WALL STREET ANALYST BULLISH; BITCOIN PRICE WILL HIT $25K BY YEAR-END 😏
At the time of writing this article, Bitcoin trades for $8,094.54, marking a 7.09% increase in its value for the last 24 hours.
The former Chief Strategist of JPMorgan & Chase is a known Bitcoin advocate amongst the few Wall Street analysts who are regularly stepping up to express their upbeat attitude towards Bitcoin as well as the entire crypto field in general.
On April 12th, Lee once again expressed his thesis at the CMT Symposium in New York City, outlining the reasons for which he thinks Bitcoin is in a bullish market, despite its rather hectic movement in the last few weeks.
As one of the main pillars of his thesis, Lee outlines that cryptocurrencies manage to successfully tackle the problem of lack of trust. And it seems that this couldn’t have come at a better time. The press is going crazy with stories about people facing serious security issues on the internet. Facebook’s latest scandal is a prime example, which, at the same time, highlights the importance of blockchain technologies.
Furthermore, Lee points out an interesting correlation which paints a clear picture – countries, where trust in governments is relatively low, is where Bitcoin is actually thriving.
At the time of writing this article, Bitcoin trades for $8,094.54, marking a 7.09% increase in its value for the last 24 hours.
The former Chief Strategist of JPMorgan & Chase is a known Bitcoin advocate amongst the few Wall Street analysts who are regularly stepping up to express their upbeat attitude towards Bitcoin as well as the entire crypto field in general.
On April 12th, Lee once again expressed his thesis at the CMT Symposium in New York City, outlining the reasons for which he thinks Bitcoin is in a bullish market, despite its rather hectic movement in the last few weeks.
As one of the main pillars of his thesis, Lee outlines that cryptocurrencies manage to successfully tackle the problem of lack of trust. And it seems that this couldn’t have come at a better time. The press is going crazy with stories about people facing serious security issues on the internet. Facebook’s latest scandal is a prime example, which, at the same time, highlights the importance of blockchain technologies.
Furthermore, Lee points out an interesting correlation which paints a clear picture – countries, where trust in governments is relatively low, is where Bitcoin is actually thriving.
Blockchain Insider (and Amazon #1 Bestseller Author) Predicts that Bitcoin Could Be Set for an Even BIGGER Bull Run This Summer
Bitcoin’s December bull run seems like ancient history right now, but Richard Jacobs (author of the Amazon #1 bestseller Bitcoin, Ethereum, and Blockchain: Surprising Insights from 200+ Podcast Interviews of Industry Insiders) has reason to believe that Bitcoin is poised to “moon” again.
“We didn’t get off to a great start this year with Bitcoin”, said Mr. Jacobs. “But for investors who are prepared to hold Bitcoin until the end of the year, now might just be a fantastic time to buy into the low. Because Bitcoin is about to see a deluge of positive news flow over the next few months.”
According to Mr. Jacobs, there are three specific developments on the horizon that look as if they could be big enough to send demand for Bitcoin soaring – to the extent that BTC could break through the $20k line before the end of summer.
What are these three specific developments?
Mr. Jacobs has just finished recording a podcast where he discusses them in greater detail and lays out his reasons for predicting that Bitcoin could shoot toward the moon again in just a matter of months.
This podcast is the first of a complimentary seven-part series called “Future Tech Gold Rush”, which Mr. Jacobs is publishing in order to promote his up-and-coming Future Tech Expo in September.
Bitcoin’s December bull run seems like ancient history right now, but Richard Jacobs (author of the Amazon #1 bestseller Bitcoin, Ethereum, and Blockchain: Surprising Insights from 200+ Podcast Interviews of Industry Insiders) has reason to believe that Bitcoin is poised to “moon” again.
“We didn’t get off to a great start this year with Bitcoin”, said Mr. Jacobs. “But for investors who are prepared to hold Bitcoin until the end of the year, now might just be a fantastic time to buy into the low. Because Bitcoin is about to see a deluge of positive news flow over the next few months.”
According to Mr. Jacobs, there are three specific developments on the horizon that look as if they could be big enough to send demand for Bitcoin soaring – to the extent that BTC could break through the $20k line before the end of summer.
What are these three specific developments?
Mr. Jacobs has just finished recording a podcast where he discusses them in greater detail and lays out his reasons for predicting that Bitcoin could shoot toward the moon again in just a matter of months.
This podcast is the first of a complimentary seven-part series called “Future Tech Gold Rush”, which Mr. Jacobs is publishing in order to promote his up-and-coming Future Tech Expo in September.
