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EOS, BNB and TRON (TRX) Will Rise Over 400% By The End of 2019, Panel of Experts Predicts

2019 will be a bullish year and most analysts and experts in cryptocurrencies seem to agree. After presenting important indications of growth, many experts declared the beginning of Alt Season. This, of course, increased optimism and expectations of investors and crypto enthusiasts around the world.

A study by Finder contrasted the perceptions of a panel of 10 experts who analyzed the performance of 13 leading altcoins, in order to give their predictions.

While all altcoins appear to be bullish (Bitcoin too, read the full story here) the panel of experts believes that Tron (TRX), EOS and BNB will close the year with the most profits. The worst performers (although bullish) will be BSV, Monero (XMR) and XRP.

EOS Will be The most Bullish Crypto According to the Experts

The panel of experts was extremely bullish about EOS. On average, they expect the crypto to reach a price close to $18.7 which would represent an increase of 727% over the beginning of the year.

EOS could be the most bullish crypto according to experts

Binance Coin (BNB)

Binance’s native token will be the second most profitable cryptocurrency, with an expected growth of 450% by the end of December 2019. Experts predict that the token will go from 6.24 USD to approximately 34.9 USD.

Binance (BNB) Will remain strong


The blockchain promoted by Justin Sun remains in third position, very close to the BNB. Experts say each token should reach about $0.15 for a growth of about 449%.

Tron (TRX) will be one of the best perdorming cryptos

XRP Will Perform Fine… Just Not That Fine

Ripple’s token is at the bottom of the list with a 49% increase. While it is well below the 727% obtained by EOS, it is also much stronger and more optimistic than the better forecast of other financial instruments such as the SP500 or the Nasdaq. Experts believe the token will close the year at least near $0.44 per token.

XRP will not be as bullish as its army expects

Monero (XMR)

The privacy coin seems to be a little underground since 2017. According to tech experts, after overcoming a bearish streak, the token will end the year with a value of 68.5 USD, which represents a 57% increase in its value.

Monero could increase its value by 57% according to the panel of experts


The token sponsored by Craig Wright (famous for his claims of being Satoshi Nakamoto) could rise above $605 which translates into a positive performance of 60%.

Bitcoin SV will have a poor (but bullish) performance according to the experts

The post EOS, BNB and TRON (TRX) Will Rise Over 400% By The End of 2019, Panel of Experts Predicts appeared first on Ethereum World News.

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Bitcoin is Starting a Parabolic Bullrun That May Lead it To New ATHs, eToro’s Mati Greenspan Says

Bitcoin seems to be leaving behind the bearish streak of 2018, and an increasing number of analysts are sure that it bottomed at around 3200 USD.

Mati Greenspan is bullish about Bitcoin
Mati Greenspan

After making similar claims about the altcoin market, Mati Greenspan, chief analyst of the social trading platform eToro shared his impressions about the current situation of BTC.

In an interview with Bloomberg, the well-known analyst explained that, from his perspective, BTC beat the negative trend and is now approaching a period of parabolic growth.

Mr. Greenspan explained that historically BTC shows a cyclical behavior, and after big crashes like the one of 2018 (where it lost almost 85% of its value) there are important periods of equivalent growth.

When asked for an explanation behind the recent Bullrun, Greenspan commented that the simplest theory is purely technical and based on BTC’s cyclical behavior.

There’s a lot of explanations. The simples one is we’re just actually part of a larger cycle. Bitcoin has gone through several cycles before this massive Bullrun (we’re talking about 10000 to 15000% gains within a short period of time) and it has these massive retracements that can be 80% or even 90%.

For Greenspan, the optimism amongst investors is not simply fueled by technical analysis. He cited as fundamental examples Microsoft’s decision to use Bitcoin blockchain for securing its customer data, as well as the decision of other international companies such as Starbucks and Whole Foods to accept Bitcoin (BTC) as payment thanks to the integration with Flexa app.

