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Crypto Price Predictions for BAT, IOTA, ZIL, and ETN

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As we approach the end of January 2019, crypto investors around the world are becoming anxious to see some change in an otherwise relatively stationary market. Many have predicted that 2019 will be a big year for crypto, as a large bull run is expected to arrive and help Bitcoin and altcoins reach old heights, and maybe even grow beyond them.

For now, however, no such development has occurred. In the meantime, investors are also looking into the potential future of some smaller altcoins, hoping to find the next big hit among them. Here are crypto price predictions for four coins that many are interested in.

Basic Attention Token (BAT)

Basic Attention Token, or BAT, is currently experiencing a small surge, going up by 2% in the last 24 hours. Meanwhile, the coin’s price sits at $0.123463. The coin has followed a downward trend ever since it reached its all-time high of $0.864 in January 2018. For the most part, current BAT statistics show that the coin has seemingly found some sort of balance, with no large price fluctuations.

However, its strong connection to the Brave browser might allow it to grow, as the browser will soon allow its users to get payments in BAT for viewing ads. While this was the browser’s goal for a long time, a lot of technical difficulties needed to be addressed first, and the browser is currently testing the system. According to some predictions, BAT might continue to grow steadily in the following months, potentially reaching around $0.4 in six months and $0.64 on January 1st, 2020. The predictions are seemingly positive for the coin, although a bull run might significantly speed up the growth.

IOTA (MIOTA)

Another coin that has attracted a lot of interest is IOTA (MIOTA), which is currently priced at $0.303666. Similarly to BAT, IOTA is also currently trading in the green, with a small 2.07% increase in the last 24 hours. Predictions for the future of IOTA claim that the coin will likely continue to lose value throughout 2019, and partially 2020. Analysts believe that IOTA might continue to drop to the price of $0.07 per coin, which it will hit in May 2020, according to estimates.

After that, the coin will start growing again, with no major incidents regarding its value in foreseeable future. The results seem to indicate that investing in IOTA should be a part of a long-term strategy, as the coin has yet to go through its toughest period. Even so, it is more than possible that some new development or a massive rally might change this outcome.

Zilliqa (ZIL)

ZIL is a cryptocurrency that currently holds the rank of 30th largest coin by market cap. It holds a price of $0.022123 at the time of writing, and it is also trading in the green, with a 1.22% growth in the last 24 hours. However, ZIL price predictions are seemingly much more optimistic than that of IOTA, and the coin is expected to continue growing, albeit slowly.

Some statistics claim that the coin might reach $0.09 by December 2019, and to hit $0.66 in December 2020. After that, 2021 is expected to end with ZIL hitting $2.13, and nearly $5 in December 2022. Zilliqa seems to have a clear path upwards according to these predictions, although, as always, things might change depending on future events.

Electroneum (ETN)

Last but not least, there is Electroneum, which is currently priced at $0.006753, after a large 5.54% drop. While the situation with ETN is currently not encouraging, long-term price predictions for this coin are positive, and ETH is expected to start rising in the following months. Estimates claim that the coin will likely hit $0.01 at some point in 2019, likely around August. After that, the coin is in for a slow but steady rise, which will result in it reaching the value of $2.01 per coin in December 2022.

According to predictions, ETN will likely see the most activity in 2021 and 2022, while 2019 and 2020 are expected to be slow years. However, expectations were always high for ETN, and many believe it to be one of the coins that will go big in the future.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Blockchain-Focused ETF Arrives on London Stock Exchange

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The crypto community is still waiting for the US SEC to approve Bitcoin ETFs, with speculation which application might get approval being one of the hottest topics in 2018. However, come 2019, the US government shutdown dragged on, and the Bitcoin ETF request which had the most potential to see a grant got withdrawn by the very companies that submitted the application.

While the question of BTC ETF remains hanging in the air, blockchain-focused ETFs seem to be a different matter entirely. In a recent announcement by an independent investment managed firm called Invesco, the company has stated that it was about to launch the largest blockchain-focused ETF in the world. They managed to go through with this plan, and the ETFs have reached the London Stock Exchange today, March 11th.

The exchange-traded fund includes a portfolio containing as many as 48 different firms which are bringing exposure to the emerging technology. Among them, there is Taiwan Semiconductor Manufacturing, which is a well-known creator of chips used for crypto mining, as well as the CME Group, which is the first regulated exchange in the US which launched Bitcoin futures. There are many other well-known companies as well, such as Intel, Microsoft, and others.

Chris Mellor, the Invesco’s head of ETF equity product management in Europe, said that blockchain has a huge potential to increase earnings, even though…

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Could Jeff Bezos Turn to Bitcoin to Hide Fortune from Wife?

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Amazon’s Jeff Bezos has made numerous headlines recently due to his overly-publicized divorce, which shows all signs of being one of the most expensive ones — if not THE most expensive one — in modern history. According to estimates, it might cost him as much as $70 billion, which will make his soon-to-be-ex-wife the richest woman in human history.

However, as the process continues to unfold, many have started wondering if things may have ended up differently for Bezos if he turned to Bitcoin for help.

Bitcoin as a divorce tool?

In the last several years — since Bitcoin and other cryptos hit fame — many have started turning to BTC during their divorce proceedings. In fact, it can even be said that using the largest cryptocurrency in this way has become a new trend. The trend has been gaining so much strength that numerous law companies started including advice on what to do in regards to Bitcoin as part of their websites.

However, while the trend has been picking up in recent years, it is nowhere near as easy as it might seem. For example, if there is even a suspicion of a spouse having undisclosed holdings appears during the divorce process, it might be enough to impact the final decision of the judge. In other words, even if there is a complete lack of evidence, but…

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Three Biggest Things To Know Come Cryptocurrency Tax Season

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In recent years, digital cash systems known as cryptocurrencies such as Bitcoin and Litecoin have exploded into the public eye. A blend of cash and stocks, their use and value has grown exponentially. In 2017, the IRS decided to focus great effort on taxing them. In theory, this should be as simple as calculating taxes on any other type of property, bond, or other assets. Cryptocurrency, however, presents a unique challenge. The full extent of one person’s crypto activity can stretch across dozens of platforms and take a variety of different forms. This makes it difficult to gather all of this information cohesively, much less begin the seemingly- complicated process of reporting it.

These three tips should help anyone looking to legally report their crypto activity to figure out where to start.

Documentation is key!

There are dozens of different “exchanges” individuals can use to change their cash into crypto. When the flat currency is changed into cryptocurrency at the exchange, you establish your cost basis. This makes this data crucial when you begin the process of reporting.  Those who have used a variety of different exchanges should keep detailed records of everywhere that they made trades. Once tax season arrives, most exchanges will allow users to view their entire trading history with that exchange. This information will be necessary later to complete taxes.

Calculate your total gains

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