Tag Archives: tim draper

Tim Draper: Crypto Market Will Reach $80 Trillion Within 15 Years

Venture capitalist and famous cryptocurrency supporter Tim Draper exposed his prognostic on the cryptocurrency market at the DealStreetAsia PE-VC Summit in Singapore last Wednesday, when he predicted that it will rebound to $80 trillion within 15 years.  The Revolution The famous investor thinks that blockchain and cryptocurrencies are “going to have such a transformative effect on industries that… Read More »

Hodler’s Digest, September 9-16: SEC Heightens Crypto Crackdown, While US Court Ruling Marks Cryptos as Securities

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week New York Judges Rules Securities Laws Be “Flexible” And Apply To… Read More »

Bitcoin Jumps $6,500 & Altcoins Hike, Venture Capitalist Predicts like Internet Evolution Crypto to Hit Trillion Dollar

Advertisement Bitcoin has steadied at $6,500 while altcoins are making going green with gains. Meanwhile, Tim Draper, venture capital investor compared internet’s evolution to crypto market’s growth, predicting it to hit trillion dollar market cap. Also, recently CFTC chair shared regulators need to follow a similar approach as internet’s early days to cryptos. Advertisement Bitcoin & altcoins on… Read More »

Tim Draper: Crypto Market Cap Going to $80 Trillion in 15 Years

Cryptocurrency, Bitcoin (BTC)–Tim Draper, venture capital investor and cryptocurrency proponent, made a recent prediction that the total market capitalization of cryptocurrency would reach $80 trillion in the next fifteen years. First reported by the news outlet DealStreetAsia on Friday, Draper made the statement while speaking at a cryptocurrency Summit event in Singapore. As opposed to seeing the current… Read More »

Crypto Market Cap to Hit $80 Trillion in 15 Years: Bitcoin Bull Tim Draper

Advertisement Bitcoin bull Tim Draper has predicted that the market capitalization of cryptocurrencies will increase by four hundred times in the coming one and a half decades. Equating the current state of the crypto market to the early days of the internet, Draper, however, warned that the prices of bitcoin and other cryptocurrencies will first have to drop… Read More »

Maltese Prime Minister Fraudulently Impersonated by Bitcoin Peddlers on Instagram

Malta’s Prime Minister, a noted fan of blockchain and cryptocurrencies, found himself unwittingly in the center of an investment scam as conmen fabricated a fake Instagram account in his name. As Bitcoinist has noted in the past, the tiny island nation of Malta has taken a number of steps in order to become one of the globe’s most welcoming… Read More »

Billionaire Bitcoin Evangelist Shelves ‘Three Californias’ Plan after Legal Setback

Billionaire bitcoin evangelist Tim Draper has grudgingly shelved his ambitious plan to split California into three states. Draper, a venture capitalist and prolific cryptocurrency investor, wrote in a letter dated Aug. 2 that he will not appeal a court decision barring his initiative — formally known as Proposition 9 but better known as “Cal 3” The post Billionaire… Read More »

Tim Draper Off the Hook [For Now] in Tezos Class Action Lawsuit

Advertisement Claims against venture capitalist Tim Draper and Bitcoin Suisse in a Tezos class action lawsuit have been dismissed. No Direct Control According to U.S. District Judge Richard Seeborg of the Northern District of California, the motions by Draper and Swiss-based crypto financial services company Bitcoin Suisse to dismiss them as defendants in the Tezos securities litigation case… Read More »

Judge Advances Securities Class Action Against Tezos Token Creators

The husband and wife duo behind blockchain project Tezos have faced their latest setback in an ongoing securities class action against their $232 million Initial Coin Offering (ICO), according to a docket report published August 7. U.S. District Judge Richard Seeborg of the Northern District of California yesterday refused to dismiss plaintiff Arman Anvari’s suit against the defendants,… Read More »

Billionaire Investor Marc Lasry: Bitcoin Can Soon Hit $40,000 as Trading Becomes Easier

Avenue Capital Group co-founder Marc Lasry has said that Bitcoin’s (BTC) price is going to hit $40,000 n bullish comments to CNBC on July 18. Speaking in an interview for the network’s Squawk Box segment, Lasry, whose debt management firm controls around $9.6 billion of assets, saw increasing ease of crypto trading as a major motivator for Bitcoin… Read More »