95% of Reported Bitcoin Trading Volume Is 'Fake': Bitwise Report

A recent study conducted by Bitwise Asset Management has revealed that as much as 95% of spot Bitcoin (BTC) trading volume has been “faked” – as it’s being inaccurately reported by loosely regulated (or unregulated) digital asset exchanges. Founded in 2017, Bitwise Asset Management is a privately-held, San Francisco-based crypto research firm that also serves as a “trusted partner to individuals, wealth managers, family offices, investment managers and institutions” in making business-related decisions in the digital asset industry.
Source: Crypto Globe

BitMEX CEO: Bitcoin's Price Will Reach $10,000 Before End of 2019

Arthur Hayes, the co-founder and CEO of Bitcoin Mercantile Exchange (BitMEX), a Seychelles-registered and Hong Kong-operated crypto derivatives trading platform, has predicted that Bitcoin (BTC) price will surge to $10,000 during this year. Hayes, a Wharton School of Business graduate, had previously forecasted that Bitcoin’s price would hit $50,000 by the end of 2018. However, the value of the world’s most dominant cryptocurrency dropped below $4,000 mark towards the end of last year.
Source: Crypto Globe