Bitcoin Should Not Be The Only Crypto to Trigger Your Bullish Sentiment

Mati Greenspan is not only a Bitcoin enthusiast. He has also been able to analyze the rest of the crypto markets. As previously reported by Ethereum World News, the well-known expert declared in mid-March that from his point of view the 2019’s Alt Season had already begun.

“Of course, there’s no telling how long this could last but the signs are all in place. Global volume across crypto exchanges is holding steady at around $30 billion per day, yet Bitcoin’s volume is less than a third of that figure. Sure, Bitcoin exchange volumes are still about double what they were in early February, but some coins like Litecoin, EOS, and BNB have more than tripled their daily volumes in the same time frame.”

The post Bitcoin is Starting a Parabolic Bullrun That May Lead it To New ATHs, eToro’s Mati Greenspan Says appeared first on Ethereum World News.

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Bitmain Focused on 2020’s Halving as the Moment When the BTC Rally Will Begin

The Crypto
winter seems to near its end, and many people are optimistic and bullish about
the price of Bitcoin. But this excitement is not just a matter of traders and
enthusiasts, the mining community is also optimistic, and not only do they base
their motivation on technical analysis, but they have a charter up their
sleeve: The Bitcoin halving.

This event
will result in a 50% reduction in the tokens generated by the Bitcoin
blockchain for each new block uploaded to the network. Should the behavior of
the market mirror what happened in the previous halvings, it is
very possible that a decrease in the circulating Bitcoins leads to a
new bull run.

Bitmain has played a fundamental role in the development of the Bitcoin ecosystem. This company manufactures most of the miners available on the market while also maintaining the pools with the most hash power in the Bitcoin (and BCH) ecosystem.


After the Bad Decision to Support BCH, the BTC Halving Could “Save” Bitmain

The corporation had a rough season after the poor decisions taken by Jihan Wu, who supported Bitcoin Cash (and the ABC version of it during the BCH Hash War) and guided the company’s efforts to promote this altcoin, resulting in a failure that led to his replacement as CEO.

However, the Bitmain team expects to return to its former glory in 2020, according to a report published by the South China Morning Post:

“Hope for Bitmain lies in the next bitcoin halving in May 2020, a preconfigured algorithmic event that cuts the reward for mining bitcoin in half every four years or so and is designed to cap the digital money’s supply. If history is any guide, bitcoin typically rallies in the lead-up to a halving, spurring demand for the specialized computers used by hobbyists or businesses to validate transactions and earn new coins”.

2020 Will Boost Trading, But it Also Will Boost Mining

The company recently announced the release of a fresh line of miners, which surpass the performance of any other Bitmain ASIC ever produced. Despite the limited profitability because of the bearish markets, Bitmain trusts not only in the upcoming bullrun per se but in the stimulus that this event can give to the mining industry, promoting sales of their products.

to an interview with a Bitmain employee, the mining giant desires to replicate
past strategies to achieve positive results:

“Bitmain is now betting that its next flagship product scheduled to be released by the end of this year will turn out to be a winner in the mining gear market, capturing an expected rally, according to a company source with knowledge of the plan

It was the same strategy Bitmain pulled off in 2016, the person said, when the company launched its Antminer S9 model on the eve of bitcoin’s last halving. In the following year, the S9 accounted for an estimated 60 percent of shipments among all bitcoin mining hardware.”

Not So Fast, Bitmain… Not So Fast

Despite Bitmain‘s vision, there is an important part of the community that doesn’t share the same enthusiasm. Blockstream’s Samson Mow is one of the guys who are on the skeptical camp. Recently he tweeted that halving is unlikely to help Bitmain due to the low profitability of its new line of miners:

Halving will occur on 23 May 2020 and will reduce the BTC reward
from 12.5 to 6.25 coins

The post Bitmain Focused on 2020’s Halving as the Moment When the BTC Rally Will Begin appeared first on Ethereum World News.

