read More »Bitcoin, Once Again, Fires Past $11,000
Bitcoin has once again shot past the $11,000 mark. This is the first time the world’s number one cryptocurrency by market cap has hit this number since September 19. While it’s easy to get excited at first, many crypto enthusiasts are likely wondering, “Will this figure last?”Will Bitcoin Retain This Momentum?The world’s primary form of cryptocurrency has experienced a rough 40 days. From the end of August through early October, bitcoin has suffered under the crippling bearishness of...
Read More »The Department of Justice Is Going After Crypto Criminals
The Department of Justice (DOJ) has unveiled its new 80+ page plan to combat illegal cryptocurrency activities such as terrorist funding, money laundering and outright theft.Department of Justice: We Will Stop Crypto Crime Once and For AllThe crypto scene has come a long way in the last ten years. Unfortunately, it is still marred, to a certain degree, by a lack of regulation. Many times, criminal activity either goes unnoticed or slips through the cracks of even some of the largest trading...
Read More »Bill Barhydt: The Bitcoin Price Is About to Explode
Over the past month, bitcoin has entered something of a bearish state, and has been struggling heavily. The currency initially reached the $12,000 line in August and had most traders excited for the future. Sadly, it looks like the currency has hit something of a snag ever since, and ultimately lost more than $2,000 from that price. While the currency has recovered somewhat and is now trading for about $10,700, this figure isn’t quite what traders had in mind, and we all know bitcoin could be...
Read More »Goldman Sachs Could Be Edging Closer to BTC
Goldman Sachs has hinted that it’s looking to boost its bitcoin holdings and potentially move forward when it comes to understanding, learning about and holding BTC in the future.Goldman Sachs Has Had a Mixed Relationship with BTCRegarding cryptocurrencies, Goldman Sachs has been a very hit-and-miss company, often going back and forth between appreciating it and loathing it. Things took a particularly nasty and mixed turn last May when the company announced that it was going to offer a...
Read More »Square Just Bought a Whole Lot of Bitcoin
Square – which is owned and run by Jack Dorsey of Twitter fame – has announced it just purchased as much as $50 million in bitcoin. The company says that bitcoin represents what it’s all about, and that it’s looking to assure bitcoin always has a place on the world’s financial ladder.Square Just Added BTC To Its PortfolioThus far, the amount of bitcoin that was purchases represents roughly one percent of the total assets owned by Square as of the end of the second quarter this year. The...
Read More »#988 Square kauft 5000 BTC, KuCoin rettet 204 Mio aus Hack & BitMex Management Rücktritt
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 988. Im heutigen Video geht’s um folgende Themen: Jack Dorsey’s Firma Square kauft knapp 5000 BTC, KuCoin rettet 204 Mio aus Hack & BitMex Management tritt geschlossen zurück. 1.) Bitcoin und das 50 Mio. Investment: Jack Dorsey’s Firma Square kauft BTChttps://cryptomonday.de/bitcoin-und-das-50-mio-investment-jack-dorseys-firma-square-kauft-btc/ 2.) KuCoin rettet 204 Millionen US-Dollar aus...
Read More »One Painter Is Showing How Bitcoin and Art Can Go Together
Whoever said art and bitcoin don’t go together? One artist is looking to prove that they’re the perfect couple and has taken on a rather ambitious project. Bitcoin consists of roughly 12.3 million nodes, and this artist – known as Robert Alice – has taken the time to hand paint each one of them across a series of 40 separate paintings.Bitcoin Has Led to a Whole New CultureThis was clearly a project that took a long time. Three years to be exact, and one must wonder why an artist would spend...
Read More »BitMEX Is Losing Customers Left and Right Following Legal Troubles
It looks like trouble surrounding the once popular cryptocurrency exchange BitMEX has reached an entirely new level.The Trouble Surrounding BitMEX Has Gotten LargerThe world was shocked last week when it was announced that the founders and executives behind the Seychelles-based cryptocurrency trading platform were being indicted following charges of money laundering and other financial fraud. As it turns out, this really rung a negative bell with customers (surprise, surprise) and many have...
Read More »