Marc Lasry: “Bitcoin Investors Will Make 5 to 10 times their Money in 3 to 5 Years”

Marc Lasry Predicts: Bitcoin has been on a run this week. The coin made a whopping and sudden 10% gain yesterday and it is still heading skyward. Currently, it is sitting pretty at $7,457. This week’s gains are surprising to some considering Bitcoins recent moves; it seemed everything was steadily going southward. Marc Lasry Predicts Avenue Capital Group CEO, Marc Lasry, has always regretted not buying Bitcoin when it was $300. The billionaire spoke of his regret back in December and has spoken out favorably for the coin again today with…

Bitcoin Price: Bitcoin (BTC) Jumps Up Just Below $7,500

Bitcoin Price – Bitcoin (BTC) is having a phenomenal 24 hours on the market; a bull run we haven’t seen from the digital currency in months. Featured Image: CoinMarketCap Bitcoin Price Movement Last week, Bitcoin had an unimpressive week on the market, but it seems to have turned itself around as BTC has seen over a 15% increase in just seven days. This doesn’t closely compare to the percentage gains the cryptocurrency was seeing towards the end of last year, but it’s a positive step. This morning, Bitcoin gained over…

Bitcoin Price: Bitcoin (BTC) Nears $7,500

Bitcoin (BTC) is having a phenomenal 24 hours on the market; a bull run we haven’t seen from the digital currency in months. Let’s check in on the Bitcoin price. Source: CoinMarketCap Bitcoin Price Movement Last week, Bitcoin had an unimpressive week on the market, but it seems to have turned itself around as BTC has seen over a 15% increase in just seven days. This doesn’t compare to the percentage gains the cryptocurrency was seeing towards the end of last year, but it’s a positive step. This morning, Bitcoin…

Bitcoin Makes Massive 10% Gain in 24 Hours

What’s going on with Bitcoin? Yowza. Last week was an impressive week for the coin but today saw it exceed itself by packing on a massive 10% in gains. Other cryptos are experiencing astronomical growth too; EOS is also seeing a 10% hike this week. But Bitcoin, in particular, is out front in a league of its own with its massive 10% gain adding $9 billion to its market cap in under thirty minutes.  The coin currently stands at the $7,360 mark. But elsewhere coins across the board have added between…

BlackRock News Gives Bitcoin (BTC) and Cryptocurrency Market a Boost

BlackRock exploring crypto: The CEO of the world’s largest exchange-traded fund (ETF) provider, BlackRock, just announced that his company has assembled a group to look into cryptocurrencies, such as Bitcoin (BTC). BlackRock Exploring Crypto Larry Fink told Reuters that he does not see “massive investor demand” currently, but his company will continue to look into cryptocurrency regardless. Fink didn’t have much to add to his statement, but any news regarding BlackRock potentially making moves into the cryptocurrency space is good news. As of June 30th, the company has managed nearly…

Understanding the Psychology of Bitcoin Price

The cryptocurrency market trades globally 24 hours a day. Anyone who has been watching the price of Bitcoin understands the price moves very fast. Realize that people are always driving the price changes, and people are not always rational, not always emotional, but are rarely random. Since people are driving the price, the price patterns are not random and as with all markets, the psychology of the Bitcoin market matters. Does the Brain Influence Bitcoin Price? People prefer round numbers. Although Bitcoin can be traded in fractions, many new people…

Robinhood Exchange Adds Support for Litecoin and Bitcoin Cash

Robinhood Exchange: Robinhood, the Financial services mobile app which launched in February of this year, has just announced further developments on its platform. Robinhood has now added support for Litecoin (LTC) and Bitcoin Cash (BCH). Currently, the Robinhood platform reaches 5 million users and the goal of the Fintech Startup is to “further expand our coin offerings and add support for coin transfers,”. No doubt in an attempt to further its user-base. As it stands the platform trades Ethereum, Bitcoin, Litecoin and Bitcoin Cash.  Robinhood does not act as an exchange itself,…

Bitcoin “Exists Because of the Abuses” — Nobel-Winning Economist Joseph Stiglitz Speaks Out

Joseph Stiglitz: Not everyone is a fan of Bitcoin. Despite proclamations from supporters about its revolutionary technology and the “freedom” it offers its users, many are still not convinced. If you’re Bitcoin, it must not bode well for you to have a major critic in the form of Nobel-winning economist and Columbia Professor Joseph Stiglitz. Today, Stiglitz spoke with Financial News of his concern about the adoption of the unregulated financial asset which he believes elicits illegal behaviors as it has no central authority and its users can be totally anonymous. He…

Where Can You Buy Stuff with Bitcoin?

At the time Bitcoin was launched, there were many skeptics who saw BTC merely as a passing trend that would eventually disappear as fast as it appeared. But this has not happened. Now, nearly a decade later, Bitcoin is still very much with us today and has had a profound impact on the online trade industry. Who would have thought something that only exists in virtual reality would one-day out-trump gold in its value? However, it has not been without its problems – the words Mt. Gox come to mind.…

Tom Lee Bitcoin Price Target: From $25K to $20K

Last month, Bitcoin enthusiasts breathed a sigh of relief when they were informed that the Tom Lee Bitcoin price target was $25K by the end of 2018. But a month later, now in the second half of the year, Tom Lee has changed his mind. He now expects that Bitcoin will trade a little over $20,000 by year-end. Tom Lee Bitcoin Price Target: 20% Less Than Original As the Bitcoin bulls and bears continue to fight, the Fundstrat co-founder has sided with both in certain instances. He admitted that Bitcoin’s trading…