Bitcoin Price Catalyst Will Be S&P 500 New All-Time High, Says Tom Lee

Wall Street strategist and co-founder of Fundstrat Global Advisors Thomas Lee has argued that a strong macro outlook will provide the tailwinds for the next Bitcoin (BTC) bull run.

In an interview for CNBC’s Fast Money on Sept. 13, Lee broke with the narrative that investors buy into Bitcoin to hedge macro risks — viewing the asset as a safe-haven asset or type of digital gold. 

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Pompliano: Satoshi Should Win Nobel Peace Prize for Bitcoin

American investor and co-founder of Morgan Creek Digital Assets Anthony Pompliano has argued that Satoshi Nakomoto should be awarded the Nobel Peace Prize for inventing Bitcoin.

In a tweet posted on Sept. 3, Pompliano wrote:

“Satoshi should win the Nobel Peace Prize. We finally have a currency that can assume global reserve status without anyone having to engage in violence.”

And the prize goes to… X

Pompliano’s proposal faces the obvious hurdle of Nakamoto’s now-legendary disappearance in late 2010 — which has spurred almost as much speculation and fervent interest as the cryptocurrency he,

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India: 5 Arrested for Allegedly Torturing Bitcoin Businessman to Death

Five men in the Indian state of Kerala have been arrested for allegedly torturing the head of a failed $62.5 million Bitcoin investment scheme to death. Yahoo! News reported the news on Sept. 2.

Killers believe victim defrauded investors

According to the report, the Dehradun police in Uttarakhand were alerted to the incident after a local hospital found the body of the deceased in a car abandoned in a parking lot. 

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US-China Trade War Driving Retail Investors to Bitcoin, Says EToro

Financial analysts say a growing number of retail investors are betting on Bitcoin (BTC) as a hedge against macroeconomic turbulence during the protracted United States-China trade war.

The London Economic reported the news on Aug. 29, citing data from eToro, a United Kingdom-based multi-asset investment platform and social network.

Correlated uptick in Bitcoin,

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BitFlyer and Tpoint Japan Team Up to Offer Bitcoin Loyalty Program

Cryptocurrency exchange bitFlyer and technology services company Tpoint Japan announced a new partnership that allows local customers to exchange loyalty program points for Bitcoin (BTC) and earn rewards for paying in crypto. The official press release states:

“As part of our mission of ‘Making the world simpler with blockchain’, we will continue to contribute to the further development of a sound virtual currency industry.

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Bitcoin Price Loses $10.5K Support as US-China Trade War Tensions Cool

Bitcoin (BTC) price was feeling the pressure Aug. 14 after a fresh downturn saw the largest cryptocurrency settle below $10,500. 

Market visualization. Source: Coin360

Trade war tensions relief lifts markets, sinks Bitcoin price 

Data from Coin360 painted a gloomy picture for investors Wednesday, with BTC/USD trailing 7.2% daily losses.

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Bitcoin Price: Gold Breakout Could Jolt BTC Above $12K, Say Analysts

Bitcoin (BTC) price remained fairly buoyant on Aug. 13 despite a fresh delay of an exchange-traded fund (ETF) by United States regulators. 

Market visualization. Source: Coin360

Bitcoin price unfazed by Bitcoin ETF delay

Data from Coin360 showed BTC/USD clinging to support above $11,000 Tuesday,

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Digital Yuan: Weapon in US Trade War or Attempt to Manipulate Bitcoin?

After a short stay in the red zone, Bitcoin (BTC) has recovered toward $12,000, with traders turning bullish as ever. Experts call the United States-China trade war a key reason for the main cryptocurrency’s price fluctuations. Fuel to the fire has been added by the recent announcement by the People’s Bank of China (PBoC) of plans to get ahead of the U.S.

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Bitcoin Price Will Hit $250K by Q1 2023 Despite Consolidation, Says Tim Draper

Bitcoin (BTC) price will still hit $250,000 but its status as a safe haven asset could see investors waiting a little longer than planned, serial VC investor Tim Draper says.

“People have consolidated towards Bitcoin”

Speaking in an interview with Yahoo! Finance on Aug. 9, the notoriously bullish Draper doubled down on his prediction that Bitcoin will hit $250,000 by 2023.

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Bitcoin Safe Haven Sucking in Money From China, Says Blockchain Executive

Bitcoin (BTC) really does function as a safe haven asset in 2019, another source has told mainstream media as the United States-China trade war rages.

Bitcoin increasingly important amid economic uncertainty

Speaking to Forbes in an interview on Aug. 8, Chris Reinertsen, chief marketing officer of blockchain consultancy Rhythm Technologies,

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‘It’s Fantastic Tech’ — Hedge Funds Will Go Bitcoin, Says Consultancy CEO

Bitcoin (BTC) lets investors hedge against inflation and will endure as part of portfolios, the CEO of consultancy firm Agecroft Partners has told mainstream media. 

