Surprise! State-Owned Bank Says Bitcoin Price Is Too Low
Source: iStock/hocus-focus
A German bank believes that bitcoin prices are in for a major boost next year, and says current prices do not take into account the token’s forthcoming mining reward halving – expected to take place in May 2020. The bank estimates that BTC might hit USD 90,000, while it trades at c. USD 8,200 today.
Bayern LB, a bank that is 75% owned by the Bavarian state, has made Read more »
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