Will Bitcoin Price Reach $50,000?

Mixed opinions on Bitcoin price keeps the markets in the doldrums. Some analysts see the considerable crash, while others believe it could hit $50,000 by the end of this year. The unpredictable nature of cryptocurrencies is evident from the divergence of opinion.   Bitcoin price has peaked around $19,000 before falling back to $6,000 on Tuesday. Bitcoin pared some losses in Wednesday trade on enthusiastic comments from U.S. regulators. It is trading in the range of $8,000 at the time of writing. How Will Bitcoin Price Reach $50,000? Several analysts are…

Cryptocurrency Excitement Is Limited | Update On Biggest Coins

Despite several warnings and intensifying regulatory actions, there is cryptocurrency excitement today as traders are vigorously capitalizing on the buying opportunities. Bitcoin price moved to the range of $8,000 after hitting the new support level of $6,000; all this happened in only 24 hours. Cryptocurrencies extended Tuesday’s rally today and the majority of digital currencies are up at a double-digit rate, while the total market capitalization rebounded to the level of $4 billion.   Source Image: coinmarketcap.com At the time of writing:  Ethereum (ETH) trades above $800, sharply higher from Tuesday lows…

Former CFTC Commissioner Bart Chilton: Leveraged ETFs Need Regulation | CNBC

Following recent market volatility being partially blamed on leveraged products, Bart Chilton, former Commodities Futures Trading Commission (CFTC) commissioner, discusses whether these trading instruments should be closely regulated. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC…

Bitcoin Will One Day Be Worth 40 Times Price It Is Now: Gemini Exchange’s Cameron Winklevoss | CNBC

Cameron Winklevoss, co-founder of the Gemini Exchange, says bitcoin will “disrupt gold”. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Bitcoin Will One Day Be Worth…

This Guy Bought A Lamborghini With Bitcoin | CNBC

Peter Saddington bought a Huracan Lamborghini with bitcoin in 2017. This is his story. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC This Guy Bought A…

SEC Compliance Office to Step Up Crypto Disclosure Policing

The SEC’s Office of Compliance Inspections and Examinations (OCIE) intends to prioritize an examination of developments in the cryptocurrency and initial coin offering markets this year. Revealed today in the agency’s annual “examination priorities” update, the OCIE said it will broach the industry under its mandate to improve compliance, monitor risk and prevent fraud in the U.S. financial markets. In particular, the agency resolved to explore whether “adequate disclosures about the risks associated with these investments” were being given to investors. The OCIE announcement arrives one day after the SEC’s…

New Monero-Mining Malware Targets Android Devices, Tho… | News

Researchers from Chinese Cybersecurity company 360Netlab has discovered a new Android-based cryptocurrency mining malware that infects vulnerable Android devices to mine cryptocurrency, as reported in a blog post from the firm on Feb. 6.  As 360Netlab reports, the ADB.Miner worm scans can affect any kind of Android device, including smartphones, tablets, and television sets. The malware infects the device to mine Monero (XMR) coins and sends all acquired funds to a single wallet.  According to 360Netlab’s blog post, the cryptocurrency mining worm ADB.Miner has been actively infecting devices since Feb.…

Blockchain and Energy – Two Peas In a Pod | News

Blockchain technology is the underlying framework upon which most cryptocurrencies operate and it has become one of the most important technological advances in the 21st century. Simply put, a Blockchain is a secure system that stores information. This is typically done in individual blocks which are encrypted, together forming a chain of secure data. Bitcoin’s Blockchain pioneered the technology as a transactional system. Its Blockchain is an electronic accounting ledger, with each block holding a finite amount of transactions made with the cryptocurrency. It is completely decentralized, with transactions verified…

Stock Market Correction – Perspective For Crypto Marke… | News

It has been a sobering couple of days for the whole cryptocurrency market after the biggest sell off in recent memory. Bitcoin dipped below $7,000 for the first time since November marking a complete turnaround from the value that marked the start of a phenomenal bull run all the way up to $20,000. But after positive statements from the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission Tuesday, the markets have had a complete turnaround. In the space of a week, the overall cryptocurrency market capitalization (according…