CNBC Crypto Analyst Suggests Bitcoin Price Will Rally Higher

The $8,000 mark seems to be an important price point for crypto’s market leader, Bitcoin (BTC). Since its breakdown from $9,400, the digital asset has lost and regained the $8,000 level several times, sitting at $8,300 at press time. Much of the time, altcoins follow Bitcoin’s lead in terms of price, making the digital asset’s activity a strong indication of the current market state as a whole.  After a stark $1,700 drop in price on Sept. 24, Bitcoin and the rest of the cryptocurrency market seem to have taken a…

CNBC Trader Shades Bitcoin With Sarcastic ‘Beanie Baby’ Slam – CCN Markets

CNBC’s Joshua Brown sarcastically compared bitcoin to the Beanie Babies bubble and completely missed the point about cryptocurrency. | Source: Shutterstock; Edited by CCN By CCN Markets: On this day in 1999, TY inc. abruptly ended the sale of Beanie Babies. It marked the end of a wild toy craze that sent the value of some of these toys soaring and made collectors willing to pay thousands of dollars for a single bear. CNBC author and analyst Joshua Brown took the anniversary of the end of this historic bubble as…

CNBC Host Makes Persuasive Case for 500% Bitcoin Price Surge

In a clear sign of improving comprehension about the fundamentals driving the bitcoin price, newly minted “friend of crypto” Joe Kernen just made a convincing case on national television that the cryptocurrency could surge nearly 500 percent by next May. Citing the upcoming halving in 2020, the CNBC Squawk Box host noted the possibility of BTC/USD hitting $55,000 in just 10 months. Will bitcoin reach $55k by May 2020? @JoeSquawk discusses #btc with @StocktonKatie pic.twitter.com/r1b5rNhX1s — Squawk Box (@SquawkCNBC) July 29, 2019 Bitcoin Halving in 2020 Could Be Massive The…

CNBC Host Joe ‘Squawk’ Becomes an Unlikely Hero for Bitcoin

CNBC’s Joe Kernen claims he is being treated “like a god” on Twitter following a June 19 interview on Squawk Box where he questioned whether Facebook’s libra is a cryptocurrency. In the clip, posted by a bitcoin (BTC) advocate, Kernen said libra “doesn’t excite me at all” and argued that blockchain networks used by major coins add inherent value. Describing the libra, he added: “This is just based on the dollar. I don’t understand it — is it called a cryptocurrency? Well it’s not.” Crypto enthusiasts praised Kernen for his remarks — and said it marked…

Wall Street’s Bitcoin King Defends Crypto Against CNBC FUD

By CCN: CNBC in a recent interview shot a string of arrows seemingly to burst the so-called bitcoin price bubble. Nonetheless, the cryptocurrency emerged unharmed thanks to Bart Smith. The digital asset head of Susquehanna International Group, a Pennsylvania-based trading firm, appeared on Squawk Box to discuss what possibly drove bitcoin up 145% year-to-date. While admitting that it was difficult to narrow down a price rally into specific factors, Smith hinted that the root of bitcoin’s exceptional performance in 2019 maximally lied in one thing: optimism. He said: “There is…

Bitcoin Price | Brian Kelly Tells CNBC Watch for Rising Price

Bitcoin enthusiast and crypto fund manager Brian Kelly has told CNBC that Bitcoin price could rise further in the coming months. His prediction isn’t unfounded; there is an impending supply cut on the horizon and this should help to push prices higher. Brian Kelly Predicts Bitcoin Price will Rise In an interview on CNBC’s Fast Money program yesterday, May 21st, Kelly explained that “the halvening,” which is due to take place in 2020, will cut mining rewards in half. As such, he expects miners to begin hoarding BTC if they aren’t…

This Painfully Boring CNBC Crypto Debate Is Bullish as Hell for Bitcoin

By CCN: If you’re looking for reasons behind bitcoin’s recent price surge, this video tells the whole story. Because it’s so completely dull. Has bitcoin gone too far, too fast? Here’s how two traders are thinking about bitcoin futures. via @CNBCFuturesNow https://t.co/StSHvYGYD9 pic.twitter.com/aHKgt62GNe — CNBC (@CNBC) May 22, 2019 The two established analysts with decades of trading experience talk about bitcoin with maturity and logic. They make a strong case for allocating portfolio funds to crypto, and no-one mentioned bubbles or scams. The way people talk about bitcoin is changing,…

Microsoft Drops Bit Coin From Windows 10 | Tech Bet | CNBC

Windows 10 and Windows 10 Mobile users can no longer redeem bitcoins as payment on their Microsoft accounts. CNBC’s Morgan Brennan and Tom’s Guide Reviews Editor Mike Prospero discuss. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow…

Ethereum, A Virtual Currency, Rivals Bitcoin: The Bottom Line | CNBC

Rival Ethereum attracts both finance and technology giants after soaring more than 1,000% percent over the past three months. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram:…