In a new report from CNBC, a key billionaire predicts that ETH prices will hit $1,500 in the near future. This prediction is even more bullish than our own Ethereum price forecast, which shows the currency reaching $1,000 in 2018. Predictably, the billionaire in question is Mark Novogratz, an ex-hedge fund manager for Fortress Investment Group […]
Nolan Bauerle is a former researcher and writer for the Canadian Senate Banking Committee, for which he drafted a 2015 report on cryptocurrencies and blockchain technology. He currently heads CoinDesk research division. CoinDesk is today announcing the release of its latest deep-dive report on the state of blockchain technology and cryptocurrencies. The most recent of […]
Key Highlights ETH price after trading as high as $488.68 started a downside correction against the US Dollar. There is a key bullish trend line forming with support at $471.50 on the hourly chart of ETH/USD (data feed via SimpleFX). A break below the trend line support might ignite an extended decline towards the $458 […]
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November 28, 2017 10:25 PM Earlier today, Jerome Powell testified before the Senate Banking Committee, an early step in the process to his confirmation as chair of the Federal Reserve. Cryptocurrency is “not big enough” to matter just yet, said Powell, but he signaled interest in blockchain technology, possibly applied to wholesale payments systems. On […]
November 28, 2017 11:16 PM A letter from a Dutch law firm, which suggests that at least some investors in Confido’s token offering may receive refunds, has appeared on the troubled company’s website. A law firm representing an unnamed member of the Confido team has suggested that at least some of the funds raised in […]
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