Coinbase has spent much of this week in the weeds over its decision not to accept the newly minted digital currency bitcoin cash. But the company could reverse that decision in the next few days, an investor told Business Insider. “I think the company will be in a position to make an announcement in the next few days, and one could be supporting bitcoin cash in due course,” said Barry Schuler, a partner with DFJ, an investor…"A Coinbase investor says the platform might reverse its bitcoin cash ban in the next few days"
Howard Marks, billionaire investor and founder of Oaktree Capital Management is adamant about his stance on cryptocurrencies like bitcoin, Ether and others: “They’re not real.” Marks reiterated this three times to clients Wednesday in his latest Oaktree memo. “I’d guess these things have arisen from the intersection of (a) doubts about financial security — including the value of national currencies — that grew out of the financial crisis an (b) the comfort felt by millennials regarding…"Billionaire investor Howard Marks says cryptocurrencies ‘aren’t real’"
Bitcoin has been the top-performing currency in the world in six of the past seven years, climbing from zero to a value of about $ 1,190. But the cryptocurrency isn’t anywhere close to its potential, according to Jeremy Liew, the first investor in Snapchat, and Blockchain CEO and cofounder Peter Smith. In a presentation sent to Business Insider, the duo laid out their case for why it’s reasonable for bitcoin to explode to $ 500,000 by…"The first investor in Snapchat thinks bitcoin could realistically be worth $500,000 by 2030"