The price of bitcoin is able to rise to $ 115,212 by August 1, 2021, analysts at the crypto investment company Pantera Capital say.
“I would not bet all my savings that this will actually happen, but I think it is possible, and the pace is right now for this,” Dan Morehead, founder of Pantera Capital, said on television.
Analysts point out that Bitcoin is following the trajectory…
China Blockchain Platform To Launch Digital RMB Testing This Year
January 18, 2021
China’s National Blockchain Platform (Blockchain Service Network, BSN) plans to launch a beta test of its central bank digital currency (CBDC) in the second half of 2021. BSN is developing a “Universal Digital Payment Network” (UDPN). A January 15 press…
The Prime Minister of Canada in 2006-2015 Stephen Harper believes that Bitcoin can complement the national digital currencies in the basket of reserve currencies in order to replace the dollar.
Speaking to Jay Martin of Cambridge House International, Harper said that another…
Former US Treasury Secretary: Bitcoin Price Will Continue To Grow
January 18, 2021
Former US Treasury Secretary Lawrence Summers said that “bitcoin will not collapse”, its price will continue to rise in the long term.
“The cryptocurrency looks much more resilient after the price set a new record and then declined,” he said.
Summers believes that the reason for the continued growth of bitcoin will be an increase in demand with a limited supply of…
German Exchange launches trading in Norilsk Nickel tokens
January 18, 2021
Users of the German stock exchange (Deutsche Börse) will be able to buy Norilsk Nickel tokens backed by palladium. Recall that the Russian giant announced its intention to issue a digital asset tied to precious metals back in 2019. According to the head of Norilsk Nickel…
The price of the Incent token jumped by 1.5 million percent per day, and then collapsed
January 18, 2021
On January 17, the Incent token went up in price by 1.5 million percent and took the second line from the list of the largest cryptocurrencies by capitalization. The price of the altcoin exceeded $ 3.5 thousand, and its market value reached $ 164 million. Immediately after…
Bitcoin could become a reserve asset
January 18, 2021
Stephen Harper, former Prime Minister of Canada, allowed the use of bitcoin and central bank digital currencies in a basket of reserve currencies that will replace the US dollar. In an interview at the Resource Investment Conference, Harper said the US dollar could replace another major currency, the euro or the Chinese yuan. However, he questioned the prospects of these alternative currencies…
Analysis of prices for BTC, ETH, XRP (01/18/21)
January 18, 2021
BTC / USD
Last weekend the bears pushed through the support of 36000.00 USD and tested the level of 34000.00 USD. Yesterday afternoon, buyers tried to recover the price, but could not hold above the hourly EMA55.
Today, attempts to gain a foothold above the level of…
The growing demand of institutional investors for cryptocurrencies is evidenced by the data on the increase in investment in trusts by the Grayscale asset management company. At the end of last week, this giant published new figures, from which it follows that the total…
The founder of Alden Investment Strategy, Lyn Alden, admitted that she does not invest in ether, as she considers this tool less promising than bitcoin.
Twitter strategist posted a series of posts, in which she analyzed the long-term potential of the largest digital currencies.
TLDR; Ethereum could indeed do very well over the next year in terms of price, but as long as it’s transforming…