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Three BOLD Predictions for the Future of Digital Currency


27 Mar 2019

#Bitcoin

Currently, there is a complete paradigm shift happening in payments and payment processing. Blockchain and tokens have completely changed the way we think and talk about money. What started with talks about a cashless society, has gone into directions no one ever thought possible.

The change that blockchain technology has brought about in various industries is proof positive how much technology advances can change our lives in both small and big ways. The way that a large financial company such as JPMorgan Chase can make fresh moves with new technology into the world of financial transactions to Facebook who is creating its own blockchain, it's own token and plans to use it in its own apps. Old tech giants like IBM, who are have made announcements of making moves in payment processing, announcements that have sent shockwaves through the markets.

Early days are gone, stability coming


Sullivan & Worcester LLP, a law firm based in New York City, help a panel discussion with leading members of this new industry. The panel was called Token Exchanges: The Promise of Liquidity, Compliance, and Stability. Joel Telpner, who leads the panel and is a partner at the law firm that held it, stated that we are in a time where we are paying for early exuberance in the market. However, he did mention that it was not a bad thing when looking at the picture from another angle. He continued by explaining that while most new technologies will be unstable and have lots of growing pains in the beginning, once those early days are finished, business tends to become much more stable from thereon.

He says that we are now somewhere at the end of the beginning. The wild west of the cryptocurrency industry will be over and that success from here on it will be from people who have fundamental principles in business and with good governance that can carry on a stable form of business.


Telpner's words of warning for the three regulatory hurdles and opportunities to watch out for are

Telpner also added that while many people around the world have been chasing the best jurisdiction for their businesses, this is the wrong way to look at things. This was wrong in 2017, 2018 and it is even more wrong to look at it in 2019. All countries are now working hard to regulate digital currencies so that looking for perfect jurisdiction is a waste of time according to Telpner.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 74.8% 46 $36 573.27 0.47% -6.15% $692 773 893 848 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 70.4% 61 $2 395.04 -1.19% -16.58% $285 835 747 014 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94% 1 $1.000293 -0.01% 0.01% $78 191 524 513 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 70% 65 $384.43 4.84% -10.35% $63 475 748 701 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 92.8% 1 $1.000240 -0.02% -0.01% $49 498 522 885 USDC 7 days price change
6 Cardano (ADA) ADA Cardano predictions 67.2% 64 $1.021485 -1.64% -17.20% $34 273 904 637 ADA 7 days price change
7 XRP (XRP) XRP XRP predictions 71.6% 53 $0.597685 -1.25% -13.61% $28 531 643 354 XRP 7 days price change
8 Solana (SOL) SOL Solana predictions 70% 67 $88.80 -1.31% -28.10% $27 969 104 592 SOL 7 days price change
9 Terra (LUNA) LUNA Terra predictions 64% 73 $51.75 -12.95% -33.42% $20 738 133 252 LUNA 7 days price change
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13 Binance USD (BUSD) BUSD Binance USD predictions 92.8% 1 $1.000132 0.02% 0.10% $14 845 895 746 BUSD 7 days price change
14 Polygon (MATIC) MATIC Polygon predictions 64.4% 73 $1.61 2.39% -15.17% $12 008 916 581 MATIC 7 days price change
15 SHIBA INU (SHIB) SHIB SHIBA INU predictions 66.8% 68 $0.000021 0.64% -19.59% $11 390 172 652 SHIB 7 days price change

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