Blockchain 

Bitcoin Price to Reach $55K? Joe Kernen Suggests So!

Once again, Bitcoin price has fallen below $10k per coin. The largest digital asset by market cap has shocked investors in the last few months with rallies that saw the coin reach highs of over $13,500 in value. The surge in price has led to multiple discussions on Bitcoin’s future potential as it once again takes center stage. The latest bullish opinion comes in from Squawk Box’s Joe Kernen, who suggested that BTC price will surge to $55,000 by May 2020. Though many will dispute this thought, there are plenty…

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Bitcoin 

CBOE Bitcoin (BTC) Futures Reach Record-Low Volatility

Bitcoin (BTC) futures hit record low volatility in October on the US Chicago Board Options Exchange (CBOE), MarketWatch reported yesterday. CBOE Bitcoin (BTC) Futures Kevin Davitt, a Senior instructor at CBOE Options Institute, published a video on November 1st outlining the volatility decline. In the video above, Davitt outlines that the average weekly volatility for XBT-CBOE Bitcoin (BTC) futures on the week ending October 26th was just three percent. This is the lowest level of volatility since the futures contracts launched on December 10th, 2017. As of the first of…

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Ethereum 

Ethereum (ETH) Price Prediction | Tom Lee Thinks ETH will Reach $2,000

Tom Lee has been a long-time crypto bull and has faced Wall Street head on. Lee is the managing partner and head of research at Fundstrat Global Advisors. Usually, he gives his price predictions on Bitcoin (BTC), but yesterday he predicted the price of Ethereum (ETH). Tom Lee Ethereum (ETH) Prediction “We believe Ethereum is about to stage a trend reversal and rally strongly,” Lee said in a note to clients Thursday. Ethereum, the world’s second-largest digital asset, is down more than 70 percent this year. In the past three months,…

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