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.”

The iced tea company that changed its name to include ‘blockchain’ retracts on bitcoin mining operation


Remember the iced tea company that changed the name Long island block chain company and the stock shot up 500%? They just dropped the block chain from their name!! Reminds you of the dot com boom when everyone was branding themselves as .com and poof it did not turn out that well for them? Signs of the bubble and the coming bitcoin bust?


Ever wonder whats happening behind the scene

in an ICO? No more need for Venture capital! Just

a promising team, a white paper and backed by crypto

faith of the early adopters. Is this the future of fund raising?

Should VCs be worried? very worried?

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