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Marc Lasry Says Bitcoin Could Increase 433% In The Next Year

Earlier today (18th July), Marc Lasry spoke to CNBC on the morning news show ‘Squawk Box’ regarding how he can see the Bitcoin price rising to $40,000 or more within the next few years. The CEO and billionaire co-founder or hedge fund Avenue Capital Group, not to mention co-owner of the Milwaukee Bucks in the NBA, spoke to CNBC saying that he can envision the Bitcoin price reaching at $40,000 or more as the cryptocurrency gets a wider adoption which makes it easier to trade. He went on to say: “You are hoping that as it gets more into the...

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BMW Now Accepts Bitcoin As Payment

If you are looking to purchase a brand-new BMW any time soon then you’re are in luck as Stephen James BMW now accepts Bitcoin as a valid payment for the vehicle! There are many things that holders can spend their Bitcoin on, for example, Jewellery and now it seems you can by a red-hot beamer from the German car manufacturer in London and Kent in the UK. Stephen James BMW, a BMW and MINI car dealership based in South-East England sent out a tweet which said that BMW will now support payment of Bitcoins for their services. The tweet said:...

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Bitcoin (BTC) Likely To Fall To $5,400 After Unsustainable Short Squeeze Pump

To the surprise of many, Bitcoin (BTC) made a big move yesterday all the way to $7,500 in a matter of hours. While many investors were unaware of the real reason this pump occurred, many believed it had something to do with a Bitcoin ETF. Rumors of a Bitcoin ETF have been increasingly circulating in the crypto community for the past few days which is why investors were not willing to let go even as the price entered overbought conditions with the RSI reaching unprecedented levels on the 4H chart for BTC/USD. This move was seen by many as a...

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The REAL Reason Why Bitcoin Is Exploding!

Christmas may have come early for Bitcoin investors this year as Bitcoin is once again, on the rise. In the early hours of the morning, Bitcoin just leaped 10% to cross the $7,300 mark. It is currently trading at around $7,340. After hitting the $7,300 mark, Bitcoin seemed to surpass it quite quickly. Bitcoin could may very well continue to climb quickly just as this change of events began. Good news for the industry Over the past four days, the industry has had an amazing surge of good news and positive vibes have travelling throughout the industry and its traders....

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Five Experts Explain Why Bitcoin Won't Sky Rocket Again

Bitcoin has a had an exciting year in 2018. Bitcoin prices began the year on a high and nearly reaching $20,000 in December last year. At the time of writing Bitcoin is currently trading at just over $7,400. Some experts believe that Bitcoin won’t skyrocket once again, speaking to CNBC, five experts give their opinion on the cryptocurrency. Jamie Dimon Jamie Dimon explains why he doesn’t trust Bitcoin. Speaking in September last year, Dimon says that Bitcoin could $100,000 worth before it goes down and the first thing Governments will do form a currency which they like to know where...

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