Blockchain and Crypto News ⭐ Making Waves

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We delve into the viewpoints of leading minds from prominent investment enterprises, thriving cryptocurrency exchanges, and astute market analysts, all of whom wield substantial influence over the market's trajectory. Amidst this landscape, expert opinions often dance in discord with tangible market trends. Yet, it remains evident that a significant number of these industry trailblazers manage to paint an insightful picture of the industry's landscape. Hence, we extend our recommendation for a meticulous perusal of the paramount news pieces meticulously curated by our adept authors.

As we traverse this landscape of expert opinions, it's evident that while some predictions mirror market movements with uncanny precision, others deviate markedly. The divergence between forecasted trajectories and realized trends can often be attributed to the intricate interplay of multifaceted factors shaping the cryptocurrency market. It is this dynamic tapestry that both fuels and challenges the accuracy of expert opinions, creating an environment of continual exploration and analysis.

Cryptocurrency, Blockchain, and altcoin news have been making waves in popular news blogs, social media, and news agencies. These topics have become increasingly popular in recent years, as more and more people become interested in the world of digital currencies and decentralized systems.

One of the biggest stories in the world of crypto currency is the ongoing debate over the regulation of digital assets. While some countries have embraced crypto and are working to create regulatory frameworks to govern their use, others are more skeptical and have banned or restricted their use.

Another hot topic in the world of cryptocurrency is the rise of decentralized finance (DeFi) platforms. These platforms use blockchain technology to create financial services that are accessible to anyone with an internet connection, without the need for traditional financial intermediaries like banks. This has the potential to revolutionize the way we think about finance and create new opportunities for people around the world.

In the world of blockchain news, there have been several exciting developments in recent months. The most notable is the rise of non-fungible tokens (NFTs), which are unique digital assets that can be bought, sold, and traded like traditional assets. NFTs have become popular in the art world, where they are being used to sell digital art and other creative works.

Another major development in the world of blockchain is the growing interest in using the technology for supply chain management. Blockchain can be used to create a transparent and secure record of every step in a product's journey from production to sale, which can help to reduce fraud, increase efficiency, and improve traceability.

Finally, in the world of ICO news, there have been several high-profile initial coin offerings (ICOs) in recent months. These fundraising events allow startups to raise money by selling newscrypto coin assets to investors, with the promise that those tokens will increase in value over time. However, ICOs have also been criticized for their lack of regulation and the potential for fraud.

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Michael Novogratz: this year Bitcoin will not rise above $ 9000

Friday, 05 October 2018

The well-known Bitcoin-optimist and former hedge fund manager Michael Novogratz, who previously assumed the price movement of Bitcoin to new historical heights until the end of 2018, revised his forecast.

Previously, Michael suggested that the cost of all cryptocurrencies would reach $ 20 trillion, and Bitcoin would cost $ 40,000 by the end of 2018. Despite such positive forecasts, the year is coming to an end, and the current state of affairs in the market does not closely correspond to the declared. In this regard, Mike decided to change his forecast and at the Finance Disrupted conference, he said that by the end of the year Bitcoin would hardly be able to achieve a quarter of the value he had named.

"I don't think it breaks $9,000 this year," Novogratz said on stage at the Economist Finance Disrupted event in Manhattan Tuesday.

Earlier in September, he expressed his opinion about the ongoing downward cycle, stating that the price of Bitcoin has already reached the bottom and will not fall below. As for future prospects - he noted that he expects the price to be overcome by the $ 10,000 bar by the end of the second quarter of 2019. Novogratz believes that at that time people will begin to experience a missed opportunity syndrome, due to which one day the price was already rapidly rising to the level of $ 20,000, but this time FOMO will be present among institutional investors, rather than retail investors.

Novogratz also said that the current negative mood in the market was aggravated by industry participants, who had to liquidate their assets to cover everyday expenses. Companies that have not made a profit for a long time, regardless of this, are obliged to cover their expenses, pay wages to employees, and so on, because of this they were forced to sell digital assets.