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BTC, ETH, BNB, EOS Bullish Price Prediction by End of 2019 by Venture Investor William Mougayar

  • Yuri Molchan
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    A venture investor predicts that by year’s end some top coins’ prices will surge more than double, including Bitcoin and BNB, but XRP got left out

BTC, ETH, BNB, EOS Bullish Price Prediction by End of 2019 by Venture Investor William Mougayar
Cover image via twitter.com
Contents

Earlier today, September 19, the Bitcoin price made investors feel tense when it went down below the $10,000 level.

coinstats 09/19/19
Image by coinstats

Still, many in the market remain optimistic. One of those was a venture investor, entrepreneur and a blockchain writer William Mougayar. He posted a bold price prediction for several both major and minor coins by the end of the year.

Good news for Bitcoin believers – Mougayar is another Bitcoin bull, predicting the ‘digital gold’ will hit $25,000 by the time 2019 ends.

BTC, BNB, EOS, ETH – some of them to surge more than double

Mougayar believes, as many other bulls, that Bitcoin will hit the $25,000 level by the end of the year. He also made predictions on several other top ten coins: EOS, BNB and ETH. If EOS and BNB prices would rise by about double, then Ether, as per him, would surge nearly 5 times from today’s price.

He expects the overall capitalization of the crypto market to hit $750 bln (being $262.7 bln at the moment). However, the investor believes that the Bitcoin market dominance will reduce from the current 67.3 percent to 55 percent.

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Mougayar leaves out Ripple, displeasing XRP fans

Curiously, the investor avoided giving any bearish prediction on any coin. He also avoided voicing his opinion regarding the future price of XRP, the third-largest coin on the top-ten list. 

He did so despite the recent big milestones achieved by XRP-holding Ripple, such as partnering with the CoinMe ATM chain and the recent interview of its CEO Brad Garlinghouse on the mainstream CNN channel.

When asked about the reason of this ignoring the asset, Mougayar replied:

Twitter comments
Image by Twitter

One of the commenting users asked the author of the tweet to clarify which year’s end he meant exactly and what these predictions are based on. The reply was - a hunch and insights.

Twitter comments
Image by Twitter
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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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Nationwide Blockchain of China Finally Preparing for Launch

  •  Denis Sinyavskiy
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    China launching nationwide blockchain service in beta mode until March 2020. It must push forward digital economy and smart cities

Nationwide Blockchain of China Finally Preparing for Launch
Cover image via www.123rf.com

China continues to take steps toward the digital economy and smart cities by officially releasing a nationwide blockchain service network, XINHUANET says.

Blockchain service network expectations

UnionPay, State Information Center (SIC), China Mobile and three other organizations worked on a system that will help China lead the blockchain technology market. Blockchain beta testing has already been announced and will last until March 2020, and all content and services will be available for free till that date.

BSN is expected to accelerate the development of digital technology and smart cities, as well as foster the development of new technology and industries.

What about CBDC?

Earlier, U.Today reported, that China has come close to creating its own cryptocurrency and may even launch it this fall, but then there was information that the national digital currency will appear later.

But China will not become the first country to introduce a national cryptocurrency. The Kingdom of Bhutan has already done it this month, as we already reported.

So, what do you think? Does the launch of China's national blockchain mean that the country will become a leader? Write what you think about this in the comments section!

Join our Telegram channel to get news even faster!

About the author

Starting with a simple interest in cryptocurrency, over the past two years, Denis has worked in a cryptocurrency fund and become an author with an analytical bias. His engineering degree helps with the analysis of the technical part of the cryptocurrency market. As a fan of cryptocurrency, Denis believes that the blockchain technology is the future.

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