“It’s fantastic technology”

Speaking to CNBC in an interview Aug. 6, Don Steinbrugge praised the cryptocurrency’s technology while discussing nontraditional investments.

“It’s been an amazing run,

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Macro Factors Creating ‘Perfect Storm’ to Drive Up Bitcoin Price: Report

Digital asset research firm Delphi Digital says that the macroeconomic landscape is creating the “perfect storm” to ignite Bitcoin price appreciation.

Monetary easing, crypto peaking

In a fresh report cited by Forbes on August 1, the researchers isolate the dovish turn in global central banking policy as the stand-out factor likely to propel Bitcoin’s price skywards:

“First,

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Bitcoin Falls Under $9,600 as Most Altcoins See Major Losses

Sunday, July 28 — Most of the top 20 cryptocurrencies are reporting losses on the day by press time, at the same time that Bitcoin (BTC) fell below the $9,600 mark.

Market visualization courtesy of Coin360

Bitcoin is currently down by 5.2% on the day, trading at $9,538 at press time,

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Bank of China’s New Infographic Shows Why Bitcoin Price Is Going Up

The Chinese central bank released on its website an infographic illustrating what is Bitcoin (BTC), how it works and why it’s valuable on July 26.

A brief story: from Bitcoin to Libra

The infographic illustrates the story of Bitcoin, starting with the publication of its whitepaper in 2008, the mining of the first 50 BTC in 2009,

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Safeway Shoppers Can Now Get Bitcoin Back as Change at 894 US Stores

Bitcoin (BTC) rewards shopping app Lolli has partnered with major American grocery chain Safeway to give customers 3.5% back in Bitcoin on all their purchases. 

Making Bitcoin ‘part of everyday life’

According to a blog post announcing the new partnership on July 25, Safeway — and Albertsons Companies’ subsidiary —

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Bitcoin Price Clings to $10K But Now Below ‘Neutral Area,’ Says Trader

Bitcoin (BTC) price slid back under $10,000 July 23 after a period of sideways action broke down to send the largest cryptocurrency back to four figures.

Market visualization. Source: Coin360

Bitcoin price swirls around five figure mark

Data from Coin360 showed BTC/USD trading just below the barrier once again Tuesday,

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Crypto and FB’s Libra Are Bridges to a Bitcoin World, Says Tim Draper

Bitcoin (BTC) will be the ultimate benefactor from interest in Facebook Libra and cryptocurrencies, billionaire Tim Draper has said. 

Bridges to a ‘Bitcoin environment’

Speaking to CNBC in an interview on July 19, Draper, who is well known as a Bitcoin advocate, defended both Libra and Bitcoin against recent pressure from governments,

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Research: Blockchain-Not-Bitcoin Investments Seeing 60% Drop in 2019

Blockchain investment could drop by as much as 60% this year as attention continues to focus on Bitcoin (BTC), new data suggests.

Smart Money Turns Off Blockchain

According to a report from fintech research bureau, CB Insights, reported by Bloomberg on July 18, companies in the blockchain space are drawing in a lot less support in 2019.

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Money Managers are Paying Big Bucks to Interpret Your Bitcoin Tweets

Algorithms that can decode market sentiment are making waves in the institutional crypto landscape, a July 17 report from Reuters claims. 

An Arms Race for Algorithms

With the resounding return of Bitcoin’s (BTC) volatility amid an ever-hotter crypto market, hedge funds and asset managers are increasingly turning to software developers to help them interpret and harness sentiment signals to their advantage.

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Report: Fortress Offers to Buy Mt. Gox Bitcoin Claims at $900 a Piece

Fortress Investment Group is buying bitcoin (BTC) claims from Mt. Gox creditors, according to a report by CoinDesk on July 8.

The Japan-based cryptocurrency exchange Mt. Gox filed for bankruptcy in 2014 after losing $473 million worth of bitcoin at the time due to an apparent hack. Bitcoin reportedly experienced a subsequent decline in value,

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Crypto Analyst Says Bitcoin Price Could Hit $100,000 During Next Bull Run

ThinkMarkets chief market analyst Naeem Aslam predicts that bitcoin (BTC) will hit somewhere between $60,000 and  $100,000 during its next bull run, according to a Fox Business interview on June 24.

Aslam had previously predicted on June 17 that BTC would hit $10,000 in “a couple of weeks,” citing institutional involvement as a major driver.

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Is Bitcoin's Increasing Anonymity a Threat to Privacy Coins?

It’s no secret that Bitcoin isn’t actually anonymous, despite what various outside observers of crypto might claim. It is, in fact, pseudonymous, as its transactions are vulnerable to being traced to specific individuals by governments and intelligence agencies with enough determination and knowhow. However, in recent months, the privacy it offers users has been steadily increasing,

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