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Bitcoin to Peak at $115,000 by August Next Year, Says Pantera Capital CEO


Pantera Capital chief executive officer Dan Morehead has predicted a 50% chance the price of bitcoin (BTC) will hit $115,000 by August next year. In a recent letter to investors, Morehead said: “If the new supply of bitcoin is cut in half (with the May 12 halving), all else being equal,...

Bitcoin to Face Stronger Global Recession Than In 2009, IMF Forecast Shows


The global economy is estimated to drop by 3% this year, before rebounding by 5.8% in 2021, the International Monetary Fund (IMF) said today, stressing that "this crisis is like no other." In the past 60 years, the global economy decreased only once. In 2009 it slipped by 1.73%. This...

Ross Ulbricht’s 9th Price Analysis Predicts Bitcoin Prices Below $3,000


The founder of the Silk Road marketplace, Ross Ulbricht, has published another analysis that attempts to predict the price of bitcoin. Ulbricht started sharing his price examinations last December and he leveraged the patterns of Elliott Wave theory to bolster his forecast. Also read: Bitcoin...

Bitcoin Forecast From Prison: Prepare to Buy, Crash Incoming


This image is said to be hand-drawn by Ross Ulbricht in prison: \"I let my hair and beard grow for one year after I was given two life sentences plus forty years without parole. Then I drew this picture of me in my cell.\" Source: a screenshot, Instagram/freerossulbricht Before Bitcoin (BTC)...

Researchers Cut Hardware Wallet Market Forecast


It seems that Mordor Intelligence, a market research company, downgraded its hardware wallet market growth forecast, while the market is still expected to grow more than 4 times its current size and reach USD 708 million by 2025. Now, the company says that in 2019, the hardware wallet market...

John McAfee Plans to Tokenize All 535 Members of US Congress


On Saturday, the notorious John McAfee revealed a new project he’s launching that aims to tokenize all 535 members of U.S. Congress in order to sell them on the open market. McAfee said that the U.S. representative tokens will be listed on his exchange McAfeedex so people can find out what...

Only 375 Days Left for McAfee’s $1M Bitcoin Price Wager


As the end of 2019 approaches, it means there will be one year left for John McAfee’s infamous wager that said the price per bitcoin would “reach $1,000,000 before the end of 2020.” If the forecast doesn’t come to fruition, he said that he would eat his family jewels...

Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money


Deutsche Bank analysts have made some predictions regarding the future of cryptocurrency. Strategist Jim Reid explained why cryptocurrencies are inevitable and how the existing fiat money system could crumble over the next decade, leading to soaring demand for cryptocurrencies. Also read: Swiss...

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