Tag: Report

FSInsight report says a single spark could see BTC 5X

Financial research firm FSInsight predicts in a new report that Bitcoin could reach $222,000, and Ether could reach $12,000, by the end of 2022. At current prices of BTC ($43,350) and ETH ($3,080), that would mean a nearly five-time and four-time increase in price for each coin respectively. The Digital Assets In A Post-Cycle World report explained several factors that are likely to combine to drive prices to those heights by the end of the year. Compared to other cycles, it would appear that BTC has not achieved what the…

4 key takeaways from KPMG Pulse of Fintech Report

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As Bitcoin (BTC) and altcoins took a break from reaching new all-time highs, the market sentiment seems gloomy since the start of 2022. However, while the market seems to be sleeping, its trajectory shows that there’s more to look forward to in the coming months. Multinational professional services network KMPG published its biannual Pulse of Fintech report, where the firm tracks and analyzes developments and investments within the financial technology sector. The report highlighted the most notable developments in major regions like the Americas, Asia Pacific and EMEA, and pointed…

Global crypto adoption could ‘soon hit a hyper-inflection point’: Wells Fargo report

Wells Fargo Investment Institute, the research division of Wells Fargo Wealth and Investment Management, has released a report highlighting the potential of cryptocurrencies as an investment opportunity akin to the early days of the internet.  In a Monday report titled, “Cryptocurrencies — Too early or too late?“ the banking giant referred to cryptocurrencies as “viable investments,” but hinted there was no rush for investors to enter the still maturing market. Wells Fargo’s global investment strategy team said it did not subscribe to the idea that it was “too late to invest” in…

Myanmar’s Military Government Plans Digital Currency Launch: Report

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