Bitcoin roars back, putting US$100,000 predictions in vogue again

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Bitcoin roars back, putting US$100,000 predictions in vogue again

The Straits Times2021-08-11

NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity. The world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...

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OPP
·2021-08-12
Thanks for sharing
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EHG
·2021-08-12
Like
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TBanger
·2021-08-12
Looks like it’s holding well for it.
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2
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Linglong8191
·2021-08-11
Like pls
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theMoon
·2021-08-11
Watching closely! And hopefully BTBT picks up too!
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Syin23
·2021-08-11
Really can go to 100,000...[驚訝] Wait and see
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1
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Meshaarias72
·2021-08-11
Like n comment pls
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Hinhin888
·2021-08-11
Time to buy in?
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3
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HENRYCSC
·2021-08-11
To the moon ???
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1
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ZEROHERO
·2021-08-11
Funds are exiting China market. Recovery stocks are affected by delta variant. Where would the funds go next? ?
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4
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JackTL
·2021-08-11
yummy lets go
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1
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GoodnRich
·2021-08-11
[Cool]
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tigernaut
·2021-08-11
?
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Ahvi
·2021-08-11
Tread carefully, could always come down; but then again if you believe in crypto, could just DCA the ‘blue-chip’ cryptocurrencies. Best time to buy in would still have been the crash a couple of months back around 28k usd.Assuming of course you didn’t already buy lower when it was first taking flight.
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Ktzy321
·2021-08-11
What’s your take on this? As bullish?
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DragonKC
·2021-08-11
Bitcoins are only for super big players. They can let it crash to very low and bring it up again to gain profit.
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Pluto891
·2021-08-11
speculation more than fundamental
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Fold Replies
- Foxie:
  Yes.
  2021-08-11
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Yonny
·2021-08-11
lol, welcome to the casino
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6
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CPF008
·2021-08-11
Wah bit coin rising
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nAonkA
·2021-08-11
Like pls
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2
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Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"COIN","symbol_name":"Coinbase Global, Inc.","start_time":0,"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","article_id":"2158401828","we_media_id":null,"thumbnails":[],"rights":{"source":"straits_highlight","url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","rn_cache_url":null,"customStyle":"","selectors":"body","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2158401828","pubTimestamp":1628674804,"columns":[],"sourceInfo":{"source_id":"straits_highlight","name":"Straits Times"},"weMediaInfo":null,"summary":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","collect":0,"end_time":0,"defaultTopTitle":"straitstimes.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"COIN":"Coinbase Global, Inc."},"translate_title":"比特币咆哮归来，让美国10万美元预测再次流行","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COIN":0.9},"content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","kind":"news","is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":895792693,"gmtCreate":1628771760312,"gmtModify":1676529848775,"author":{"id":"3587030474832187","authorId":"3587030474832187","name":"OPP","avatar":"https://static.tigerbbs.com/9d08e95ca3ed272bd428558fc0aae8bc","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3587030474832187","authorIdStr":"3587030474832187"},"htmlText":"Thanks for sharing&nbsp;","listText":"Thanks for sharing&nbsp;","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/895792693","repostId":2158401828,"repostType":4,"repost":{"id":"2158401828","kind":"news","pubTimestamp":1628674804,"share":"https://ttm.financial/m/news/2158401828?lang=&edition=fundamental","pubTime":"2021-08-11 17:40","market":"us","language":"en","title":"Bitcoin roars back, putting US$100,000 predictions in