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Tag Archives: Predicts

Dubai Police Warns Against Crypto Scams, Predicts Electronic Money Will Replace Cash

Dubai Police currently investigating a Dh 300 million ($81.7 million) international fraud case have issued a warning about the potential role of digital assets in terms of facilitating crime in the UAE. Speaking at a forum on Sunday September 16, Major-General Khalil Ibrahim Al Mansouri, assistant-commander of criminal investigation department (CID) at the Dubai Police warned that a lack of awareness ...

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Tim Draper Predicts Total Crypto Market Cap of $80 Trillion in Next 15 Years

Venture capital investor Tim Draper has predicted that total cryptocurrency market capitalization will hit $80 trillion in the next 15 years, news outlet DealStreetAsia reported September 14. Speaking at the DealStreetAsia PE-VC Summit 2018 in Singapore, Draper argued that the significant slide in the cryptocurrency market in recent months is attributed to people who have not adopted digital currencies as ...

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BitPay CCO Predicts Altcoins to ‘Never Come Back,’ Bitcoin to ‘Rebound’ in 2019

The CCO of global crypto payment processor Bitpay said that altcoins “will never come back,” while Bitcoin (BTC) will “rebound” in 2019, in an interview with Bloomberg September 12. The Chief Commercial Officer of BitPay Sonny Singh said that cryptocurrency markets are now on the threshold of a new stage of progress, which requires a certain “defining moment,” or a ...

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Litecoin Will NEVER Test $400 Predicts Sabis Group

The crypto verse is can be dramatic and depending on your preference, Litecoin and Bitcoin enjoy wide media coverage—and sometimes from research groups as Satis. They claim Litecoin gains shall average at $255 in the next decade and despite on-chain developments and adoption levels, LTC will never rise to $400. From the News Perhaps a stand out as the week ...

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Research Firm Satis Group Predicts Bitcoin at $144,000 in 10 Years, Bitcoin Cash at $180

Research firm Satis Group has released a new report making bold price predictions about the current leading cryptocurrencies on the market. It is attempting to create accurate valuations based on real-world data. Individual Crypto Asset Valuations As an emerging, disruptive technology that’s value isn’t yet fully understood or demonstrated, it’s increasingly difficult to give each individual crypto asset a valuation. ...

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Iranian Crypto Ransomware Threat Will Rise in Today’s Geopolitical Climate, Report Predicts

Iran-based malware that demands a digital ransom in cryptocurrencies is on the rise and will further escalate in the present geopolitical climate, according to a report published by global management consulting firm Accenture on August 7. After two years of analysis, Accenture Security iDefense predicts that emerging trends in the Iranian cyber threat landscape will intensify as the country is ...

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Nobel Prize Winning Economist Paul Krugman Expresses Skepticism About Crypto, Predicts Collapse

Nobel Prize winning economist Paul Krugman has expressed his skepticism about the value of cryptocurrencies in a New York Times Opinion piece published July 31. Krugman, who was awarded the Nobel Prize in Economic Sciences in 2008, explains his position as a “crypto skeptic” by noting the high transaction costs and an “absence of tethering” associated with cryptocurrencies. Krugman describes ...

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Mike Arrington’s Hedge Fund Holds More Bitcoin Than XRP, Predicts Bitcoin To Hit $25,000 This Year

Mike Arrington, the founder of Arrington XRP Capital, who raised eyebrows in November launching a hedge fund denominated in Ripple, said the hedge fund actually holds more bitcoin than XRP during a CNBC Cryptotrader interview at Korea Blockchain Week. He also predicted bitcoin’s price will reach $25,000 this year. Arrington announced his $100 million hedge fund in November, which will invest ...

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Blockchain CEO Predicts Big Things Ahead for Bitcoin This Year

The CEO of Blockchain recently appeared in an interview to discuss the current state of the cryptocurrency industry, highlighting institutional interest as the primary talking point. Peter Smith: We Will See Positive Consolidation Over Q3 Of 2018 In a Bloomberg interview conducted on July 20th, Peter Smith, the CEO of the popular crypto infrastructure firm Blockchain, commented on Bitcoin’s most ...

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