CNBC Covfefe: Bitcoin Price Could Hit $100,000 in 10 Years
Kay Van-Petersen, an analyst at Saxo Bank, told CNBC that Bitcoin price could hit $100,000 in the next 10 years. Cointelegraph previously reported that the daily trading volume of the cryptocurrency market was nearing that of major stock markets. However, the cryptocurrency market’s trading volume is still only a fraction of leading stock markets such as NASDAQ. In order for the cryptocurrency market to surpass the trading volumes of major stock markets, it has to surpass a trillion dollar market cap. In an interview with CNBC, Van-Petersen stated that Bitcoin alone will most likely....
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Donald Trump’s seemingly erroneous covfefe tweet has sent the Internet into overdrive - including the cryptocurrency sphere. As pundits puzzled over the circumstances behind Trump’s mysterious utterance, Core developer Jeff Garzik was among the first to capitalize on the fallout. In response to his challenge to issue an ERC20 token by the name of “covfefe,” such a token was promptly created. Whether an ICO or similar will become available in the future is yet to be seen. Trump is known for his often provocative Twitter posts, yet has now appeared to have deleted the original covfefe....
Blockchain solutions encroach into various parts of mainstream adaptation today. The attention economy is also beginning to experience increased Blockchain application. "Global covfefe, if we use a term recently coined by Donald Trump, will never be the same." Increasing use case scenarios explain the significant growth being observed in the Blockchain industry, especially with regards to the value of associated cryptocurrencies. A number of Blockchain startups are focusing on decentralized social media content and participation reward that is based on protocols built....
Bitcoin is making headlines left and right on media outlets everywhere, but none more so than CNBC. According to a well respected journalist, during a segment on CNBC it was said that gold would be trading at $3,000 an ounce if it wasn’t for Bitcoin. Here’s why that statement is probably true, and why the […]
Litecoin founder Charlie Lee spoke on CNBC, explaining the differences between Litecoin and Bitcoin. He reiterated past comments on it being cheaper and faster. But, what’s interesting is that CNBC rarely gives much coverage to LTC, yet Lee had the opportunity to promote his project to a mainstream audience. Litecoin is One of a Few […]
CNBC Portraying BTC As A Store Of Value Isn't Pessimistic As It Outlines The Electronic Cash's Path To Full Monetization.