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EOS Surges 15% after Dan Larimer’s Announcement of Future Announcements

EOS is a blockchain that has always raised the expectations
of users and investors. Its business strategy has proven to be fruitful not
only for software programming but also in terms of promotion.

Ever since its inception, EOS was recognized as a promising project. At the time it was the most lucrative ICO in the history of cryptocurrencies and had such a strong hype that it quickly arranged as one of the cryptos with the largest marketcap in the ecosystem.

Although enthusiasm declined with the bearish trend of 2018
and a course of negative propaganda accused the project of being overly
centralized, unreliable and even of not being a real blockchain, the team of
developers has remained active, coding and promoting its blockchain as one of
the best platforms for DApps.

On March 25, 2019, Dan Larimer, CEO of the EOS Foundation
gave a lesson of how serious his level of influence among traders is and how
vulnerable the community is to social phenomena such as FUD and FOMO. Less than
ten words were needed to generate a profound enthusiasm in public around an
ambiguous idea:

“June will be biggest news since EOSIO announcement”

The “announcement of an upcoming announcement”, of course, provoked a wave of questions and comments from many curious enthusiasts who wished to know what was happening, and what exactly they were working on. However, Mr. Larimer avoided any response that could provide more information.

screenshot courtesy of eoswriter
screenshot courtesy of eoswriter

After Larimer’s words, the EOS token started the most important bullish streak of the last three weeks, with a green candle disproportionate to the previous ones.

courtesy: Tradingview

The only track we could find of something that could happen in June is related to the event B1, however, from the fundamental point of view, it is unlikely that this is the reason for so much energy.

Perhaps, the team is excited by other events such as the launch of EOSFinex, some new wallet or DAPP, or even the favorable evolution that EOS has had in the FCAS ranking, which allowed it to position itself in the first place during the past week.

FCAS is a ranking based on Fundamental Analysis

The post EOS Surges 15% after Dan Larimer’s Announcement of Future Announcements appeared first on Ethereum World News.

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BitMEX CEO Arthur Hayes Turns Bullish! BTC at $10,000 “Is My Number” For 2019, He Predicts

It seems that crypto bears are losing ground and the strong 2018 bearish trend is giving way to a period of relative stability prior to an upcoming bull run. Arthur Hayes, CEO of BitMEX expressed this in his “Crypto Trader Digest” of March 22, 2019

Arthur Hayes is known in the crypto verse for his
controversial opinions, which on many occasions have gone against the trends
and sentiment of the community. However, time has proven him right, showing
that as an investor, he knows when to be long or short without letting his
feelings affect his judgment.

The Worst Times Are Over… BTC is [Slowly] Heading To Green Days

After predicting a drop in the BTC to sub-5k figures, Mr. Hayes seems to have joined those who consider that Crypto Winter is over. In the publication, Hayes explains that although it is not yet possible to speak of a bull run, there are signs that point to a small growth by the end of 2019.

“All is not lost; nothing goes up or down in a straight line. 2019 will be boring, but green shoots will appear towards year end.”

The market has already surpassed the critical levels of 2018. This behavior, coupled with the growing enthusiasm around altcoin trading may result in a stimulus that protects the BTC from retesting 2018 supports changing trends for the coming months.

Bitcoin (BTC) Price in BitMEX during 2019. courtesy: Tradingview

Hayes is optimistic. He explains that because of the same
market sentiment, it may be difficult to quickly get out of this “boring”
period of stability. However, once we surpass the 10k mark, 20k seems to be an
easier goal to achieve:

“The 2019 chop will be intense, but the markets will claw back to $10,000. That is a very significant psychological barrier. It’s a nice round sexy number. $20,000 is the ultimate recovery. However, it took 11 months from $1,000 to $10,000, but less than one month from $10,000 to $20,000 back to $10,000.

Melissa Lee peep this. $10,000 is my number, and I’m stickin’ to it.”

Altcoin Season is Here?

