Ethereum is often overlooked because Bitcoin has better name recognition, but we had to make sure to share two new Ethereum price predictions for the end of 2018.
While ETH prices are sitting under $500 right now, two experts see it climbing to $1,000 or more by the end of the year.
Joseph Raczynski of JoeTechnologist.com believes that ETH prices will reach $1,000 by Dec. 31, 2018.
“They are one of the most real projects to date. Nearly all large organizations are testing on this platform,” Raczynski told Finder.com.
Aaron LePoidevin of Every Capital is even more bullish, and he believes the price of Ethereum will reach $1,250 by the end of the year. That’s a potential gain of 164.63% from today’s (July 6) prices.
If You’re Not Making Millions of Dollars with Cryptocurrencies… you could be. Click here to discover the coin that will soon be BIGGER THAN BITCOIN… and how to claim YOUR cryptocurrency fortune while you still can.
“The SEC clarification should be helpful in the longer term for both ETH and cryptoassets more broadly,” LePoidevin told Finder.com.
Here is a recap of the top five cryptocurrencies by market cap as of 10:30 a.m. EST:
|Cryptocurrency||Market Cap||Price||Change (24h)|
|Bitcoin Cash (BCH)||$12,550,753,970||$728.74||-3.97%|
Now here’s a closer look at the top cryptocurrency stories of the day…
The Top Cryptocurrency Stories for July 6
- Evgeny Chereshnev of Biolink.Tech said this week that he foresees a world in which the majority of cryptocurrency projects collapse. Chereshnev warned that “at least 90% of all cryptocurrencies that exist right now are doomed to fail, die, or would basically be rejected because the people who are primarily interested in them are moneymakers.”
- Perhaps it would be a good thing if some of these projects went away. According to cryptocurrency security firm CipherTrace, roughly $1.2 billion has been laundered through privacy altcoins.
- Speaking of illicit activity, a report out of India indicates that members of the nation’s ruling government – the Bharatiya Janata Party (BJP) – have been accused of operating a Bitcoin scam totaling $763 million. Several congressional leaders have requested that the nation’s supreme court intervene.
- South Korean regulators are now classifying cryptocurrency exchanges as financial institutions. According to local reports, the nation’s government is considering a plan to regulate these exchanges to prevent large-scale hacking events and security breaches.
Finding the Next Crypto 10-Bagger
We’ve spent the last few months developing a series of special, comprehensive videos and reports that we want to share with you.
Altogether, they’ll give you an even stronger crypto “insider’s edge.”
We hope you’ll take advantage of all the great research on this breakout digital coin.
To find out how to get all this, just take a look…
About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.To get full access to all Money Morning content, click here.
Disclaimer: © 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.