Are VanEck ‘ETF’ and Bakkt Catalysts to Take Bitcoin to 2019 High Again?

VanEck and SolidX are reportedly selling a “limited version” of a bitcoin ETF after every BTC ETF proposal has been rejected by the SEC. | Source: Shutterstock Primarily targeting institutional investors, VanEck and SolidX are reportedly selling a “limited version” of a bitcoin exchange-traded fund (ETF) after every bitcoin ETF proposal has been rejected by …

The Bitcoin Price Just Did Something It’s NEVER Done Before

The bitcoin price just did something it has NEVER done before, and it’s great news for bulls who view crypto as a stock market hedge. | Source: Shutterstock By CCN Markets: Bitcoin has been hawked as a safe haven asset for quite some time now, with bulls crediting the rising price of the cryptocurrency in …

Why Bitcoin Rules in the ‘Insane’ World of Negative Interest Rates

Central banks around the world are on a negative rate binge to further a compelling case for bitcoin.. | Source: Shutterstock By CCN Markets: In Denmark, some depositors are now paying the bank to look after their money. In Germany, the 30-year bond yield just went negative. A total $17 trillion of global bonds are …

Bitcoin-Bashing Shark Tank Star Kevin O’Leary Has a Secret Crypto Past

Kevin O’Leary slammed bitcoin on CNBC this year, but a new video from 2013 shows him evangelising about the cryptocurrency. Source: Reuters Earlier this year, Kevin O’Leary said that Bitcoin is “useless,” just the latest in a series of attacks launched at the suddenly-resurgent cryptocurrency. At one point, the “Shark Tank”  investor said that Bitcoin …

Bitcoin Could Shed 20% & Drop to $7,400 Because Bulls Look Exhausted

Bitcoin’s impressive parabolic run may have come to its conclusion. On July 11, we warned investors that the No. 1 cryptocurrency would falter to $9,000 as it flailed overheated signals. At the time, bitcoin was bouncing and market participants were expecting a new 2019 high as the market threatened to breach resistance of $12,000. However, …

Crypto Trader Screams Bullish Green Bitcoin Price in July

Bitcoin is having a mixed July so far. The price of the flagship cryptocurrency has hit a slump of late after beginning the month on a solid footing thanks to President Trump’s latest tirade and the aspersions being cast on Facebook’s Libra cryptocurrency. But despite the recent dip in bitcoin prices, one trader still believes …

Bitcoin Is the ‘Single Best’ Financial Hedge: Warren Buffett ‘Disciple’

Venture capitalist Chamath Palihapitiya, a self-proclaimed “disciple” of billionaire Warren Buffett, says bitcoin is the best financial hedge against an uncertain world economy. And unlike his anti-crypto mentor Buffett, Palihapitiya thinks you should buy some bitcoin to protect yourself. “It’s the single best hedge against the traditional financial infrastructure,” Palihapitiya told CNBC. “Whether you support …

Bitcoin is Absolutely Clobbering Your Favorite Altcoin This Season

Many crypto enthusiasts love to hype the ever elusive altcoin season (“altseason“), which has long been hailed as one of the most profitable bitcoin market cycles for active cryptocurrency traders. When the season is in full swing, larger altcoins like Ethereum, Ripple, and even small-cap assets like Pundi X exponentially rise in value against bitcoin. …

Bitcoin Price Recovers 20% to Break $11,000; Pullback Done, Huge Rally Next?

Within a week, from June 26 to July 2, the bitcoin price fell from $13,868 to $9,651, recording a 30 percent pullback against the U.S. dollar. Technical analysts have expressed optimism towards the swift recovery of bitcoin from a large pullback as the dominant crypto asset has shown a change in trend within a short …