Crypto EcoBlog
Tom Lee, Fundstrat’s chief analyst, thinks Bitcoin (BTC) price will reach 40,000 before the Dow Jones reach 40,000. Bitcoin halving is just 89 days away and the world is in crisis – how will this influence the price?Famous trader Tom Lee makes yet another huge prediction regarding the Bitcoin price. This time, he claims that Bitcoin will reach 40,000 even before the Dow index does. Dow currently trades at 29,280. He thinks that, till August 2020, Bitcoin will cost at least 20,000, and then it...
Read More »Tone Vays: Bitcoin Will Lose Even More Value Before May’s Halving
Bitcoin just keeps slinking lower and lower on the financial totem pole, but some analysts say things are about to get a lot worse before they get better.Bitcoin: About to Hit New Lows?As it stands, bitcoin is trading for about $7,200 at press time. This is unfortunate considering just a few weeks ago, it was trading for almost $2,500 more. The currency has been experiencing so many drops as of late and nobody really knows why. All we can do is sit back and hope that things will somehow...
Read More »Here’s What to Possibly Expect From Bitcoin This Week
China-based cryptocurrencies surge as bitcoin consolidates. If volume picks up, BTC could break above $9,700. One of the most prominent analysts in the industry shares his views on the pioneer cryptocurrency for this week. Following Chinese President Xi Jinping’s decision to embrace blockchain technology, many China-based cryptocurrencies have seen a significant spike in their market value. VeChain, for instance, has moved up a whopping 185% while NEO has skyrocketed nearly 100% since then....
Read More »London Blockchain Conference Pulls Headline After Crypto Community Threatens to Boycott Faketoshi
A London blockchain conference has pulled the headline for one of its most controversial talks after the crypto community rallied in defiance against its speaker – the self-proclaimed creator of bitcoin Craig Wright, AKA ‘Faketoshi’. The CC Forum scheduled to take place Oct. 14-16 has a number of high-profile figures attending, including the infamous anti-crypto advocate Nouriel ‘Dr. Doom’ Roubini. Wright’s Fireside chat was controversially titled, “What Was Your Purpose as Satoshi Writing...
Read More »Infamous Crypto Analyst Gets Mocked After Charging $2,400 per Hour
It’s not every day that you see people reveal how much they make per hour on social media. It’s even more unusual for someone to post their hourly rate to the tune of thousands of dollars. Yesterday, we witnessed an atypical spectacle when crypto trader Tone Vays charged someone $2,400 or 0.3 BTC for an hour of his time. The widely-followed analyst shared on Twitter a screenshot of a conversation he had with someone on LinkedIn. In a tweet, Vays name-dropped Bill Gates and Elon Musk while...
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