After watching cryptocurrencies soar to lofty highs in 2017, 2018 was a letdown. But don’t count out the coins just yet. Some of the top cryptocurrency experts believe a massive rally is still possible. In fact, many strongly believe a Bitcoin ETF, further moves by Bakkt and Fidelity, and broader adoption by financial institutions … Continue reading “Three Top Cryptocurrency Expert Predictions for 2019 – and Beyond”
fundstrat
Fundstrat’s Tom Lee Sticking with $22,000 Bitcoin Prediction for 2018
Author Ian CooperPosted on Categories Blockchain, Business, Crypto Technology, Cryptocurrency, General, News, UncategorizedLeave a comment on Fundstrat’s Tom Lee Sticking with $22,000 Bitcoin Prediction for 2018Fundstrat’s Tom Lee is no stranger to making big calls. He believes the coin can still reach $22,000 this year from its current price of $6,400. “Bitcoin is preparing to breakout. It has found support around the $6,000 level, which equals the break even for mining costs,” as quoted by Coin Telegraph. But with just … Continue reading “Fundstrat’s Tom Lee Sticking with $22,000 Bitcoin Prediction for 2018”
What Would Happen to Cryptocurrencies in a Recession?
Author Ian CooperPosted on Categories Blockchain, Business, Crypto Technology, Cryptocurrency, ETF, Ethereum, General, News, UncategorizedLeave a comment on What Would Happen to Cryptocurrencies in a Recession?U.S. GDP is on track for 2.9% for 2018. Consumers and businesses are the most confident they’ve been in years. The stock market is hitting new highs. The idea of a recession is currently far from anyone’s mind. Furthermore, the record low unemployment numbers prove that we’re out of the woods and moving in the … Continue reading “What Would Happen to Cryptocurrencies in a Recession?”
Fundstrat Tom Lee: Cryptocurrency Investors “Too Bearish”
Author Saket Kumar SinghPosted on Categories Bitcoin, Business, Crypto Exchanges, Crypto Technology, Cryptocurrency, Ethereum, General, News, UncategorizedLeave a comment on Fundstrat Tom Lee: Cryptocurrency Investors “Too Bearish”In early October 2018, Tom Lee from Fundstrat noted Bitcoin “could end the year explosively higher.” Furthermore, he said Bitcoin could rally as high as $25,000. He even called for Ethereum to rally to $1,900 by 2019. “People are too Bearish,” says Tom Lee The Fundstrat executive reiterated that target with Heidi, otherwise known as … Continue reading “Fundstrat Tom Lee: Cryptocurrency Investors “Too Bearish””
Cryptocurrency Experts Weigh in on Direction of Digital Assets
Author Ian CooperPosted on Categories Bitcoin, Business, CryptocurrencyLeave a comment on Cryptocurrency Experts Weigh in on Direction of Digital AssetsThe cryptocurrency sector saw massive growth during 2017. And while many expected the trend to continue well into 2018, that hasn’t been the case. But that could soon change, say experts. What are cryptocurrency experts saying? Scott Nations largely believes that Bitcoin is a bubble and it has no intrinsic value. He believes that … Continue reading “Cryptocurrency Experts Weigh in on Direction of Digital Assets”
Blockchain Capital’s Spencer Bogart: Bitcoin is Bottoming
Author Ian CooperPosted on Categories Bitcoin, Blockchain, Business, CryptocurrencyLeave a comment on Blockchain Capital’s Spencer Bogart: Bitcoin is BottomingWe’ve heard a good number of calls for Bitcoin bottoming out. For example, Galaxy Digital CEO, Michael Novogratz said prices have bottomed in September 2018. In fact, he noted the Bloomberg Galaxy Crypto index, which measures the performance of the largest digital currencies traded in dollars, “retouched the highs of late last year and the … Continue reading “Blockchain Capital’s Spencer Bogart: Bitcoin is Bottoming”
Fundstrat Tom Lee: Institutions Overwhelmingly Believe Bitcoin Bottomed
Author Ian CooperPosted on Categories Bitcoin, Business, Cryptocurrency, ETFLeave a comment on Fundstrat Tom Lee: Institutions Overwhelmingly Believe Bitcoin BottomedFundstat’s Tom Lee is no stranger to cryptocurrencies. Tom Lee of Fundstrat had famously said Bitcoin “could end the year explosively higher.” In fact, he says Bitcoin could rally as high as $25,000. He called for Ethereum to rally to $1,900 by 2019. Tom Lee Fundstrat Survey: Bitcoin Prices Already Bottomed After plunging from $20,000 to … Continue reading “Fundstrat Tom Lee: Institutions Overwhelmingly Believe Bitcoin Bottomed”
Fundstrat’s Tom Lee: Ethereum (ETH) Will Rally to $1,900 by 2019
Author Ian CooperPosted on Categories Business, Cryptocurrency, EthereumLeave a comment on Fundstrat’s Tom Lee: Ethereum (ETH) Will Rally to $1,900 by 2019Ethereum (ETH) has had a tough year. In fact, it’s now down more than 70% since January 2018, and can’t seem to find its way. But, according to Bitcoin bull Tom Lee, it could be about to stage quite a breakout. Ethereum Breakout The last four times it lagged its peers that badly, by two standard … Continue reading “Fundstrat’s Tom Lee: Ethereum (ETH) Will Rally to $1,900 by 2019”
Former Point72 Manager: Cryptocurrency will be Worth Trillions
Author Ian CooperPosted on Categories Blockchain, Business, CryptocurrencyLeave a comment on Former Point72 Manager: Cryptocurrency will be Worth TrillionsAfter leaving a position at Steven Cohen’s Point72 hedge fund, Travis Kling just launched his own cryptocurrency fund. “The development and growth of this technology will be exponential” Reportedly, the new cryptocurrency hedge fund is called Ikigai and will launch October 1, 2018. As most blockchain professionals have noted, related technology is still in its … Continue reading “Former Point72 Manager: Cryptocurrency will be Worth Trillions”
Cryptocurrencies are a “Blood in the Streets” Opportunity
Author Ian CooperPosted on Categories Bitcoin, Business, CryptocurrencyLeave a comment on Cryptocurrencies are a “Blood in the Streets” OpportunityWith cryptocurrencies, “It’s a mistake to be bearish when you’re already down.” That’s according to Fundstrat’s Tom Lee He believes the current value of Bitcoin is a buying opportunity. “The question you have to ask yourselves is, ‘Now that crypto is down here, is it appropriate to be bullish or bearish?’ And I just want … Continue reading “Cryptocurrencies are a “Blood in the Streets” Opportunity”
