Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Sunday, 19 August 21:32 (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.


 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

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

Bitcoin Gained Over $1000 In a Week. The Uptrend Is Still Underway.

After a couple of months of stagnation, the cryptocurrency market seems to start recovering and regaining the lost ground. Over the last couple of weeks, the BTC exchange rate increased by more than 1000 dollars. Other popular cryptocurrencies followed.

Publication date: 26 July 01:24 PM

Most ICOs Eventually Fail

Most ICOs out there end up with nothing for the ambitious project starting them as well as their investors seeking quick yet stunning returns on their investments. This is confirmed by the survey conducted by the University of Boston, Bloomberg reports.

Publication date: 23 July 10:05 AM

Bitcoin Gets Cheaper on News about Hacking Swiss Cryptocurrency Exchange Bancor

On July 11th, Bitcoin and other altcoins continued their downtrend started on Monday. International experts say that the biggest reason for that is the news on hacking a Swiss crypto exchange known as Bancor. In particular, they say, the hackers stole 23,5 million dollars in crypto coins.

Publication date: 12 July 11:32 AM

Bitcoin Rate Reaches 6700 USD/BTC

At the end of the trading week, the BTC exchange rate reached 6700 USD/BTC. The entire cryptocurrency market showed confident growth as well.

Publication date: 08 July 07:56 AM

This week Bitcoin may raise to 7000 USD/BTC

 This week, Bitcoin may grow in value all the way up to 7000 USD/BTC, some experts say. As you probably know, the past trading week wasn’t successful for the world’s first cryptocurrency, as well as for the rest of the crypto market. 

Publication date: 25 June 10:41 AM

UK to Start Litcoin Futures Trading

Starting from tomorrow, international investors will be limited only to buying Bitcoin futures. The thing is, on June 22nd, a UK-based crypto futures platform named Crypto Facilities launches Litecoin futures.
 
Publication date: 21 June 01:06 PM