Markets

Bitcoin to flip gold by 2028, says Bobby Lee, founder of BTCC, the world’s first bitcoin exchange. Stock to Flow model supports the prediction. A weak dollar may adversely affect bitcoin’s price point. Bitcoin bull and CEO of BTC China, Bobby Lee, has thrown down his latest forecast, suggesting that bitcoin will flip gold’s market cap and find it a way to $500,000 by 2028. The Gold Flippening The bold claim came via a Tweetstorm earlier Sunday, where the crypto veteran rattled off several...

Governments across the world initially adopted a policy of ignorance toward cryptocurrency. This was perhaps because of the misguided notion that cryptocurrency was a passing fad that would go away. Over a decade later the crypto industry is large and booming with a total market capitalization of about $250 billion USD. This is still a long way off the record highs of early 2018 but is remarkable nonetheless.At the height of the ICO boom, the industry attracted tens of millions in investor...

TRON (TRX), one of the largest altcoins, will be listed on the cryptocurrency exchange – Poloniex on November 12th. The news comes after the exchange was recently sold to new owners who are reportedly set to increase Asian involvement.TRON To Be Added On PoloniexAccording to an official statement, TRX, which is currently ranked as the 11th largest cryptocurrency, will be listed on one of the popular exchanges, Poloniex. TRX sits on a market cap slightly over $1.1 billion and marks a slight...

Peter Schiff is once again making apocalyptic bitcoin price predictions. This isn’t the first time the famous gold bug has sounded the alarm on the crypto market. Are crypto investors right to treat him like the boy who cried wolf? Peter Schiff has remained active on Twitter lately, chiming in on the Fed’s ballooning balance sheet and the sharp gold sell-off. However, another issue catching significant traction is his extremely bearish view on bitcoin. Peter Schiff: ‘Get Ready for the Dump’...

Decentralized finance’s (DeFi) meteoric rise has been accompanied by a slew of advances in financial technology, sparking a wave of P2P lending protocols and liquidity pools. The increasing competition of borrowing/lending, stablecoins, derivatives, and even cross-chain CDPs mark a new era in fintech innovation and have bred some intriguing externalities. Many DeFi lending protocols offer interest rates that are significantly more appealing than rates offered by banks and low-risk fixed...

Canadian crypto exchange CoinField has unveiled its top project Sologenic today at Malta AI and Blockchain Summit (AIBC), during the second day of the conference. CEO Bob Ras explained how Sologenic will merge traditional financial markets and crypto on the XRPL (XRP Ledger). Ras spoke exclusively to Coinspeaker at the conclusion of his presentation. Bob, you what was the key message that you delivered today in Malta about Sologenic?Bob Ras: If you look at the market size of stocks and ETFs...

On November 7-8, 2019, Singapore time, the world’s third artificial intelligence and blockchain summit was held in the European island nation of Malta. Leaders from all continents, industry elites, and media representatives gathered to discuss the development of blockchain technology and digital assets. As a representative of global cryptocurrency exchange, BitTok was also invited to attend this summit. Join hands with top experts, enterprises and investment institutions in the fields of...

From the birth of Bitcoin in 2008 to the rising popularity of Ethereum in 2014 until now, the concept and practice of blockchain and digital assets have become more and more popular. The blockchain is called as a machine that transfers trust and value, combining financial technologies such as the Internet of Things (IoT) and big data on driving the global economic transformation from the era of information into the era of internet value. In this era, asset chaining, traditional asset...

Die Zeichen stehen auf Stagnation. Die Bären formieren sich und ein neuer Support hat sich gebildet. Viele Analysten gehen von einer kleineren Abwärtsbewegung aus, die sich langsam entwickeln wird, ehe ein neuer Bullenrun den Preis über die Marke von 10.000 US-Dollar drückt.Bitcoin News: Wohin die Reise für den Bitcoin Preis gehtAktuell liegt der BTC ungefähr bei 9.000 US-Dollar. Erwartet wird ein schleichender Kursabfall, der jedoch keinen massiven Einbruch mit sich bringen wird. Der untere...

Yesterday, Bakkt set a new record high just as the Bitcoin price fell as it’s wont to do. While the two events are relatively normal individually, it’s somewhat interesting that they happened around the same time, with the new Bakkt record coming in just as Bitcoin fell. What are traders thinking?Last year, the Intercontinental Exchange (ICE) announced its plans to float the Bakkt platform, the first-ever platform that would settle Bitcoin futures contracts physically. The anticipation began...