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Bitcoin prices have risen sharply this year, but what does this mean for investors? Joe Lee, founder of Magnr, offered a more optimistic stance on Bitcoin's recent price gains. "I don't think we are in a bubble," he said, stating that while he expects the digital currency to experience of roughly 10% within the next two weeks, any such pullbacks represent buying opportunities. "There is huge demand at the moment ...
President Recep Tayyip Erdogan likes to swagger and attempt to punch above his weight. While his rhetorical threats and theatrics keep many allies and enemies off balance, they do not fool the Turks. Most of their bank deposits are not denominated in lira, but foreign currencies. more...
The stock market’s strong gains over the past few weeks may have convinced some sidelined investors to finally get into the stock market but does history indicate they should be following the forecasts of Wall Street strategist? more...
In September of 2014, in an interview with Fox Business, Tim Draper claimed Bitcoin would hit $10,000 USD in three years. To put that in perspective, Bitcoin was worth $413 USD at the time of the interview. Even strong believers in bitcoin and cryptocurrency in general were skeptical of such massive overall growth—particularly after the intense fluctuations the market, like the crash of 2011, in which the cryptocurrency declined in value by 94 percent. ...
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