vogue again","url":"https://stock-news.laohu8.com/highlight/detail?id=2158401828","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin roars back, putting US$100,000 predictions in vogue again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin roars back, putting US$100,000 predictions in vogue again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158401828","content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":895393159,"gmtCreate":1628722922171,"gmtModify":1676529829384,"author":{"id":"3586941861951066","authorId":"3586941861951066","name":"EHG","avatar":"https://static.tigerbbs.com/28e4734e50f795c3218330cbb6c3e9a0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586941861951066","authorIdStr":"3586941861951066"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/895393159","repostId":2158401828,"repostType":4,"repost":{"id":"2158401828","kind":"news","pubTimestamp":1628674804,"share":"https://ttm.financial/m/news/2158401828?lang=&edition=fundamental","pubTime":"2021-08-11 17:40","market":"us","language":"en","title":"Bitcoin roars back, putting US$100,000 predictions in vogue again","url":"https://stock-news.laohu8.com/highlight/detail?id=2158401828","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin roars back, putting US$100,000 predictions in vogue again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin roars back, putting US$100,000 predictions in vogue again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158401828","content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":895075379,"gmtCreate":1628697905391,"gmtModify":1676529826400,"author":{"id":"3551275186417781","authorId":"3551275186417781","name":"TBanger","avatar":"https://static.tigerbbs.com/e8e895fbd3256856fdf038fc5d1c3bee","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3551275186417781","authorIdStr":"3551275186417781"},"htmlText":"Looks like it’s holding well for it.&nbsp;","listText":"Looks like it’s holding well for it.&nbsp;","text":"Looks like it’s holding well for it.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/895075379","repostId":2158401828,"repostType":4,"repost":{"id":"2158401828","kind":"news","pubTimestamp":1628674804,"share":"https://ttm.financial/m/news/2158401828?lang=&edition=fundamental","pubTime":"2021-08-11 17:40","market":"us","language":"en","title":"Bitcoin roars back, putting US$100,000 predictions in vogue again","url":"https://stock-news.laohu8.com/highlight/detail?id=2158401828","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin roars back, putting US$100,000 predictions in vogue again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin roars back, putting US$100,000 predictions in vogue again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158401828","content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":895060773,"gmtCreate":1628694919192,"gmtModify":1676529825161,"author":{"id":"4090106611802980","authorId":"4090106611802980","name":"Linglong8191","avatar":"https://static.tigerbbs.com/71a6ce91b1eb399b39912e57d7575d87","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4090106611802980","authorIdStr":"4090106611802980"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/895060773","repostId":2158401828,"repostType":4,"repost":{"id":"2158401828","kind":"news","pubTimestamp":1628674804,"share":"https://ttm.financial/m/news/2158401828?lang=&edition=fundamental","pubTime":"2021-08-11 17:40","market":"us","language":"en","title":"Bitcoin roars back, putting US$100,000 predictions in vogue again","url":"https://stock-news.laohu8.com/highlight/detail?id=2158401828","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin roars back, putting US$100,000 predictions in vogue again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin roars back, putting US$100,000 predictions in vogue again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158401828","content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":892710727,"gmtCreate":1628689186669,"gmtModify":1676529821866,"author":{"id":"4087612122042610","authorId":"4087612122042610","name":"theMoon","avatar":"https://static.tigerbbs.com/48ae7258b0caac70ed9e6d1542069c62","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087612122042610","authorIdStr":"4087612122042610"},"htmlText":"Watching closely! And hopefully BTBT picks up too!","listText":"Watching closely! And hopefully BTBT picks up too!","text":"Watching closely! And hopefully BTBT picks up too!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/892710727","repostId":2158401828,"repostType":4,"repost":{"id":"2158401828","kind":"news","pubTimestamp":1628674804,"share":"https://ttm.financial/m/news/2158401828?lang=&edition=fundamental","pubTime":"2021-08-11 17:40","market":"us","language":"en","title":"Bitcoin roars back, putting US$100,000 predictions in vogue again","url":"https://stock-news.laohu8.com/highlight/detail?id=2158401828","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin roars back, putting US$100,000 predictions in vogue again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin roars back, putting US$100,000 predictions in vogue again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158401828","content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":892792245,"gmtCreate":1628688717587,"gmtModify":1676529821590,"author":{"id":"3566638874866921","authorId":"3566638874866921","name":"Syin23","avatar":"https://static.tigerbbs.com/5fe07bbe04f288a17e760d8b275d427f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3566638874866921","authorIdStr":"3566638874866921"},"htmlText":"Really can go to 100,000...