Billionaire investor Marc Lasry predicts that Bitcoin could go as high as $40,000 in a few years. Lasry believes rising adoption will make the top-ranked cryptocurrency easier to trade thus causing the price to skyrocket. Mainstream Adoption will Catapult the Price of Bitcoin According to Lasry, Bitcoin is poised to see an increase in utility in the coming years and more people warm up to the emerging asset class. Speaking to CNBC, the Avenue CapitalRead MoreThe post Billionaire Investor Says Bitcoin Can Easily Reach $40K, Regrets Not Buying Earlier appeared first on Bitcoinist.com.
Norbert Michel, director for Data Analysis at the highly influential conservative think tank the Heritage Foundation, has called on congress to remove capital gain taxes on cryptocurrencies. During a congressional subcommittee...The post Remove Capital Gain Taxes on Cryptocurrencies Says Director at Heritage Foundation to Congress appeared first on Trustnodes.
Howard Marks, a billionaire investor and the founder of Oaktree Capital Management, has recently slammed bitcoin and other cryptocurrencies, as he stated buying bitcoin isn’t an investment, but a trade that “will be shown not to have any substance.”
Another day, another crypto-forward development in Malta, as it backs its promise to become the world’s ‘blockchain island.’ CCN can exclusively reveal that Neufund, a German-based blockchain protocol for securities tokenization and issuance will be partnering with MSX, an innovation vehicle of the Malta Stock Exchange. MSX is also in partnership with Binance which claims to … ContinuedThe post Exclusive: Binance, Neufund Back ‘World’s First Decentralized Stock Exchange’ in Malta appeared first on CCN
Wednesday Lugano, Switzerland – trade.io, a leading cryptocurrency exchange and innovator of the industry’s leading liquidity pool, today announced that David Hannigan has joined the company as its Chief Dealer. David brings almost 30 years of trading and risk management experience, most notably his position as Senior VP at National Australia Bank, to his new role.The post PR: trade.Io Appoints Banking Veteran David Hannigan to Run OTC Desk appeared first on Bitcoin News.
The document will not include separate taxation schemes for cryptocurrency owners, which means that mining and circulation of cryptocurrencies will be regulated under existing provisions of the Russian Tax Code.The post Russian Lawmakers are Looking to Pass the Bill on Cryptocurrencies appeared first on CoinSpeaker.
The mastermind behind the infamous bitcoin ponzi GainBitcoin has offered to compensate thousands of victims who incurred losses during the scheme which raked in an initial 1,000 crores in cryptocurrency (approx. $150 million). Now under arrest, Amit Bhardwaj has been found out as the kingpin behind India’s biggest cryptocurrency scam. The founder of now-defunct bitcoinThe post Founder of $150 Indian Bitcoin Ponzi Offers Compensation to Victims appeared first on CCN
In today’s edition of Bitcoin in Brief we cover an American anti cryptocurrency politician who is financially backed by a credit card firm, a positive change of leadership at Goldman Sachs, Grayscale's performance during first half of 2018 and much more.The post The Daily: Anti-Crypto Politician Backed by Payments Firm, Grayscale Raised $250m in H1 appeared first on Bitcoin News.
Key Highlights Ethereum classic price corrected lower after trading as high as $18.37 against the US dollar. There is a significant bullish trend line in place with support at $17.10 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is currently holding the trend line support at $17.10 and the...The post Ethereum Classic Price Analysis: ETC/USD Remains in Uptrend appeared first on NewsBTC.
According to billionaire Marc Lasry, Bitcoin price will reach $40,000 where mainstream adoption and improved trading usability will be the main catalysts. He also expressed his regrets for not getting involved earlier. Lasry, the co-founder and CEO of asset management company Avenue Capital, told CNBC’s Squawk Box that the price of the first and foremost...The post Bitcoin Price to Reach $40,000, According to Billionaire Marc Lasry appeared first on Bitcoin Network, News, Charts, Guides & Analysis.