Saxo Bank Predicts Bitcoin Collapse To $1,000 Next Year

It’s that time of year again– the time when everyone seems to be channeling his or her inner Nostradamus, peering into the crystal ball, and making predictions about what we’re going to see next year. There’s a great quote that’s [….....»»

Category: blogSource: valuewalkDec 7th, 2017

A European bank predicts bitcoin will soar to $60,000 before crashing to $1,000

Saxo Bank, an online-only firm in Denmark, released its list of 2018 predictions.  Topping the list are a bitcoin crash to $1,000, a US economic recession, and China launching its own oil futures market for .....»»

Category: topSource: businessinsiderDec 10th, 2017

Saxo Bank"s 10 Outrageous Predictions For 2017: Brexit Never Happens, Bitcoin Surges, Fed Folds

Continuing in the tradition of making a selection of calls aimed at provoking conversation on what might surprise or shock the investment returns in the year ahead this year's predictions cover a range of scenarios, including a Chinese growth rebound,.....»»

Category: blogSource: zerohedgeDec 7th, 2016

Need to Know: A bitcoin crash, a burst housing bubble — brace for these 30 risks, says giant bank

Many traders today will have one eye on the jobs report and another on bitcoin, as they also ponder the year ahead. Deutsche Bank has circulated the list of 30 risks for markets in 2018, providing our call of the day......»»

Category: topSource: marketwatchDec 8th, 2017

China"s electric car investments could push oil prices even lower

REUTERS/China Daily Oil prices could drop to $35 next year if China and India's plans come to fruition, Saxo Bank's chief economist said recently.  It's a bold prediction, but the spread of estimates is wide ranging for 2018. Oil could also spik.....»»

Category: topSource: businessinsiderDec 3rd, 2017

Central Bank Outlook Dominates 2018 Predictions

At the end of every year, Saxo Bank publishes its ten outrageous predictions for t.....»»

Category: blogSource: valuewalkNov 17th, 2017

Bitcoin Rips, Banks Dip As Fed Crushes Yield Curve To 10-Year Flats

The yield curve collapse means nothing... Don't sweat it...   While Trannies ripped higher, the rest of the equity market hummed along the unchanged line in a narrow range... (NOTE the weakness toward the end of .....»»

Category: blogSource: zerohedgeOct 12th, 2017

"10-Year Treasury Yields Headed To Zero Percent" - Saxo Bank CIO

Authored by Mike Shedlock via, In his latest Email article, Steen Jakobsen, Saxo Bank Chief economist and CIO has a bold prediction about interest rates. With nearly everyone, even Janet Yellen at t.....»»

Category: blogSource: zerohedgeSep 8th, 2017

China Central Bank Advisor: "Bitcoin As A Currency Could Collapse Entire Economies"

An advisor to China's central bank, Sheng Songcheng, said that virtual currencies like bitcoin are assets but do not have the fundamental attributes needed to be a currency that could meet m.....»»

Category: blogSource: zerohedgeJul 7th, 2017

Bank Stocks, Dollar Jump As Fed Sends Yield Curve Tumbling Near 10-Year Lows

The Treasury curve (2s10s) has collapse to 80bps - its lowest since September 1st 2016 following The Fed's rate hike. The supposedly dovish statement sent the dollar higher, and helped bank stocks (even as the yield curve dropped.....»»

Category: blogSource: zerohedgeJun 14th, 2017

He predicted Bitcoin"s $2000 price. Now it may hit $100,000 in 10 years

Its market capitalization could grow to $1.75 trillion in 10 years, according to Saxo Bank analyst Kay Van-Petersen......»»

Category: topSource: moneycentralMay 31st, 2017

Market Extra: ‘This is the end of the European rally’ as Macron’s path, Italy pose challenges: Saxo

It’s been a leap year for European equities so far this year, with key benchmarks surging double-digits, but now that the French presidential election has passed, the advances look ready to fade, said Saxo Bank......»»

Category: topSource: marketwatchMay 8th, 2017

2017-02-28 Week - AU GDP - JP 10y - Trading Collapse - Bitcoin vs. Gold

US consumer #. AU GDP & building approvals. Japan 10 year auction. Trading collapsing markets like record high DOW. Brief look at Bitcoin vs. Gold as price nears parity......»»

Category: optionsSource: insidefuturesFeb 24th, 2017

Bitcoin jumps above $1,000 for first time in three years

LONDON (Reuters) - Digital currency bitcoin kicked off the new year by jumping above $1,000 for the first time in three years late on Sunday, having outperformed all central-bank-issued currencies with a 125 percent climb in 2016......»»

Category: topSource: reutersJan 2nd, 2017

Market Extra: Health care stocks to lose 50% — and 9 other ‘outrageous’ analyst predictions

Saxo Bank has complied 10 unlikely events that could rattle the financial markets in 2017 if they were to happen — no Brexit, Italian banks surging 100% and the Fed fixing 10-year yields are just some of them......»»

Category: topSource: marketwatchDec 8th, 2016

Bitcoin Price Could Triple in 2017, Saxo Bank Says in "Outrageous" Prediction

Danish investment bank Saxobank has an “outrageous” prediction for 2017: the price of bitcoin could triple. Source.....»»

Category: forexSource: coindeskDec 7th, 2016

Market Extra: The U.K. won’t Brexit — and a bank’s 9 other ‘outrageous’ 2017 predictions

Saxo Bank has complied 10 unlikely events that could rattle the financial markets in 2017 if they were to happen — no Brexit, Italian banks surging 100% and the Fed fixing 10-year yields are just some of them......»»

Category: topSource: marketwatchDec 7th, 2016

US commercial bankruptcy filings have soared 38% from one year ago

ShutterstockSomething funny happened on the way to the bank: In August, commercial and industrial loans outstanding at all banks in the US fell for the first time month-to-month since October 2010, which had marked the end of the collapse of credit d.....»»

Category: topSource: businessinsiderOct 9th, 2016

Would a Deutsche Bank Collapse Impact Bitcoin Prices?

Deutsche bank is facing rising pressure that could result in the firm's financial insolvency. Source.....»»

Category: forexSource: coindeskSep 30th, 2016

An American Woman Used Bitcoin to Send Money to Islamic State

Zoobia Shahnaz of Brentwood, Long Island, has been charged with bank fraud. A woman from New York City has been accused of stealing and laundering over $85,000 to send to Islamic State, using Bitcoin .....»»

Category: europeSource: fortune25 min. ago

Australian Central Bank - Bitcoin Is Bad But You"d Love A Digital "e-AUD"

Sweden’s Riksbank, the world’s oldest central bank, is exploring the possibility of a digital register-based e-krona; the Reserve Bank of New .....»»

Category: blogSource: zerohedge4 hr. 24 min. ago