Raoul Pal

Bitcoin Below $60K for the First Time in 10 Days – Should You Buy the Dip?

Bitcoin is below $60,000 for the first time in over 10 days after what many crypto investors saw as an anticlimactic break of all-time highs. After spending 6 months below its previous all-time high just short of $65,000, Bitcoin made it all the way back and managed to break $66,000 before losing steam. At the time of writing, BTC is trading just above $59,000.  Aside from a few select altcoins, almost the entire crypto market followed Bitcoin’s lead today by making a downward move. As is often the case, excess

SEC Crypto Mom Greets Pro-Crypto Acting Chairman

SEC Commissioner Hester Price tweeted on Dec. 24 her congratulations to fellow commissioner Elad Roisman on his promotion. Congratulations, Chairman Roisman! I look forward to your leadership of the SEC.— Hester Peirce (@HesterPeirce) December 24, 2020 Securities and Exchange Commissioner (SEC) Roisman’s appointment is not official. The SEC and White House have not confirmed the fact. However, Commissioner Price, known to the crypto community as Crypto Mom, did tweet her greetings. Feat of Clayton at SEC The move comes a day after SEC Chairman Jay Clayton announced his immediate departure.

A Bitcoin Christmas Present: New All-Time High!

Bitcoin hit $24,680 in a brief leap around 12.00 UTC. At the time of this writing, BTC remains just a touch above $24,000. The BTC all-time high (ATH) made for a nice holiday greeting. Gemini Exchange co-founder and crypto bull Cameron Winklevoss tweeted his regards after the peak hit: Rollercoaster Week Just days after hitting new ATH’s, bitcoin reached a new peak on Dec. 25. While not the $25,000 present some were asking for under their tree on Christmas Day, the $24,600 handle at least probably puts that figure psychologically

Lukka Co-CEO Explains How Blockchain Data Saves on Taxes

On July 30th, over thirty of crypto’s top minds gathered for the largest single-day livestream trading event of its kind. Nine star-studded panels included mainstream trading expert Jon Najarian, macro investors Mike Novogratz and Raoul Pal, and technical analysis specialists Erik Crown and Tone Vays, among many others. Head over to the Cointelegraph YouTube channel now to watch the full recording of Cointelegraph Crypto Traders Live!The Cointelegraph Crypto Traders Live event was made possible by data company Lukka. Lukka focuses on processing blockchain and tokenized asset data to support normal

Bitcoin Is Better Than Gold Right Now: Galaxy Digital’s Mike Novogratz

Eyes are starting to fall on both Bitcoin and gold as money printing continues. Case in point: It was revealed that Warren Buffett through Berkshire Hathaway sold many bank stocks while acquiring Barrick Gold shares. There is a debate in certain circles over what investment is better in the current macroeconomic environment, gold or BTC? According to Mike Novogratz, Bitcoin is likely better than the precious metal. This is a sentiment that has also been said by players like Raoul Pal, a former Goldman Sachs partner. Bitcoin Is Better Than

A Top Gold Bull Thinks an Exponential Bitcoin Price Expansion Is Imminent

Bitcoin has stalled after failing to hold above $12,000 for the second time in two weeks. The cryptocurrency trades at $11,450 as of this article’s writing, below the ever-important $11,500 level. Despite this weakness in the price of BTC, analysts remain long-term bullish on this nascent market. Joining his contemporary Raoul Pal, macro investor and gold bull Dan Tapiero says Bitcoin could soon go exponential. In a tweet published on August 10th, the BTC bull mentioned that the asset could literally 5-10x in the years ahead. This is a sentiment