Predictions

Report: Mood About Crypto Markets Changes Two Months After Trends

2 weeks ago admin2 Comments Off on Report: Mood About Crypto Markets Changes Two Months After Trends
It takes about two months for the public sentiment to adjust to new trends in the cryptocurrency markets. That’s according to a recently published report whose authors have examined the changes in the opinions of thousands of active followers of crypto markets over a period of nine months. They found that the collective mood can Read More

Forrester Research: 90% of Blockchain Initiatives by US Firms Will Never Become Operational

3 weeks ago admin2 Comments Off on Forrester Research: 90% of Blockchain Initiatives by US Firms Will Never Become Operational
About 90 percent of currently active U.S. companies’ blockchain initiatives will ultimately be abandoned. This statistic comes from a study by Forrester Research, cited by Bloomberg in an article July 31. The U.S. market research firm Forrester Research predicts that most of blockchain-powered projects initiated by American companies will be put on hold in 2018. Read More

Analyst Predicts Bitcoin Price Rebound Above $10,000 by 2019

2 months ago admin2 Comments Off on Analyst Predicts Bitcoin Price Rebound Above $10,000 by 2019
Todd Gordon, founder of TradingAnalysis.com predicted Bitcoin (BTC) to drop to $4,000 prior to a rebound above $10,000 by 2019 on CNBC’s Stock Draft June 22. Gordon suggested that BTC will drop below $5,000, subsequently hitting $10,000 by the end of the year, citing significant market volatility to be the main reason. When asked to Read More

Fundstrat’s Lee Admits Poor Prediction of Bitcoin Rally, Still Expects $25k Price by Year End

3 months ago admin2 Comments Off on Fundstrat’s Lee Admits Poor Prediction of Bitcoin Rally, Still Expects $25k Price by Year End
Co-founder and head of research at Fundstrat Global Advisors, Thomas Lee has admitted that his prediction of a Bitcoin rally after the Consensus conference was wrong. Lee has claimed that the crypto market still “faces significant internal resistance and hurdles within traditional financial institutions,” Bloomberg reports May 18 Having accurately predicted the growth of crypto Read More

Co-Founder Of Ripple, Stellar: Blockchain Needs To Be Decentralized To Be Successful

5 months ago admin2 Comments Off on Co-Founder Of Ripple, Stellar: Blockchain Needs To Be Decentralized To Be Successful
Jed McCaleb, the co-founder of Ripple (XRP) and Stellar (XLM), as well as the creator of the infamous Mt. Gox cryptocurrency exchange, claimed that cryptocurrency and its underlying technology, Blockchain, should remain decentralized in order to succeed in the future, CNBC reported Friday, March 23. In an interview on CNBC’s Fast Money, McCaleb said that Read More

Tom Lee Predicts Bitcoin To Reach $91,000 by March 2020, Based On Performances After Past Dips

5 months ago admin2 Comments Off on Tom Lee Predicts Bitcoin To Reach $91,000 by March 2020, Based On Performances After Past Dips
Fundstrat’s Tom Lee has forecasted that Bitcoin’s price will reach $91,000 by March 2020, basing his prediction on a chart that shows Bitcoin’s (BTC) performances after past market dips, Forbes reported March 17. Lee and Fundstrat used an average of the percentage gained in price after each dip to arrive at the 2020 figure. The Read More

At $160 Bln, Bitcoin’s Market Cap is Larger Than That of Once World’s Largest Company

9 months ago admin2 Comments Off on At $160 Bln, Bitcoin’s Market Cap is Larger Than That of Once World’s Largest Company
Bitcoin has surpassed the market cap of General Electric, which was once the largest company in the world, by $30 bln. At $160 billion, Bitcoin’s market cap just passed GE’s. Yes, that GE:Founded in 1892Once the largest company in the world295,000 employees$123 billion in revenue$BTC.X $GE pic.twitter.com/XDqjW2l5Ns — Charlie Bilello (@charliebilello) November 27, 2017 GE, Read More

So Long, $10k: Bitcoin Price Unstoppable As $11,000 Becomes New Benchmark

9 months ago admin2 Comments Off on So Long, $10k: Bitcoin Price Unstoppable As $11,000 Becomes New Benchmark
Despite hitting $10,000 among major exchanges just hours ago, Bitcoin has already tackled $11,000 as markets show no signs of slowing. The first hours of Wednesday saw $10,000 come and ago on Coinbase, Bitstamp, Bitfinex and others, with trading continuing to just below $10,700 before a correction. That correction was short-lived, however, with Bitcoin then Read More

Ronnie Moas Sets New Sights for 2018 – $14,000 on the Cards

9 months ago admin2 Comments Off on Ronnie Moas Sets New Sights for 2018 – $14,000 on the Cards
Less than two weeks ago, Standpoint Research’s Ronnie Moas, who is famed for his stock picking, put another target prediction for Bitcoin to reach for 2018, eyeing $11,000. Having seen many of his targets smashed earlier than expected, the Bitcoin Bull has moved the goalposts again. Moas now predicts that Bitcoin will be at $14,000 Read More

Jim Rogers Smells a Bitcoin Bubble

9 months ago admin2 Comments Off on Jim Rogers Smells a Bitcoin Bubble
Jim Rogers, the famous investor guru and founder of the Rogers International Commodity Index (RICI) has expressed his opinion that Bitcoin “looks and smells” like a bubble. His investment advice includes bullish outlooks on any number of investment fields but is bearish on Swiss Francs and Bitcoin. Rogers, now 75, does say that he’s missed Read More