ECB’s Lagarde Calls For Global Regulation Of “Reprehensible” Bitcoin

Authored by Paul Joseph Watson via Summit News,President of the European Central Bank Christine Lagarde has called for global regulations on Bitcoin, labeling the cryptocurrency “reprehensible.”Lagarde made the comments during a Reuters Next conference earlier today, during which she asserted that Bitcoin was not a currency.“When you look at the...

How Bitcoin Gets To $100,000 Next: Morgan Stanley Boosts Stake In Microstrategy, Opening The Floodgates

Back on August 11, when bitcoin was still trading just above $10,000, publicly traded business intelligence firm Microstrategy (MSTR) made a transformational announcement: the company said that it has purchased 21,454 bitcoins at an aggregate purchase price of $250 million, a purchase made "pursuant to the two-pronged capital allocation strategy"...

Crypto Assets Top $1 Trillion Market Cap As Novogratz Sees New Stimulus Checks Funding More Bitcoin Buying

Amid the chaotic scenes in DC yesterday, and confirmation that both Democrats won their Georgia Senate seats, cryptocurrency prices have accelerated higher once again, crossing the stunning level of $1 trillion in total market capitalization for the first time in history...Source: CoinMarketCap“The more that people perceive that their assets, particularly...

JPMorgan Flip-Flops Again, Says Bitcoin May Hit $100,000 “But Such Price Levels Would Be Unsustainable”

Back at the start of November, JPMorgan quant NIck Panigirtzoglou - perhaps tasked with being the skeptic in-house bitcoin strategist - predicted that based on position indicators and technicals, "bitcoin's overbought positions by momentum traders such as CTAs could trigger profit taking or mean reversion flows over the near term."...

Ethereum Erupts Higher, Bitcoin Nears $35k; What’s Next?

While Bitcoin has been stealing the headlines, it was Ethereum's turn overnight as the number 2 crypto spiked back above $900 for the first time since Feb 2018...Source: BloombergEthereum still has over $400 to go to reach its record highs...Source: BloombergBitcoin also pushed higher overnight, nearing $35,000, after correcting sharply...