Why an investment firm believes Bitcoin will rally 430% in 2020 | Bitcoin’s recent price jump has nothing to do with the Middle East crisis, here’s whyBTC 📉 $7924 (+5.56%) / ETH 📉 $144 (+4.46%) / XRP 📉 $0.22 (+12.34%)
📈 Trade with $0 Commissions on the ShortHop Crypto Marketplace. Learn more ➡️ XRP bulls bring token back to life during massive surge, but how high will it go?XRP was one of the worst-performing cryptocurrencies throughout 2019, ending the year down over 40 percent. Turkish regulatory group to propose new crypto rules and regulationTurkey’s financial regulator is ramping up efforts to develop a new framework that allows the federal government to oversee the use of cryptocurrencies throughout the nation. Why an investment firm believes Bitcoin will rally 430% in 2020While it posted a 90 percent gain on the year, Bitcoin didn’t fare too well in the second half of 2019, retracing by 50 percent from $14,000 to as low as $6,400 as a majority of mainstream asset classes posted astronomical gains on the back of central bank liquidity injections into the market. Low Bitcoin volumes and volatility signal uncertainty behind BTC’s latest rallyDespite a strong rebound in both price and sentiment, the Bitcoin market is grappling with the lowest real trade volumes seen since April last year, as reported by Forbes. Nakamowho? Blog by “Pro-Bitcoin” technologists bashed by BTC maximalistsIf you’ve been on Crypto Twitter at all over the past 48 hours, you’ve likely realized that “Nakamoto,” the surname of pseudonymous Bitcoin creator Satoshi Nakamoto, is trending in our quirky corner of the Internet. Cardano (ADA) is struggling despite market uptrend: 3 key reasons behind the slumpDespite an uptrend in the crypto market and major technical breakthroughs, Cardano (ADA) is failing to recover. Bitcoin’s recent price jump has nothing to do with the Middle East crisis, here’s whyThe Bitcoin price has increased by more than eight percent from Jan. 3, within a three-day span. Many analysts have attributed the short-term gain to the crisis in the Middle East, but it is likely far-stretched. This simple analysis suggests the Bitcoin price could increase 100% in 2020Due to the fact that it is an illiquid asset, Bitcoin’s day-to-day price movements are unpredictable. Report: Bitcoin and crypto adoption surging despite bear marketAccording to the latest Coin Metrics report, 2019 has been a record-breaking year when it comes to crypto adoption. Featured event🇹🇷 IstanBlock 2020 - April 9-10, 2020 - Culminating at the end of a week’s worth of incredible side attractions, exhibitors and speakers from the world of blockchain and crypto, IstanBlock 2020 will allow you to rub shoulders with blockchain experts, government leaders, business tycoons and of course top tier media outlets that specialize in sharing news and information from this ever-evolving space. Learn more Featured companies🇺🇸 ShortHop - ShortHop by Velocity Markets Inc. is a U.S. based marketplace that lets you buy, sell and trade crypto online. Currently offering $0 commissions, ShortHop connects to multiple exchanges and gets you the best price available. Learn more 💸 ZenLedger - ZenLedger is a tax software that enables you to import cryptocurrency transactions, calculate gains and income, and auto-fill tax forms like 8949, Schedule D, FinCen114 & FBAR. Learn more ⛱ LocalCryptos - LocalCryptos is a peer‐to‐peer custody‐less encrypted marketplace for buying and selling ether over‐the‐counter. Learn more 📈 AMFEIX - AMFEIX groups investors' funds into a pool that is managed by experienced traders on liquid exchanges. Our team of professional technical traders and analysts execute open market operations on a daily basis and make profits from the volatility. Learn more Want to be seen here? Contact us Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article. If you liked this post from CryptoSlate, why not share it? |