The chairman of Starwood Capital Group, billionaire Barry Sternlicht, has shared his view on how bitcoin could grow to be worth a million dollars a coin. He calls the cryptocurrency a “smart” hedge in a world where the government just keeps on printing money. Billionaire Barry Sternlicht Believes Bitcoin Could Rise to $1 Million per Coin Billionaire Barry Sternlicht, the chairman of Starwood Capital Group, talked about the future outlook for cryptocurrencies, particularly bitcoin,… Source link

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Cathie Wood’s $560,000 Bitcoin call is now a 988% upside play — here’s how to take advantage of the cryptocurrency’s slide Bitcoin is so volatile that if you want to “buy the dip,” the dip will likely be there. Case in point: After peaking at over $68,000 in early November, the price of the world’s largest cryptocurrency wasn’t able to maintain its upward momentum. In fact, over the past weekend, it dipped below $50,000. Trading at $51,444 as of this writing, Bitcoin has dropped… Source link

Litecoin’s (CRYPTO: LTC) price has increased 6.84% over the past 24 hours to $162.32, which is in the opposite direction of its trend over the past week, where it has experienced a 24.0% loss, moving from $212.75 to its current price. As it stands right now, the coin’s all-time high is $410.26. The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are… Source link

Cryptocurrency exchange Coinbase has added a mirrored version of the Ethereum blockchain’s native token Ether (ETH) to its crypto price index, just ahead of a key network upgrade on Dec. 10. Dubbed “ETH2,” the symbol appeared to have been tracking the original Ether market data synchronously. For instance, the cost to purchase ETH2 came out to be the same as that for ETH. Meanwhile, their market capitalization, volume, circulating supply, and price changes were also identical. Coinbase is… Source link

The Miami jury cleared Craig Wright on nearly all issues in the dispute, including that half of the 1.1 million bitcoin in dispute belonged to the family of Dave Kleiman, the former partner and computer forensics expert. While concluding that Wright was not liable for fraud, jurors did award $100 million in intellectual property rights to W&K Information Defense Research LLC, a joint venture between the men. The trial began on Nov. 1. “This has been a remarkably good outcome and I feel… Source link

As 2022 draws closer, some cryptocurrency investment experts are doubtful about whether Bitcoin (BTC) has enough time to hit $100,000 in 2021. Following a major flash crash in the cryptocurrency market, Bitcoin is unlikely to break new all-time highs in the next three weeks and go all the way up to $100,000, according to Bitwise chief investment officer Matt Hougan. “$100,000 by the end of the year is a difficult prediction to make […] I think $100,000 could be in target in 2022 but this… Source link

Litecoin Climbs 10% In a Green Day Investing.com – was trading at $161.500 by 04:01 (09:01 GMT) on the Investing.com Index on Tuesday, up 10.16% on the day. It was the largest one-day percentage gain since November 9. The move upwards pushed Litecoin’s market cap up to $11.189B, or 0.47% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $158.500 to $163.400 in the previous twenty-four hours. Over the past seven… Source link

Bitcoin’s rocky weekend marked one of the first times a storm in traditional financial assets triggered big waves in cryptocurrencies, underscoring how large investors are playing an increasing role in digital asset markets. The price of the biggest cryptocurrency by market value tumbled $10,000 in just 60 minutes in the early hours of the London morning on Saturday to hit $42,222, according to the FT Wilshire blended bitcoin price index that tracks trading on leading crypto… Source link

Getty Images A computer scientist who claims to… Source link