VanEck, StoneX analysts peg Ether price upside at $12K to $22K
The Ethereum network could generate $66 billion in free cash flow from transaction fees by 2030, VanEck estimates.
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Bitcoin Price Slips 10% in 24 Hrs as Fed Raises Facebook Libra Concerns
Bitcoin price (BTC) shed more than 10% on July 11 as markets appeared to react to criticism of Facebook’s Libra from a senior United States lawmaker.Market visualization courtesy of Coin360Data from Coin360 sees the majority of cryptocurrencies firmly in the red Thursday, hours after Federal Reserve Chairman Jerome Powell said Facebook’s offering should not continue development.Libra, which…
Bloomberg: Goldman Sachs Plans ‘Crypto Custody’ Offering, Despite Bleak Market Predictions
Goldman Sachs plans to “offer [clients] custody for crypto funds,” insider sources told Bloomberg August 6, as the investment bank says it remains “undecided” on its cryptocurrency plans. As the publication reports, Goldman, which in May first hinted it would trade Bitcoin futures, now aims to offer various products linked to digital assets “in response…
Bitcoin $100K possible by chipping away at gold’s market share: Goldman Sachs
Bitcoin has a good chance to topple $100,000 by taking market share from gold as a store of value, Goldman Sachs analysts predicted. 1253 Total views 50 Total shares Bitcoin (BTC) failed to close 2021 above the long-expected $100,000 level, but experts believe the psychological horizon is still achievable by taking gold's market share, albeit…
Boerse Stuttgart Launches Regulated Digital Exchange
As of today, the newly launched Boerse Stuttgart Digital Exchange (BSDEX) is available to select users in Germany.Fully regulated under the German Banking ActIn a Sept. 23 press release, the Boerse Stuttgart Group — Germany’s second-largest stock exchange — announced that trading has started on its newly launched digital asset exchange platform, Boerse Stuttgart Digital…
Bithumb Losses Totalled $180 Million in 2018 Bear Market, Company Reports
South Korean cryptocurrency exchange Bithumb had a net loss of 205 billion won ($180 million) in 2018 due to the Bitcoin (BTC) bear market, local English-language daily news outlet Korea Times reported on April 11.Citing data from the exchange’s operator, BTCKorea.com, the publication revealed Bithumb, South Korea’s largest exchange, endured the extensive losses despite sales…
Bitcoin beats out final resistance as Ethereum returns to $2K
The two largest cryptocurrencies revisit significant price levels with sellers rapidly disappearing from exchange orderbooks. 4412 Total views 32 Total shares Bitcoin (BTC) briefly hit $60,000 on April 2 in the latest installment of its slow grind back to all-time highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewBTC price taps $60,000Cointelegraph Markets Pro and TradingView showed…
Worldwide searches for ‘onchain’ on Google hit all-time high
“The learning phase is over. A new era is coming,” says CryptoQuant CEO Ki Young Ju.
State Street teams up with Galaxy, eyeing new ETFs beyond Bitcoin
State Street believes the “next level of growth” will come from investment options offering more than “pure spot” Bitcoin.