Ellen DeGeneres on Bitcoin: It's 'Either Worth $20000 or Nothing'

Bitcoin had a decidedly mainstream moment this week: during a segment on the talk show hosted by comedian Ellen DeGeneres. DeGeneres took a few pot-shots at the cryptocurrency, joking to her audience that it's like "a plot twist in a confusing movie." "Everybody is talking about bitcoin," she went on …
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Bitcoin is retesting the $10000 level – here's why it's so important

Last November, the price of bitcoin crossed the $ 10,000 level for the first time. The rest of 2017 was an explosive ride, shooting up near $ 20,000 per coin before closing out the year just above $ 13,400. Now, we're right back to last November, making note of bitcoin breaking above $ 10,000 Thursday …
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It's not just bitcoin — 'this is the everything bubble,' analyst Peter Boockvar warns

Bitcoin's price slump could signal another stock market shock is coming, according to Bleakley Financial Group's Peter Boockvar. "If bitcoin resumes its decline here, I think that equity investors should pay attention. It's a sign that maybe risk aversion is creeping into the markets again," the firm's chief …
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PSA: No India hasn't banned Bitcoin — but it's still talking tough on crypto

On Thursday a budget speech by finance minister Arun Jaitley generated a tsunami of 'the Bitcoin party is over in India' headlines, adding to downward pressures on the cryptocurrency. Safe to say, the truth of the matter is a lot more gray. Yes, Jaitley talked tough on crypto currencies. But no, there was …
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Bitcoin could be here for 100 years but it's more likely to 'totally collapse,' Nobel laureate says

"It reminds me of the Tulip mania in Holland in the 1640s, and so the question is did that collapse? We still pay for tulips even now and sometimes they get expensive. (Bitcoin) might totally collapse and be forgotten and I think that's a good likely outcome but it could linger on for a good long time, it could …
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Bitcoin's on a wild ride, but investors have shown it's here to stay, analyst says

Despite its recent price whipsaw, bitcoin has gained legitimacy with investors and is here to stay, according to Spencer Bogart, a partner and head of research at Blockchain Capital. Bitcoin has been on a jolting ride this year after soaring more than 1,200 percent in 2017. It rose 30.9 percent Thursday, …
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Bitcoin's price has fallen, but it's still using more energy than New Zealand

The price of the digital cryptocurrency Bitcoin fell this week by half from a peak last month of $ 19,500 per “coin.” When the price was soaring in December, there was a huge speculation frenzy. But as of Wednesday, Bitcoin was trading as low as $ 9,200 in a drop almost as sharp and sudden as the …
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Visa CEO: We won't process transactions in bitcoin, because it's not a payment system

Bitcoin, the world's largest cryptocurrency, is not really money and Visa won't touch it, the credit card giant's CEO told CNBC. "I don't view it as payment system player," Alfred Kelly said in an interview recorded on Tuesday at the National Retail Federation conference in New York City. Despite the …
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