Bitcoin fell below $6,000 for the second time in a week Friday, June 29, the day CME Group’s Bitcoin futures end their last day of trading for the month. Data from Cointelegraph’s price index and Coin360.io show Bitcoin continuing a trend of declines in the run-up to futures expiration dates. At press time Friday, BTC/USD is trading around $5,850, down 4.4 percent on the day, while signalling monthly losses of over 20 percent. Major altcoins had followed suit, Ethereum (ETH) down 5.6 percent to $412 and Ripple (XRP) 6.5 percent to just under $0.43 per coin. Market visualization from Coin360 …

New research from Fundstrat Global Advisors places Bitcoin prices at $36,000 by the end of 2019, co-founder Tom Lee revealed Thursday, May 10. Analysis of the relationship between Bitcoin mining costs and price by Fundstrat’s Quantamental Strategist Sam Doctor has led the market research firm to predict the cryptocurrency’s range will fall between $20,000 and $64,000 by 2019 year end. The calculations focused on Bitcoin Price to Mining Breakeven Cost Metric, known as P/BE, which Doctor says has “proven a reliable long-term support level.” “We expect the mining economy to grow over the next several years, and project a BTC …

After investment tycoon Tim Draper said earlier this week that Bitcoin (BTC) could hit $250,000 by 2022, CNBC Fast Money’s Brian Kelly has supported this prediction in a CNBC interview from yesterday, April 13. In response to a question about Draper’s high prediction, Kelly responded that although “it sounds crazy,” when one considers that BTC already had a 4,000 percent return over two years, a 3,000 percent return over four years could be a “continuation of the trend we’ve seen.” Kelly continues by noting that an increase of institutionalized money into the crypto sphere - Rockefeller’s VC arm, a Goldman …