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Powerhouse Fidelity Gears Up to Launch BTC Trading
Financial services giant Fidelity Investments is expected to launch Bitcoin trading services for institutional investors in the next few weeks. U
2020-12-16 13:47:22 / Finance
Bloomberg Interviews Microsoft’s Bill Gates about Bitcoin
“Well Bitcoin is exciting because it shows how cheap it can be to transfer money. Bitcoin is better than currency , why? You d
2020-12-16 13:47:22 / Technology
Bakkt Sets July Test Date for Bitcoin Furtures
This is different from asking the CFTC to explicitly approve a product, which Bakkt was previously said to bedoing.CME and Cboe&
2020-12-16 13:47:22 / Technology
#DropGold TV commercial. We think its a #MustWatch
Wait, so you say BTC has more utility than Gold? I didn’t know you could use Bitcoin at: Whole Foods, Starbucks, Jamba Juice, Lowe’s, Nor
2020-12-16 13:47:22 / Finance
Industry Braces for New Dawn As Facebook Officially Announces Its Cryptocurrency Libra
According to the Libra project, “Moving money around the world should be as easy and cheap as sending a text message. No matter where you liv
2020-12-16 13:47:22 / Technology
VanEck, SolidX to Offer Limited Bitcoin ETF
VanEck Securities and SolidX Management want to start selling shares in a limited version of a Bitcoin ETF, using a rule that exempts the shares from
2020-12-16 13:47:22 / Finance
Bakkt- First physical BTC futures on the way
The launch of Bakkt Warehouse comes as the company prepares to roll out its platform for Bitcoin daily and monthly futures in the United States on Sep
2020-12-16 13:47:22 / Finance
$250K Bitcoin Price Prediction Is Now Conservative, Says Tim Draper
Bitcoin’s great potential I remain impressed by the possibilities for bitcoin and blockchain. Bitcoin is a currency that is accepted everywhe
2020-12-16 13:47:22 / Finance
Paul Tudor Jones Buys Bitcoin as a Hedge Against Inflation
Macro investor Paul Tudor Jones is buying Bitcoin as a hedge against the inflation he sees coming from central bank money-printing, telling clients it
2020-12-16 13:47:22 / Finance
Max Keiser explains Buffet is “getting out of USD”
Popular crypto proponent, Max Keiser, has made another prediction this time saying that Bitcoin, Gold, Silver all would make an all-time high price in /
2020-12-16 13:47:22 / Finance
Software firm MicroStrategy makes a massive bet on Bitcoin with a $250 million purchase by Jeff John Roberts
MicroStrategy, a Virginia-based business intelligence software company that trades on the NASDAQ, announced on Tuesday it has acquired 21,454 Bitcoin
2020-12-16 13:47:22 / Finance
Square Puts 1% of Total Assets in Bitcoin in Surprise $50M Investment
Square, the payments company helmed by Twitter CEO Jack Dorsey, announced Thursday it has purchased 4,709 bitcoins, a $50 million investment repr
2020-12-16 13:47:22 / Finance
Bitcoin soars to $12.9K as PayPal proves crypto is ready for everyone By WILLIAM SUBERG
Further gains in Wednesday trading come as mixed reactions flow in over PayPal’s decision to support four cryptocurrencies in 2021.Bitcoin
2020-12-16 13:47:22 / Finance
IMF, World Bank, G20 Countries to Create Central Bank Digital Currency Rules
International financial authorities and 20 of the world’s largest economies are establishing official standards for regulating and issuing sover
2020-12-16 13:47:22 / Finance
Why This CEO Made a Bold $425 Million Bet on Bitcoin
Michael Saylor, chief executive officer of business intelligence firm, MicroStrategy (MSTR) says he considered gold, before investing $425 milli
2020-12-16 13:47:22 / Finance
Why This CEO Made a Bold $425 Million Bet on Bitcoin
Michael Saylor, chief executive officer of business intelligence firm, MicroStrategy (MSTR) says he considered gold, before investing $425 milli
2020-12-16 13:47:22 / Finance
Bitcoin Faces A $600 Billion Catalyst, JPMorgan Strategists Say
The Bitcoin price has seen a stunning rally throughout 2020, rising from $3,600 in March to over $19,000 in December. In the longer term, JPMorga
2020-12-16 13:47:22 / Finance
MicroStrategy adds more Bitcoin to their portfolio
Business intelligence firm MicroStrategy has purchased another $1.026 billion worth of Bitcoin on Wednesday. This marks the fourth time the firm would purchase Bitcoin, bringing its total holding to 90,531 BTC worth $4.78 billion at the time of writing.
2020-12-16 13:47:22 / Finance
What do the Experts Say
about Bitcoin ?
Al Gore
“When bitcoin currency is converted from currency into cash, that interface has to remain under some regulatory safeguards. I think the fact that within the bitcoin universe an algorithm replaces the function of the goverment …[that] is actually pretty cool.”
Bill Gates
Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient.”
Richard Branson
“Well, I think it is working. There may be other currencies like it that may be even better. But in the meantime, there’s a big industry around Bitcoin. People have made fortunes off Bitcoin, some have lost money. It is volatile, but people make money off of volatility too.” [Source: Bitcoin.com]
“Virgin Galactic is a bold entrepreneurial technology. It’s driving a revolution. And bitcoin is doing just the same when it comes to inventing a new currency.” [Source: CNBC]
Eric Schmidt
“[Bitcoin] is a remarkable cryptographic achievement… The ability to create something which is not duplicable in the digital world has enormous value…Lot’s of people will build businesses on top of that.” [Source: Newsbtc.com]
John McAfee
“When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bircoin at $1 million by the end of 2020…” [Source: twitter]
“It is not a speculative investment even though it is being used as such by other people. As Bitcoin network grows the value of Bitcoin grows. As people move into Bitcoin for payments and receipts they stop using US Dollars, Euros and Chinese Yuan which in the long-term devalues these currencies.” [Source: RT YouTube]
Peter Thiel
“PayPal had these goals of creating a new currency. We failed at that, and we just created a new payment system. I think Bitcoin has succeeded on the level of a new currency, but the payment system is somewhat lacking. It’s very hard to use, and that’s the big challenge on the Bitcoin side.”
[Source: Cryptocoinnews]
Milton Friedman
“I think the internet is going to be one of the major forces for reducing the role of government. The one thing that’s missing but that will soon be developed, is a reliable e-cash.”
