According to Morgan Creek Capital CEO Mark Yusko, amid the declining market for traditional assets, Bitcoin "could become a hedge against chaos."
According to Morgan Creek Capital CEO Mark Yusko, amid the declining market for traditional assets, Bitcoin "could become a hedge against chaos."
Nicholas Colas, co-founder of DataTrek Research, said that Bitcoin is an excellent indicator of global geopolitical and economic turmoil.
In an interview with CNBC, Colas noted that bitcoin was one of the few indicators that predicted protests in Hong Kong and the subsequent outflow of capital from the region. He also emphasized that Bitcoin has become a safe asset, just like gold.
Goldman Sachs Investment Bank sent a letter to its clients stating that in the short term, Bitcoin is expected to rise to $ 13,971.
The letter that was sent to the bank's customers said that in the short term Goldman Sachs expects to see the growth of the first cryptocurrency to $ 13,971. The name of the analyst who prepared this forecast is not indicated.
CryptoMarketAds, crypto ads and marketing marketplace is continuing to expand its reach in the cryptocurrency market by listing on Idax.pro and opening marketplace for advertisers in August 2019.
Riga, Latvia, August 8, 2019 -- CryptoMarketAds cryptocurrency, CMA token, is going to be listed on IDAX.pro exchange.
Summary – Mr Ahmad Aljariri, CEO of The Private Office of His Highness Sheikh Hamdan Bin Ahmed Al Maktoum, member of the royal family of Dubai (UAE), has announced the launch of the new era cryptocurrency – Hamdan Token.
The operator of the most famous browser blockchain and online wallet, the company Blockchain, announced the launch of its own Cryptocurrency Exchange.
The exchange called The PIT is already running and user registration is open on it, but the trades are not yet open. This will happen within the next two weeks.
The company-operator of the cryptocurrency fund Grayscale conducted a research among American investors to find out their interest in cryptocurrencies.
"Bitcoin 2019 Investor Study" by Grayscale showed that from a pool of 1,100 American investors, more than a third (36%) of respondents consider investing in Bitcoin. If we assume that there are about 63 million investors in the USA, then the interested people represent a potential audience of more than 21 million people.
Mark Zuckerberg, CEO of the largest social networking site Facebook, said the company is ready to resolve all issues with Libra's regulators.
At a conference on the results of the second quarter of 2019, Zuckerberg stressed that several years ago Facebook would launch a new product without asking permission from regulators. But now the company's policy has changed.
In the congested and somewhat complex arena of blockchain technology lays a singularly unique company, built around the fundamental foundations from which crypto is built.
MinedBlock is a Fintech Crypto payments processor who specialise in transaction processing (mining) for crypto currencies.
MinedBlock have adopted a very concise and progressive mission statement from the offset and aim to capitalise on this through the execution of their Initial Exchange Offering (IEO).
According to US Treasury Secretary Stephen Mnuchin, there is every reason to develop new regulations for cryptocurrency by US regulators.
Over the past few years, the presidential administration has almost completely ignored cryptocurrencies. However, Donald Trump's recent statements about Bitcoin, as well as Facebook's announcement of Libra cryptocurrency project, give a reason to assume that the regulator intends to tackle digital money in order to limit its negative impact on the financial system.