December 07, 2017
THE Bitcoin rally could continue for some weeks yet, with one analyst predicting the cryptocurrency will reach $20,000 by the end of the year and a staggering $100,000 over the next two or three years.

BITCOIN BOOM: Cryptocurrency will SMASH $100,000 mark by 2020, expert predicts

Bitcoin touched new highs on Thursday, rising more than 15 per cent from $12,653 as markets opened to smash through $16,500 by late afternoon trading.
This put one day gains on the cryptocurrency to 31 per cent - an almost unprecedented gain for a currency or financial asset. In comparison the UK pound has risen 0.15 per cent against the US dollar over the past 24 hours and 6 per cent over the past year.
This meteoric rise suggests waves of money from private investors are entering the market, with even the market shy potentially encouraged by the astronomic gains seen over the past year.
On 9 December 2016 a single Bitcoin was trading at $770. At the current price of $16,577, this represents a 2,053 per cent return.
On the price spike seen over the past day, Yann Quelenn, analyst at European online bank Swissquote, said: “Bitcoin is absolutely crazy right now. The retail markets is rushing in, everyone thinks they are going to get rich quickly - it’s a gold rush.”

BITCOIN BOOM: Cryptocurrency will SMASH $100,000 mark by 2020, expert predicts

However, while some analysts and investment professionals see this as cause for concern, Mr Quelenn sees no sign of the rally abating.
He said: “Everyone is talking about Bitcoin - everyone is buying - but that doesn’t mean this is going to explode or retrace. The real Christmas rally in not in stocks and shares - it’s in bitcoin.”
Quelenn believes the currency will almost certainly reach $20,000 by the end of the year. Over the longer term, while the analyst says he expects there to be significant volatility, he believes Bitcoin will reach six figures by 2019/20.
“The fundamental driver is trust. People distrust banks but they trust the blockchain and they trust Bitcoin. Over the next two to three years we see it going to $100,000. In the meantime there will be some nasty retracements, but we see $100,000, definitely.”
On whether or not the analyst would recommend his mother invest in the online currency, Mr Quelenn answered: “Absolutely. I told my friends to invest six months ago.”



