The Best in Crypto – 5/11/18

Mining Will Propel Bitcoin Price To $36k In 2019, Says Latest Fundstrat Research

Research elaborated in the shared executive summary of the findings (Cointelegraph).

Nvidia Reveals Crypto Sales for First Time and Predicts Big Drop

The figure revealed by the American technology company is said to drop in the second quarter (Bloomberg).

Bacardi Rum Heiress Invests $100 Mln In Blockchain Entertainment Platform

Lady Monika Bacardi invested about $100 million in a blockchain-powered social entertainment platform called TaTaTu, which is a hybrid of a Video on Demand service and a social network site (Cointelegraph).

The ‘World’s First’ Crypto Beer Vending Machine Has Arrived

Partnering with Anheuser-Busch, the crypto tech company Civic branded and built the vending machine. Civic stated,”We’ve been thinking about practical ways of bringing crypto technology to a more mainstream audience, and how can we go so so niche that it’s so easy to understand for a regular individual. Proof of age seemed like the best low-hanging fruit” (Coindesk).

Maximalist for Hire: Bitcoin Believer Pierre Rochard Starts Advisory Firm

Accountant turned self-taught software engineer “wants to provide a variety of prospective investors with unadulterated insight into bitcoin… but unlike with a traditional financial advisor or fund manager, clients are only paying for Rochard’s time. His advice, then, won’t be motivated by wanting people to invest through him or in anything offered exclusively by his company… he wants clients to walk away with the tools to manage their own investments”

Bitcoin Slips Below $9,000 After Korean Exchange Raid

After South Korean prosecutors raided the offices of one of the largest cryptocurrency exchanges Upbit, Bitcoin’s price halted just under $9,000 (Bloomberg).

Bitcoin could soar as high as $64,000 in 2019

Fundstrat co-founder Tom Lee believes bitcoin prices can be propelled by the economics of bitcoin mining (CNBC).

Wall Street is moving into the bitcoin market. So why aren’t prices rising?

Potential reasons for the lack of Bitcoin price rise (Quartz).

Bitcoin slides late Thursday, but holds key level above $9,000

Recent price analysis of Bitcoin (MarketWatch).

Leave a Reply

Your email address will not be published. Required fields are marked *