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10 Fintech Leaders Predict Bitcoin to End 2019 Above $9,500

Ten prominent fintech experts shared their bitcoin price predictions and all agreed that BTC would close 2019 above $9,500, according to Finder.com.


Experts Expect a Bull Market

The US-based comparison website surveyed 10 fintech leaders on their thoughts and projections on 13 cryptocurrencies (including the top-10 by market capitalization) and the participants included executives from BitBull Capital, Arca, and Blocktoken.

The participants were most optimistic about EOS, Binance Coin and Tron as each was forecast to gain 727%, 459%, and 449%, respectively.

When asked whether the current climate is ideal for the average person to invest in cryptocurrency, 5 out of 10 executives agreed that now is a good time to allocate a small portion of portfolio funds to digital assets. 4 survey participants also said that they believe Bitcoin will surpass its $20,000 all-time high during the next bull-run.

50% of the participants believe that the next uptrend will end just like the one in 2017. But while the majority of the participants expected Bitcoin to eventually cool off from its recent parabolic run, the general consensus was Bitcoin would exceed $9,659 by the end of 2019.

Analyst and participant Joe Raczynski said that:

We are entering a new period with Bitcoin. Many of the institutional players have said they are done with this experiment (publicly), which may be the case [but] I think privately, some other hedge funds and other institutions will continue to invest during this lower period.

Altcoins to Outperform Bitcoin in 2019

Surprisingly, Blockchain Capital partner Jimmy Song expects Bitcoin to close 2019 at $5,901 and Song explained that there seems to be some daylight between Bitcoin and other cryptos.

Bitcoin will start being seen as a different asset than all the others,” he said.

Meanwhile, Bitbull Capital’s Sarah Bergstrand said that she expects bitcoin price to “bounce between $3,000 and $5,000 for the next few months.”

The survey results also show that the majority of participants think Cardano (ADA) will wrap up 2019 at $0.14 and the group was fairly optimistic about EOS.

Brenden Markey-Towler from RMIT Blockchain Innovation Hub predicting that

….as EOS transitions with NEO and Ethereum to next-generation consensus algorithms, I suspect their scope as an institutional technology will increase, and their value with it.

Stellar Lumens (XRP) is expected to reach $0.18 by year-end and the group optimistically forecasts that TRON and XRP will close the year at $0.15 and $0.44.

Finder has held its Bitcoin Predictions Panel since January 2018 and interested investors can find the details of each monthly survey here.

Do you agree with these bitcoin price predictions? Share your thoughts in the comments below! 


Images via TradingView.com, Twitter, Shutterstock

The Rundown

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Crypto Market Aims $250 Billion Cap: Bitcoin Cash, Litecoin, EOS, XLM Analysis

  • The total crypto market cap is climbing higher steadily and recently tested the $237.0B level.
  • Bitcoin price is placed nicely above the $8,000 level and it remains supported near $7,800.
  • Litecoin (LTC) price is moving higher towards the $95.00 and $100.00 resistance levels.
  • Bitcoin cash price is currently correcting lower, but it remains supported near $385 and $380.
  • EOS price is now well above the $6.00 level and it seems like the bulls could clear $6.20.
  • Stellar (XLM) price is up more than 10% and it recently cleared the $0.1150 resistance level.

The crypto market cap is gaining pace towards $250 billion, with positive moves in bitcoin (BTC) and Ethereum (ETH). Altcoins such as LTC, ripple, bitcoin cash, EOS, TRX, and stellar remain in an uptrend.

Bitcoin Cash Price Analysis

Bitcoin cash price rallied sharply this week and even tested the main $400 resistance against the US Dollar. The BCH/USD pair failed to stay above the $400 level and recently corrected lower below $395 and $390. An immediate support is near the $385 level, below which the price could test the $380 support.

On the upside, the main resistances are near $395 and $400. A proper close above the $400 barrier could push the price towards the $415 and $420 levels in the near term.

Litecoin (LTC), EOS and Stellar (XLM) Price Analysis

Litecoin price traded above the $85.00 and $90.00 resistance levels. LTC price is now trading above the $92.00 level and it seems like the price may clear the $95.00 resistance. The next crucial barrier for the bulls is near the $100.00 level.

EOS price gained bullish momentum after it broke the $5.80 resistance level. The price climbed significantly and broke the $6.00 and $6.10 levels. EOS is currently well supported and it seems like it could soon break $6.20 and trade towards the $6.40 level.

Stellar price settled above the key $0.1000 resistance level and started a nice upward move. XLM price cleared the key $0.1100 and $0.1120 resistance levels to move into a positive zone. The price is now up more than 12% and it seems like the bulls are aiming a break above the $0.1200 resistance level in the near term.

Crypto Market Cap Bitcoin Cash BTC BCH EOS XLM

Looking at the total cryptocurrency market cap 4-hours chart, there was a steady rise above the $215.0B and $220.0B resistances. The market cap recently broke the $230.0B barrier and climbed towards the $238.0B level. A swing high was formed near $237.3B level and it is currently elevated above $232.0B. It seems like there is a rising channel in place with support near $226.0B. Therefore, there are chances of more upsides in bitcoin, Ethereum, EOS, litecoin, ripple, XLM, BCH, ADA, BNB, TRX, ICX, and other altcoins in the coming sessions.

