Bitcoin’s Fair Market Price is $14,800, Says Cryptocurrency Bull Tom Lee

Bitcoin’s Fair Market Price is $14,800, Says Cryptocurrency Bull Tom Lee

Advertisement Cryptocurrency bull Tom Lee says bitcoin’s dismal price of roughly $3,400 is wrong because its actual fair market value is $13,800 to $14,800. The Fundstrat founder said he made the assessment by considering the number of active wallet addresses, usage per account, and supply metrics. “Fair value is significantly higher than the current price of Bitcoin,” he…

Bitcoin Price Reverses as [Another] Breakout Attempt Fizzles Out

Bitcoin Price Reverses as [Another] Breakout Attempt Fizzles Out

Advertisement The bitcoin price failed to extend its bounce once again, weighed down by weak bulls. The BTC/USD rate on Thursday dropped as low as 5.38 percent from its intraday high at 3488-fiat. The pair at press time is forming lower lows towards 3300-fiat on a strong volume jump on Coinbase. It expects to extend…

How Boerse Stuttgart’s Crypto Exchange Will Impact European Market

How Boerse Stuttgart’s Crypto Exchange Will Impact European Market

Advertisement On December 12, Boerse Stuttgart, the second-biggest stock exchange in Germany and the ninth-largest in Europe, said in an official statement that it plans to introduce a crypto trading platform by the second quarter of 2019. Alexander Höptner, the CEO of Boerse Stuttgart GmbH, stated: “With its combination of technology and banking expertise, solarisBank…

‘Crypto Congressman’ Floats Blockchain to Help Fund Trump’s Border Wall

‘Crypto Congressman’ Floats Blockchain to Help Fund Trump’s Border Wall

Advertisement Yesterday, US Rep. Warren Davidson (R-OH) stated in an interview with NPR that blockchain technology could potentially be used as a means to fund the border wall that has become little more than a political football in Congress, with President Donald Trump recently threatening a government shutdown if congressional Democrats fail to deliver funding for…

Pro-Crypto Robinhood & Revolut Aim to Replace Bitcoin-Hostile Banks

Pro-Crypto Robinhood & Revolut Aim to Replace Bitcoin-Hostile Banks

Advertisement Earlier today, two of the world’s hottest fintech startups, the US-based Robinhood and the UK-headquartered Revolut, separately announced new product offerings that could greatly benefit the crypto industry over the long-term and put pressure on bitcoin-hostile banks to begin modernizing their service lines. Bitcoin-Friendly Fintech Startups Want to Replace Banks Revolut, which recently achieved…

Crypto Protocol Wanchain Integrates MakerDAO’s Dai Stablecoin

Crypto Protocol Wanchain Integrates MakerDAO’s Dai Stablecoin

Advertisement For a particular set of crypto users, the need for centralized exchanges is one of the biggest stumbling blocks on the road to a completely decentralized future. Not everyone is going to prefer to use Bitcoin, and not everyone is going to prefer to use Ethereum. Indeed, not everyone is going to prefer any…

2018 Brought 54 Million New Crypto Users Despite Bear Market

2018 Brought 54 Million New Crypto Users Despite Bear Market

Advertisement The crypto market may have taken a tumble this year, but that has not diminished interest in the nascent technology. Crypto User Base Booms amid Price Decline According to a report by the Cambridge Center for Alternative Finance, a research center at the University of Cambridge’s Judge Business School, the number of crypto users…

UAE Firm Taps Ripple Blockchain RippleNet to Launch Cross-Border Payments

UAE Firm Taps Ripple Blockchain RippleNet to Launch Cross-Border Payments

Advertisement RippleNet, the blockchain-based global payment network of Ripple, is set to increase its footprint in the Middle East with a United Arab Emirates-based remittance firm set to unveil cross-border payments using the technology. According to Reuters, remittance firm UAE Exchange will roll out RippleNet-powered cross-border remittance services to Asia in the first quarter of…

Pro-Crypto Trading App Robinhood Adds Checkings & Savings Accounts

Pro-Crypto Trading App Robinhood Adds Checkings & Savings Accounts

Advertisement Menlo Park-based Robinhood has launched savings and checking accounts for its US customers, according to a company blog post. The new accounts would follow the similar trend that we have become accustomed to: “fee-free, commitment-free and surprise-free” were the words used lavishly on the company’s website. Robinhood, which operates a crypto trading platform in addition…