Tag Archives: Predictions

Bitcoin to Be Worth ‘Great Deal More’ in Three Years, Circle Co-Founder Says

Jeremy Allaire, co-founder of crypto finance company Circle, told CNBC in an interview Friday, Dec. 14, that Bitcoin (BTC) will be worth “a great deal more” than it is now. When asked about the Bitcoin price in three years, Allaire told Squawk Box host Andrew Ross Sorkin that he does not make “significant price predictions,” while adding, “I think… Read More »

US Congressman Offers to Fund Mexican Border Wall Using Blockchain, ‘Wall Coins’

Ohio Republican Congressman Warren Davidson suggested raising money to build a wall on the border with Mexico using blockchain, in an interview on NPR Dec. 12. Davidson, who is known for his pro-crypto initiatives, spoke on NPR’s Morning Edition with host Steve Inskeep about the the United States president’s recent threat to shut down the government if Congress… Read More »

Fundstat’s Tom Lee Says Fair Value of Bitcoin to Reach $150K Per Coin

Cryptocurrency bull and co-founder of Fundstrat Global Advisors Thomas Lee said that the “fair value of Bitcoin (BTC) is significantly higher than the current price,” Bloomberg reported on Dec. 13. In a note delivered on Thursday, the veteran market analyst reportedly said that Bitcoin’s fair value is between $13,800 and $14,800, considering the number of active wallet addresses,… Read More »

‘Don’t Hold Your Breath,’ Waiting for Bitcoin ETF Says SEC ‘Crypto Mom’

A commissioner of the United States Securities and Exchange Commission (SEC) said ‘not to hold your breath’ waiting for a Bitcoin exchange-traded fund (ETF) at the Digital Asset Investment Forum held in Washington D.C. Dec. 5. Hester Peirce, dubbed “Crypto Mom” by the community for her dissent with the SEC’s decision to reject a Bitcoin ETF proposed by Cameron… Read More »

Crypto Fund Wagers $1 Mln It Will Outperform S&P 500 in ‘Buffett Bet 2.0’

Crypto-focused institutional asset manager Morgan Creek Digital has issued a $1 million bet against the S&P 500 (SPX) stock market index, a press release shared with Cointelegraph reveals Dec. 6. The crypto fund has issued a wager that its Digital Asset Index Fund –– a basket of ten major crypto assets –– will outperform the SPX over the… Read More »

Bitcoin Will ‘Surpass’ All-Time Price Highs by End of 2019, Says Quoine CEO

The CEO of Japanese fintech firm and crypto exchange operator Quoine has said he believes Bitcoin (BTC) will “surpass” its all-time price highs by the end of 2019, during an interview with Bloomberg Markets: Asia Dec. 4. Speaking during the aftermath of an industry-wide price slump, Mike Kayamori said he expects new crypto market sentiment and momentum to… Read More »

Fundstrat’s Tom Lee: Bear Markets Are a ‘Golden Time’ to Be in Crypto

The current bear markets are the “golden time” to be in crypto, major Wall Street crypto bull and co-founder of Fundstrat Global Advisors Tom Lee said Wednesday, Nov. 28, during his speech at BlockShow Asia 2018. Fundstrat’s co-founder named three main reasons behind the recent crypto market collapse: Bitcoin Cash’s (BCH) contentious hard fork, the regulatory actions of… Read More »

Bitcoin Is World’s Best Performing Asset Class Over Past 10 Years, Says Pompliano

Crypto industry investor Anthony Pompliano says Bitcoin (BTC) will likely fall to 85 percent below its all-time-highs – around $3,000. Pompliano gave his forecast during an interview on CNBC’s Squawk Box Nov. 26. The partner at crypto investment firm Morgan Creek Digital Assets argued that while “Bitcoin was overvalued in Dec. 2017” – with selling pressure this year… Read More »

Galaxy Digital’s Mike Novogratz: Cryptocurrency Markets Will ‘Flip Next Year’

Mike Novogratz, ex-Goldman Sachs partner and founder of Galaxy Digital, has said that he expects cryptocurrency to “flip next year” in an interview published by Financial Times (FT) Nov. 23. During the interview, Novogratz said that “this year has been challenging” for Galaxy Digital –  a company that he hopes will become “the Goldman Sachs of crypto” –… Read More »

Bitcoin Hits Another Low, Bitcoin Cash Is Down Almost 50% on the Week

Friday, Nov. 23: Crypto markets are facing another significant decline today, with Bitcoin (BTC) seeing another yearly low, and Bitcoin Cash (BCH) dropping almost 50 percent over the past 7 days, according to data from CoinMarketCap. The major 20 cryptocurrencies by market cap are all red this Black Friday, with some altcoins losing more than 10 percent over… Read More »