Another interesting comment relates to altcoins. Hayes shares the opinion of other analysts like Mati Greenspan, who are confident that the market is reacting positively to trading. Despite some sarcasm, Hayes seems to be positive that the alt season is here:

Do not despair. CRipple is still worth more than zero. And Justin Sun’s new age religion TRON, paired with the Pope CZ, tells us there are those still willing to eat shitcoins with a smile.

The post BitMEX CEO Arthur Hayes Turns Bullish! BTC at $10,000 “Is My Number” For 2019, He Predicts appeared first on Ethereum World News.

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CZ Tweets About a Significant Bullish Run… And Deletes It To Not Over-excite Market

The bullish sentiment seems to be awakening in many investors, resulting in a very positive effect for the community as they see how big names in the cryptomarket are optimistic about the future price performance of their favorite tokens.

The cryptocurrency market is undoubtedly one of the most volatile in the financial world. Scientific studies have shown that this community tends to react more to comments and rumors than to technical indicators used in traditional markets.

However, after a correction as important as the one experienced during 2018, a possible recovery may be in sight, and several analysts have ventured to comment that perhaps the bears’ power stage has come to an end.

CZ: A Bullish Man With an Important Voice

One of the ones who couldn’t contain his excitement was CZ, CEO of Binance, who in his personal tweeter said that crypto prices could be at the gates of a new bullish run of great importance:

A man with the level of influence within the community as CZ has a loud voice in the markets. His actions generate a strong expectation in the investors since he represents the most important Exchange of cryptocurrencies in the world.

Was a Deleted Tweet The Best Decision?

However, after a short time, CZ decided to delete the tweet. This caused considerable controversy, prompting the public to speculate on the reasons why he did it, especially since the tweet came from someone who “knows his stuff.”

To avoid unfounded speculation, CZ himself commented on why he deleted the tweet mentioned above:

“It was spreading too quickly, and some over read into it as a sign/hint/speculation/etc. So I took it off. I am always bullish, and think we are in a bull market. I look at the week chart. And hodl, for years.”

“CZ”: CEO of Binance

In other words, he didn’t change his mind, he didn’t think he was wrong, let alone changed his view of the market. He was merely trying to prevent his comments from being used as a basis for exaggerated conclusions.

While in reddit, users commented on the possible causes, most of the reactions were positive. Most users understood this thanks to CZ’s quick clarification that even after deleting such a controversial tweet, he managed to maintain optimism within the community.

CZ tweets ‘this bull run will be a significant one’ then deletes tweet from CryptoCurrency

Girl in a jacket


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We’ll Recover Just Like The Past, says veteran BTC Analyst Willy Woo

Willy Woo, a veteran digital currency analyst with a strong focus on Bitcoin (BTC), has correctly predicted BTC trends on two occasions as highlighted by Ethereum World News.

The first time he did so, was back in late May when he had doubts that BTC would hold its levels above $7,000. Mr. Woo would then predict a decline to levels of $5,500 – $5,700 before the end of June. Sure enough, we touched $5,800 on June 29th. His first prediction was as follows:

I think we are gonna go to $5500-5700 next, I can’t see $7000 holding. Most likely we’ll balance a bit, then we’ll slide through. Long time-frames here, looking into June for rough timing of this to play out at a best guess.

The second time was when he predicted on the 1st of August that Bitcoin would flash dump then moon. His full prediction was as follows:

Interesting to see most think BTC will moon. I think BTC will flash dump, then moon afterwards, just like with Gold in WFC 2008. Flight to safety: everything else sells off to USD, then used to unwind leveraged positions, then afterwards havens like Gold and BTC have a bull run.

‘Flash Dump and Moon’ was taken out of context

Willy Woo has since stated that his predictions of a ‘flash dump then moon’ were taken out of context, but the accuracy of his words were stunning. In a tweet explaining how it was never intended to be a prediction, Mr. Woo stated that:

I never predicted a flash dump. It was a discussion on price movements in the context of a hypothetical banking crisis similar to WFC 2008.

