The Crypto World Cup: Meet the Players, Guess Who Wins

the crypto world cup meet the players guess who wins

It’s time for the next saga in our crypto game adventures – the Crypto World Cup! The world of crypto has a lot of big names. It’s about time they faced off with one another. Who will come out on top? Let’s meet the players! Crypto World Cup: Who’s Who Our crypto representatives come from all walks of crypto – token developers, crypto advocates, analysts, even some crypto naysayers. All of our fabulous crypto representatives were assigned randomly to a country playing in the FIFA World Cup. Their progress in…

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Tom Lee Says Bitcoin Bears are Wrong About Three Things

tom lee says bitcoin bears are wrong about three things

According to Tom Lee, Bears aren’t accurately reading declining volume, tumbling Google search trends and prospects for the price crash. Indeed, Fundstrat’s Tom Lee believes Bitcoin is offering a strong buying opportunity for long-term investors, as he expects the largest coin to trade around $25K by the end of the year. Bears emphasize that a decline in Bitcoin searches in Google is an indication of a lack of trader interest in digital coins. Bitcoin searches dipped almost 75% since the start of this year. Tom Lee, on the other hand,…

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Tom Lee Explains Why Consensus 2018 Didn’t Boost BTC Prices

tom lee explains why consensus 2018 didnt boost btc prices

The NY Consensus 2018 has become the most important and expected event in the crypto ecosystem. The best projects, authorities, and influencers gathered together last week to share ideas and make announcements that could potentially revolutionize the industry. Many expected that during the week, Bitcoin price would rise as a result of increased market confidence. Such an approach would be logical, as, in previous years, cryptos followed this behavior. One of the first to talk about this pattern is Tom Lee, CEO of Fundstrat. In an interview for CNBC, he…

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Tom Lee’s 70% BTC Upside Prediction; Is it a Fairy Tale?

tom lees 70 btc upside prediction is it a fairy tale

Bitcoin price (BTC) plummeted sharply in the last two days following Bill Gates and Warren Buffett’s criticism regarding the cryptocurrency markets. The largest coin traded at around the $9,000 level early today, down almost $1,000 from Sunday’s high of $9,900. Altcoins fell at a high mid-single-digit rate in the last two days, pulling the total cryptocurrency market capitalization to the lowest level in the last week. Despite this, another Tom Lee prediction has surfaced. Bears are on top of the market as business icons have called cryptocurrency markets a “greater…

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Tom Lee Predicts an Increase in BTC Prices After NY Consensus Summit

tom lee predicts an increase in btc prices after ny consensus summit

The rising popularity of bitcoin in recent days does not seem to be subsiding. According to Tom Lee, CEO of Fundstrat, Bitcoin could boost its bullish behavior thanks to the annual “Consensus Summit” conference. According to an article published by Bloomberg, an analysis conducted by the firm concluded that after each conference, confidence in the crypto market increases considerably. The NY Consensus Summit is an initiative of particular importance to the world of crypto money and blockchain technology companies. But beyond that, the event has made a name for itself,…

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Bitcoin Hashrate Nears All-Time High Despite Market Skepticism

bitcoin hashrate nears all time high despite market skepticism

The Bitcoin hashrate is nearing its all-time high, despite market skepticism over Bitcoin’s popularity. The Bitcoin hashrate was at 31.6615 hash per second as of May 1st, 2018, according to data from BitInfoCharts. Not long ago, on April 20th, 2018, Bitcoin (BTC) achieved a hashrate of 32.1278 hash per second, which was the Bitcoin hashrate all-time high. The current hashrate isn’t far off from that high and may reach it once more in the coming days if the hashrate continues to grow as indicated by the chart. What does it mean for…

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