Industry at a Crossroads, Crypto Enters Fourth Phase of Development
A recent Andreessen Horowitz report says crypto is in its growth stage, but critics say the industry is yet to create end-use value. Go to Source Powered by WPeMatico
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‘Boomer Generation’ In for a Rude Awakening – Macro Economist Predicts $1M Bitcoin by 2025
Just recently, a report from Global Macro Investor (GMI) called “The Unfolding” claims that the world is experiencing the biggest economic event that hasn’t been seen in the last 150 years. GMI’s CEO Raoul Pal authored the report and he strongly believes the digital asset bitcoin will go from a $200 billion asset class to … Read more
Ross Ulbricht’s 9th Price Analysis Predicts Bitcoin Prices Below $3,000
The founder of the Silk Road marketplace, Ross Ulbricht, has published another analysis that attempts to predict the price of bitcoin. Ulbricht started sharing his price examinations last December and he leveraged the patterns of Elliott Wave theory to bolster his forecast. Also read: Bitcoin Revolution: Wanna Earn $1,000 a Day? Government Warns About This … Read more
Bitcoin, Gold May Both Hit $1K in Race to the Bottom — Peter Brandt
Gold and Bitcoin may both end up trying to stay out of three figures, one trader warns in a grim new forecast Go to Source Powered by WPeMatico
Crypto Experts Give Their Top Predictions for 2020
In an industry built around digital scarcity, opinions are in plentiful supply. Everyone’s got one, and they’d love to share it with the rest of the cryptosphere. As the decade draws to a close and another prepares to launch, it’s the perfect time to consider what 2020 has in store. Here’s what thought leaders, professionals, … Read more
Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money
Deutsche Bank analysts have made some predictions regarding the future of cryptocurrency. Strategist Jim Reid explained why cryptocurrencies are inevitable and how the existing fiat money system could crumble over the next decade, leading to soaring demand for cryptocurrencies. Also read: Swiss Licensed Crypto Bank Expanding Into 9 Markets ‘The End of Fiat Money?’ – … Read more
Market Update: Crypto Prices Hold Steady After Massive Bullish Spike
Digital currency markets are coasting along after an enormous move on Friday of more than 20-40%. The entire cryptoconomy is hovering around $249 billion as it gained a whopping $30 billion very quickly this week. Crypto prices corrected a touch since the spike, but are still well above the lows seen just a few days … Read more
How Crypto Became a Gambler’s Paradise
Comparing cryptocurrency trading to gambling is like comparing crypto tribalism to religion: the analogy is correct, but it’s also tired. What bears emphasizing, then, isn’t that crypto trading and crypto gambling are often indistinguishable, but the extent to which the two disciplines permeate the cryptosphere. From the most popular dapps to the leading hacks, everything … Read more
Hayek’s 1984: Rediscovered Footage Shows Austrian Economist Predicting Bitcoin
Born in 1899 in Vienna, Nobel Prize-winning economist F.A. Hayek is a legend of sorts in voluntaryist, libertarian, and crypto-economic circles. Freshly rediscovered video footage of the Austrian School philosopher and social theorist from 1984 is now making the rounds on crypto Twitter. In a stunning soundbite of an already well-known quote, Hayek declares that … Read more
Bitcoin Price Hits $11K Less Than 24 Hours After Breaking $10K Mark
Bitcoin broke $11,000 for the first time since March last year less than a day after breaking $10,000 Go to Source Powered by WPeMatico