BlockShow is announcing a new conference - Asia Blockchain Week, which will be hosted in Singapore from Nov. 27 until Dec. 1, 2018. The blockchain and cryptocurrency conference will attract over 100 of the top industry leaders and crypto influencers, and more than 2000 attendees, from over 50 countries. The venue for this event will be held at one of the most beautiful locations in Singapore, the Marina Bay Sands Luxury Hotel. This year’s lineup of speakers at Asia Blockchain Week include Crypto-Congressman and Taiwan Legislator Jason Hsu; CTO at IBM, Former Head of Innovation at Mas, Stanley Yong; Co-founder …

Institutions appear to be more bullish on Bitcoin (BTC) than the members of the crypto community on Twitter, according to a recent survey by Fundstrat Global Advisors. Tom Lee, managing partner and head of research for the company, has revealed this in an interview with CNBC Oct. 4. Based on the results of a private survey of 25 institutions, as well as 9,500 responses to a public Twitter poll conducted September 30, Tom Lee concluded that Wall Street is calling a bottom in Bitcoin. As much as 54 percent of respondents to the survey of institutions are optimistic about the …

Major altcoin Ethereum (ETH) is about to see a “trend reversal and rally strongly” up to $1,900 per token by the end of 2018, according to Fundstrat head of research Tom Lee, as Bloomberg reported September 27. In a note to clients of Fundstrat Global Advisors, Lee noted the “overly negative” sentiment on the Ethereum market, which he says will be a basis for its strong rebound in the near future. In his prediction, Lee has referenced the historical performance of Ethereum, citing that the times when the altcoin “underperformed peers by two standard deviations,” the price trend saw a …

Sunday, August 26: after a short recovery yesterday, crypto markets have again declined somewhat, with only three out of the top 10 cryptocurrencies by market cap seeing green today. Market visualization from Coin360 Bitcoin (BTC) is one of the fortunate ones, up less than one percent on the day, trading at $6,740 as of press time. The cryptocurrency also has managed to hold on to its weekly gains, which comprise 2 percent. Having peaked at $6,778 yesterday, Bitcoin dropped to as low as $6,587 earlier today. Bitcoin 24-hour price chart. Source: Cointelegraph Bitcoin Price Index After surging to around $282 …

Fundstrat’s Bitcoin (BTC) analyst Tom Lee has claimed that the cryptocurrency “could end the year explosively higher,” citing a correlation between it and emerging markets. Lee has made his new prediction in an interview during CNBC's "Trading Nation” show August 25. The Head of Research at Fundstrat Global Advisors has said that he “still think[s] it’s possible” that Bitcoin’s price could surge to as high as $25,000 this year. Lee has based this assumption on the relationship between the price of BTC and BlackRock’s iShares MSCI Emerging Markets exchange-traded fund (ETF), which tracks large and mid-sized companies in emerging markets. …

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. Crypto is notoriously a “tough neighbourhood,” as even evergreen Bitcoin bull Tom Lee has put it. After a week in which double-digit losses wreaked havoc on many high-profile cryptos, and Bitcoin (BTC) momentarily fell through the $6,000 support, pitiless bearish sentiment has been circling, with some accusing the top coin of being “exhibit A” in a “permanently impaired or even game‐over” market. While Bitcoin may have posted 2018 lows, Ethereum (ETH) also plummeted to …

Bitcoin (BTC) “isn't broken” if it’s holding at the current price and volatility levels, Fundstrat’s Tom Lee said to CNBC's "Fast Money" on August 6. In the interview, the Wall Street bull referred to the current indicators of Fundstrat’s recently launched Bitcoin Misery Index (BMI), which aims to inform investors of how “miserable” holders of the currency are based on its price and volatility. According to Lee, when the index is below 27, it shows that future returns are very good, while if it surpasses 68 percent, it is “time to sell Bitcoin.” Pointing at the index’s current number of …

Fundstrat Global Advisors, market strategy and research provider, announced the firm will start accepting Bitcoin (BTC) for content via Bitpay, according to a press release shared with Cointelegraph July 31. In what the company claims is a first for research firms, Fundstrat has added Bitcoin payments to its platform via payment operator BitPay, which processed more than $1 bln in Bitcoin payments in 2017. According to the press release, the new feature will allow institutional investors, as well as financial advisors, high net worth individuals and other entities to use Bitcoin to purchase access to Fundstrat’s reports on different financial …

July 24: Bitcoin (BTC) broke through the $8,000 price point this morning, as the top cryptocurrency continues to outperform most other crypto assets, according to data from Coin360. In the days following the strong upswing that kicked off across the crypto market on July 16 and accelerated further on July 17, Bitcoin has sustained positive momentum while other alts slid into negative territory. Market visualization from Coin360 Bitcoin (BTC) is trading around $8,009 to press time, up 3.9 percent on the day. The leading asset gained over $200 dollars within the space of an hour and a half this morning …

Julian Hosp, co-founder and president of crypto startup TenX, says he’s still “quite confident” that Bitcoin (BTC) can hit $60,000 in 2018, CNBC reports Wednesday, July 11. During an interview at the Rise conference in Hong Kong, Hosp told Squawk Box co-host Akiko Fujita that he still stands by the initial 2018 forecast he made in December for the leading cryptocurrency: "Back then, December, price was at a $20,000 all-time high. I predicted for 2018, we're going to see $5,000 and $60,000. So $5,000, we’ve pretty much hit it, so let's see if we can do the $60,000. I'm still …

Crypto markets continue to see mixed signals, but hold recent gains today, July 6, according to data from Coin360. All but one of the top ten coins on CoinMarketCap are seeing only minor fluctuations over the past 24 hours to press time. Market visualization from Coin360 Bitcoin (BTC) is challenging $6,600, trading at $ 6,650 at press time, up just about 1 percent over the 24-hour period. The leading cryptocurrency holding gains made since June 30, solidly trading above the $6,300-6,400 resistance level, which market research firm Fundstrat’s Robert Sluymer says the coin needs to “rally through” to reverse its …

Financial market research firm Fundstrat’s Tom Lee defended his position that Bitcoin (BTC) could trade at anywhere from $22,000 to $25,000 by the year’s end, in two CNBC interviews Thursday, July 5. Lee made sure to clarify to reporters that his most recent $22,000 price prediction is emphatically not a bearish retreat from his previous forecasts of $25,000. Lee, a notorious Bitcoin bull, is famous for his prediction in January that Bitcoin would hit $25,000 by the end of 2018, later saying in March it would reach a staggering $91,000 by 2020. Speaking on CNBC’s “Squawk Box” segment Thursday morning, …