How Balanced Cryptocurrency Portfolio Looks Like: Investment Tips A large number of investors have started to purchase cryptocurrencies as a short-term and long-term investment, a safe haven asset and an experimental investment to develop a proper understanding of the market and the technology behind cryptocurrencies such as Bitcoin. As a result, even the initial coin […]
Bitcoin could nearly double and reach $5,000 soon, says Standpoint Research Bitcoin traded near $2,600 Wednesday, according to CoinDesk. Standpoint Research founder Ronnie Moas said the digital currency could rise to $5,000 "in a few months." "This is not something I could keep my hands off of," Moas said. Stock research analyst Ronnie Moas […]
Bitcoin and Decentralized Networks are the Future, Says University Professor Lorenzo Fioramonti, Professor of Political Economy at the University of Pretoria (South Africa), who also directs the Centre for the Study of Governance Innovation, recently published a write-up stating that money systems are in the process of transitioning from “centralized authority to decentralized networks.” […]
Bitcoin Could Hit Near $4,000: Goldman Sachs’ Chief Analyst Although bitcoin price has grown 3x at peak levels this year, better gains are yet to come, according to Goldman Sachs’ chief technician. Bitcoin has been on a historic tear in 2017. After ringing in the year at $1,000 on the very first […]
Ethereum Price Drops Below $300 Amid Technical Issues and Cryptocurrency ICO Hype Things are not looking all that great for Ethereum right now. The popular cryptocurrency suffered a major crash not too long ago and it remains the market is still recovering. The past two days have heralded another downturn for Ether, making […]
Cryptocurrencies Could Reach $5 Trillion in 5 Years, Says Wall Street Billionaire Bitcoin Investor Billionaire investor Michael Novogratz, a former hedge fund manager who has been supportive of bitcoin, claims cryptocurrencies could be worth more than $5 trillion in five years, speaking at the CB Insights Future of Fintech conference in New York, Get […]
Beware Cryptocurrency Gold Rush Mentality On one hand, it's hard for many investors not to be excited about the meteoric rise of cryptocurrencies in the past few months. Bitcoin has roughly tripled in value since the beginning of the year, Ethereum is up by about 40 times, and Ripple, one of the newest arrivals on […]
Market Turns Green The cryptocurrency market takes a turn to the green, led by Ethereum and Bitcoin. After two days of the so-called ‘crypto correction’ in the final days of June, the wider cryptocurrency market is seemingly back on a comeback trial as all top ten cryptocurrencies by market cap make gains over a 24-hour […]
IMF Urges Banks to Invest In Cryptocurrencies A June 2017 staff discussion note from the International Monetary Fund (IMF) suggests that banks should consider investing in cryptocurrencies more seriously than they have in the past. According to the IMF staff team responsible for the note, including prominent economists such as Dong He, Ross Leckow, […]
Why Just Holding Cryptocurrency Will Change the World Cryptocurrency, digital assets run by blockchain distributed ledger technology, have some pretty revolutionary features and use cases. They can cheaply and permanently send wealth faster than anything else. They can cryptographically prove your identity. They can run self-executing smart contracts instead of relying on an enforcement […]