Crypto markets might need more than a decade to regain 2017’s price highs, but the industry will a “dramatically different ecosystem at that point,” according to top altcoin Cardano’s (ADA) founder, Charles Hoskinson. The industry expert made his comments in an interview with Cointelegraph at the Crypto Finance Conference, Jan. 17. Hoskinson compared crypto’s major growth spurt in 2017 with Amazon’s performance during the dot-com bubble. The entrepreneur — who is also the co-founder of Ethereum (ETH) — noted that it took 11-12 years for the internet giant to recover its all-time highs at the peak of the bubble. He …

Key technical parameters signal that top cryptocurrency Bitcoin (BTC) may be finding a bottom, and could even be headed for a short term price hike, according to analysts at Bloomberg Jan. 22. Bitcoin’s GTI Global Strength Technical Indicator is now at 35.6, which Bloomberg notes is “nearing oversold levels,” and the lowest level since December. The parameter indicates the coin has robust support at $3,000-$3,100, and is stabilizing around the $3,500 mark. Bloomberg gages the likelihood of a short term rally based on the GRI VERA Trend Signals indicator — VERA, which stands for Volatility Explosion Relatively Adjusted theory, is …

The next cryptocurrency bull run will decide which public blockchains become the defining names of the industry, United Kingdom-based investor and entrepreneur Alistair Milne predicted in a Twitter thread Jan. 19. Milne, who is well known on Twitter in particular as a source of bullish statements about Bitcoin (BTC), said that any new price highs for the largest cryptocurrency should surpass those of 2017. “The probability that Bitcoin matches its ATH [all-time high] price again and doesn't then continue past it seems very low. Each wave of adoption is an order of magnitude bigger than the last,” he wrote in …

Blockchain is featured as a disrupting technology in the Tech Trends 2019 report published by Big Four audit and consulting firm Deloitte on Jan. 16. According to one article in the report, “[a]dvanced networking is the unsung hero of our digital future,” and blockchain is cited as a part of it. The report — which mentions blockchain 25 times — notes that blockchain is among the technologies the importance of which is growing rapidly and still on its path towards mass adoption. The report also cites a International Data Corporation’s (IDC) projection from last year that states worldwide spending on …

The views expressed here are the author’s own and do not necessarily represent the views of Cointelegraph.com Like many other ICO success stories and subsequent leaders in their respective market segments, Augur, the preeminent platform for decentralized predictions, faces constant public scrutiny. The latest episode that drew public attention is the allegation, voiced by cryptocurrency hedge fund Tetras Capital partner Alex Sunnarborg, that a developer group behind the platform significantly overstates the volume of trades that Augur processes. While the real trade volume is an essential metric indispensable for understanding the scale and impact of a given project, it is …

Vinny Lingham, CEO of blockchain identity platform Civic, has revised down his short-term Bitcoin (BTC) price prediction on Jan. 11, telling financial news network Cheddar that the cryptocurrency could fall below $3,000. In an interview, Lingham, who had previously forecast BTC/USD to trade between $3,000 and $6,000 in the coming months, said the market would either “breakout or breakdown.” “The reality is it’ll probably trade sideways between $3,000 and $5,000 for another month or two while it’s trying to find which way to go,” he said, adding: “When it finds that direction, there’ll be a breakout or a breakdown.” Lingham …

Bitcoin (BTC) can potentially have a high value or be worth nothing, noted Wall Street investor Bill Miller told CNBC in an interview on Monday, Jan. 7. Miller, the founder of investment management firm Miller Value Partners, spoke to CNBC host Kelly Evans during a show called “The Exchange,” calling Bitcoin an interesting technological experiment and recalling a clear pattern of higher lows each year. For instance, the coin’s lowest price hovered around $3,200 last year, he stated. However, now Bitcoin is trading over $4,000 again. Miller told Evans: “Bitcoin has the potential to be worth a lot and to …

Venture capital investor Fred Wilson suggested that cryptocurrency will not be a safe haven in 2019 amid a “weakening” economy, according to a blog post published Jan. 1. Wilson is an American venture capitalist and businessman, who has reportedly backed such companies as Twitter, Tumblr, Zynga, and Etsy. He is also a cofounder of New York-based venture capital firm Union Square Ventures and an early digital currency investor. In the blog post entitled “What is going to happen in 2019,” Wilson suggests that a range of events including a bear market in stocks, a “weakening” economy, and some major issues …

The world of cryptocurrencies is full of prophets and predictions of all ranges, just as any other financial market in the world. 2018 jumped right in with Bitcoin (BTC) hovering around $15,000 and investors being far too optimistic about the future of digital currencies. Some of the premonitions — especially related to BTC’s price by the end of the year — never came true, but many turned out to be quite realistic. Let’s take a look back at all of those hopes and fears. Predictions that went wrong Tom Lee: BTC will reach $25K Seems that one of the world’s …

Despite a massive sell-off this year, a former AQR Capital Management executive gave crypto markets’ 2018 performance a “B+ grade” in an op-ed for Bloomberg, Dec. 20. Aaron Brown — AQR’s former Chief Risk Manager and an author on risk management and gambling-related topics — pointed out Bitcoin’s (BTC) 80 percent fall from its $20,000 one year ago mirrored peaks and falls in previous years, namely in 2011 and 2013. Brown outlined the fact that Bitcoin’s decline this year has actually been relatively milder than the rapid drop its saw after its peak in 2011. The 2018 sell-off has, however, …

Bitcoin (BTC) has the potential to become a new asset class in the next ten years, CEO of major crypto derivatives platform BitMEX claimed on the podcast Unchained Dec. 16. Arthur Hayes, CEO and co-founder of BitMEX, the largest crypto exchange by reported daily trade volumes, spoke with host Laura Shin and a group of other industry leaders at CME's Global Financial Leadership Conference last month. When asked if cryptocurrency represents a new asset class, Hayes expressed skepticism, saying crypto “is sort of a blend” but that it is “still extremely small”: “Could it become a bona fidе asset class …

One year after Bitcoin (BTC) broke crypto industry records to hit $20,000, a partner at venture capital firm Blockchain Capital says that today’s bearish market represents “a fantastic buying opportunity.” Spencer Bogart made his remarks during an interview on CNBC’s “Fast Money” on Dec. 17. Bitcoin is now trading around $3,550, up 2 percent and capping gains of around $260 in the 24 hours before press time. The coin, however, is over 82 percent down from its price point this time last year. Emphasizing that Blockchain Capital is a “long-term venture investor,” Bogart told CNBC: “Could Bitcoin go to $50,000? …