Bitcoin Price Could Hit $15,000 This Year

Christopher Matta, Goldman Sachs

According to my estimates, the recent tx spam on the ETH network cost up to ~$15m USD

Vitalik Buterin


Investment company Pantera Capital Management published a blog post that over the past five years, the Pantera Bitcoin Fund has earned about 10136.15% (less commissions and costs) of the invested funds. The company also reported that it expected Bitcoin (BTC) to rise up to $ 67,500 by the end of 2019. Pantera Capital was founded […]

Pantera Capital: Bitcoin Will Reach $ 67500 by the end of 2019

The decision of the US securities and exchange Commission (SEC) to reject the application of the Winklevoss brothers for the creation of an exchange traded fund (ETF) caused panic among some players in the cryptocurrency market and provoked numerous “expert” forecasts about the upcoming collapse of bitcoin. However, the quotes of the first cryptocurrency reacted […]

The Panic Around the Winklwos Brothers Did Not Lower the Bitcoin Below $8,000

Famous businessman Jeffrey Wernick that started investing in Bitcoin in 2009, believes that people forget about the original idea of bitcoin and therefore have an absolutely wrong idea about this cryptocurrency, Business Insider says. He reminded that Bitcoin was designed as an alternative currency and to be out of the government’s and financial institution’s control. […]

Jeffrey Wernick: Bitcoin Investment is Protest Against Government Policies

The US government continues its debates regarding the security of blockchain technology while Asia proactively works on the industry development. All cryptocurrencies are based on DLT technology which stands for distributed ledger technology. One day it may determine who controls the world financial market. Obviously it may change the world’s balance significantly. While the US […]

USA Losing Cryptocurrency Race

TRON aims to become the largest entertainment P2P platform, this is also facilitated by the recent acquisition of BitTorrent and several system updates. On July 26, Justin San, the founder of the platform, compared TRON and Ethereum to networks. His verdict was that his creation was “80 times faster”. Rumors about the acquisition were being […]

Justin San: “TRON Is 80 Times Faster than Ethereum”

At the end of the summer season, Bitcoin market shows its “bullish” component. The cryptocurrency exchange rate near the psychological support threshold of 8 thousand US dollars continues to grow, despite the recent short-term price correction. The positive trend of bitcoin exchange rate growth at the moment only confirms the readiness of market participants to […]

The Bitcoin Exchange Rate Feels Confident, Trading Near a Psychological Threshold of 8 Thousand US Dollars

Famous crypto enthusiast Anthony Pompliano, former Snapchat manager, stated that he was sure that Bitcoin would cost $50k by the end of 2018 in his interview to Cheddar. His forecast matches the prediction made by Arthur Hayes, a former wall Street trader and the owner of Bitmex crypto exchange. Pompliano, current partner of Morgan Creek […]

Pompliano: Three Seasons Why Bitcoin Will Cost $50k By End Of 2018

This week several reputable crypto industry representatives stated that the time for a block creation should be limited to 1 minute instead of 10. Crypto community has divided into those who believe that it will improve the network and those who believe that it’s not possible. Nikita Zhavoronkov, the founder of Bitcoin Cash Blockchair, explained […]

Bitcoin Cash Block Creation Timing Will Cause Problems

According to COT weekly reports, provided by the US Commodity Futures Trading Commission last Tuesday: Major speculators (NON-COMMERCIAL) increases the selling position of bitcoin contracts from 0.15 thousand of contracts to 0.50 thousand. For the last two weeks major speculators have been increasing the positions even though they kept decreasing it for 6 weeks before […]

Bitcoin (BTC): Major Funds Purchase More Than Sell

On Thursday, July 26, the Securities and Exchange Commission (SEC) for the second time rejected the request of Cameron and Tyler Winklevoss on the creation of exchange-traded fund linked to bitcoin. Against the background of this news, the price of the first cryptocurrency fell by more than 3.5%, again below $8000. Recall, Winklevoss brothers for […]

The Price of Bitcoin Went Below $8000 Amid the SEC’s Repeated Refusal to Launch the Bitcoin-ETF of Winklevoss Brothers