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BITCOIN PRICE: 6,425.53     HIGH: 6,575.35     LOW: 6,381.25

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Tag: Bitcoin bubble

Pantera Capital Management Recommends Buying Bitcoin

Category: Bitcoin, Finance, News, Tech

Pantera Capital Management Recommends Buying Bitcoin
Pantera Capital Management, a cryptocurrency hedge fund with more than $800 million in assets, believes that bitcoin will not go under $6,500 in this seemingly slowing market. In a note to investors, the fund mentioned that the pioneer cryptocurrency’s prices would most likely exceed their previous high of $20,000 in late December 2017. Long Convictions Since January 2018, bitcoin’s value…

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Blast From the Past: Bitcoin Price Decline Bears Strong Resemblance to the Nasdaq Crash of 2000

Category: Bitcoin, Commentary, Finance, News

Blast From the Past: Bitcoin Price Decline Bears Strong Resemblance to the Nasdaq Crash of 2000
It was the year 2000 and many “tech startups” were issuing IPOs as part of the burgeoning dot-com era. These companies were all rushing to go public, promising many paradigm-shifting service delivery protocols that would challenge traditional brick-and-mortar establishments. Investors likewise rushed to the market, eager to get in on the action and make huge profits. The bubble would eventually…

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