bitcoin Bitcoin Analysis Cryptocurrency News Warren Buffett 

Warren Buffett has Enough Spare Cash to Buy Two-Thirds of All Existing Bitcoin – CCN.com

Warren Buffett isn’t much of a bitcoin fan. He’s called it rat poison squared, a gambling device, delusional, and a seashell with no inherent value. But, if he wanted to, he could become the biggest bitcoin whale of them all. Buffett could buy two-thirds of the existing BTC supply… in cash. Warren Buffett’s investment firm Berkshire Hathaway reported a record $122 billion cash pile in a recent filing. That’s about two-thirds of bitcoin’s current market capitalization of $177.6 billion. Sidenote: obviously, this isn’t actually possible. Only a small portion of…

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bitcoin Cryptocurrency News north korea Op-ed 

North Korea Jumps The Cryptocurrency Shark By Announcing Its Own Bitcoin – CCN.com

In the world of cryptocurrency and bitcoins, which I consider to be a bubble worse than the Dutch tulip craze of the 1600s, there could only be one thing worse. That would be saying something because as I’ve argued repeatedly here at CCN, bitcoin is vapor. There is nothing to back it, it isn’t money, there is no rhyme or reason for the price that it trades at in the market, and is nothing more than gambling in a casino that has worse odds than Las Vegas. While supporters of…

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bitcoin Bitcoin Analysis Bitcoin Research Cryptocurrency News Op-ed 

Bitcoin Is Ideal Hedge Amidst Rising Global Uncertainty – CCN.com

Many claim that bitcoin is the “new gold.” However, BTC is not correlated with any asset, including gold. Hence, it’s a good hedge. | Source: Shutterstock The U.S.-China trade war, the Hong Kong protests, and now the attack on Saudi Arabian oil producer Aramco – these events add more pressure to financial and commodity markets that already look overextended; stocks are trading close to all-time highs. On top of that, central banks are slashing interest rates and printing money while the real-estate market is still overpriced. Stocks, bonds, and property…

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bitcoin Bitcoin Analysis fundstrat Market News Opinion S&P 500 tom lee 

Want Bitcoin to Moon? You’d Better Start Buying Stocks – CCN.com

Want the Bitcoin price to surge to new highs? You’d better start buying stocks – or at least invest in an S&P 500 index fund. | Source: Scott Olson / Getty Images / AFP It seems like a lifetime ago that the Bitcoin price grazed the $20,000 mark in late 2017, and bulls have been pining for a new breakneck rally ever since. According to Fundstart Global Advisors co-founder Tom Lee, the catalyst for BTC’s march to a new all-time high could come from an unlikely place: the stock market….

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bitcoin Bitcoin Crime coinbase Cryptocurrency News 

Coinbase Quietly Settles $1.1 Million Bitcoin Theft Case

The U.K. arm of cryptocurrency exchange Coinbase has reached a settlement with a digital asset fund manager whose stolen bitcoin worth over a million dollars was transferred to the exchange. According to Law360, Coinbase U.K. struck a deal with the CEO of Alphabit Liam Robertson to discontinue the legal dispute that had been raging for about two months. Liam Robertson, CEO of Alphabit The legal dispute started after Robertson lost bitcoin worth over $1 million in an email phishing attack. This occurred after Robertson agreed to invest over 100 bitcoin…

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bakkt bitcoin Bitcoin Exchange Cryptocurrency News 

Bakkt Is Finally Taking Bitcoin Deposits, but You Wouldn’t Know It – CCN Markets

Bakkt picked a tough day to begin securing assets, but it’s still been on bitcoin’s highlight reel in 2019. | Source: Shutterstock Bakkt has been hailed as the leading catalyst for the bitcoin market this year, while visions of institutional capital danced in the crypto community’s collective heads. Today the bitcoin futures exchange made one giant leap toward its official launch by opening up Bakkt Warehouse Custody, which is the arm of the business that will keep big investors’ funds safe while they trade. Bakkt Warehouse custody is live. Now accepting…

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bitcoin Bitcoin Analysis Bitcoin Price News Cryptocurrency News 

Dazzling Bitcoin Price Run Sparks Forecasts for Fresh 2019 Highs

Bitcoin is looking at a fresh yearly high if support sticks, analysts have claimed. | Source: Shutterstock Since September 2, within four days, the bitcoin price has recovered from $9,500 to $10,700, rising by well over 10 percent against the U.S. dollar. The bitcoin price on a steady recovery since early September (source: coinmarketcap.com) As bitcoin stabilizes above an important resistance level at $10,000, technical analysts anticipate the asset to establish a basis for the next rally. Potential yearly high by the year’s end for bitcoin Historically, following a strong…

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bitcoin Bitcoin Analysis gold Opinion 

Goldbug Trumpets Bitcoin as Your Portfolio’s Long-Term Bond Killer

A long-term gold investor sees the precious metal and bitcoin replace bonds in portfolios. | Source: Shutterstock Dan Tepiero, the founder of DTAP Capital and co-founder of Gold Bullion International said that gold and bitcoin will replace bonds as vehicles of portfolio hedge in the long term. Following the noticeable increase in geopolitical risks caused by the trade dispute between the U.S. and China, a growing number of investors have flocked to the bond market, causing bond yield in major markets to drop sub-zero. As CCN reported Tuesday, some strategists…

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bakkt bitcoin Bitcoin Analysis Cryptocurrency News sec VanEck 

Are VanEck ‘ETF’ and Bakkt Catalysts to Take Bitcoin to 2019 High Again?

VanEck and SolidX are reportedly selling a “limited version” of a bitcoin ETF after every BTC ETF proposal has been rejected by the SEC. | Source: Shutterstock Primarily targeting institutional investors, VanEck and SolidX are reportedly selling a “limited version” of a bitcoin exchange-traded fund (ETF) after every bitcoin ETF proposal has been rejected by the Securities and Exchange Commission (SEC) to date. According to the VanEck SolidX Bitcoin Trust 144A Shares proposal, qualified institutional buyers (QIBs) will be able to purchase publicly quoted DTC-eligible BTC security through a brokerage…

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bitcoin Cryptocurrency News Luxembourg PwC 

‘Big 4’ Giant PwC Accepts Bitcoin in Filthy-Rich Tax Haven Luxembourg – CCN Markets

PwC Luxembourg will accept your bitcoin for services rendered. | Source: Shutterstock The Luxembourg unit of the Big Four accounting firm PricewaterhouseCoopers has announced that its clients will be able to pay for services in Bitcoin a month from now. In a press release, PwC Luxembourg indicated that it will begin accepting Bitcoin payments from October 1. The accounting firm will partner with a Luxembourg-based cryptocurrency exchange to integrate the Bitcoin payments. We are stepping further into #blockchain and #crypto-assets by accepting #Bitcoin payments from our clients as from 1…

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