#ICOcryptotime
Dragon Coin and Telegram Take Lions’ Share of ICO Investments in March
According to ICODrops data, the total raised by token sales concluding in March amounted to $967 million. However, that doesn’t include the amount raised by the Dragon Coin public sale which has not been released yet. Dragon raised $320 in a series of pre-sales and was seeking a further $83 million from the public sale – likely meaning that the project raised in excess of $400.
Furthermore, the total doesn’t include the $850 million Telegram raised from accredited investors during a second private pre-sale. That number is per an SEC filing.
So, depending which numbers are included, ICOs raised somewhere between $967 million and $1.9 billion. The more illuminating numbers concern the amounts raised relative to each project’s hard-cap.
In both January and February, 80 percent of completed ICOs raised their full target. In March that number fell to 37 percent, whilst two thirds of projects percent raised 70 percent or more of their target.
Much of this, however, can be attributed to the collapse in the price of Ethereum which fell 55 percent over the course of the month. The ICOs that concluded earlier in the month raised far more than those that concluded later. In fact, the stats for the first ten days are almost identical to those for both the full months of January and February.
Projects that pegged their token price in Ethereum also suffered when compared to those pricing their tokens in US dollars. More recently, several other projects pegging their token price to crypto have postponed their token sales.
On a positive note, whilst the total number of token sales fell, the average raised by each sale was significantly higher. In March, 27 token sales concluded, raising an average of $35 million – that excluded the Telegram pre-sale. In January, 58 sales averaged $25 million and in February, 40 sales averaged $31 million.
Dragon Coin and Telegram Take Lions’ Share of ICO Investments in March
According to ICODrops data, the total raised by token sales concluding in March amounted to $967 million. However, that doesn’t include the amount raised by the Dragon Coin public sale which has not been released yet. Dragon raised $320 in a series of pre-sales and was seeking a further $83 million from the public sale – likely meaning that the project raised in excess of $400.
Furthermore, the total doesn’t include the $850 million Telegram raised from accredited investors during a second private pre-sale. That number is per an SEC filing.
So, depending which numbers are included, ICOs raised somewhere between $967 million and $1.9 billion. The more illuminating numbers concern the amounts raised relative to each project’s hard-cap.
In both January and February, 80 percent of completed ICOs raised their full target. In March that number fell to 37 percent, whilst two thirds of projects percent raised 70 percent or more of their target.
Much of this, however, can be attributed to the collapse in the price of Ethereum which fell 55 percent over the course of the month. The ICOs that concluded earlier in the month raised far more than those that concluded later. In fact, the stats for the first ten days are almost identical to those for both the full months of January and February.
Projects that pegged their token price in Ethereum also suffered when compared to those pricing their tokens in US dollars. More recently, several other projects pegging their token price to crypto have postponed their token sales.
On a positive note, whilst the total number of token sales fell, the average raised by each sale was significantly higher. In March, 27 token sales concluded, raising an average of $35 million – that excluded the Telegram pre-sale. In January, 58 sales averaged $25 million and in February, 40 sales averaged $31 million.
😱On April 13, CCN reported that billionaire venture capitalist, early investor in some of the most successful technology companies like SpaceX, and cryptocurrency angel investor Tim Draper predicted the bitcoin price to achieve $250,000 by the end of 2022.
A price of $250,000 would lead to a $5 trillion market valuation of bitcoin. At its peak, the cryptocurrency market was valued at around $900 billion. It would require the bitcoin price to increase by more than 31-fold within a 4-year span for it to surpass $250,000.
When Draper initially released his long-term goal for his bitcoin investment, the cryptocurrency community and investors within the market shared the sentiment of Draper and agreed the $250,000 price target for bitcoin is a realistic goal, especially in the long-term.
Many investors in the cryptocurrency market are not in it for short-term profits. If that had been the case, the vast majority of investors should have cashed out in December 2017. Economists can argue the cryptocurrency market was in a bubble and that investors did not cash out at the all-time high of the market in December because of greed👍
A price of $250,000 would lead to a $5 trillion market valuation of bitcoin. At its peak, the cryptocurrency market was valued at around $900 billion. It would require the bitcoin price to increase by more than 31-fold within a 4-year span for it to surpass $250,000.
When Draper initially released his long-term goal for his bitcoin investment, the cryptocurrency community and investors within the market shared the sentiment of Draper and agreed the $250,000 price target for bitcoin is a realistic goal, especially in the long-term.