[驚訝]&nbsp;Wait and see&nbsp;","listText":"Really can go to 100,000...[驚訝]&nbsp;Wait and see&nbsp;","text":"Really can go to 100,000...[驚訝] Wait and see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/892792245","repostId":2158401828,"repostType":4,"repost":{"id":"2158401828","kind":"news","pubTimestamp":1628674804,"share":"https://ttm.financial/m/news/2158401828?lang=&edition=fundamental","pubTime":"2021-08-11 17:40","market":"us","language":"en","title":"Bitcoin roars back, putting US$100,000 predictions in vogue again","url":"https://stock-news.laohu8.com/highlight/detail?id=2158401828","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin roars back, putting US$100,000 predictions in vogue again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin roars back, putting US$100,000 predictions in vogue again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158401828","content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":892705753,"gmtCreate":1628688189172,"gmtModify":1676529821296,"author":{"id":"3577781617271173","authorId":"3577781617271173","name":"Meshaarias72","avatar":"https://static.tigerbbs.com/c5282cda6a9d3948fc067b21adcb578c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577781617271173","authorIdStr":"3577781617271173"},"htmlText":"Like n comment pls","listText":"Like n comment pls","text":"Like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/892705753","repostId":2158401828,"repostType":4,"repost":{"id":"2158401828","kind":"news","pubTimestamp":1628674804,"share":"https://ttm.financial/m/news/2158401828?lang=&edition=fundamental","pubTime":"2021-08-11 17:40","market":"us","language":"en","title":"Bitcoin roars back, putting US$100,000 predictions in vogue again","url":"https://stock-news.laohu8.com/highlight/detail?id=2158401828","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin roars back, putting US$100,000 predictions in vogue again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin roars back, putting US$100,000 predictions in vogue again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158401828","content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":892473735,"gmtCreate":1628687483627,"gmtModify":1676529820933,"author":{"id":"3584767133176281","authorId":"3584767133176281","name":"Hinhin888","avatar":"https://static.tigerbbs.com/09d0b49a63a181286f2206deb0f5083b","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0,"idStr":"3584767133176281","authorIdStr":"3584767133176281"},"htmlText":"Time to buy in?","listText":"Time to buy in?","text":"Time to buy in?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/892473735","repostId":2158401828,"repostType":4,"repost":{"id":"2158401828","kind":"news","pubTimestamp":1628674804,"share":"https://ttm.financial/m/news/2158401828?lang=&edition=fundamental","pubTime":"2021-08-11 17:40","market":"us","language":"en","title":"Bitcoin roars back, putting US$100,000 predictions in vogue again","url":"https://stock-news.laohu8.com/highlight/detail?id=2158401828","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin roars back, putting US$100,000 predictions in vogue again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin roars back, putting US$100,000 predictions in vogue again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158401828","content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":892440039,"gmtCreate":1628686257621,"gmtModify":1676529820516,"author":{"id":"3575091428590185","authorId":"3575091428590185","name":"HENRYCSC","avatar":"https://static.tigerbbs.com/6d47a6dec25b21dc547a5b982674c499","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575091428590185","authorIdStr":"3575091428590185"},"htmlText":"To the moon ???","listText":"To the moon ???","text":"To the moon ???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/892440039","repostId":2158401828,"repostType":4,"repost":{"id":"2158401828","kind":"news","pubTimestamp":1628674804,"share":"https://ttm.financial/m/news/2158401828?lang=&edition=fundamental","pubTime":"2021-08-11 17:40","market":"us","language":"en","title":"Bitcoin roars back, putting US$100,000 predictions in vogue again","url":"https://stock-news.laohu8.com/highlight/detail?id=2158401828","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin roars back, putting US$100,000 predictions in vogue again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin roars back, putting US$100,000 predictions in vogue again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158401828","content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":892456527,"gmtCreate":1628686019369,"gmtModify":1676529820430,"author":{"id":"3566532164444643","authorId":"3566532164444643","name":"ZEROHERO","avatar":"https://static.tigerbbs.com/62813b6df1c4722e559d112fadd5486a","vip":2,"crmLevel":8,"crmLevelSwitch":1,"idStr":"3566532164444643","authorIdStr":"3566532164444643"},"htmlText":"Funds&nbsp;are exiting China market. Recovery stocks are&nbsp;affected by delta variant.