We’ll recover, just like the past

As part of his response to the ‘Flash Dump then moon’ discussion, Willy Woo also stated that the current bear market might not be as huge or historic as everybody thinks. He went on to elaborate it in the following way:

Nah. This bear market has strong fundamentals. We’ll recover just like the past. It’s never been stronger on the long view. The fact that the media and big institutional players are talking it down is amazing. BTC used to be laughed at.

It is 2014 all over again for BTC

Bitcoin (BTC) experienced a similar decline back in early 2014. The decline was due to the Mt.Gox saga that transpired from late December 2013, to around March 2014. Back then, BTC fell 82.3% in a period of 21 months up until August 2015. Returning to current events, BTC has fallen 71% since its peak in December 2017.

When the bottom of the decline was reached back in August 2015, BTC would then continue to gain in value, from $203, for 28 months till its recent peak of $20,000 witnessed in December last year. This was a magnificent run that was 9,800% in gains in that time period.

In conclusion, the current BTC and total crypto market decline is normal for it has been witnessed before in the past. What remains to be seen, if we have reached the bottom of the decline in preparation of an upward trend for the next several months.

Disclaimer: This article is not meant to give financial advice. Any opinion herein should be taken as is. Please carry out your own research before investing in any of the numerous cryptocurrencies available.


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Stellar Gives Some Interesting Bullish Signals after IBM Announcement

Stellar has had an excellent week at both the fundamental and technical levels. The platform, known as Ripple’s decentralized competition, has seen a considerable increase in its market cap as well as a growing credibility in the general business markets.

A few days ago IBM mentioned that they would be working on their own stablecoin based on blockchain technologies. Stronghold USD will be a cryptocurrency backed one-to-one by fiat US Dollars held at Prime Trust, a bank with which IBM has a solid partnership.

Being Stronghold a payment platform running on Stellar, it is safe to think it can boost no only Stellar’s credibility but also its institutional adoption.

After this news broke, Stellar started a bullish streak that took it to number 6 in the global market cap, overtaking Litecoin from its position.

Stellar Bullish Fundamentals.

IBM Logo

From a fundamental point of view, Stellar could represent a good investment option in the medium term.

IBM’s announcement gives the platform institutional credibility not previously held. Stellar can capitalize on IBM’s strong image to consolidate itself as an attractive option for institutional investors who are not familiar with cryptocurrency but are familiar with IBM’s business.

Similarly, such an adoption can generate an overall effect of “self-fulfilling prophecy.” After realizing about increasing trading volumes, many investors would be more willing to add Stellar Lumens (XLM) to their portfolios, helping to further promote an increase in the value of the popular cryptocurrency.

Stellar Lumens (XLM) Bullish Technicals.

From a technical point of view, Stellar Lumens (XLM) has performed well over the last few days. The drag that Bitcoin (BTC) exerts on the rest of the altcoins is somewhat obvious; however, the bullish trend seems stable, at least in the short term.

Heikin Ashi candles show a bullish trend with no indication of a change in the next few hours or days. In fact, it is possible to observe how a slightly bearish glimpse was quickly dissipated in a short time.

MACD stays high with no sign of a reversal yet. The indicators have no crossover prospects, so it may be worth buying for a small gain in a short time (riskier), or at least hodling until a change in trend occurs (safer).

RSI, of course, shows the enthusiasm of buyers, reaching record highs in 2018. This may have an explanation in the fundamental analysis, so following this signal, it is advisable to hodl, being riskier a token purchase at least at this time

Graphics Created Using Tradingview

With traditional candles, prices have broken the two clear patterns seen in prices, observing a clear break from the bearish trend that had until about 2 weeks ago

Graphics Created Using Tradingview


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Is Bitcoin (BTC) Down Because of Summer Vacations and the FIFA World Cup in Russia?