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Crypto Market, Bitcoin Cruising Higher: Bitcoin Cash, Litecoin, TRX, XLM Analysis

  • The total crypto market cap is placed nicely above $180.0B and it could accelerate higher.
  • Bitcoin price is gaining momentum and it recently surged to a new 2019 above $6,050.
  • Litecoin (LTC) price broke the $75 resistance and it seems like it could grind higher towards $80.
  • Bitcoin cash price is once again moving higher towards the key $295 and $300 resistances.
  • Tron (TRX) price broke the $0.0242 resistance to move into a positive zone.
  • Stellar (XLM) price seems to be consolidating below the key $0.0980 and $0.1000 resistances.

The crypto market cap and bitcoin (BTC) are gaining momentum. Ethereum (ETH), litecoin (LTC), ripple, bitcoin cash, tron (TRX), stellar (XLM) and other altcoins might jump higher.

Bitcoin Cash Price Analysis

Bitcoin cash price found support near the $275 level and recently bounced back against the US Dollar. The BCH/USD pair broke the $285 and $290 resistance levels, but it is facing a lot of hurdles on the upside. An initial resistance is at $295, above which the price may test the $300 level in the near term.

If the price fails to break the $300 resistance level, there is a risk of a fresh decline towards the $285 support level. The main support is at $275, below which the price may test $260.

Litecoin (LTC), Tron (TRX) and Stellar (XLM) Price Analysis

Litecoin price found support just below the $70 level and recently recovered higher. LTC price broke the $72 and $75 resistance levels. It is currently trading above the $75 level and it seems like the price might climb higher towards the $78 or $80 resistance.

Tron price finally started a decent recovery above the $0.0238 and $0.0240 resistance levels. It even broke $0.0242 and $0.0245 before starting a downside correction. TRX price is currently above $0.0242 and it seems like it could climb higher above $0.0245 in the near term.

Stellar price is trading well below the key $0.1000 resistance level. XLM price is currently at $0.0950, with an immediate resistance at $0.0965. A break above $0.0965 could push the price towards the $0.0980 or $0.1000 resistance level.

Crypto Market Cap Bitcoin BTC BCH EOS TRX XLM ETH XRP

Looking at the total cryptocurrency market cap 4-hours chart, there was a fresh increase above the $180.0 and $182.0B resistance levels. The market cap recently tested the $186.6B level and the 76.4% Fib retracement level of the last slide from the $189.5B high to $177.3B low. It seems like there is a strong bullish pattern forming with support near the $180.0B level. As long as the market cap is above the $180.0B level, there could be more gains in bitcoin, Ethereum, EOS, litecoin, ripple, XLM, BCH, BNB, TRX, ADA, XMR, and other altcoins in the coming sessions.

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What is Stellar? A Primer on Our Wallet’s Newest Cryptoasset

What is Stellar? A Primer on Our Wallet’s Newest Cryptoasset

In January, we launched a new education initiative called Blockchain Primers to ensure our users have the latest and most reliable information, data, and research on the cryptoasset options in their wallets (and beyond).

Today, we’re happy to share a primer on Stellar (XLM), which many of you have test-driven through our $125M airdrop.*

In it, you’ll find:

  • Highlights: quick takeaways on XLM’s key differentiating features (e.g., strengths and issues/tradeoffs)
  • Data: empirical data summarized in charts and tables, including new data not previously available to the public
  • Comparative summary: quantitative and qualitative data-driven comparison against Ripple (XRP)
  • References: links to additional information where you can learn more

Founded in 2014 by crypto pioneer Jed McCaleb and Joyce Kim, Stellar is designed to be a “world-wide payment network” that facilitates the fast exchange of currencies, assets and tokens with negligible transaction fees.

That utility and payments focus has led its native token, Lumens (XLM), to consistently rank as one of the leading cryptoassets in both market value and ecosystem support (e.g. exchange listings and partnerships with companies like IBM, Stripe and Kik).

We’ll have more insights on Stellar in the coming months, but encourage you to download our Stellar Primer for a digestible, yet thorough, rundown of how XLM can play a role in your Blockchain Wallet.

Click here to download our Stellar Primer.

*If you haven’t yet taken advantage of our airdrop, there’s still time! Click here to get started.

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The Airdrop That Keeps On Giving

The Airdrop That Keeps On Giving

At Blockchain, we’re driven by a relentless passion for making crypto easy to use. In that spirit, last last year we launched the biggest giveaway in crypto history. This ongoing giveaway has already allowed us to begin broadening the crypto community and has given our users a way to participate immediately and directly with a new decentralized network.

This week, we’re excited to provide yet another way to use crypto with ease and security, all the while unleashing generosity across the Blockchain community.

Starting Tuesday, February 26th, users in the U.S. and Canada who sign up for our Stellar Airdrop will prompt a donation of $5 worth of XLM to one of our participating charities: charity: water, Code.org, and DonorsChoose.org.

We’ll be partnering with Network for Good, a platform that makes fundraising effortless and transparent, to facilitate these donations.

Whether supporting charity: water’s mission to bring safe, clean water to people in developing countries, expanding access to computer science education via Code.org, or helping teachers and classrooms across the country via DonorsChoose.org — we’re honored and proud to take an extra step towards building a better future with this airdrop.

So, how will this work? Head to this page to create your wallet and claim your XLM. Once you have been verified and receive the airdrop, we’ll send $5 worth of XLM to Network For Good on your behalf, so they can help distribute the donations evenly among the three charities.

We’re thrilled to be partnering with the Stellar Development Foundation and NFG to further open up the world of donations to the crypto community. We hope you’ll join us.