The financial whales are slowly diving into the crypto sector with the world’s 317th richest person, Henry Kravis, also trying his luck by joining the rapidly growing industry.
Two persons cited on the Bitcoin white paper – Blockstream CEO Adam Back and Yugen Partners Chief Scientist Scott Stornetta, share their thoughts on the future of Bitcoin and cryptocurrency technology in the whole.
Justin Sun donated $4.57 million via an auction for the Charity Lunch with Warren Buffett organized by Glide Foundation. Many are seeing Sun’s moves as an effort to bridge the distance between crypto space and skeptical Buffett.
Mark Zuckerberg commented on the newly-launched Facebook’s Libra crypto. He says that Libra Association is an independent organization and Facebook only has one vote in it. That way he emphasizes the trustworthiness of Libra.
A billionaire Mike Novogratz predicted that Bitcoin’s (BTC) price will stabilize between $10,000 and $14,000. He also confirmed he sold some BTC and that he regrets he didn’t sell more. Now some are blaming him for the price fall.
Yesterday BitMex reported on Twitter that it hit a record in daily volume as Bitcoin went pass $13,000. BitMex, which is a leading Bitcoin derivatives trading platform, topped $16 billion in volume across its products.
CoinMarketCap has made its first-ever acquisition. The company acquired is Hashtag Capital, a startup involved in developing algorithms that analyze ‘all points of available liquidity’ to more accurately reflect an asset.
Analysts are pretty sure in their claims that Bitcoin prices could match their all-time high of $20,000 within the next two weeks, and, could actually hit $50,000 or $100,000 by the end of the year.
Benjamin Blunts, a popular crypto trader and Elliott Wave technical analyst has compared Ethereum movement in 2017 and now and found a striking resemblance between price actions. He believes that a new long-lasting bull cycle has begun.
Kraken completed its crowdfunding round with $13,5 million raised. That way, Kraken pushed the company valuation towards $4 billion.
Bitcoin price gained a further 6% over the last 24-hour trading period, hitting $11,350 pushing the wider cryptocurrency market higher. Mosts analysts agree that Bitcoin is taking “aim” at $100,000.
Bitcoin price just crossed the $11,350 mark and dives into a new all-time-high in 2019. That way, Bitcoin still is the best performing asset in 2019 with +170% increase this year and +250% since it bottomed out.
XRP price is on the rise of 1.74% and is above the key $0.4250 support area. The price is currently facing a strong resistance near $0.4400 and $0.4420 levels, but a popular trader is sure: XRP will rise 50x in its next bull run.
Slack became only the second big company, after Spotify, to invite a free-for-all in its shares on Wall Street. Rather than an IPO, it chose a direct listing, releasing its stock to trade freely and stating just a “reference” figure of $26 a share.
Here’s how the analysts are predicting higher targets for Bitcoin price based on the strengthening technical charts, growing fundamentals, and higher institutional participation.