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Tag Archives: Mati Greenspan

Crypto Industry Reaches $2 Trillion Market Cap Following Ethereum and Altcoin Surges

The cryptocurrency arena has reached a new pinnacle. The industry has a total market cap now exceeding $2 trillion. The news comes after several of the world’s leading altcoins – including Ethereum, Litecoin, Ripple’s XRP and Binance Coin – spiked to new highs after bitcoin once again neared the $60,000 per unit range. Ethereum and Other Coins Have Jumped Heavily The cryptocurrency industry’s market cap has so far more than doubled what it was at the beginning of the...

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Analysts Are Worried That Bitcoin Will Fall Beneath the $10K Line

Bitcoin has been having a hard week. Following a meteoric rise to $12,000 that lasted what felt like five seconds, the currency dropped deep into bearish territory, slipping initially into the low $11,000 range. From there, the currency was trading for about $10,800, while today, another $500 drop has occurred, bringing BTC down to about $10,300.Bitcoin Is Slip, Sliding AwayOverall, bitcoin has lost close to $2,000 in just the past few days alone, and many analysts now say that the world’s...

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Analysts Ring in Too Early About Bitcoin

Well, analysts are probably feeling pretty darn foolish for reaching such premature conclusions about where the price of bitcoin will go in the coming days.The Bitcoin Predictions Came Too SoonEverybody was super stoked to see that bitcoin had finally broken past its recent $10K resistance. After trading in the mid-$9,000 range for the past few days, the currency rose as high as $10,100, causing everyone to break out the champagne a little too early.Why too early, you ask? Because the jump...

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Analysts Believe Bitcoin Could Hit $20,000 This Year

Bitcoin has had a rough year thus far, but now the currency is showing strong signs of recovery, and many enthusiasts and traders believe this year could wind up becoming the new “2017.”Bitcoin Could Reach Its All-Time High AgainAs we all remember, 2017 is arguably bitcoin’s best year in the record books. The currency struck new territory and hit nearly $20,000 to reach an all-time high. Prior to that, the year was marked by consistent gains and bullish behavior that saw the asset gaining...

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This Has Been Bitcoin’s Roughest Moment Since Late 2018

Bitcoin has suffered its worst month since the “burst of the crypto bubble,” according to one source.Bitcoin Has Had a Hard MonthAt press time, the world’s number one cryptocurrency by market cap has fallen to about $6,450, which is about $250 less than where it stood just last Friday. During that time, bitcoin was giving enthusiasts hope as it rose in anticipation of the new $2 trillion economic stimulus package signed into law by U.S. President Donald Trump as a means of combatting negative...

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Bitcoin Retains Its Momentum Despite Dreary Market Conditions

Bitcoin has been hammered hard over these past few days, though it has managed to remain a small bit of momentum during the last 48 hours. The world’s number one cryptocurrency by market cap has managed to retain a position at around $5,300.Bitcoin Gets a Surge Thanks to the White HouseThis is likely thanks to a new economic stimulus package that President Donald Trump is looking to infuse. The package could be worth as much as $1 trillion and involves deferred tax payments for both...

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Bitcoin Price Down Again to $5,150 Today Despite Trump’s $1 Trillion Injection

Bitcoin price recovery from last week’s catastrophic drop to $3,700 is still on as it tops $5,500 before pulling back below $5,200 partially driven by a boost from the reports that Trump Administration would support a $1 trillion coronavirus package.Nowadays we can read all about Bitcoin being “safe haven” in cases of emergencies, wars, unstable currencies, etc.However, nobody thought that an epidemic can become a “black swan” in such short notice. We had a big financial crisis back in 2008...

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Are Traders Losing Faith in Bitcoin?

The crashing and burning of bitcoin has left the currency in the dust, and many say they’re losing confidence in the asset, along with the industry that houses it.Bitcoin Has People Questioning Its AbilitiesAt the time of writing, bitcoin has steadied itself somewhat and is trading in the mid-$5,000 range. This is a massive fall from where it was just last month, when it was trading for more than $10,300. For the most part, bitcoin has lost about $3,000 in just the last week alone.The...

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We Shouldn’t Want Buffett to Invest in BTC Right Now

Yesterday, we reported that Berkshire Hathaway CEO Warren Buffett was again bashing bitcoin, and for not taking it seriously, he’s potentially missed out on some big profits.We Shouldn’t Want the Presence of Buffett in CryptoNow, one source claims that if Warren Buffett were to ever change his mind about the world’s number one cryptocurrency by market cap and become a serious investor, that might be a sign that it’s time to sell one’s stash.It’s interesting because Buffett recently sat down...

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Ripple CEO Is Criticized for Misrepresenting Bitcoin and Ethereum

The cryptocurrency community has nothing against literally thousands of ICO scammers destroying this field right away but they don’t like what Ripple CEO is doing and saying about Ethereum and Bitcoin.Mati Greenspan says that Brad Garlinghouse has some information hidden from the public during his recent hot interview on CNN. Speaking about Bitcoin and Ethereum, Ripple CEO says that Bitcoin and Ethereum miners are centralized in China. Mati, as well as a bunch of other network participants,...

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