Tim Draper: BTC Price Will Hit $250K by Q1 2023, MoneyGram Using XRP a Bigger Deal Than Facebook’s Libra, Ripple CEO said, & Other News
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Price Analysis 09/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM Bitcoin has only spent 63 days in its history where it closed above current price. This was the factoid posted by crypto-analyst Ceteris Paribus on Aug. 6, along with comparative data for selected altcoins. What's going on with the crypto markets today? Read our price analysis.
Bitcoin Price Will Hit $250K by Q1 2023, Says Tim Draper Speaking in an interview with Yahoo Finance on Aug. 9, the notoriously bullish Tim Draper doubled down on his prediction that Bitcoin will hit $250,000 by 2023, adding: "It's consolidated more than I thought it would."
No-Deal Brexit Will Reposition Bitcoin in the Global Economy: Analyst Some analysts believe that the looming no-deal Brexit will push Bitcoin's price to an unprecedented breakout and record highs in 2019. Moreover, Nicholas Gregory, CEO of blockchain firm CommerceBlock, predicts it could fundamentally shift Bitcoin's place in the global economy.
Ripple CEO: MoneyGram Using XRP a Bigger Deal Than Facebook's Libra Ripple CEO Brad Garlinghouse says the firm is looking into multiple investments and acquisitions following its $30 million partnership with MoneyGram this June, adding: "This is a big deal. If I were betting now, a year from now the MoneyGram deal will have a more consequential impact on the crypto markets than the Libra white paper."
Expert: India Will Lose a Market of Almost $13 Billion by Banning Crypto Sidharth Sogani, the CEO of crypto and blockchain research firm Crebaco Global Inc, believes that India will lose around $12.9 billion worth of market if cryptocurrency is banned in the country. The analysis is based on how much revenue companies might have generated if crypto were ruled to be legal, as well as crypto companies with Indian founders who moved offshore due to the Reserve Bank of India's banking ban.
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