Tom Lee: Bitcoin Might or Might Not Reach $25K by the End of 2018

lee bitcoin

The rate of the world’s #1 cryptocurrency is still intriguing the majority of crypto community. An American investor, businessman and financial expert Tom Lee has made his own predicitons of what the price of Bitcoin might be in a couple of months.

To be quite honest, Lee used to be way more optimistic about the future of Bitcoin. He was sure that the world’s first digital coin would have no problems passing the price point of 25k USD by the end of 2018.

However, he must have thought over his words and changed his mind. Now he’s saying that Bitcoin might possibly reach this mark, but the way more reasonable figure would be 20 thousand or so.

Lee claims:

Bitcoin has historically traded at 2.5 times its mining costs. It’s not out of the question that it could be over $20,000 by the end of the year at fair value.

Bitcoin like any other member of the cryptocurrency universe is very volatile, its price depends on various factors. Thus, Tom Lee and his colleagues should be careful when naming any forecasts for digital coins.

We would like to remind that an eccentric cryptocurrency ethusiast John McAfee have promised to do some rather radical things if the price of Bitcoin does not reach the price point of $1 million by 2020.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Cryptocurrency Prices Today, September 22: Cryptocurrencies Are Unstable, Ripple Is Still Growing

crypto prices

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices

According to the online platform Coin360, Bitcоin (BTC) lost 0.74% in the past 24 hours. The price at the time of writing is $6652 per coin.

Cryptocurrencies stay both in the red and green zones:

Bitcoin Cash lost 1.70% over the past day and costs $473 per coin;

Ripple added 20.57% and is worth $0.56;

EOS grew by 1.87%, and its price is $5.89;

Litecoin increased by 0.71%, and its cost is $58;

Cardano lost 3.40%, and its value is $0.081;

Stellar dropped by 4.54% and is worth $0.23;

IOTA added 0.36%, and its value is $0.58;

Dash lost 3.3.1% and costs $200;

Monero decreased by 0.33% and is worth $119.

Ethereum added 3.97% over the past 24 hours. The cost of the coin is $235.

The total market capitalization is $221 billion. Bitcoin accounts for 52% of the total volume. It is $115 billion in monetary terms.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

An American Businessman Purchased a Bentley with Bitcoins

cars keys bitcoin

As we reported earlier, a luxury American car dealership, Post Oak Motor Cars, offered a new payment options for their clients. Besides USD, you can now pay in Bitcoin and Bitcoin Cash.

We remind you:

Fancy Car Lovers Can Now Purchase Bentleys, Bugattis and Rolls-Royces With Crypto

The first buyer was not long in coming. A business owner from Texas, Ken Bridge, bought a Bentley paying for it with BTC.

Bridge is a long-term Bitcoin investor and also a big supporter of the CEO of Post Oak Motor Cars.

I applaud Tilman for making massive strives in Bitcoin consumerism.” he said.

The businessman also mentioned that the blockchain technology and cryptocurrency have a great potential and he will keep supporting them in every way.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Cryptocurrency Prices Today, September 21: Bitcoin and Ethereum Are in the Green Zone, Ripple Rose by More Than 40%

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices

According to the online platform Coin360, over the past 24 hours Bitcоin (BTC) added 4.51%. The price at the time of writing is $6699 per coin.

Cryptocurrencies are showing positive dynamics:

Bitcoin Cash added 12.86% over the past day and costs $480 per coin;

Ripple added 41.76% and is worth $0.46;

EOS grew by 10.57%, and its price is $5.78;

Litecoin increased by 7.14%, and its value is $57;

Cardano added 16.18%, and its cost is $0.083;

Stellar gained 18.71% and is worth $0.24;

IOTA grew by 9.16%, and its value is $0.57;

Dash added 7.83%, and its price is $205;

Monero increased by 7.28% and is worth $119.

Ethereum added 8.43% over the past 24 hours. The cost of the coin is $226.

The total market capitalization is $217 billion. Bitcoin accounts for 53.2% of the total volume. In monetary terms, this is $115 billion.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

A Ukrainian Startup Launched a Crypto Exchange in Kiev

A real cryptocurrency exchange has recently started functioning in the capital of Ukraine. Such an innovation was implemented by the project Buy Your crypto bank.

The exchange can be found near the subway station Olimpiyskaya, its working hours are from 10 till 19 every day. Ukrainians and guests of the capital can now exchange dollars, hryvnias and Bitcoins. The commission fee depends on the exchange rate.

The exchange developers believe that this is a necessary step in introducing cryptocurrencies in Ukraine. According to them:

We all know that the cryptocurrency market in Ukraine has not yet been regulated, but we have found a way to help carry out these [crypto] operations in accordance with our legislation.”

We remind you:

Ukrainians Will Pay a 19.5% Tax on Crypto Income

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Cryptocurrency Prices for the 20th of September: Bitcoin And Ethereum Is Relatively Stable

price rate

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices today

According to the online platform Coin360, Bitcоin (BTC) added 0.81% over the past 24 hours. The price at the time of writing is $6410 per coin.

crypto rates

Cryptocurrencies are both in green and red zones:

Bitcoin Cash dropped by 1.97% over the past day and costs $425 per coin;

Ripple decreased by 0.35% and is now at a price of $0.32;

EOS added 2.35%, and its price is $5.22;

Litecoin grew by 0.38%, and its value is $53;

Cardano lost 0.29% and costs $0.072;

Stellar lost 1.03% and is worth $0.20;

IOTA dropped by 0.99%, and its value is $0.53;

Dash increased by 0.23%, and its price is $191;

Monero grew by 1.02% and is worth $111.

In the past 24 hours Ethereum fell by 0.89%. The cost of the coin is $208.

The total market capitalization is $199 billion. Bitcoin accounts for 55.4% of the total volume. It is $110 billion in monetary terms.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Crypto Personality: Vitalik Buterin

The Coin Shark launches a new rubric “Crypto personality”. Here we will share with you the biography facts of the most famous and influential people in the crypto world. All the most interesting information will be wrapped in the brand cover of comic books and represented to you in the format of a space story.

3,2,1 … Start!

crypto personality vitalik buterin

We remind you:

Who is Vitalik Buterin?

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/