Fundstrat’s Tom Lee Predicts Ethereum to Surge to $1,900 by Late 2019

Tom Lee Predicts $20,000 Bitcoin in 2018, Says Emerging Markets and Weakened US Dollar Are Crucial

The current lack of major cryptocurrency market movement would not seem to have deterred analysts from making spectacular price forecasts. Most recently, Fundstrat’s Head of Research, Tom Lee, has made the rounds with a fresh bullish prediction for Ethereum. Specifically, Bloomberg reports that Lee supposedly believes that Ethereum is about to see a ”trend reversal”, … Continue reading Fundstrat’s Tom Lee Predicts Ethereum to Surge to $1,900 by Late 2019

Cobinhood Founders Raise $20 Million for Blockchain That Processes 1 Million Transactions Per Second

The cryptocurrency exchange Cobinhood’s founders raise $20 million for the development of a new blockchain that is expected to perform 1 million transactions per second. That would be huge given that Bitcoin only can perform ten transactions per second, Ethereum 15 and even VISA can “only” perform 23,000 per second. They are all outperformed in … Continue reading Cobinhood Founders Raise $20 Million for Blockchain That Processes 1 Million Transactions Per Second