Musk talks down cryptocurrencies a week after boosting price of Bitcoin

Billionaire CEO Elon Musk has stated the amount of bitcoin along with ethereum looks high, in a time once the cryptocurrencies have hit record highs, together with bitcoin crossing the 1tn market-capitalisation threshold. The first executive of Tesla, whose current tweets have fuelled the digital-currency rally, also made the comment on Twitter about Saturday while […]

Millions of Aussies investing in cryptocurrency

Cryptocurrency is risky industry, according to authorities, but that is not stopping you in four Aussies investing at the electronic currency. That is around five thousand Aussies having a monetary interest in cryptocurrency, based on study from comparison site Finder. It found 13 percent of Australians currently exchange Bitcoin, while 6 percent hold Ethereum assets, […]

Minerd Says Institutional Demand Can’t Justify Bitcoin’s Price

Guggenheim’s Scott Minerd claims institutional investors aren’t sufficient to maintain Bitcoin costs over $30,000. ‘Today, the Truth of this systemic demand which could encourage a $35,000 cost or a $30,000 cost is Simply Not there,’ Minerd, the company’s chief investment officer, said in an interview with Bloomberg Televisionsaid’ I really don’t believe the investor base […]

Why Bitcoin Isn’t Going Anywhere

Bitcoin was established in 2009, and ever since that time, the crypto currency has just grown in the ideal direction. With fresh crypto currencies emerging, a lot of men and women are wondering if Bitcoin still comes with a bright future from the market they’re awaiting. Obviously, it’s just natural to wonder about such things. […]