Tag Archives: Hit

Bloomberg Says Bitcoin Will Hit $14,000 in 2020 Thanks to Gold

Bitcoin is going to boom this year. That’s the verdict, according to Bloomberg’s crypto’s outlook for 2020. Within the recently published report, Bloomberg market analyst Mike Mcglone outlines exactly how BTC can attain its 2019 high. Spoiler alert: it’s mostly to do with a correlation to gold. Continue reading Bloomberg Says Bitcoin Will Hit $14,000 in 2020 Thanks to Gold

Incarcerated Silk Road Founder Says Bitcoin Could Hit $100,000 in 2020

Bitcoin’s latest brush with six-month lows has attracted nasty commentary about the future of digital assets. Although the so-called bitcoin obituary hasn’t added any new listings since November, fund manager Peter Schiff is already consoling millennials about their foolish decision to dabble in the asset class. Continue reading Incarcerated Silk Road Founder Says Bitcoin Could Hit $100,000 in 2020

Bitcoin Extortionists Hit Fortune-500 Mexican Oil Giant Pemex for $5 Million

The hackers who hit Mexico’s state oil giant Pemex earlier this week with ransomware are demanding hundreds of Bitcoin in order to provide the decryption software. According to Bleeping Computer, the ransomware used to target the Fortune 500 firm is DoppelPaymer. So far Pemex believes that under 5% of its computers have been affected by the ransomware. The oil giant’s billing systems have been the most impacted by the cyberattack and the department has now resorted to a manual workaround. Continue reading Bitcoin Extortionists Hit Fortune-500 Mexican Oil Giant Pemex for $5 Million

Charlie Lee: ‘I Thought Litecoin Was Going to Hit $1,000’

Charlie Lee can’t seem to shake his reputation for offloading his Litecoin holdings near the peak. The Litecoin creator was
featured in a podcast with Morgan Creek Digital Partner Anthony Pompliano where he fielded some tough questions both about
his LTC portfolio and the state of the crypto industry. Something that you might not know is when Charlie decided to sell his
Litecoins when the cryptocurrency was trading at approximately $300 he expected the price to go much higher. He said on the
podcast: Continue reading Charlie Lee: ‘I Thought Litecoin Was Going to Hit $1,000’