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Crypto Snippets

Bite-size crypto news

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Crypto Snippets

Bite-size crypto news

Mike Novogratz

Mike Novogratz: Bitcoin Will Continue To Go Up Following The Halving

  • CS Team
  • May 14, 2020
  • 1 Comment on Mike Novogratz: Bitcoin Will Continue To Go Up Following The Halving
  • During an interview on CNBC’s Fast Money, Mike Novogratz predicts that Bitcoin will continue to go up following the halving. In his opinion, an increasing number of institutional investors will be investing in BTC. This comes after the famous billionaire investor Paul Tudor Jones stated that he is bullish on BTC because “Bitcoin is undervalued […]

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    Mark Yusko: Bitcoin Will Reach Gold's Market Cap & 1 BTC Will Be Worth $500k

    Mark Yusko: Bitcoin Will Reach Gold’s Market Cap & 1 BTC Will Be Worth $500k

  • CS Team
  • May 12, 2020
  • 1 Comment on Mark Yusko: Bitcoin Will Reach Gold’s Market Cap & 1 BTC Will Be Worth $500k
  • The CIO of Morgan Creek Capital Management, Mark Yusko, just doubled down on his claim that BTC will reach $400k. According to Mr. Yusko, BTC will eventually reach gold’s market cap of $8.4 trillion. “If we think about Bitcoin’s properties as digital gold – it’s a great store of value, it’s easily more divisible than […]

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    bitcoin third halving

    Bitcoin Experienced Third Halving in Its History

  • CS Team
  • May 12, 2020
  • 1 Comment on Bitcoin Experienced Third Halving in Its History
  • Bitcoin’s third halving in history took place at 7:23 p.m. UTC on Monday, which reduced the Bitcoin block reward from 12.5 BTC to 6.25 BTC. Some crypto experts predict that the new halving will force some miners to stop generating new Bitcoin, since a wide number of mining rigs will become outdated. Just before the […]

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    Raoul Pal from Global Macro Investor: BTC to Hit $1M in the Long Run

  • CS Team
  • May 11, 2020
  • 2 Comments on Raoul Pal from Global Macro Investor: BTC to Hit $1M in the Long Run
  • Raoul Pal from Global Macro Investor recently said that Bitcoin is currently in “one of the best set ups in any asset class I’ve ever witnessed.” According to Pal, BTC is trading inside a “perfect wedge” that is a precursor to a massive new bull run. The first chart has BTC targeting $40k, but in […]

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    Paul Tudor Jones is bullish on Bitcoin

    Paul Tudor Jones is Bullish on Bitcoin Because it is ‘Undervalued Relative to Gold’

  • CS Team
  • May 10, 2020
  • 3 Comments on Paul Tudor Jones is Bullish on Bitcoin Because it is ‘Undervalued Relative to Gold’
  • Paul Tudor Jones is now officially bullish on Bitcoin (BTC) You probably read by now that famous American hedge fund manager Paul Tudor Jones has now invested in Bitcoin as a hedge against inflation. In a letter to investors, the manager explained that “Bitcoin is undervalued relative to gold.” Specifically, he said:

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    Bitcoin BTC halving prediction $100,000

    Crypto Strategist: Major Bitcoin Drop Before Going to $100k

  • CS Team
  • May 10, 2020
  • 3 Comments on Crypto Strategist: Major Bitcoin Drop Before Going to $100k
  • In the past days, investors watched Bitcoin closely, hoping it will be able to break through the major resistance at around $10k. Analyst Dave the Wave is expecting Bitcoin to start a major retrace before eventually hitting $100k be 2023. If we're to see a year long manic market, a longer cycle, and diminished returns…. […]

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    Bitcoin venezuela hyperinflation

    Over 20,000 New Shops Will Start Accepting BTC in Venezuela to Combat Hyperinflation

  • CS Team
  • May 9, 2020
  • 0
  • Cryptocurrencies, and especially Bitcoin, are being adopted on a very wide scale in Venezuela, as a mean to combat hyperinflation. According to CoinTelegraph.com, starting June 1st, over 20,000 new shops and enterprises will start accepting crypto payments. We remind you that Venezuela’s hyperinflation rate hit 10 million percent at some point last year, which makes […]

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    rising Bitcoin Is Reportedly Targeting $14,000

    Bitcoin is Targeting $14,000

  • CS Team
  • May 9, 2020
  • 1 Comment on Bitcoin is Targeting $14,000
  • A popular crypto analyst, “Credible Crypto”, said that Bitcoin is definitely on the way to $14,000, and the only question is how long it will take, but before that it needs to break the $9.7k-10.5k resistance. Credible Crypto tweeted: “With Step 1 and Step 2 completed, the last barrier between us and my 14k target […]

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    Bitcoin miners hoarding

    Miners Are Hoarding BTC, Expecting Higher Prices

  • CS Team
  • May 8, 2020
  • 0
  • Miners are hoarding Bitcoin ahead of the halving, sending bullish signs. According to ByteTree, over the past of the last week alone, miners have mined and hoarded 1,067 BTC ($10.5 million), expecting the price of BTC to continue to rise. Recently, Iran issued a license for the biggest Bitcoin mining farm in the country, made […]

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    One of the Most Successful Investors, Paul Tudor Jones, Buys Bitcoin as a Hedge Against Inflation

    One of the Most Successful Investors, Paul Tudor Jones, Buys Bitcoin as a Hedge Against Inflation

  • CS Team
  • May 8, 2020
  • 1 Comment on One of the Most Successful Investors, Paul Tudor Jones, Buys Bitcoin as a Hedge Against Inflation
  • Renowned investor Paul Tudor Jones is buying Bitcoin as a hedge against the inflation that he foresees, due to central bank money-printing: “The best profit-maximizing strategy is to own the fastest horse,” Jones, the founder and chief executive officer of Tudor Investment Corp., said in a market outlook note he entitled ‘The Great Monetary Inflation.’ […]

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