From a new prediction on Bitcoin’s parabolic potential to an overview of how many people are paying with Litecoin, here’s a look at some of the stories breaking in the world of crypto.
The founder of Morgan Creek Capital Management, Mark Yusko, says Bitcoin won’t hit another correction until BTC reaches $30,000.
In a new interview on CNBC’s Fast Money, Yusko says he also sees a path that pushes BTC to $100,000 by 2021.
“We’re definitely going to reclaim all-time highs. Over the past nine months since we were together on October 7th, Bitcoin is up 70%. It’s the best performing asset class this year.
And remember we were also together on December 13th on your show in the afternoon and we talked about if $3,100 is the bottom. Look, that’s a long way below here and I think we’re in the next parabolic move that will take us probably into the $30,000 level before we get another correction. I just did a webinar today talking about the path to $100,000 by 2021 is really quite easy to draw out.”
A new edition of EthHub Weekly is out, covering all things Ethereum.
This week’s post looks at the latest on Ethereum 2.0 and new developments on Ethereum-based platforms like 0x, Loopring and Gnosis.
Ripple and XRP
The founder of Ripple-backed XRPL Labs is clarifying when the beta version of the company’s XRP-based banking app will be released. According to Wietse Wind, an initial version of the platform will launch in the next few months.
Coding, designing, testing, coding, … (repeat). Quality software takes time. But don’t worry, Beta in a few months,