Bitcoin The King Of Cryptocurrencies

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  Bitcoin has shot back above the $35,000 mark at the time of writing. This is about $2,000 higher than where it stood yesterday. The currency is once again bringing itself up the financial ladder, and it looks like the asset is beginning to earn all kinds of celebrity endorsements from the likes of singer Lindsay Lohan and others. Lindsay Lohan Is Pushing Bitcoin Bitcoin has always a big celebrity attractor. Many figures who can be classified as rich and famous have turned their sights to bitcoin either to invest in it or to learn more about it. Recently, Maisie Williams of “Game of Thrones” fame took to Twitter to ask her many followers more about the digital currency and decide about whether it should be included in her portfolio. Lindsay Lohan has put out a paid video message predicting where the cryptocurrency could potentially go in the coming future. She’s suggesting a $100,000 price for bitcoin and a $10,000 price for Ethereum. Her predictions align with those like Tom Lee ...

 ECB President Christine Lagarde has expressed her thoughts on BTC in a recent interview, claiming the asset needs to be regulated on a “global level.” Christine Lagarde: Bitcoin Must Be Globally Regulated In her opinion, bitcoin has given people open doorways to numerous financial crimes such as money laundering. Thus, without global regulation in play, these doors can never be closed. She mentioned that bitcoin is not a currency. Instead, it is a rather “highly speculative asset which has conducted some funny business and some interesting and totally reprehensible money laundering activity.” One of the problems she has with bitcoin is that it is still so vulnerable to price swings. This is part of the reason as to why she claims it is not a valid currency. With bitcoin’s sudden spikes in recent months, the asset remains as volatile as ever. It just so happens that this volatility is potentially working for traders at the time of writing. However, the currency is now trading about...