Archives for 7 Feb,2018

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Cryptocurrency market could hit $1 trillion this year with bitcoin surging to $50,000, experts say

  • “Increasing regulatory recognition of cryptocurrency exchanges, the entrance of institutional capital and major technology developments will contribute to the market’s rebound and push cryptocurrency prices to all new highs this year,” Thomas Glucksmann, head of APAC business development at cryptocurrency exchange Gatecoin, told CNBC by email on Tuesday.
    “There is no reason why we couldn’t see bitcoin pushing $50,000 by December.”

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