Bitcoin ponzi schemer Amit Bhardwaj pledges to return money to his victims
Will begin @ 2pm EST.
Edit: the hearing this morning, **Cryptocurrencies: Oversight of New Assets in the Digital Age**, can also be found here: [https://www.youtube.com/watch?v=_O9s4fuzvbQ](https://www.youtube.com/watch?v=_O9s4fuzvbQ)
Perhaps due to some more positive news, the market is starting to feel like it is beginning to step up again. Having defended $6,000 last week, Bitcoin (BTC) appears to be building momentum for a price rise.
Several technical analysis experts have done a good job of analyzing the general direction of the price of Bitcoin in the coming months. But it seems that the news announcements with regard to institutional money appeared poised to flow into the cryptocurrency market has had a positive effect on the sentiment of the markets.
Starting with the Coinbase listings report, the market has seen good growth from the weekends and now the new Coinbase news about getting the go ahead to list crypto assets with “securities” label is getting some positive feedback. Also, another welcome news is the asset-management giant BlackRock has confirmed that it has established a working group to explore cryptocurrencies and blockchain technology.
You can read full article at [https://dna.coinve.st/news/articles/2018-07-17/Crypto_Surge_Triggered_By_News_of_Institutional_Money_Coming_in@_BTC_Gaining_Ground_at_$6700_](https://dna.coinve.st/news/articles/2018-07-17/Crypto_Surge_Triggered_By_News_of_Institutional_Money_Coming_in@_BTC_Gaining_Ground_at_$6700_)
“There’s currently about $10 trillion parked in sovereign bonds with *negative* yields. People are paying countries to borrow money from them… $10 trillion worth. This may be the greatest bubble of our lifetimes, and makes me very bullish on fiat alternatives.”
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