I Would Short Ether Before Bitcoin, Says Citron's Andrew Left

"I'd rather short ether." Andrew Left, the activist short-seller behind Citron Research, told CoinDesk on Tuesday that he thinks both bitcoin and ether, the cryptocurrency of the ethereum network, are "bubbles." If he had to choose one, though, he'd bet on ether's price to fall. Left is known for writing …
Google Alert – bitcoin

Bitcoin price rise expected, with less than 4 million tokens left to be mined

The fewer Bitcoin there are left to be mined, the harder the mining process becomes. In fact, it's believed that the final Bitcoin will be mined in 2140 − more than a century from now. To put that into context, it's taken just over nine years to mine the first 17 million Bitcoin. This scarcity is widely expected to …
Google Alert – bitcoin

Bitcoin Prices To Zoom Further? Only 20% Cryptocurrency Coins Left To Be Mined

When Satoshi Nakamoto created the first bitcoin in January 2009, there were nearly 21 million coins left to be mined. The scope to create these many coins played a pivotal role in sending the bitcoin prices soaring lately. As more coins were mined, the higher rose the bitcoin's price. Conversely, as fewer …
Google Alert – bitcoin

Infamous short-seller Andrew Left scrambling for ways to bet against bitcoin

Opportunities to short, or bet against, bitcoin are "limited," "but they're nice and juicy, and Riot's one of them right now," Citron Research founder Left says on CNBC's "Fast Money." Riot Blockchain turned down a CNBC request to appear on "Fast Money." "No one at the company has been able to get in …
Google Alert – bitcoin