Many investors in the cryptocurrency market are not in it for short-term profits. If that had been the case, the vast majority of investors should have cashed out in December 2017. Economists can argue the cryptocurrency market was in a bubble and that investors did not cash out at the all-time high of the market in December because of greed👍
Binance Coin (BNB) is the exchange’s own ERC 20 token which currently runs natively on the Ethereum blockchain.
Most users of the exchange are aware that the coin significantly cuts back on trading fees when said fees are paid with BNB. Currently, fees are reduced by 50 percent, but the benefit is set to decrease with each year of the exchange’s operation.
What many users do not realize, however, is that Binance buys back and burns a certain percentage of its BNB tokens every quarter.
Most users of the exchange are aware that the coin significantly cuts back on trading fees when said fees are paid with BNB. Currently, fees are reduced by 50 percent, but the benefit is set to decrease with each year of the exchange’s operation.
What many users do not realize, however, is that Binance buys back and burns a certain percentage of its BNB tokens every quarter.
Mastercard Ireland Looking For Blockchain Specialists Among 175 New Hires
Financial services provider Mastercard has recently announced it will hire 175 new employees in Dublin to increase its presence in Ireland. Among others, the company is looking for Blockchain specialists, local news outlet Irish Tech News reported April 12.
In order to boost innovation in the field of payments, the company is looking to hire a wide range of professionals such as software engineers, data scientists, information security experts and Blockchain specialists.
Ireland’s Minister for Business, Enterprise and Innovation, Heather Humphreys commented that the country has become “a very attractive location for international fintech and payment companies” stressing the favorable government policies as one of the causes.
Financial services provider Mastercard has recently announced it will hire 175 new employees in Dublin to increase its presence in Ireland. Among others, the company is looking for Blockchain specialists, local news outlet Irish Tech News reported April 12.
In order to boost innovation in the field of payments, the company is looking to hire a wide range of professionals such as software engineers, data scientists, information security experts and Blockchain specialists.
Ireland’s Minister for Business, Enterprise and Innovation, Heather Humphreys commented that the country has become “a very attractive location for international fintech and payment companies” stressing the favorable government policies as one of the causes.
#cryptotimenews
🇺🇸 Bitcoin Bounce Continues, Shiller Says Cryptos "Could Be With Us Forever"
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🇺🇸 3 ALTCOINS LIKELY TO OUTPERFORM BITCOIN FOR THE WEEK OF APRIL 16
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🇳🇬 DIGITAL CURRENCY: TROUBLE as 16 Government-Approved Crypto Exchanges
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🇨🇦 Millennials: Should You Bet on the Cannabis Market and Blockchain Technology Today?
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🇺🇸 Bitcoin Bounce Continues, Shiller Says Cryptos "Could Be With Us Forever"
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🇺🇸 3 ALTCOINS LIKELY TO OUTPERFORM BITCOIN FOR THE WEEK OF APRIL 16
read morehttp://telegra.ph/3-ALTCOINS-LIKELY-TO-OUTPERFORM-BITCOIN-FOR-THE-WEEK-OF-APRIL-16-04-15)
🇳🇬 DIGITAL CURRENCY: TROUBLE as 16 Government-Approved Crypto Exchanges
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🇨🇦 Millennials: Should You Bet on the Cannabis Market and Blockchain Technology Today?
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Bitcoin: Recovery bounce extends
Bitcoin sideways trading phase started in April is interrupted, heading along the 8175 range. Bitcoin bearish pattern started in March 2018 is however maintained as long as the 9000 range is not reached. The pair is contained between hourly support and resistance given at 6306 (13/11/2017 low) and 10232 (01/02/2018 high). The technical structure suggests further shortterm increase.
In the long-term, the digital currency has had an exponential growth but also presented important downturns. There is decent likelihood that the currency could stabilize between 7'000 - 12'000 in 2018. Bitcoin is trading below its 200 DMA (7800 range).
Bitcoin sideways trading phase started in April is interrupted, heading along the 8175 range. Bitcoin bearish pattern started in March 2018 is however maintained as long as the 9000 range is not reached. The pair is contained between hourly support and resistance given at 6306 (13/11/2017 low) and 10232 (01/02/2018 high). The technical structure suggests further shortterm increase.
In the long-term, the digital currency has had an exponential growth but also presented important downturns. There is decent likelihood that the currency could stabilize between 7'000 - 12'000 in 2018. Bitcoin is trading below its 200 DMA (7800 range).
🔔🔥 Barclays Bank has launched a new venture unit to invest in and partner with tech companies in a drive to find new opportunities for growth and innovation.
