What is the forecast for Bitcoin's price? There is a 93% chance that Bitcoin prices will not surpass their all-time high of $20,000 this year, according to market forecasts. Meanwhile, in a short distance prediction, Nigel Green, the CEO and founder of financial consultancy firm deVere Group, says that the new normal bottom for Bitcoin price is $10,000.
HSBC Is The First Bank to Finance Transaction via Hyperledger on we.trade Multinational banking giant HSBC has reportedly become the first bank to complete financing transaction on European blockchain trade platform we.trade. The transaction involved HSBC's client Beeswift — a Midlands-based producer of protective equipment — and their sale to a Rabobank-banked Dutch firm, the report notes.
Controversial UK Party Becomes Nation's First to Reveal Crypto Policy The National Liberal Party (NLP) wrote a post on its website arguing that the U.K.'s current cryptocurrency policy is non-existent — and alleged the government has failed to take a stance on regulation. The NLP characterized the official policy of the U.K's Financial Conduct Authority (FCA) as troubling.
SPONSORED:A blockchain platform and an oracle service provider say they are "one step closer to real-world adoption" thanks to their partnership
Quote of the day
"Looking at its performance this year, I believe that the new normal bottom price for Bitcoin is $10,000. It bounces at this price. If it fluctuates below this level, it shoots back up again"
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