Tag Archives: Tom Lee

Bitcoin isn’t doing so well. The currency recently fell to $7,600 after weeks of trading in the $8,000 range, and the technical charts aren’t looking so good.Bitcoin Still Has a Bright FutureAnd yet, despite all this bearish activity, many heavy hitters and analysts in the crypto community agree that bitcoin isn’t done for and is likely to improve its present status in the coming months. Among the figures standing by bitcoin’s side is Tim Draper, the venture capitalist who recently claimed...

Tom Lee has always been very adamant about bitcoin, but in a recent interview, he says that the space is way too small for a bitcoin-based exchange-traded fund (ETF) to work.Lee: Now Just Isn’t the TimeThere have been many attempts to get cryptocurrency ETFs approved over the past several years, but none have been successful. One of the ETF proposals that many believed would really pave the way for future bitcoin and blockchain-based products was the ETF application submitted by Van Eck Solid...

On 15 November, during an interview for CNBC journalists, Tom Lee gives price prediction to set some fire. Cryptocurrency will show its potential as a “network value asset”, according to Tom. He said Bitcoin is similar to FAANG stocks that represent the top companies of the U.S. economy: Facebook, Apple, Amazon, Netflix, and Google. By referring to the shares of the companies above, Tom inkles that cryptocurrencies are gaining their value from supportive crowds:“Cryptocurrencies are network...

Well, we’ve all heard some rather crazy bitcoin price predictions throughout the year, but this one is likely to take the cake.Bitcoin Heading for the Stars? Who Knows?According to one source, the price of bitcoin is set to reach $16,000 by the time the month is over. It then asks the question, “Is this still possible?”As much as we’d like to believe that bitcoin has the strength to add roughly $7,000 to its price within a few short days, the likelihood of this happening within that time is...

Professional UFC fighter and unabashed bitcoin bull Ben Askren took to Twitter yesterday to tell everyone he’s piling up on BTC and challenge the crypto haters. In a fairly confrontational tweet, Askren dared all of the “twitter geniuses” to explain why “crypto is a scam,” resulting in several gibes at his expense. UFC Fighter Gets What He’s ‘Askren For’ There’s a fair bit to unpack here. The responses are a mish-mash of crypto haters ragging on crypto, crypto supporters also ragging on...

Tom Lee of Fundstrat fame is back in the news again. This time, he’s explaining why institutional players have been so reluctant to get involved in digital assets.Lee: Crypto’s Not Big Enough for InstitutionsIn a recent interview, Tom Lee explains:There’s a mechanical issue for crypto in terms of infrastructure that’s needed, but there’s probably also a size of market issue.He believes that cryptocurrency might be “too small” for institutional players, who are used to investing in major...

Erst fiel der Bitcoin-Preis, dann stieg er wieder. Wann ist der richtige Zeitpunkt, um Bitcoin zu kaufen oder zu verkaufen? Die einfache Antwort lautet: Kaufen Sie Bitcoin, wenn Sie Lust dazu haben, aber handeln Sie nicht mit den Coins. Finden Sie unten heraus, warum! Der größte Preisanstieg in nur zehn Tagen Sagt Ihnen der Begriff „FOMO“ etwas? Dabei handelt es sich um die Angst, etwas zu verpassen (engl.: Fear Of Missing Out). In der Krypto-Szene kennt man dieses Gefühl nur...

As bitcoin hits its worst price week in a long time, some analysts are backing away from their previous predictions regarding how well bitcoin could do by the end of the year. Tom Lee, for example, has recently commented that it’s a very bad time to be trading bitcoin, but others, like John McAfee, are refusing to get off the high horse.John McAfee: $1 Million for BTC Is Still PossibleHaving recently announced his run for presidential office in 2020, McAfee is no stranger to controversy. His...

While today the crypto markets are starting to look a little alive and is seeing a somewhat green pattern, Tom Lee from Fundstrat tweeted a sort of reminder about the rule of 10 best days. He says that the majority of Bitcoin gains come in the ten best trading days. According to Lee, this only happens once a year. Moreover, he claims that when these ten best trading days are excluded, Bitcoin sees a -25% per year. More specifically, in the last bull run of 2017 Bitcoin saw an unbelievable...

When it comes to bitcoin, most analysts seem split right down the middle, with some like Warren Buffett telling us to avoid it all costs, and hedge fund manager Mark Yusko telling us to buy it at all costs. Yusko: BTC Is an Important AssetIn a recent interview with CNBC, the CEO of Morgan Creek Capital told his listeners to “buy it” when it came to bitcoin and said that we should not be thinking about the recent price drops. He said that while all assets will fluctuate, bitcoin is still in...