Kelly believes that the current developments in the cryptocurrency market might give a short-term pain but will prove to be fruitful in the long-run.
Julian Hosp predicts bitcoin’s hitting $60,000 mark by the end of 2018.
After almost a week of consolidation, Bitcoin prices are back on the upward trajectory trading now above $7800.
After a continuous rally for nearly two weeks which catapulted Bitcoin to almost $8000, and some major profit booking is being currently observed with the price of Bitcoin consolidating around the $6000 mark.
Goldman Sachs’ technical analysts Sheba Jafari and Jack Abramowitz believe Bitcoin could reach at least $7,941, according to the message sent to the company’s clients on Monday.
Peter Thiel, the billionaire co-founder of PayPal and early Facebook investor, make some comments on Bitcoin in an interview on Fox Business Network’s Mornings.
Goldman Sachs has published answers to FAQs about cryptocurrencies as it’s getting harder for institutional investors to ignore their rise.