&nbsp;Where would the funds&nbsp;go&nbsp;next? ?","listText":"Funds&nbsp;are exiting China market. Recovery stocks are&nbsp;affected by delta variant.&nbsp;Where would the funds&nbsp;go&nbsp;next? ?","text":"Funds are exiting China market. Recovery stocks are affected by delta variant. Where would the funds go next? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/892456527","repostId":2158401828,"repostType":4,"repost":{"id":"2158401828","kind":"news","pubTimestamp":1628674804,"share":"https://ttm.financial/m/news/2158401828?lang=&edition=fundamental","pubTime":"2021-08-11 17:40","market":"us","language":"en","title":"Bitcoin roars back, putting US$100,000 predictions in vogue again","url":"https://stock-news.laohu8.com/highlight/detail?id=2158401828","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin roars back, putting US$100,000 predictions in vogue again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin roars back, putting US$100,000 predictions in vogue again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158401828","content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":892458206,"gmtCreate":1628685942805,"gmtModify":1676529820398,"author":{"id":"3581557493426416","authorId":"3581557493426416","name":"JackTL","avatar":"https://static.tigerbbs.com/851801800e7dc3457e5e60048a987880","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3581557493426416","authorIdStr":"3581557493426416"},"htmlText":"yummy lets go","listText":"yummy lets go","text":"yummy lets go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/892458206","repostId":2158401828,"repostType":4,"repost":{"id":"2158401828","kind":"news","pubTimestamp":1628674804,"share":"https://ttm.financial/m/news/2158401828?lang=&edition=fundamental","pubTime":"2021-08-11 17:40","market":"us","language":"en","title":"Bitcoin roars back, putting US$100,000 predictions in vogue again","url":"https://stock-news.laohu8.com/highlight/detail?id=2158401828","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin roars back, putting US$100,000 predictions in vogue again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin roars back, putting US$100,000 predictions in vogue again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158401828","content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":892451550,"gmtCreate":1628685898570,"gmtModify":1676529820383,"author":{"id":"3578561847510900","authorId":"3578561847510900","name":"GoodnRich","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3578561847510900","authorIdStr":"3578561847510900"},"htmlText":"[Cool]&nbsp;","listText":"[Cool]&nbsp;","text":"[Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/892451550","repostId":2158401828,"repostType":4,"repost":{"id":"2158401828","kind":"news","pubTimestamp":1628674804,"share":"https://ttm.financial/m/news/2158401828?lang=&edition=fundamental","pubTime":"2021-08-11 17:40","market":"us","language":"en","title":"Bitcoin roars back, putting US$100,000 predictions in vogue again","url":"https://stock-news.laohu8.com/highlight/detail?id=2158401828","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin roars back, putting US$100,000 predictions in vogue again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin roars back, putting US$100,000 predictions in vogue again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158401828","content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":892421345,"gmtCreate":1628685297087,"gmtModify":1676529820131,"author":{"id":"3567239827558758","authorId":"3567239827558758","name":"tigernaut","avatar":"https://static.tigerbbs.com/66e331c670eb88443b88c6bdb76224cf","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":1,"idStr":"3567239827558758","authorIdStr":"3567239827558758"},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/892421345","repostId":2158401828,"repostType":4,"repost":{"id":"2158401828","kind":"news","pubTimestamp":1628674804,"share":"https://ttm.financial/m/news/2158401828?lang=&edition=fundamental","pubTime":"2021-08-11 17:40","market":"us","language":"en","title":"Bitcoin roars back, putting US$100,000 predictions in vogue again","url":"https://stock-news.laohu8.com/highlight/detail?id=2158401828","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin roars back, putting US$100,000 predictions in vogue again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin roars back, putting US$100,000 predictions in vogue again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158401828","content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":892466913,"gmtCreate":1628684806732,"gmtModify":1676529819824,"author":{"id":"3574166160473753","authorId":"3574166160473753","name":"Ahvi","avatar":"https://static.tigerbbs.com/bd216b3fbf19641a7fe648254585ce79","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3574166160473753","authorIdStr":"3574166160473753"},"htmlText":"Tread carefully, could always come down; but then again if you believe in crypto, could just DCA the ‘blue-chip’ cryptocurrencies.