During one of the conversations in the numerous cryptocurrency chat groups on Telegram, a keen observer of trends pointed out that Bitcoin (BTC) and the crypto-markets are relatively week during the Summer months of the Northern hemisphere. According to National Geographic, summer in the Northern Hemisphere occurs every year from 1st June to August 31st.

He continued to point out that many Americans and Europeans are probably travelling and some are even in Russia to witness history at the World Cup that started on the June 14th to July 15th. The FIFA World Cup is held in the summer months once every four years. The previous tournament in Brazil (2014) was estimated to have welcomed over 6 million tourists in that year alone. The country of Russia has estimated close to 2 Million visitors during the tournament alone (14th June to 15th July).

It is with these two events – Summer, 2018 and the FIFA World Cup – that it is possible to have a theory that the lack of volume in the cryptocurrency markets, is due to individuals around the world enjoying the accompanying activities related to these two events. This means a lot of spending through travelling, eating out and generally having a good time. There were plenty of savvy crypto traders who made massive gains in the last bull run of 2017. They could be enjoying their profits at a beach somewhere before deciding to return to trading in September.

Looking at last year’s price chart for Bitcoin during the summer months, yields a similar observation of a stagnant Bitcoin price up until mid August. What then proceeded during that time period, was the amazing bull run we had in November, December and to some extent, January 2018.

BTC chart showing little activity in May, June and July. Activity started in mid August. Source,

In conclusion, the summer spending habits of individuals in the Northern Hemisphere during this time period could be a factor as to why the current price of Bitcoin has stagnated from late May. BTC ended that month at a value of $7,140 which is not too far off from current levels of $6,587. Perhaps when the summer and the FIFA world cup are over, we will see more funds buying into the crypto markets and a possible bull run into the Holiday season.

Disclaimer: This article is not meant to give financial advice. It is an opinion piece. The opinion herein should be taken as is. Please carry out your own research before investing in any of the numerous cryptocurrencies available.


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Why China Will Drive The Next Crypto Bull Run

News out of China usually has a negative impact on cryptocurrency markets. The government has made its stance on cryptos very clear: it doesn’t like them and will not tolerate them. The people however, and there are a lot of them, are hungry for crypto and Chinese investors could spark the next big bull run.

Experts are predicting that cryptocurrencies are poised to continue higher in the fourth quarter of this year as investors shake off the collapses and sentiment of the first six months. These were the words of Sun Zeyu of Hong Kong based investment firm Genesis Capital in an interview with Tencent Technology according to Hacked.

Industry experts in the region have a strong belief that Chinese investors will have a big role in the ‘fifth wave’ of the market uptrend. This would result in a “crypto bull market may be far beyond our imagination” according to Gao Kangdi of Metropolis VC. All of this bullish sentiment comes despite the constant crackdowns by China’s draconian ruling party.

The reason could be massive inflows of capital from blockchain and crypto ecosystems already in place in friendlier nations like Singapore. The city state is now home to thousands of token investment fund foundations setup by Chinese nationals. Singapore has emerged as one of the more favourable nations for ICOs and regulators have lowered the requirements to setup blockchain based exchanges in the country.

China’s crypto analysts believe that growing global financial instability and the possibility of US incited trade wars in the region could be the catalyst for greater crypto investment. Bitcoin and cryptocurrencies are a natural alternatives to government regulated stocks and bonds since they are decentralized.

CEO of Noble Alternative Investments, Charles Thorngren, told Forbes that cryptos are attracting a new type of investor;

“The base of bitcoin has changed, in fact it has evolved, to a wider base of investors. People who have only invested in equities are now looking for options as the rumblings in the stock and bond market increase.This new investor helps to establish a stronger Bitcoin market and adds legitimacy to the Cryptocurrencies as a whole.”

Currently markets are down from their highs at the beginning of the year, however this cycle has been rinsed and repeated since Bitcoin’s inception almost a decade ago. If the Chinese crypto gurus are to be believe the next cycle is about to begin, and Asia will be leading the charge.