The new unit, Barclays UK Ventures (BUKV), will be led by Ben Davey, formerly Barclays’ group head of strategy, who will also join the bank's UK executive committee.
Barclays has not disclosed details of the amount of capital earmarked for BUKV investments, but the bank will be looking to join top-ranking peers like Santander, Credit Suisse who were recently identified by CB Insights as the largest incumbent investors in third party fintech firms.
The new unit, Barclays UK Ventures (BUKV), will be led by Ben Davey, formerly Barclays’ group head of strategy, who will also join the bank's UK executive committee.
Barclays has not disclosed details of the amount of capital earmarked for BUKV investments, but the bank will be looking to join top-ranking peers like Santander, Credit Suisse who were recently identified by CB Insights as the largest incumbent investors in third party fintech firms.
Ripple & Apple Partnership Has The Potential To Sky Rocket XRP Price👍🏻
We came into April this year with an image of endless Ripple partnership announcements. Interestingly, we were sort of right.Numerous partnerships have of course been released and announced thus far this month, with many others that have been assumed over the past few days as well.The big ones include Santander with the new OnePay FX money transfer app and of course, most notably, a partnership with tech giants, Apple.
Many people are refuting this partnership when it comes down to XRP, with people refusing to believe that any partnerships Ripple are making have the XRP currency in mind. Rather, it does seem more likely that actually, these companies are only interested in Ripple’s other payment solutions and not the native cryptocurrency itself.
We came into April this year with an image of endless Ripple partnership announcements. Interestingly, we were sort of right.Numerous partnerships have of course been released and announced thus far this month, with many others that have been assumed over the past few days as well.The big ones include Santander with the new OnePay FX money transfer app and of course, most notably, a partnership with tech giants, Apple.
Many people are refuting this partnership when it comes down to XRP, with people refusing to believe that any partnerships Ripple are making have the XRP currency in mind. Rather, it does seem more likely that actually, these companies are only interested in Ripple’s other payment solutions and not the native cryptocurrency itself.
Weiss Rating Highlights Important Considerations For Crypto-Trading
During a time when a lot of cryptocurrencies seem to be falling down in price rapidly, it is important to know which ones you should not be investing your money in. Here are some experts tips, focusing on the Weiss ratings on how to avoid high risk currencies.
Although, it can be tempting, it is actually the absolute worst time that you could buy cryptocurrencies. What you should be doing is buying in small volumes when the market is down, adding small amounts when it falls even further.
The biggest does not always equal the most promising cryptocurrencies
There is no denying that Bitcoin can make you a lot of money. However this does not mean that they always offer you the best combination of investment potential and advanced technology, in fact, it is often quite the opposite. You should be looking at newer projects such as EOS and NEO.
During a time when a lot of cryptocurrencies seem to be falling down in price rapidly, it is important to know which ones you should not be investing your money in. Here are some experts tips, focusing on the Weiss ratings on how to avoid high risk currencies.
Although, it can be tempting, it is actually the absolute worst time that you could buy cryptocurrencies. What you should be doing is buying in small volumes when the market is down, adding small amounts when it falls even further.
The biggest does not always equal the most promising cryptocurrencies
There is no denying that Bitcoin can make you a lot of money. However this does not mean that they always offer you the best combination of investment potential and advanced technology, in fact, it is often quite the opposite. You should be looking at newer projects such as EOS and NEO.
Verge Sky Rockets In Anticipation For Huge Announcement
Today is the day, the 17th of April, time for Verge’s apparently huge partnership announcement.
It was supposed to be yesterday according to Verge Dev’s video, but oh well…
What’s happening so far?
So, we know the full press release is due at 10:00 EST, meaning it will hit the UK’s shores at 15:00 this afternoon.
Verge is starting to sky rocket in anticipation for this announcement, at the time of writing it is valued at $0.11 and is climbing at 34.46% with no sign of letting up. As we get closer to the 15:00 deadline, we expect this currency to continue climbing. What happens next will really be down to the news that they share.
Today is the day, the 17th of April, time for Verge’s apparently huge partnership announcement.
It was supposed to be yesterday according to Verge Dev’s video, but oh well…
What’s happening so far?
So, we know the full press release is due at 10:00 EST, meaning it will hit the UK’s shores at 15:00 this afternoon.
Verge is starting to sky rocket in anticipation for this announcement, at the time of writing it is valued at $0.11 and is climbing at 34.46% with no sign of letting up. As we get closer to the 15:00 deadline, we expect this currency to continue climbing. What happens next will really be down to the news that they share.
