While speaking on a recent panel, Elizabeth Schulze, CNBC technology correspondent, explained how Bitcoin’s long-term survival as an asset and currency depends upon people believing in it. Bitcoin’s Long-Term Survival Will Be Determined By Its Users The current price action witnessed with Bitcoin, is enough to shake even the strongest investor’s hands. The continued price decline… Continue reading CNBC Tech Correspondent: Bitcoin’s Survival Hinges on People Believing in It
Category: CNBC
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Brian Kelly: Bitcoin Cash Hard Fork Caused “Crypto Civil War”
Brian Kelly, founder and CEO of cryptocurrency investment firm BKCM, has said the market is experiencing a “crypto civil war” as the announced “hard fork” in Bitcoin Cash failed to gain consensus among peers in the community. The disagreement is behind the plunging digital currency market, with Bitcoin losing the $6,000 handle on Wednesday, Kelly… Continue reading Brian Kelly: Bitcoin Cash Hard Fork Caused “Crypto Civil War”
World Bank President: Distributed Ledger Technology Has ‘Huge Potential’
World Bank President Jim Yong Kim has stated that blockchain technology has “huge potential” that can help the organization “leapfrog generations of bad practice.” The president of the World Bank Group Jim Yong Kim has stated that distributed ledger technology (DLT) has “huge potential” and that the bank should keep pace with innovative technologies. Kim… Continue reading World Bank President: Distributed Ledger Technology Has ‘Huge Potential’
Blockchain Capital Expert: ‘Bitcoin Is Close to Bottoming’
Expert at Blockchain Capital and former Bitcoin analyst Spencer Bogart has predicted that the Bitcoin price has nearly hit its bottom. Spencer Bogart, an expert from digital currency and blockchain venture firm Blockchain Capital has said that the Bitcoin (BTC) price has nearly found its bottom, CNBC reported Oct. 5. Speaking on CNBC’s “Fast Money,”… Continue reading Blockchain Capital Expert: ‘Bitcoin Is Close to Bottoming’