This Bitcoin Rival Just Doubled In Value–Here’s Why – Forbes

Bitcoin rival bitcoin SV, which split from another bitcoin offshoot in a bitter civil war late last year, has suddenly leaped in value—jumping a little over 120% before falling back somewhat. The bitcoin variant’s sudden price rise is due to bitcoin SV proponent Craig Wright strengthening his controversial claim that he is the creator of […]

Continue Reading

Is Bitcoin (BTC) Overvalued? Many Analysts Say It Is

BTC Well Above “Intrinsic Value” For some reason, this Bitcoin (BTC) rally has been met with cynical teardowns by many analysts, who state that the cryptocurrency market remains overvalued, despite the 80% drawdown and then 100% recovery off its lows. As reported by Ethereum World News previously, in a recent research note from JP Morgan, it […]

Continue Reading

NYSE Arca Seeks Rule Change to List ETF Backed by Bitcoin and T-Bills

NYSE Arca has formally applied to the Securities and Exchange Commission (SEC) for a rule change that would allow it to list shares in a proposed bitcoin investment trust. The United States Bitcoin and Treasury Investment Trust, managed by Wilshire Phoenix Funds, would invest exclusively in bitcoin and short-term U.S. Treasury securities, according to a […]

Continue Reading

This is what’s causing the latest bitcoin price surge – Yahoo Finance

The price of bitcoin is up 48% in the past 30 days. <p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Wondering what to make of the recent upswing? The ongoing U.S.-China trade war and a forthcoming&nbsp;cyclical halving&nbsp;in 2020 are two big reasons for the current rally, according to bitcoin bull Tom Lee, managing partner at Fundstrat […]

Continue Reading