Porn Partnership Pumps This Cryptocurrency Up 22%
Mindgeek, the biggest company in adult entertainment, is adding crypto to its payment options. The owner of Pornhub and Brazzers announced Tuesday it was entering into a partnership with cryptocurrency Verge.
The partnership sent Verge prices soaring more than 22% in the hours before the announcement, as investors awaited the long-teased partnership announcement. Verge began hinting a big partner was coming last month, launching a crowdfunding campaign with a target of collecting 75 million worth of the crypto. It’s unclear at this time if Mindgeek took an ownership stake in the currency—but it did get Stormy Daniels, the hottest porn star in the world right now, to promote the partnership in a video.
“Pornhub is a global organization with nearly a hundred million daily users,” said Verge founder Justin Sunerok. “This partnership represents an enormous market with a global reach that will compete with fiat currencies. It’s huge for Verge and we’re extremely excited to finally be able to announce it.”
Mindgeek, the biggest company in adult entertainment, is adding crypto to its payment options. The owner of Pornhub and Brazzers announced Tuesday it was entering into a partnership with cryptocurrency Verge.
The partnership sent Verge prices soaring more than 22% in the hours before the announcement, as investors awaited the long-teased partnership announcement. Verge began hinting a big partner was coming last month, launching a crowdfunding campaign with a target of collecting 75 million worth of the crypto. It’s unclear at this time if Mindgeek took an ownership stake in the currency—but it did get Stormy Daniels, the hottest porn star in the world right now, to promote the partnership in a video.
“Pornhub is a global organization with nearly a hundred million daily users,” said Verge founder Justin Sunerok. “This partnership represents an enormous market with a global reach that will compete with fiat currencies. It’s huge for Verge and we’re extremely excited to finally be able to announce it.”
Litecoin's creator wants to buy porn with his own cryptocurrency
Tuesday the cryptocurrency world is buzzing about the latest partnership between Verge and Pornhub.
Pornhub... you probably low-key know what Pornhub is: for better or worse, one of the world's largest suppliers of streaming pornography online.
Verge is a relatively new cryptocurrency focused on privacy and speed, which on paper makes it a perfect partnership for people who want to pay for pornography. Verge hit an all time high market cap of $3.6 billion on Christmas Eve, 2017, but (like most cryptocurrencies) has taken a bit of a beating over the last few months.
Enter Charlie Lee, the creator of Litecoin, the perennial top five cryptocurrency that's also focused on speed. Fun fact: When Bitcoin's transaction fees became a little exorbitant at the tail end of 2017, Valve replaced Bitcoin with Litecoin as a payment option on Steam, which is testament to its speed and reliability as a mode of online payment.
Tuesday the cryptocurrency world is buzzing about the latest partnership between Verge and Pornhub.
Pornhub... you probably low-key know what Pornhub is: for better or worse, one of the world's largest suppliers of streaming pornography online.
Verge is a relatively new cryptocurrency focused on privacy and speed, which on paper makes it a perfect partnership for people who want to pay for pornography. Verge hit an all time high market cap of $3.6 billion on Christmas Eve, 2017, but (like most cryptocurrencies) has taken a bit of a beating over the last few months.
Enter Charlie Lee, the creator of Litecoin, the perennial top five cryptocurrency that's also focused on speed. Fun fact: When Bitcoin's transaction fees became a little exorbitant at the tail end of 2017, Valve replaced Bitcoin with Litecoin as a payment option on Steam, which is testament to its speed and reliability as a mode of online payment.
As is the case with all cryptocurrencies, things are not looking all that bad as of right now. While things can still turn around on a dime, some currencies are noting small to medium-sized gains. Bitcoin Cash is among those currencies, as its value has increased to $832 in the past few hours. Such a solid Bitcoin Cash price gain at a time when Bitcoin is stalling is well worth paying attention to.
Over the past 24 hours, we have seen the Bitcoin Cash price rise by 7.08%. That in itself is a rather interesting development, as it is the only currency in the top 10 to note such solid momentum as of right now. That doesn’t mean other currencies won’t see their fair share of success in the days to come, though, but for now, it is evident BCH will be on most people’s radar moving forward.
Over the past 24 hours, we have seen the Bitcoin Cash price rise by 7.08%. That in itself is a rather interesting development, as it is the only currency in the top 10 to note such solid momentum as of right now. That doesn’t mean other currencies won’t see their fair share of success in the days to come, though, but for now, it is evident BCH will be on most people’s radar moving forward.