BitPay COO Sonny Singh: Bitcoin Could Hit $15-20K by End of 2019, Chinese Crypto Miners Sell Off Mining Devices ‘by Kilo’ & Other News

  • What's going on with the crypto markets today? Read our latest price analysis.
  • Cryptocurrency mining operations in China are reportedly selling mining machines by weight, as opposed to price per unit.
  • Sonny Singh, the COO of global crypto payment processor BitPay, has ventured that Bitcoin will hit $15,000 to $20,000 by the end of 2019.
  • Blockchain Intelligence Group's CEO says a three-way combination of factors has resulted in current Bitcoin price lows, but the future is bright.
  • Cointelegraph has reached out to various industry professionals to explore the reasons behind the 10-day slump in the market and what to possibly expect in the coming weeks and months.

SPONSORED:  A monetary system that has created digital currencies backed by gold and silver has struck partnerships with exchanges and retailers who are interested in its product.

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