Billionaire venture capitalist Tim Draper says his bitcoin price forecast of $250,000 by 2022 understates the power of BTC. Inflation and Government Distrust Will Boost Bitcoin Price Speaking to BlockTV, Draper described his famous $250,000 bitcoin price forecast as being conservative. According to Draper: $250,000 means that bitcoin would then Continue Reading
Bitcoin’s strong and stable performances in 2019 have been undeniable. As the cryptocurrency’s returns continue to outperform gains seen in traditional market stalwarts (i.e. gold, silver, and the S&P 500), many traders are making comparisons to its relative strength within the market. A recent tweet from crypto analyst @BitcoinEcon has Continue Reading
The high inflation figures for altcoins like ZCash (ZEC) and XRP are providing yet another basis for the “bitcoin is king” argument. Indiscriminate Dumping Hurting Altcoin Value Tweeting on Friday (September 13, 2019), economic and crypto analyst, Alex Krüger highlighted the relationship between high inflation figures and poor price performance Continue Reading
According to BTCC co-founder Bobby Lee, bitcoin price could reach $200,000 in a very short space of time from now. Bitcoin Will Exceed $20,000 Speaking to Yahoo Finance UK, the founder of China’s first bitcoin exchange platform declared that the bitcoin price could continue to reach greater heights. According to Continue Reading
Sportsbet.io, the sponsor of Premier League Watford FC, made waves after putting the Bitcoin (BTC) logo on the team’s uniforms. Changpeng Zhao, the CEO and Founder of leading crypto exchange, Binance, has voiced his approval of the new endorsement. Premier League Team First to Wear Sportsbet, BTC Logos Watford will Continue Reading
An NBA basketball player for the Brooklyn Nets, Spencer Dinwiddie, is converting his multi-million dollars contract into a digital token investment vehicle, according to The Athletic’s sources. Dinwiddie To Securitize NBA Contract The disruptive effects of cryptocurrencies and blockchain technology are permeating all industries and sectors, including the world of Continue Reading
Ethereum has big plans to address scaling issues, a transition to Proof-of-Stake, and essentially upgrade to ETH 2.0. Meanwhile, the often-overlooked Ethereum Classic appears to have big plans of its own, like perhaps taking over from ETH 1.0. Some have even suggested that this was the plan from the start. Continue Reading
The UK is the world’s leader for registered crypto exchanges, with 43 market operators, shows research by CrystalBlockchain. A mix of favorable regulations and a concentration of wealth builds the rest of the list, forming several curious hotspots of cryptocurrency activity. Liberal Crypto Regulations and Capital UK: The United Kingdom Continue Reading
Most of the centralized bitcoin and cryptocurrency exchanges saw a decline in activity during the last 30 days, according to TokenAnalyst data. Bitstamp is the only exchange to experience increased flow. Bitstamp is Amongst Best Performers in Terms of Net Flow Major crypto exchanges like Binance and Bitfinex saw their Continue Reading
China’s central bank is reportedly making strides towards launching a digital currency (not a cryptocurrency) tied to the yuan. Here are three things to know about the proposed central bank digital currency (CBDC). Financial Monitoring and Control Anyone remotely familiar with China knows that electronic payments are already a huge Continue Reading
Bitcoin price has been pretty much trading sideways since it pushed past the psychological $10,000 barrier in June. Noted crypto bull and analyst Josh Rager called for a critical resistance level for BTC that month. Bitcoin could register new highs if it ‘closes above the $11,700 launchpad level’ he said. Continue Reading
Blockchain startup Bitcoin SV is losing its hash rate profile to rival projects, according to data provided by Coin Metrics. Where Are All the Miners? The data analysis firm found that Bitcoin SV’s hash rate market share touched its all-time low as of September 9, 2019. At its peak, Bitcoin Continue Reading
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