Bitcoin could 'easily double' in 2018, says Fundstrat's Tom Lee

One of Wall Street's biggest bitcoin bulls says the cryptocurrency could "easily double" or even triple in 2018. In August 2017, Tom Lee, co-founder and head of research at Fundstrat Global Advisors, predicted bitcoin's rally above $ 10,000 and declared that the digital currency would outperform equities …
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British Bank Says “No” to Crypto Firms from Gibraltar (news.bitcoin.com)

Less than a week since it started licensing blockchain businesses, Gibraltar has received bad news from the United Kingdom. A leading British bank has refused to process orders from crypto firms based in the overseas territory. Gibraltan banks are now on the lookout for another UK banking partner.
Also read: Britain: Where

Bitcoin

Merrill Lynch bans its clients, advisors from trading bitcoin-related investments, report says

The ban prevents the financial giant's roughly 17,000 advisors from pitching investments related to bitcoin and executing client requests to trade Grayscale's bitcoin investment trust (GBTC), The Wall Street Journal said, citing a person familiar with the matter. "The decision to close GBTC to new …
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Blockchain Capital partner says bitcoin could easily trade over $50000 in 2018

Bitcoin has strong potential to reach $ 50,000 in 2018 because of growing interest among both retail and institutional investors, Blockchain Capital partner Spencer Bogart said. Bogart said he thinks value will grow for both cryptocurrencies and blockchain businesses, so he's staying invested in both.
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Bitcoin rises after report says early Facebook investor Peter Thiel is buying massive amounts

Peter Thiel's Founders Fund has bought millions of dollars in bitcoin, The Wall Street Journal reported Tuesday, citing sources familiar with the situation. Those holdings are worth hundreds of millions of dollars, the newspaper says. It wasn't clear whether Founders had sold any of its holdings, the report …
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