Nasdaq, Fidelity Invest in Cryptocurrency Exchange Platform ErisX
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Nasdaq, Fidelity Invest in Cryptocurrency Exchange Platform ErisX
According to an article published by Reuters, on December 4, 2018, VC arms of Nasdaq and Fidelity Investments have funded a new cryptocurrency exchange named ErisX. The startup successfully raised a total of $27.5 million during its Series B funding round. Giants Throw Their Weight behind ErisX Per sources close to the matter, ErisX will provide users the opportunity to…. The post by Aisshwarya Tiwari appeared first on , bitcoin, Blockchain & Cryptocurrency News
Balancing The Ledger: Multicoin Capital’s Outlook for Ethereum, EOS, Ripple, and Litecoin I Fortune Kyle Samani, Managing Partner at Multicoin Capital, stops by Balancing The Ledger to share his investment theses. Subscribe to Fortune – […]
Volatility has briefly returned to markets post-Christmas, bitcoin currently circling $15,200 according to average trading prices, up from $13,680 Monday but coming down from the day’s high of $15,700.
The move has dampened altcoins, with a mixed bag of gains and losses greeting investors today. Civic, which surprised by posting sudden huge advances from $0.70 to as high as $1.68 in the past 24 hours, has now deflated to around $0.87.
Having a new round of bubble accusations last week as prices dipped below $13,000, bitcoin holders meanwhile are now “more bullish than ever.”
Those are the words of BitGo engineer Jameson Lopp, who led various high-profile supporters voicing their trust in bitcoin’s future and disregarding its current technical shortcomings.
“I’m more bullish on bitcoin today than I have been in the past 5 years. The developments underway that have been made public are only the tip of the iceberg,” Lopp wrote on Twitter Christmas Day.
I'm more bullish on bitcoin today than I have been in the past 5 years. The developments underway that have been made public are only the tip of the iceberg.
— Jameson Lopp (@lopp)
McAfee: Technical Issues Are ‘Trivial’
Also leading the bull charge was John McAfee, who asserted the current status quo of the bitcoin network – a key factor behind criticism from bitcoin Cash (BCash) proponents – was “trivial.”
“I have been a technician all of my life, so if anyone knows, it is me,” he continued. “The world is waiting on consensus for the right solution. bitcoin is still the only guaranteed investment in the crypto world.”
McAfee added separately that by the end of 2018, bitcoin would be “ten times” its current price, still conservative within the context of his .
Technical issues with bitcoin are trivial, including transaction times and costs. I have been a technician all of my life, so if anyone knows, it is me. The world is waiting on consensus for the right solution. bitcoin is still the only guaranteed investment in the crypto world.
— John McAfee (@officialmcafee)
At the same time, the security expert’s recent investment tips for altcoin assets have been roundly online after his picks “almost fully retraced,” as one commentator described.
What do you think about bitcoin’s current price activity? Let us know in the comments below!
