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Lee Believes BlackRock ETF Could Influence A $25k Price For BTC

Tom Lee, the famed Fundstradt CEO has spoken out once again about the price of Bitcoin. His predictions tend to focus around Bitcoin within the $25,000.00 region and indeed, this time round Lee still believes Bitcoin will see $25,000.00. I suppose if nothing else, Lee is very consistent with his predictions. According to Coininsider: “The Fundstrat CEO is claiming that he still thinks it’s possible that the cryptocurrency’s price could swell up to $25,000 USD, taking the relationship between Bitcoin’s price and BlackRock’s iShares MSCI exchange-traded fund (ETF) as a marker on which to base his prediction.” Lee see’s that...

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Which Of These 5 Bitcoin Investor Categories Best Fits You?

Dave Elder-Vass, a Reader in Sociology at Loughborough University (UK) has taken to The Conversation to discuss the history of Bitcoin, through the lens of the five different investors, or subcultures who have bought into Bitcoin, as both a viable currency and as an investment. The five categories discussed by Elder-Vass are;   The Idealists The Libertarians The Savvy Young The Investors The Portfolio Balancers   Which category best fits you? Well, in order to work that out, we need to see exactly what these categories mean. Starting off with The Idealists, the group that originally set out to create...

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August Recovery Could Set BTC, ETH And XRP Up For A September Run

Throughout today, the markets have finally started making positive movements, off the back of what thus far has been a very positive week. Granted, as we write this things could change and by the time you get to read this, Bitcoin could be back to $6,500.00. This is the beauty of cryptocurrency though. Also, we highly doubt Bitcoin is going to drop to $6,500.00 any time soon considering it’s current, optimistic progression. Overall today the markets have flown high and many cryptocurrencies have made tracks back to target figures that could prove to be very fruitful in any future bull...

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Lisk (LSK) Faces Resistance At 78.6% Fibonacci Against Bitcoin (BTC)

Lisk (LSK) has found resistance at the 78.6% Fibonacci after a bullish spree the past few days. The daily chart above for LSK/BTC shows that Lisk (LSK) has slowed down after its aggressive rise the last few days against Bitcoin (BTC). An altcoin rally is around the corner and investors are looking at different coins to see which one will commence that rally. Lisk (LSK)’s bull run the last few days convinced many analysts that the cryptocurrency has finally found a bottom and is now looking for momentum to begin its bullish cycle against Bitcoin (BTC). The OBV Oscillator on...

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Institutional Investors Are Ready For Bitcoin

Professional services firm Deloitte are alleged to have completed a new research project into blockchain investment from their clients within the Technology and Media industries. The bottom line of the research is that these institutions are ready to invest in blockchain technologies, a readiness that could in turn inspire major institutional investment into cryptocurrency and blockchain projects such as Bitcoin. This research comes as a part of a bigger push from Deloitte, into exploring how their clients can benefit from investment in the cryptosphere. As a result of this, the research carried out has been done so on a vast...

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