Bitcoin Will Recover Without ‘Mainstream Breakout’ in 2019, Says Fundstrat

Fundstrat Global Advisors has published its 2019 outlook on the cryptocurrency market. The document suggests that positive incremental developments are incoming.  Mainstream Adoption Not Needed for Bitcoin to Bottom Tom Lee, Fundstrat Global Advisors’ Head Analyst, has announced the release of the company’s 2019 Outlook on the cryptocurrency market. The document outlines the disappointing year […]

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Ethereum Price: Consolidating For The Next Leg Up?

On Friday Litecoin kickstarted a phenomenal rally which led the entire market higher. Can Ethereum continue to gain on its own or will Bitcoin and Litecoin price action mirror Ethereum’s future course? Ethereum Price: Market Overview Ethereum 00 and Litecoin both staged amazing rallies over the past few days. Bitcoin’s strong upside move shifted it […]

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Iran May Unveil State-Backed Cryptocurrency This Week

Iran is reportedly expected to announce its state-backed digital currency at the annual Electronic Banking and Payment Systems Conference which starts on January 29th. The move is an attempt to bypass US-imposed economic sanctions.  Iran-Backed Cryptocurrency Iran first announced its intentions to launch a state-backed digital currency in the summer of 2018. The move was […]

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Nasdaq CEO Predicts Bitcoin Could Be ‘Global Currency of The Future’

Adena Friedman is President and CEO of Nasdaq. Speaking ahead of Davos World Economic Forum, which focuses on “Globalization 4.0” this year, she makes some interesting predictions. Cryptocurrencies, she says, could still be a global currency of the future. Nasdaq CEO Bullish on Cryptocurrencies As we play a game of “tug of war” between cryptocurrency […]

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‘Unlikely in Next 30 Years’ – Russian Official Dispels Bitcoin Investment Rumor

Elina Sidorenko, head of the Legislative Risk Assessment Group in Russia, says there is no merit to rumors that the country will invest as much as $10 billion in bitcoin. Russia: Cryptocurrency Framework Not Yet in Place Speaking to Forklog, Sidorenko said the country doesn’t yet have the regulatory structure to invest state funds in cryptocurrencies. […]

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A.T. Kearney Report: Bitcoin Will ‘Mature’ and Reclaim Market Share in 2019

Bitcoin is not dead, management consultancy AT Kearney has concluded in its 2019 predictions – the latest source to defy claims it is trending to zero. Cryptocurrencies Are ‘Post-Crash’ As part of its annual series of ten forecasts for the coming year, somewhat less ‘outrageous’ than a similar tradition at Saxo Bank, the company declared […]

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Major Hong Kong Winemaker is Buying a Japanese Cryptocurrency Exchange

A major winemaker, listed on the GEM board of the Hong Kong Stock Exchange is to acquire a majority stake in a Japanese cryptocurrency trading platform. The deal is meant to “achieve a better return” to the company’s shareholders. In Search for Diversification Madison Holdings Group – a $534 million winemaking company listed on the […]

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India Likely To Lift Cryptocurrency Ban in 2019

India’s long-running saga regarding the legality of cryptocurrency is likely to see a lifting of the current ban in 2019. Indian Flip Flops Reports suggest the Gov’t formed committee debating the matter are in favor of legalization, although with strong regulations. India was a notable early adopter of Bitcoin, prompting the Reserve Bank of India (RBI) to issue its first cryptocurrency warning way back in December 2013. But […]

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3 Cryptocurrencies Decoupling From Bitcoin into 2019 (PAL, TRX, WAVES)

2018 was underwhelming compared to 2017. The bear market went into full swing and most cryptocurrencies lost over eighty percent. Bitcoin has begun decoupling from many cryptocurrencies including those having some of the biggest developments of 2018. WAVES, TRX, and PAL are three cryptocurrencies that have persevered through the bear market. These three projects exceeded […]

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