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Looking at the House Agricultural Committee’s Crypto Hearing

Some eyebrows were raised as word spread that the next hearing on cryptocurrencies in the U.S. House of Representatives was set for the farmer-focused House Agricultural Committee. In a pleasant surprise for the mystified, today’s July 18th hearing produced open-minded and overarching dialogue, even with bits of expected skepticism sprinkled throughout. The grand takeaways? Congress …

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Huge Inflow into Crypto Investment Fund Despite Bear Market

Crypto investment fund Grayscale has revealed it received record-breaking inflows of money during the first six months of 2018 even though the price of Bitcoin crashed from $20,000 to $7,000. Crypto Fund Receives Strong Backing Grayscale Investments released their first Digital Asset Investment report, which showed a large influx of money into their crypto investment...

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Mark Lasry Believes Bitcoin is Heading for $40,000, Invests 1% of Net Worth

An executive at the Avenue Capital Group has today stated that he thinks Bitcoin will eventually outperform its 2017 highs. Mark Lasry claimed that the asset is moving into the mainstream further and the launching of extra trading platforms will help drive the price to previously unseen levels. Hedge Fund Manager Holds 1% of Personal...

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‘Wow’: Ethereum Fees Higher Than Bitcoin’s For First Time Ever

fees ethereum

Ethereum traders were feeling the pressure July 18 after average transaction fees on its network surpassed Bitcoin’s for the first time in history. Ethereum ‘Benefited From Irrational Exuberance’ Data from monitoring resource Coin Metrics uploaded to Twitter Monday confirmed the unexpected reversal of fees, which compound an apparent lack of confidence in Ethereum’s outlook this week. A day after the fees episode, hedge fund Tetras Capital issued an outright “Bearish Thesis” on Ethereum, warning traders

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Hackers Encrypt Indian Hospital Data, Demand Bitcoin as Ransom

A prominent hospital in India’s wealthiest city Mumbai has become the latest victim of a ransomware attack. The actors behind the malware have encrypted hospital data and are demanding ransom in bitcoin to relinquish control of data.  Also see Novogratz: ‘A Herd of Institutional Investors’ Will Run Into Crypto Subscribe to the Bitsonline YouTube channel for great videos …

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‘We’re In It For The Long Haul’ — CheapAir CEO on Dropping Coinbase [Interview]

CheapAir

Bitcoinist caught up with CheapAir CEO Jeff Klee to find out why exactly his company just switched from Coinbase to BTCPay Server. CheapAir.com has decided to double down in its support of Bitcoin at a time when many retailers, including Expedia, have made the difficult decision to drop Bitcoin payments due to problems with merchant processors like Coinbase and BitPay. [M]ost industries will have to come along and start expanding acceptable payments beyond fiat currencies.

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Investor Buy Signal to ‘Make a Killing’ is the Next Bitcoin Death

An investment analyst has predicted the ‘death of Bitcoin’ articles will show the key moment to invest in Bitcoin. Following the ‘bubble popping’ over the last year, the analyst claims that this will be the buy signal for him and others to invest. No Such Thing as Bad Press Bitcoin has ‘died’ countless times according...

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Bitcoin Price Chart Shows ‘Huge Bull Signal,’ Says Tom Lee

Tom Lee Futures Bitcoin price

Fundstrat Global Advisors’ Managing Partner and Chief Analyst Tom Lee said that the current Bitcoin price is giving a “huge bull signal”. Tom Lee on Sudden Spike in Bitcoin Price After a week of trading in the range between $6150 and $6750, Bitcoin (BTC) broke out, surging past $7000 in roughly around five minutes July 17, reaching highs above $7500 on some exchanges. While many are still trying to figure out the exact catalyst of

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