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Cryptos To Reach $3.6 Trillion In 10 Years, Bitcoin At $143,000: Report

The total market capitalization of cryptocurrencies is currently $225 billion led by Bitcoin (BTC: $7,000) at $120 billion. ICO advisory firm Satis Group is forecasting an extremely bullish trend for cryptos over the next 5 to 10 years in an Aug. 30 report: "CryptoAsset Market Coverage Initiation: Valuation." The firm expects cryptoassets to reach $500 billion next year and expand to $3.6 trillion by 2028. Satis also expects massive gains for privacy coins such as Bitcoin, Monero, ZCash and Dash. So where will new money come from? Satis' analysts expect more than 90% of the value to be derived from...

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10K Bitcoin Prediction To Come To Light?

A few outstanding CEOs have been discussing where the crypto market could be heading as we enter the closing months of 2018. Bobby Lee, the co-founder of BTCC predicted that Bitcoin could surpass the $60,000 mark within the next coming years and that it will reach a total circulation value of $1 trillion. So, what is the short-term rundown for Bitcoin? In the world today, there are over 3,600 Bitcoin ATM’s in the world and it is thought that there are four new Bitcoin ATMs being installed every day. It’s quite certain that the market for Bitcoin isn’t going to...

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Has Bitcoin (BTC) Begun A New Cycle Or Is It Going Down Again?

The price of Bitcoin (BTC) has entered a stage of uncertainty since the month of May. This has made it difficult for investors and analysts to decide whether the price is still going down or if it has already broken the downtrend. The correction which began in December shows the price to be in a steady decline as shown on the BTC/USD daily chart above. The question now is whether that correction has ended or not. The above chart for BTC/USD shows three distinct possibilities. The first possibility is the one shown by the yellow downtrend line that shows the...

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Bitcoin ETFs Could Be More Dangerous Than We First Thought

The Bitcoin ETF, the industries first chance of getting real, hard institutional investment on board, or, a chance for institutions to sit and speculate, causing more harm than good. It’s an argument that is cropping up all over the cryptosphere, one expert, the author of ‘Mastering Bitcoin’, Andreas Antonopoulos, has weighed in with his view that institutions could use ETF’s to actually speculate to a point that they are able to manipulate stock and prices. The premise of an ETF is that it will allow big investors to trade cryptocurrencies in the same way they currently trade stocks. The ETF...

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BTC, ETH And XRP Still Unsettled Moving Through September

As we settle into September, we want to look at the performance of the markets over the past few weeks. Through July and August we had expected markets to fly, if only on a temporary basis. What we have seen however is the complete opposite. Overall, cryptos have only fallen, retracting in value and now sitting way off the targets set during the cryptocurrency boom of 2017 and 2018. The major reason for this is a number of crushing decisions by the United States Securities and Exchange Commission with regard to a number of Bitcoin ETF applications. We must note...

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