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Home / Business / Crypto Influencer Bets on Bitcoin (BTC) of $ 500,000 – Plus Ripple and XRP, Ethereum, Litecoin, Tron, Cardano, IOTA

Crypto Influencer Bets on Bitcoin (BTC) of $ 500,000 – Plus Ripple and XRP, Ethereum, Litecoin, Tron, Cardano, IOTA



From the mathematics behind a huge Bitcoin prediction to new support for XRP, Tron and IOTA, here's a look at some of the stories that break in the crypto world.

Bitcoin

CEO of crypto investment firm Morgan Creek Digital expands on its prediction that the price of Bitcoin will climb as high as $ 500,000.

In a new interview with BloxLive TV, Yusko says his assessment is based on Bitcoin's button and gold over-all.

"Gold is an asset, a monetary asset. It has been hard money for 5000 years … and it's about $ 7.4 trillion of value. The beauty of Bitcoin is, it's digital gold. That's a lot easier to transport, much easier to share.It is very tough to crush a bar of gold in the component parts, and then it has all these essential properties that I think are superior to gold.

Yusko says Bitcoin's total supply on 21

million, combined with investors having lost the keys to as much as 23% of existing BTC indicates that the price of each coin will rise as high as $ 500,000.

So if we get the value of total Bitcoin market value or network value equal to gold, There will be about 7.4 trillion divided by 21 million coins, although there are not really 21 million left and you get about $ 400,000 a coin, maybe $ 500,000 a coin. Now, when is it? probably over a decade or maybe even more. "

As for spoken by Fortune, Crypto investment firm Grayscale recently launched an "out-of-the-box" multi-million dollar ad campaign that compared Bitcoin and gold. The company's first national television commercial, called Drop Gold, echoes Yusko's feelings.

Ethereum

A new overview on Current condition for Ethereum scaling upgrade known as Ethereum 2.0 is out. The overview from ETH petrol station highlights new progress on the test-of-stake test network.

The article also addresses any potential error issues and encourages feedback from beta users.

XRP, Tron, IOTA

The Hong Kong based crypto swap Trade.io says It Adds XRP, Tron (TRX), IOTA and the lesser known crypto activity SnowGem, which is based on Zcash.

No words yet exactly when to start or which crypto shares they will be $ XRP currently ranked as the third largest

Litecoin

Litecoin Foundation has partnered with Ellipal to create [19659014] a new Litecoin-branded hardware wallet .

The wallet is completely disconnected and supports LTC in addition to 22 other cryptocure values, including BTC, ETH, XRP and XLM.

Cardano

The engineering management at Emurgo, Sebastien Guillemot, released their monthly update on the progress developers at Cardano.

Emurgo is Cardano's commercial development department, working to develop, support and incubate commercial ventures on the platform.

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