Bitcoin Rebounds Following Tether Hack: Should Hit $10K by Year’s End

Written by:
Published on:

A shocking hack of crypto-currency Tether caused the price of Bitcoin to collapse but then climb right back up again.  Have no fear, says Mike Novogratz, founder at Galaxy Investment Partners, as he predicts Bitcoin will hit $10,000 in trading by year’s end.  That’s just a few weeks away.

Tether lost $31 million in value after a hack, raising concern about the safety of cryptocurrencies. Bloomberg News' Ed Robinson reports on "Bloomberg Markets."

Bookmaker is now accepting nearly all crypto-currencies

video News

Bitcoin Unfolding Like Dot Com Crash, Just 15 Times Faster

Bitcoin is behaving a lot like how the Nasdaq did around the dot-com bubble, but the timeline is unfolding 15 times faster, according to research published by Morgan Stanley.

Per Eriksson: Innovation is Key for NetEnt

“For us, it is trying to be different and innovation is key for NetEnt. We have a vision that we are driving the iGaming market,” NetEnt CEO Per Eriksson told

Those Who Cashed Out of Bitcoin at its Peak Stuck With Hefty Tax Bills

Those Who Cashed Out of Bitcoin at its Peak Stuck With Hefty Tax Bills

A Reddit user by the name of Thoway (his real identity concealed) is stuck owing the Internal Revenue Service (IRS) a hefty $50,000 despite making less than that as a $47,000-a-year-salaried office worker.

Bitcoin Uncensored: 'A Few Steps From Federal Prison If You Don't Beef Up on Legal Preparation'

Ken Nguyen of Coin Republic sits down at to talk tokens, ICOs, and SEC concerns.

Police Pursuit Leads to Shooting Outside Casino

Escondido Police shot and killed a man Saturday night steps away from the entrance to the Valley View Casino in North San Diego County, according to the San Diego Sheriff's Department.