Stock Analytics Firm Lowers BTC Year-End Price Prediction by Nearly 17%
Stock analytics firm Trefis lowers their year-end Bitcoin price prediction from $15,000 to $12,500, a decrease of nearly 17% Go to Source Powered by WPeMatico
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Bitcoin in Brief Tuesday: Positive Predictions Meet Negative Prognosis
In times when cryptocurrency markets are experiencing a relatively significant dip, some influential voices continue to sound optimistic. We cover these opinions in today’s edition of Bitcoin in Brief. Of course, positive predictions are almost always balanced by some negative expectations; in this case they are part of a short-term prognosis. Also read: Bitcoin in … Read more
Buy Bitcoin, Sell Your Altcoins, Says Pioneering Wall Street Blockchain Analyst
Bitcoin remains a strong buy and will see at least $10k by the end of 2018, but many other altcoins are “overvalued,” says analyst Spencer Bogart Go to Source Powered by WPeMatico
Fundstrat’s Lee Admits Poor Prediction of Bitcoin Rally, Still Expects $25k Price by Year End
Fundstrat’s Tom Lee admits that his Consensus BTC rally prediction ‘did not happen,’ but still expects Bitcoin to reach $25k by year end Go to Source Powered by WPeMatico
Nvidia Reports $289 Million Revenue from the Crypto Sector in Q1
Graphics card manufacturer Nvidia has announced its revenues for the first quarter, mentioning separately the amount generated from sales to the crypto market. The total includes $289 million related to GPUs for cryptocurrency mining, according to a corporate report. Demand from crypto miners was stronger than expected, the company noted. Also read: New Player … Read more
Fundstrat’s Robert Sluymer Says Crypto Market Technicals Suggest Buying
Fundstrat’s Robert Sluymer analyzes #Bitcoin, #Ethereum markets on CNBC, concluding that “you want to be buying” Go to Source Powered by WPeMatico
Crypto Market Hitting $40 Trln In 10 Years “Definitely Possible”, Says Pantera Capital CEO
The CEO of Pantera Capital, a $1 bln crypto hedge fund, says it’s “definitely possible” the crypto market could hit “$40 trln” within ten years. #NEWS Go to Source Powered by WPeMatico
BTC Is Better Than Gold “On Every Front”, Says Hedge Fund Manager
Hedge Fund Manager John Pfeffer says BTC is better than gold “on every front,” predicts its value could rise to “no less than $90k” and “as high as $700k.” #NEWS Go to Source Powered by WPeMatico
Bitcoin Set For First Biweekly Gain This Year, Buying Strongest Since March 2017
Bloomberg reports that Bitcoin is poised for its first back-to-back weekly gain of 2018, up almost 29% over the two-week period. #NEWS Go to Source Powered by WPeMatico
Hedge Fund Pantera CEO Says BTC ‘Highly Likely’ To Go Past $20K High Within A Year
Blockchain hedge fund Pantera CEO says $6.5k is the lowest BTC will go in the recent bear market, predicts BTC to exceed its record high “within a year” #NEWS Go to Source Powered by WPeMatico