&nbsp;Best time to buy in would still have been the crash a couple of months back around 28k usd.Assuming of course you didn’t already buy lower when it was first taking flight.&nbsp;","listText":"Tread carefully, could always come down; but then again if you believe in crypto, could just DCA the ‘blue-chip’ cryptocurrencies.&nbsp;Best time to buy in would still have been the crash a couple of months back around 28k usd.Assuming of course you didn’t already buy lower when it was first taking flight.&nbsp;","text":"Tread carefully, could always come down; but then again if you believe in crypto, could just DCA the ‘blue-chip’ cryptocurrencies. Best time to buy in would still have been the crash a couple of months back around 28k usd.Assuming of course you didn’t already buy lower when it was first taking flight.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/892466913","repostId":2158401828,"repostType":4,"repost":{"id":"2158401828","kind":"news","pubTimestamp":1628674804,"share":"https://ttm.financial/m/news/2158401828?lang=&edition=fundamental","pubTime":"2021-08-11 17:40","market":"us","language":"en","title":"Bitcoin roars back, putting US$100,000 predictions in vogue again","url":"https://stock-news.laohu8.com/highlight/detail?id=2158401828","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin roars back, putting US$100,000 predictions in vogue again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin roars back, putting US$100,000 predictions in vogue again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158401828","content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":892468624,"gmtCreate":1628684727568,"gmtModify":1676529819800,"author":{"id":"4087719824376500","authorId":"4087719824376500","name":"Ktzy321","avatar":"https://static.tigerbbs.com/66a1c6e8a91ec4b49afc6e9790b41017","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087719824376500","authorIdStr":"4087719824376500"},"htmlText":"What’s your take on this? As bullish?","listText":"What’s your take on this? As bullish?","text":"What’s your take on this? As bullish?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/892468624","repostId":2158401828,"repostType":4,"repost":{"id":"2158401828","kind":"news","pubTimestamp":1628674804,"share":"https://ttm.financial/m/news/2158401828?lang=&edition=fundamental","pubTime":"2021-08-11 17:40","market":"us","language":"en","title":"Bitcoin roars back, putting US$100,000 predictions in vogue again","url":"https://stock-news.laohu8.com/highlight/detail?id=2158401828","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin roars back, putting US$100,000 predictions in vogue again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin roars back, putting US$100,000 predictions in vogue again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158401828","content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":892461354,"gmtCreate":1628684581078,"gmtModify":1676529819784,"author":{"id":"3577178099298017","authorId":"3577178099298017","name":"DragonKC","avatar":"https://static.tigerbbs.com/f90c63c67a4e5f91e9dc0159f5b853ab","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3577178099298017","authorIdStr":"3577178099298017"},"htmlText":"Bitcoins are only for super big players. They can let it crash to very low and bring it up again to gain profit.&nbsp;","listText":"Bitcoins are only for super big players. They can let it crash to very low and bring it up again to gain profit.&nbsp;","text":"Bitcoins are only for super big players. They can let it crash to very low and bring it up again to gain profit.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/892461354","repostId":2158401828,"repostType":4,"repost":{"id":"2158401828","kind":"news","pubTimestamp":1628674804,"share":"https://ttm.financial/m/news/2158401828?lang=&edition=fundamental","pubTime":"2021-08-11 17:40","market":"us","language":"en","title":"Bitcoin roars back, putting US$100,000 predictions in vogue again","url":"https://stock-news.laohu8.com/highlight/detail?id=2158401828","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin roars back, putting US$100,000 predictions in vogue again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin roars back, putting US$100,000 predictions in vogue again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158401828","content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":892483090,"gmtCreate":1628683723710,"gmtModify":1676529819532,"author":{"id":"3581937910767045","authorId":"3581937910767045","name":"Pluto891","avatar":"https://static.tigerbbs.com/c9963f2ef3d3ad2aff28340461d3d6d0","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3581937910767045","authorIdStr":"3581937910767045"},"htmlText":"speculation