Forex and Crypto News

Poll: Bitcoin can grow, but then fall again

14:59 22 May /2019

The website Finder conducted a survey among the participants of the FINTECH industry, in which he asked how they see the near future of Bitcoin.

Major businessmen participated in the survey, including hedge fund managers Arca and BitBull Capital. Five of ten experts said that now is the time for investors to buy cryptocurrency. In their opinion, the increase in reserves in Bitcoin will have a good impact on the status of the portfolio of buyers.

Four respondents think that BTC will be able to exceed the mark of $20,000, that is, repeat the “bullish” growth that we observed two years ago. But these same experts believe that after such growth there will be a sharp pullback, which was observed last year.

Most of the surveyed businessmen believe that by the end of 2019, the average rate of Bitcoin will increase to $9,659 and is unlikely to be able to overcome the $10,000 mark.

Today, Bitcoin is trading at $7,866, other digital assets are also showing growth. The largest altcoins ETH and XRP rose to $252 and $0.4, respectively.

Many Twitter users also believe that the positive dynamics in the cryptocurrency market should continue until the end of this year. For BTC, a level above $ 8000 will be your starting point for a more aggressive breakthrough. At the same time, resistance as the value of the coin grows will also increase, which will become the main obstacle to taking new heights.

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ICO projects sold 400,000 ETH during November

During November, ICO-projects sold 416K ETH. This is the largest figure since the summer, reports Trustnodes.

According to Santiment, in August, ICO startups sold only 100,000 ETH. In September, sales of digital currency increased significantly, reaching 300 thousand ETH. In Nov

12:01 17 December /2018