Kit Carson, head of banking and fintech at UK based GlobalData, however, is of a different mind - stating that he has not recommended the online currency to anyone and was sceptical of such high price level claims.
He said: “With something like the Hong Kong Dollar (HKD) an investor knows what they are buying and can be confident that it is controlled, in this case by the Hong Kong Monetary Authority (HKMA), which sets interest rates. Value is based on a clearly understood and transparent entity, the performance of the Hong Kong economy.
“However, nobody knows what the levers are for Bitcoin or whether it is a currency to be traded or an asset to be held onto.
“What’s driving this is basic greed and supply and demand. If it got anywhere close to the valuations predicted you would see regulators jump on it and try to put a stop on it.”
Mr Carson did, however, admit that regulating the currency would be difficult.
He said: “The UK Financial Conduct Authority couldn’t act independently of other regulators - it’s a digital currency so what’s to stop you going and buying on an exchange in Australia or an exchange in the US. It’s going to need to be a co-ordinated effort in terms of where it goes.
“With the US Securities and Exchange Commission (SEC) choosing not to approve a Bitcoin exchange-traded fund (ETF) application in 2017 all eyes are now on other regulators to see how they will manage cryptocurrency’s going forward.”
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Global Vehicle to Grid Market 10 Year Forecast Report 2024-2034 - Supportive Government Regulations and Financial Incentives for V2G Deployment
DUBLIN, March 18, 2024 /PRNewswire/ -- The "Vehicle to Grid (V2G) Market Report 2024-2034" report has been added to ResearchAndMarkets.com's offering. World revenue for Vehicle-to-Grid (V2G) Market is forecast to surpass US$ 4.31 billion in 2024, with strong revenue growth through to 2034. Escalating Demand for Electricity, Coupled With a Global Commitment to Reduce Reliance on Fossil Fuels, Resulting in a Surge in the Adoption of Electric VehiclesThe vehicle-to-grid (V2G) market is witnessing unprecedented growth driven by a confluence of factors shaping the future of sustainable transportation and power management. Key drivers include the escalating demand for electricity, coupled with a global commitment to reduce reliance on fossil fuels, resulting in a surge in the adoption of electric vehicles (EVs). This market is characterized by opportunities that lie in the integration of renewable energy sources, such as solar and wind, to meet energy demands, while also addressing challenges associated with the variable nature of these sources.The primary driver for the V2G market is the escalating demand for electricity worldwide. Governments and industries are increasingly recognizing the need for sustainable and low-emission solutions, driving the widespread adoption of EVs. The electrification of the transportation sector not only addresses environmental concerns but also provides a unique opportunity for EVs to serve as mobile energy storage units. This bidirectional flow of power, where EVs can both draw and supply energy to the grid, is a key driver propelling the V2G market forward.Opportunities in the V2G market are abundant, particularly in the integration of renewable energy sources. As countries strive to meet ambitious renewable energy targets, V2G technology becomes an enabler for managing the intermittent nature of solar and wind power. This creates opportunities for smart grid solutions and advanced energy storage systems. Additionally, the idle times of parked EVs present an untapped opportunity for bidirectional ...Full story available on Benzinga.com
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SkyPixel 9th Annual Photo & Video Contest Winners Announced
Mar 19, 2024
Competition Receives a Record Number of Submissions that Highlight the Power of Innovation SHENZHEN, China, March 19, 2024 /PRNewswire/ -- SkyPixel, one of the world's most popular online communities for aerial photography and videography, today announces the winners of the SkyPixel 9th Annual Photo & Video Contest. Co-organized with DJI, this year's competition attracted over 130,000 submissions – a 100% increase from the previous year. The contest welcomed submissions from across the creator community, which includes professionals, aerial enthusiasts, and creative newcomers, showcasing their personal histories through the art of visual innovation. A Contest Shaped by You The SkyPixel Annual Photo & Video Contest is a testament to the power of innovation led imagery, honoring stories that shape the art of image capture both on solid ground and amidst the clouds. SkyPixel has cultivated a community-driven platform that reflects the dreams and aspirations of creators worldwide, and the annual competition has been a conduit for people who love image creation to express themselves as it authentically reflects the desires and aspirations of creators worldwide. Industry-Leading Judges The 9th Annual Photo & Video Contest was assessed by a Judging Panel of incredible professionals in the industry. In photography, seasoned experts include Wen Huang, a World Press Photo judge and Senior Editor, and Anne Farrar, Assistant Photography Chief Editor at National Geographic, Nan Li, the Photo Director of Southern Weekly, and Daniel Kordan, a renowned landscape photographer. In the video category, the judges include Michael Fitzmaurice, the Aerial Director of Photography of "Jumanji: Welcome to the Jungle," and Xiaoshi Zhao, known for his award-winning work on "Forever Enthralled." Bing Xi, a prominent figure in the Chinese TVC industry, and celebrated filmmaker Brandon Li round out the panel. After careful deliberation, the panel proudly presents the final winners for the year. 9th Annual Best Work Prize – Video: "Haines Alaska Through the Eyes of Luke Bredar" by Luke Bredar This year's video judging panel, which includes award-winning Cinematographers and Directors of Photography, chose Luke Bredar's video, "Haines Alaska Through the Eyes of Luke Bredar." This short film mixes heart-pounding action shots of a skier racing down a snowy mountaintop landscapes with breathtaking shots of Alaska's mountainous, winter terrain. Luke Bredar details the thought process behind the short film, "The motivation behind creating this video was to evoke themes of otherworldliness, objective risk, the interplay between risk and the essence of human spirit, solitude, impermanence, self-sufficiency, and the journey of incomplete wandering intertwined with heartbreak." This short film is an epic story made in collaboration with Matchstick Productions. Bredar explains how he pursues a better visual presentation through his creative process "I think to myself. How would my child self want to see this filmed? And I almost always get a clear vision in response. There are a myriad of challenges shooting aerial cinematography in mountain environments, but they are all ...Full story available on Benzinga.com
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