more than fundamental","listText":"speculation more than fundamental","text":"speculation more than fundamental","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/892483090","repostId":2158401828,"repostType":4,"repost":{"id":"2158401828","kind":"news","pubTimestamp":1628674804,"share":"https://ttm.financial/m/news/2158401828?lang=&edition=fundamental","pubTime":"2021-08-11 17:40","market":"us","language":"en","title":"Bitcoin roars back, putting US$100,000 predictions in vogue again","url":"https://stock-news.laohu8.com/highlight/detail?id=2158401828","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin roars back, putting US$100,000 predictions in vogue again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin roars back, putting US$100,000 predictions in vogue again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158401828","content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5494768,"gmtCreate":1628684177826,"gmtModify":1663232228038,"authorId":3572988793196593,"author":{"id":3572988793196593,"idStr":"3572988793196593","authorId":3572988793196593,"name":"Foxie","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":892483090,"type":1,"supId":0,"prevId":0,"content":"Yes. ","text":"Yes. ","html":"Yes. "}],"langContent":"EN"},{"id":892489958,"gmtCreate":1628683620674,"gmtModify":1676529819509,"author":{"id":"3579612413176972","authorId":"3579612413176972","name":"Yonny","avatar":"https://static.tigerbbs.com/7a670199f288b462a1f2c0da783cc671","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":9,"crmLevelSwitch":1,"idStr":"3579612413176972","authorIdStr":"3579612413176972"},"htmlText":"&nbsp;lol, welcome to the casino&nbsp;","listText":"&nbsp;lol, welcome to the casino&nbsp;","text":"lol, welcome to the casino","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/892489958","repostId":2158401828,"repostType":4,"repost":{"id":"2158401828","kind":"news","pubTimestamp":1628674804,"share":"https://ttm.financial/m/news/2158401828?lang=&edition=fundamental","pubTime":"2021-08-11 17:40","market":"us","language":"en","title":"Bitcoin roars back, putting US$100,000 predictions in vogue again","url":"https://stock-news.laohu8.com/highlight/detail?id=2158401828","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin roars back, putting US$100,000 predictions in vogue again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin roars back, putting US$100,000 predictions in vogue again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158401828","content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":892415776,"gmtCreate":1628683324395,"gmtModify":1676529819429,"author":{"id":"3580799026700204","authorId":"3580799026700204","name":"CPF008","avatar":"https://static.tigerbbs.com/eafe0dc251ae8dbbfb7b0275b3daa5d1","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3580799026700204","authorIdStr":"3580799026700204"},"htmlText":"Wah bit coin rising","listText":"Wah bit coin rising","text":"Wah bit coin rising","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/892415776","repostId":2158401828,"repostType":4,"repost":{"id":"2158401828","kind":"news","pubTimestamp":1628674804,"share":"https://ttm.financial/m/news/2158401828?lang=&edition=fundamental","pubTime":"2021-08-11 17:40","market":"us","language":"en","title":"Bitcoin roars back, putting US$100,000 predictions in vogue again","url":"https://stock-news.laohu8.com/highlight/detail?id=2158401828","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin roars back, putting US$100,000 predictions in vogue again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin roars back, putting US$100,000 predictions in vogue again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158401828","content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":892413693,"gmtCreate":1628682669212,"gmtModify":1676529819306,"author":{"id":"3567471451546980","authorId":"3567471451546980","name":"nAonkA","avatar":"https://static.tigerbbs.com/2c5905f2cf61636f82bdd3d58203997c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3567471451546980","authorIdStr":"3567471451546980"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/892413693","repostId":2158401828,"repostType":4,"repost":{"id":"2158401828","kind":"news","pubTimestamp":1628674804,"share":"https://ttm.financial/m/news/2158401828?lang=&edition=fundamental","pubTime":"2021-08-11 17:40","market":"us","language":"en","title":"Bitcoin roars back, putting US$100,000 predictions in vogue again","url":"https://stock-news.laohu8.com/highlight/detail?id=2158401828","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin roars back, putting US$100,000 predictions in vogue again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin roars back, putting US$100,000 predictions in vogue again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158401828","content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":230,"commentSize":47,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}