Mike Novogratz Doubles Down on $10,000 Bitcoin Prediction

Billionaire and ex-fund manager Mike Novogratz has restated his belief that Bitcoin will end the year at $10,000, adding that ethereum could close at $500. Speaking with Bloomberg Daybreak: Americas yesterday, Novogratz said that “I think we’ll hit a new high soon … we’ll end the year at $10,000 in Bitcoin.” Ethereum, the second largest cryptocurrency by Market value, will also reach a new high soon of “close to $500.” He said: “There are a lot of positive things happening in the ethereum ecosystem.” Novogratz further played down [...]

Ethereum Developers Optimistic Ahead of Byzantium Blockchain Fork

Ethereum’s core developers assembled yesterday for a final scheduled meeting before the blockchain network, the world’s second-largest by total value, undergoes its next upgrade, expected on October 16. Held via Google Hangouts at 14:00 UTC, the discussion centered on ensuring all ethereum clients upgrade their software in unison so as to avoid any unintended splits. For the fork to occur across all nodes uniformly, clients need to include the necessary changes that accompany the upgrade – called Byzantium – as well as the trigger [...]