Tom Lee has maintained his year-end BTC price target at $15,000, citing the Bakkt launch and upcoming regulatory clarity as two main reasons. Despite the present market crash, major Wall Street crypto bull Tom Lee has reiterated his recently reduced year-end price prediction for Bitcoin (BTC) at $15,000 in an interview with CNBC’s Squawk Box […]
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Bloomberg Intelligence analysts predict that Bitcoin “has further to fall,” predicting a fall to as low as $1,500 per coin. Analysts at Bloomberg Intelligence predict that Bitcoin (BTC) “has further to fall,” Bloomberg reported Nov. 16. “Bitcoin’s no longer boring” declares Bloomberg, before stating that analysts predict the price could fall as low as the […]
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Tom Lee has lowered his expectations for Bitcoin’s price at the end of the year to $15,000 from the previous $25,000. Wall Street analyst and cryptocurrency bull Tom Lee has nearly cut his end-year Bitcoin (BTC) price target in half from $25,000 to $15,000, CNBC reported Nov. 16. According to Lee – the co-founder of […]
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Details of Russia’s national stablecoin have surfaced. On November 7, the chairman of Russia’s State Duma Committee on Financial Markets announced details of the “CryptoRuble,” a long-discussed government cryptocurrency project. Specifically, the official said that a state-backed stablecoin would be a complete equivalent to the Russian fiat ruble, but in a digital space. Russian […]
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BAML strategists have suggested that recent oil and crypto market dives are indicators of an approaching “flash crash.” Analysts from Bank of America Merrill Lynch have said that the crash in cryptocurrency and oil markets are indicators of a looming “flash crash” in markets, Reuters reported Nov. 16. The strategists reportedly suggested that rising volatility […]
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The impact of this week’s market volatility is beginning to fade for major cryptocurrency assets, markets confirm. Cryptocurrency markets are recovering from their recent mini crash today, Nov. 16, with only Bitcoin Cash (BCH) going against a trend which saw assets gain as much as 4.3 percent in 24 hours. Market visualization. Source: Coin360 […]
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Crypto market experienced a $27 billion drop in valuation overnight, experts explain factors and trends. On November 15, within a 24-hour span, the valuation of the crypto market fell from $210 billion to $183 billion, by more than $27 billion on a single day. Source: CoinMarketCap.com Fueled by the 18 percent drop in the price […]
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The CTO of IBM Blockchain for Financial Services has said that CBDCs can help mitigate the risks that contributed to the 2008 financial crash. Stanley Yong, global lead for central bank digital currency (CBDC) solutions at IBM, has said that CBDCs can help to mitigate the risks that contributed to the 2008 financial crash. Yong […]
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Following a breakout earlier this week, some coins have returned to their range-bound action. Let’s see what the charts forecast. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research […]
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As the industry decides what connectivity should be used for connected cars, the EU appears to be putting its weight behind WiFi over 5G. The EU hopes the approval of technical specifications for one technology over the other will help bring the industry together. Once there’s more certainty about what standard will be used, […]
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