Today, our review will include Bitcoin price forecasts and new quotes for Ripple XRP, Tron and IOTA.
Mark Yusko is the CEO of crypto investment company Morgan Creek Digital. In a recent interview with BloxLive.tv, Yusko said Bitcoin will rise to as much as $ 500,000. The reason for this is the advantages that Bitcoin offers over gold. So he said:
“You have to look at assets around the world. Gold is an asset, a monetary asset. It has been considered hard money for 5,000 years (…) and has a [total] value of $ 7.4 trillion. The good thing about Bitcoin is that it's “digital gold”. It is much easier to transport and much easier to share. It is quite difficult to split a bullion. So it has all the central features to be superior to gold. “
Yusko also pointed out that the total number of Bitcoin is limited to 21 million coins. At the same time, according to Yusko, investors have lost the keys of up to 23 percent of all Bitcoin. He sees the price at up to $ 500,000:
“If the total value of the Bitcoin market or the network value matches that of gold, that would mean $ 7.4 trillion divided by 21 million coins – even though 21 million are not really left. So we come to a value of $ 400,000, maybe $ 500,000 per coin. When will that happen? Probably in over 10 years or even later. “
Yusko further pointed out that the current hacking attack on the Binance crypto show Bitcoin embodying value. Nobody is stealing something that has no value, Yusko explained. Also, the market is stable, so that over time more and more participants would be added.
Today we unveiled our #DropGold TV commercial. We think it's a #MustWatch
sound ON! pic.twitter.com/SEGAmMItsE
– Grayscale (@GrayscaleInvest) May 1, 2019
ETHGasStation has published a new overview of the Ethereum scaling solution “Ethereum 2.0”. In the article, the team shows the progress and indicates possible bugs.
Ripple XRP, Tron and IOTA
Hong Kong-based crypto-exchange Trade.io has announced new quotes on Twitter. These include Ripple XRP, Tron (TRX) and IOTA. The lesser known, Zcash-based coin “SnowGem” (XSG) is also among the nine.
4 new listings coming soon
📌 Permissionless distributed ledger token, $ MIOTA
X $ XRP which currently ranked the 3rd largest #crypto by market cap
📌 $ TRX is one of the largest blockchain-based operating systems in the world
Snowgem (XSG) -the Zcash based #cryptocurrency
– trade.io (@TradeToken) May 10, 2019
The crypto exchange did not specify when quotations should be made and which trading pairs should be offered.
Together with Ellipal, the Litecoin Foundation has released a new hardware wallet. The wallet with Litecoin logo has a display about 10 cm, a camera and is completely connectionless. It supports Litecoin as well as 22 other cryptocurrencies. These include Bitcoin, Ethereum, Ripple XRP and Stellar Lumens. The price of the device is listed on the Litecoin Foundation website at $ 149.
Emurgo.io's technical research director Sebastien Guillemot has published his monthly update. In it Guillemot describes the progress the developers make with Cardano.
Emurgo is the economic development branch of Cardano. There, companies are supported in integrating the blockchain.
Author: Peter Joost – Source Post: https://www.kryptovergleich.org/prognose-bitcoin-kurs-btc-steigen-auf-500-000-usd-plus-ripple-xrp-ethereum-litecoin-tron-cardano- and-iota-update /
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