Bitcoin News
By Steven Anderson
1 / 15
The cryptocurrency market has calmed down, and the predictions for the price of the Bitcoin is turning positive.
2 / 15
The price of the Bitcoin shifted by less than 1%; the fine margins lead to a quiet day of trading.
3 / 15
Despite the recent crash, several experts opine that Bitcoin is all set to track the upward trajectory. Before the end of this year, the prices would go even high.
4 / 15
Simon Peters, an analyst at eToro opined that the recent price dip is due to the batch of Bitcoin Futures Contracts which were all set to expire.
5 / 15
Simon Peters reported to the Independent recently that the “Chicago Mercantile Exchange Bitcoin futures contracts are set to expire tomorrow, which historically has prompted…
6 / 15
The scenario might be that the investors are selling off now to insulate themselves from more significant losses in the forthcoming days.
7 / 15
Several prominent personalities in the cryptocurrency community are sticking on to their predictions.
8 / 15
John McAfee, in his official tweet, stated, "Bitcoin under $9,500. If you are panicking, you are a fool.”
9 / 15
Bitcoin has failed to revolutionize the financial system of the world, but it is too early to call the cryptocurrency revolution as dead.
10 / 15
"The crypto revolution is going to happen"— though it will need time to get off the ground.
11 / 15
The crazy bull market of 2017 got the unrealistic expectations of people predicting when the crypto revolution will happen.
12 / 15
"You gotta give them some more runway before we give them the thumbs up or thumbs down."
13 / 15
Novogratz has to warn that it could be five years before Bitcoin and the cryptocurrencies might impact the lives of people.
14 / 15
"I think [the next Bitcoin bull run will happen] when institutions start coming in,” Novogratz further added, but promised, "they're slowly and steadily moving in."
15 / 15
The Bitcoin is not a backwater experiment anymore; instead, it is a part of the financial infrastructure, and it is time for the regulators to catch up.
The Currency Analytics
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