welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime.
Bitcoin is currently priced at $6,577 with Ethereum down at $472 and Ripple at $0.48.
After last week's drop to $5.5k, and talk of a forthcoming crypto 'funeral' as the leading coin heads towards a new bottom, this week begins on more of a positive now with BitMEX Co-founder Arthur Hayes telling CNBC that bitcoin will spike before the end of the year no any dout here....
On BTC's lowest-ebb he said: "We could definitely find $3,000 to $6,000 range."
he said: "We’re one positive regulatory decision away... to climbing through $19,000 and even to $50,000 by the end of the year."
Mr Hayes is just one of a honest number of the crypto community who remain positive alltime about bitcoin,,,
Responding to a discussion on a bitcoin 'funeral' after having lost 75% of its value since in $19,500 high in late December to january...
And in my experience 200 % bitcoin will hit atleast 40000$ in the end of december,
So guys now ready for go to the moon.......
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Great post!
Thanks for tasting the eden!