Daily crypto: Markets on the rise and South Africans are positive to cryptocurrencies

Daily crypto: Markets on the rise and South Africans are positive to cryptocurrencies.

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Christian Ploog


A former vice president at investment bank Goldman Sachs, Christopher Matta, would still invest his own mother's money in bitcoin, and many South Africans are positive to cryptocurrencies.

According to a new survey, 38 percent of South Africans, who were already aware of the existence of cryptocurrencies, wished they had invested in them. As much as 71 percent of them also expressed positive thoughts about crypto and said that “you can make a lot of money with them”. At the same time, however, 43 percent of the people in the survey likened cryptocurrencies to pyramid schemes, CCN writes.

Christopher Matta, former vice president of investment management division at investment bank Goldman Sachs, still believes that bitcoin is a very good investment.

In fact, he is so confident in a bright future that he still could invest his own mother’s money in the cryptocurrency. He also thinks that the bitcoin price definitely can reach $15,000 in 2018, CCN writes.


Markets on the rise

The crypto markets have risen slightly in recent days. If we take a look at the largest currencies in the past 24 hours, all of them show green numbers, where bitcoin cash (+3,11%), eos (+2,41%) and ethereum (+2,35%) have gone up the most.

The ones who performed the best on top 100 were moac (+27,72%) and 0x (+16,99%), and the ones who performed the worst were kucoin shares (-5,65%) and rchain (-2,91%), according to numbers from Coinmarketcap.

Asset: Price: % (24h)
Bitcoin $6 350,35 +1,49%
Ethereum $446,21 +2,35%
Xrp $0,444505 +1,68%
Bitcoin cash $718,87 +3,11%
Eos $7,13 +2,41%

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