Bitcoin

Analyst Prices Bitcoin at $400k By Next Year Based on Miner Capitulation Pattern

The Bitcoin Performance Since Difficulty Bottom chart shows the formation of a cup pattern peaking in spring 2021. This price prediction tool puts Bitcoin at an astonishing $ 400k by then. #bitcoin $ 10k … it’s getting really interesting now pic.twitter.com/jocvo3sluD — PlanB (@100trillionUSD) February 18, 2020 Bitcoin Performance Since Difficulty Bottom Chart Following the […]

ICO

Speculation Undermines Crypto Prices and Utility, Says Bank of England Senior Economist

Speculation creates congestion on the blockchain that harms a cryptocurrency’s utility and overall value, a senior economist at the Bank of England (BoE) has said. Peter Zimmerman, who has been a senior economist at the U.K. central bank since 2007, argued in a working paper published Friday that speculation undermines the effectiveness of cryptocurrencies to […]