Tom Lee

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Markets Update: Crypto Prices Show Improvement and BCH Rallies

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Cryptocurrency markets have seen fresh gains over the last 48 hours and digital asset trade volume has spiked considerably. On Saturday, March 16, the entire cryptoconomy has a valuation of roughly $139 billion and global trade volumes are hovering around $33.7 billion. Also read: Jeff Garzik Subpoenaed in Kleiman Bitcoin Lawsuit Against Craig Wright After … Read more

Bitcoin Price Watch: A Final Look Back at 2018

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At press time, bitcoin is trading for just over $3,700. While the currency has managed to keep up a small bit of momentum in the past seven days to stay above $3,600, the currency has failed to meet the expectations of most die-hard investors and enthusiasts. This will be our final price piece of 2018, … Read more

From Tom Lee to John McAfee, Bitcoin Predictions Haven’t Aged Well

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They came in plenty, some a little conservative and others outright ambitious. There were those who predicted that Bitcoin would hit $20,000 even before the year ended. Others went long term, predicting as high as $1 million in 2020. While the long-term predictions could still come to pass, those who made predictions for the year … Read more

Bitcoin Price Watch: Year-End Price Looks to Be Lower Than Anticipated

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At press time, everybody’s favorite cryptocurrency has fallen below $3,175 for the first time in 2018. The price of bitcoin continues to crash and burn, and one analyst is saying the asset may fall to as low as $1,500 before any significant uptrends occur. Bloomberg analyst Mike McGlone says bitcoin is currently trapped in what … Read more

Bitcoin Should Be Worth $14,800 Judging By Market Metrics: Tom Lee

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Bitcoin’s current value is $3,312 but according to Tom Lee, it should be between $13,800 and $14,800. The ever-so-vocal Bitcoin bull believes that the currency is grossly undervalued and believes last year’s meteoric rise could be one of the reasons. In a note to Bloomberg today, Lee further refused to delve into his Bitcoin prediction … Read more