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Monday, 24 September 11:28 (GMT -05:00)



Foreign exchange market

Bitcoin Will Hit $20K, CoinShares Says


Bitcoin is really capable of getting back to the all-time high at $20K per coin. This is what founder of Coinshares Danny Masters thinks on the matter. He is not a rookie in this business. His company has been creating investment products for the cryptocurrency market and conducting blockchain-related research for years. Mr. Masters believes in the future of Bitcoin and altcoins. However, he thinks the market is yet to pass a few development stages.

The thing is, today’s cryptocurrency market is relatively young. In order to reach its full potential and to get integrated into the global finical system, the market will have to get derivatives, indexes etc. Still, the market is still far away for this stage, which is something that scares away many serious investors.

Also, cryptocurrencies need an expanded and improved infrastructure in order to come up with new ways to store coin, implement ICOs and other innovative solutions designed to improve the market transparency, robustness, and standards.

He also reminded that 3 years ago, there was almost no interest in cryptocurrencies, with a handful of savvy and experienced investors. Since then the situation has changed drastically. This fact can be indirectly confirmed by 8000 participants of Consensus, a cryptocurrency conference that took place on New York on May 14th-16th.

 


previously, we already reported that Pantera Capital had predicted a Bitcoin rally up to 20000 USD/BTC in a matter of 12 months.

In the meantime, Bitcoin keeps on going down along the downtrend. Over the last 24 hours, BTC has lost over 200 dollars, NordFX reports.


 

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Bitcoin Prospects From Investors' Standpoint

The latest events taking place in the international market of cryptocurrencies seem to be making international traders and investors doubt the future behavior of digital currencies. With that being said, they are trying to be cautious about their predictions related to cryptocurrencies.

Publication date: 20 September 12:08 PM

Masterforex-V Academy Names World's Best Forex Brokers

There are quite a lot of FOrex brokers out there, which is why even FX experts may have a hard time finding one of the best representatives of the FX industry.

Publication date: 15 September 10:43 AM

China's Central Bank Wants to Legalize Cryptocurrencies

The People's Bank of China is currently seeking expert advice regarding turning cryptocurrencies into legal financial asset and payment means in China. According to some financial experts from China, the Chinese authorities have been showing keen interest in blockchain-based technologies, ICOs, and digital currencies. However, they have been cautious since they don't want the international community to know about it.

Publication date: 13 September 11:00 AM

Russian Forex Jurisdiction Gains Strength

After the summer break, investors are going back to business, refreshed and ready to go productive. Most of them see September as the beginning of a new life cycle in their career. its not accidental that an unprecedented event is planned by Alpari Forex. The Alpari office located in Saint Petersburg, Russia, will welcome Evgeniy Masharov, who is in charge of the Association of Forex Dealers. He is visiting Alpari Forex for the first time and planning to participate in a meeting with some of the Forex traders and investors registered in the Russian FX jurisdiction.

Publication date: 03 September 10:44 AM

Near-Term Bitcoin Prospects

Bitcoin has been feverish and going up and down in value, and the entire crypto-market has been following the world's first and biggest cryptocurrency.
 
Publication date: 21 August 11:14 AM

There's Nothing Wrong About Crypto-Market Downtrend, Ethereum Co-Founder Lubin Says

The ups and downs currently seen in the global market of digital currencies do not reflect the current state of affairs in the market, Joseph Lubin thinks. By the way, he is the founder of ConsenSys and a co-founder of Ethereum, the world's second-biggest cryptocurrency in terms of market cap. 

Publication date: 21 August 10:48 AM

Bitcoin May Continue Downtrend

The bearish market bias has been setting in for a while. This started shortly after the SEC decided to delay their decision on the Bitcoin ETFs for such companies as VanEck and SolidX. This is confirmed by ForkLog. 

Publication date: 09 August 11:43 AM

Philip Nunn Predicts $60K for Bitcoin in Late 2018

According to Philip Nunn, CEO of Blackmore Group and Wealth Chain Group, the BTC exchange rate is likely to skyrocket all the way up to 60000 USD/BTC.

Publication date: 09 August 10:38 AM

Bitcoin lost 7% in 24 hours

The Bitcoin exchange rate has gone down by 7% over the last 24 hours. In particular, the exchange rate dropped down to 7500USd/BTC.

Publication date: 01 August 10:56 AM

Panic Around Winklevoss Brothers Hasn't Dropped Bitcoin Below $8000

For those of you who don't know, the SEC has recently declined the Winklevoss Brothers' request to create an exchange-traded fund (ETF). Shortly after the news, some cryptocurrency investors started panicking. At the same time, some experts started predicting another downtrend in the global market of cryptocurrencies in general and Bitcoin in particular.

Publication date: 30 July 12:30 PM