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Tag Archives: Years

Bitcoin Price Could Reach $40,000 Within Years: Billionaire Marc Lasry

Another billionaire has officially jumped on the bitcoin bandwagon. The latest addition to the burgeoning group of bitcoin billionaires is Marc Lasry, the co-founder of Avenue Capital Group, an investment firm with $9.6 billion in assets under management. Speaking with CNBC, Lasry — who is also a co-owner of the NBA’s Milwaukee Bucks — said that he believes the bitcoin ...

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Imperial College London Professors Expect Bitcoin to Go Mainstream in Ten Years

Many people question whether or not cryptocurrency can ever gain mainstream traction. The way things are looking right now, that appears rather unlikely unless something changes dramatically. New research by Imperial College London paints a very different picture in this regard. The Future of Cryptocurrency is at Stake Compared to more traditional financial markets and vehicles, cryptocurrencies are still relatively ...

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Bitcoin Could go Mainstream Within 10 Years: Imperial College Research

When will cryptocurrencies gain widespread adoption? According to a study conducted by researchers at the Imperial College London, cryptocurrencies possess the potential of becoming a widely used form of payment within the coming decade. In their research report titled “Cryptocurrencies: Overcoming Barriers to Trust and Adoption” Imperial College London’s Professor William Knottenbelt and Imperial College Business School’s Dr. Zeynup Gurguc, ...

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Study Says Bitcoin Will Replace Traditional Currency Within Ten Years

Cryptocurrencies like Bitcoin are the “next natural step” for the global economy, according to academics from the Imperial College London in a study commissioned by cryptocurrency exchange eToro. Store of Value, Medium of Exchange, and Unit of Account The study, as outlined by the Independent, presents research from Professor William Knottenbelt and Dr. Zeynep Gurguc. The two claim that digital currencies ...

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Wall Street’s Tom Lee Says Bitcoin Price to Hit $22K by Year’s End, ‘Can Reach $25K’

Financial market research firm Fundstrat’s Tom Lee defended his position that Bitcoin (BTC) could trade at anywhere from $22,000 to $25,000 by the year’s end, in two CNBC interviews Thursday, July 5. Lee made sure to clarify to reporters that his most recent $22,000 price prediction is emphatically not a bearish retreat from his previous forecasts of $25,000. Lee, a ...

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BBVA CEO Expects Blockchain Tech to Take off in Five Years or Less

There are high expectations associated with blockchain technology. Not only do blockchains power all of today’s popular cryptocurrencies, but they will also make a splash in the financial sector. BBVA CEO Carlos Torres Vila is confident that distributed ledgers will make their mark within the next five years. The Financial Sector Needs Blockchain and Transparency Even though the financial sector ...

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Major Wall Street Firm Secretly Traded Bitcoin for Over two Years

Wall Street continues to show a great interest in Bitcoin. Various firms are looking at the concept of introducing trading desks. One company, which has flown under most people’s radar, already took the plunge a while ago. Susquehanna International Group has built up a trading desk of a dozen people buying and selling cryptocurrency. Bitcoin is an Appealing Currency A ...

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Crypto Ecosystem Will Not See Regulation for Years

Kathryn Haun, board member of Coinbase and HackerOne claimed that cryptocurrency and blockchain will not see regulation for years, Techcrunch reports May 31. Haun made her statements on regulation at the Code Conference in California today. Haun drew parallels between the internet and crypto, claiming that the in the early days of the internet, users called for one single regulatory ...

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