Tether and Bitcoin price inflation linked to possible manipulation

Following the University of Texas report published yesterday on the possibility of Tether and Bitcoin’s manipulated price inflation through Hong Kong-based exchange, Bitfinex, Director of Research at CoinDesk, Nolan Bauerle responded.      “Bitcoin is a super volatile asset driven by a global retail investment crowd. Everyone who watches this crowd knows they use Tether to take a ‘dollar’ position when bitcoin dips. They reenter the bitcoin market when they feel the price is at a floor with the goal to have more bitcoin than at the start of the…

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“Consensus Sell-off” leave Bitcoin investors scratching their heads

Even after a week of positive news Bitcoin could not repeat the uptick seen in the aftermath of the 2017 conference. Bitcoin had a 1.35x growth between 20th  May and 25th May 2017 when it grew from around $2000 to a high of $2700 before correcting to around $2500. This year, Bitcoin was facing a bearish market before Consensus and did not recover but stayed at around the $8200 mark over the week.     Consensus took place from May 14-16th earlier this week and boasted an attendance three times…

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The Cryptolife of Max Keiser

Timothy Maxwell “Max” Keiser is an American broadcaster and filmmaker. He hosts Keiser Report, a financial program broadcast on Russian state media channel RT.   The Keiser Report is a financial news and analysis show on RT UK and the Russian state RT network, hosted by Max Keiser and his wife Stacy Herbert. The show started in September 2009 and they produce three new shows every week. The couple also host the weekly economics programme Double Down on Radio Sputnik   Back in 1999, co-founders and creators Max Keiser and…

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Crypto Expert’s Bullish Bitcoin Price Predictions for 2018 and beyond

Bitcoin is on the center stage and it seems there is no backing down for this revolutionary “Internet of Money”, a phrase coined by Andreas Antonopoulos.  The cryptocurrency trailblazer’s success and failings have started a new economy that is booming as more cryptocurrencies are added to the growing list.       Mainstream media picked up on Bitcoin’s meteoric rise in value towards the end of 2017 creating FOMO (Fear Of Missing Out) as news-watchers scrambled to “get into” Bitcoin.  The price shot to the region of $20,000 per Bitcoin…

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Bitcoin price could turn on a dime and explode

Japan created the great Bitcoin Bull Market of 2017 and can do so again in 2018.     On April 1 2017, Japan quietly made Bitcoin legal tender in the country setting the stage for one of the biggest bull markets that have ever been witnessed.   But this is nothing yet, according to a prediction made by Abra CEO Bill Barhydt, who thinks a major rally is around the corner.   Here is what he had to say:   “I talk to hedge funds, high net worth individuals, even…

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Is the Bitcoin bubble bursting?

 Allianz Global Investors have warned that the Bitcoin Bubble is about to burst.  The growth in the Bitcoin price is nothing short of incredible and even though the price has tumbled right down to $7750 at the time of this publication. The percentage growth was approximately 730% against the USD at the current price, and close to 2000% growth at the higher recorded price of $19,435.     “So is this the end of the hype about Bitcoin as the future of global currencies? Probably not yet, since speculation in…

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How to buy Bitcoin dominates Google

Bitcoin was one of the top Google search trends for 2017 and we thought it would be interesting to look at the top search terms that are Bitcoin related.     Bitcoin   Bitcoin was searched between 1 Million and 10 Million times per month. The huge rise in price no doubt had a major impact on the Bitcoin search popularity.       Bitcoin Price Not surprising that this term ranks high, everyone and his dog wants to know what the Bitcoin price is or will be in the…

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British Public Fears Bitcoin Security Risks as Market Set to Hit $1 Trillion, Says Coinlist.me Poll

LONDON, January 31, 2018 /PRNewswire/British investors are refusing to invest in cryptocurrencies like Bitcoin over security concerns.  They say a lack of education on the growing cryptocurrency phenomenon is turning them off with half the population (50%) citing perceived security risks as the reason for not investing, according to a new poll published on Coinlist.       And 88 percent of respondents to the You Gov poll said they are unlikely to invest in the cryptocurrency markets this year despite more than a trillion dollars of global assets expected to flood into the sector…

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Protect yourself – 90% of Bitcoin Value could be wiped out

Wall Street veteran Peter Boockvar predicts an epic crash will hit the cryptocurrency market, he does not know how and when but he is convinced it is upon us.   Boockvar is the chief investment officer at Bleakley Advisory Group and was interviewed by CNBC, “Futures Now.”  – “When something goes parabolic like this has, it typically ends up to where that parabola began”   “I wouldn’t be surprised if over the next year it’s down to $1,000 to $3,000” he added. That would be a 90% drop from current levels…

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How 50 Cent made $ 7 Million in Bitcoin

It was called Animal Ambition,  a 2014 album by rapper, 50 Cent. The rapper probably never dreamt that the value of Bitcoin would skyrocket when he agreed to take proceeds from album sales in Bitcoin. These sales are now reportedly worth more than $7.5 million.   In a comment that could either amaze or exasperate people who would love to find a pile of money, 50 Cent added, “I’m a keep it real. I forgot I did that s***.”   It was reported that Animal Ambition brought the rapper around…

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