Bitcoin the ‘Best House in a Tough Neighborhood’: Wall Street Strategist

Despite the positive news seen in the crypto space recently with ICE, the owner of the world’s largest stock exchange, setting up a new bitcoin market, the rumors that bitcoin ETFs are on the way (but maybe not in 2018), and the classification of bitcoin as a commodity by the SEC, the price of bitcoin The post Bitcoin the ‘Best House in a Tough Neighborhood’: Wall Street Strategist appeared first on CCN

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DOJ’s Bitcoin Price Manipulation Probe a ‘Good Thing’: Mike Novogratz

Billionaire investor and former hedge fund manager Mike Novogratz said that he is optimistic that the US Department of Justice’s (DOJ) recently-launched probe into allegations of bitcoin price manipulation will contribute to the long-term health of the cryptocurrency market. Speaking in an interview with Bloomberg, Novogratz — the founder of $250 million cryptocurrency merchant bank The post DOJ’s Bitcoin Price Manipulation Probe a ‘Good Thing’: Mike Novogratz appeared first on CCN

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$25,000 in 2018: Bitcoin Bull Tom Lee Sticks to Strong Forecast Despite Failed Prediction

Widely followed cryptocurrency analyst Thomas Lee’s short-term market forecast may not have materialized, but he’s sticking with his bullish long-term prediction despite the setback. If anything, Fundstrat Global Advisors’ Lee is digging in his heels even further, reportedly reiterating his forecast for a $25,000 BTC price by year-end. What Happened Lee placed a great deal of stock … Continued The post $25,000 in 2018: Bitcoin Bull Tom Lee Sticks to Strong Forecast Despite Failed Prediction appeared first on CCN

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