Billionaire investor Marc Lasry supported crypto optimists, saying that the price of bitcoin could reach up to $40,000 as it becomes more accepted and easier to trade.
Bitcoin is back with a bang trading above $7400 with the good news of growing institutional involvement in the crypto space.
Many experts from the industry believe that Bitcoin can slip further to bottom out in the range of $3000-$5000 before starting its upwards journey to $20000.
The CBOE Bitcoin ETF will allow for over-the-counter (OTC) trading for accredited investors while providing them with complete security and insurance.
3 transactions per second – that is the current capacity of Bitcoin. The price of the cryptocurrency is closely tied to its ability to process at least as many transactions as the traditional financial services. The Lightning Network may be the solution, but the mass adoption of this technology is likely to face some problems.
Thomas Lee has updated his Bitcoin price forecast for this year. Now he predicts that it will reach $22,000 in 2018 instead of $25,000.
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.
The victims of Mt.Gox multimillion heist has finally won the battel for their faded funds, as the Tokyo District Court approved a petition to commence civil rehabilitation proceedings.
Top cryptocurrencies including Bitcoin, Ethereum, Ripple have entered an upward trend. BitLicense obtained by Square and SEC remarks are among the reasons.
Phillip Nunn, whose predictions about Bitcoin’s future have already partially come true, believes that in 2018 Bitcoin will be traded for $60,000.
Crypto market rebounds, with the world’s largest cryptocurrencies spiking. This follows the news from the US SEC which does not consider Ethereum a security.
Garlinghouse opens up about his view on Bitcoin along with the long-term impact of Ripple’s technology to drive the mass adoption of cryptocurrencies in the future.
Thomson Reuters, the leader in the sphere of intelligent information for businesses and professionals, has decided not to stop at Bitcoin and announced expanding its sentiment data feed to 150 cryptocurrencies.