It seems like everyone is waiting on signs that mass adoption is coming, or that institutional money will soon be flooding into the Cryptoverse, but we currently don't know when, or even if, these events will happen.
However, there are somethings that will definitely happen in the second half of this year and the beginning of next that have the potential to make the markest explode (and in the best way possible). So what are these events? Well, I think there are at least four of them, all associated with top ten cryptos, that could make for an epic end to 2019. These are:
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Litecoin Halving: In August 2019, the mining reward for Litecoin is set to half, potentially greatly reducing its availability, and presumably driving up the price. This could take the current number 6 back up to the point where it is once again threatening to flipper Ethereum for the number 2 slot. If this happens, it would get a lot of people talking, even in the mainstream media, and that would have a hugely positive effect on the cryptosphere as a whole, especially if it helped to bring in a swath of new investors and new money.
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Ethereum Switching To PoS: Ethereum is slated to start its move towards Proof of Stake (PoS) before the end of this year. If this happens, you'll be able to earn money just for hodling Ether. This will make Ether much more attractive to traditional investors, and as with Litecoin halving, it could result in a flood of new money coming into the Cryptosphere in general, as well as putting a very strong upward price pressure on Eth itself.
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Cardano Goes Decentralised: Currently languishing in the number 10 slot by market cap, Cardano is scheduled to finally start its move to decentralisation in the second half of 2019. As well as bringing in staking (and so the ability to earn an income just from hodling Cardano's native Ada token), we'll finally get to see whether Cardano really is the potential Ethereum killer people have always said that it could be. I expect businesses, in particular, to be following this very closely as it would seem that Cardano is a lot better set up for them to run smart contracts on than Ethereum. Again, this could be a huge boost to this project, and see its value once again approaching, or even passing, the $1 mark. If is does, expect the news of it doing so to spread rapidly and result in a whole lot of speculators piling onboard and driving the price even higher.
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Bitcoin Halving: While it won't happen until next year, the positive effects of Bitcoin halving should start putting an upward pressure on its price from July 2019 onwards, and this could push it back through the critical $10k theshold. If that happens, it could be that start of a year-long bull run that could take the Bitcoin price (and the market as a whole) into the stratosphere, and even as far as the Earth's famous natural satellite that everyone in every crypto project is always asking about!
There are my four key events for the second half of 2019. We know they all will happen, and the impact of any one of them could be phenomenal for the individual crypto involved, and for the wider market. Yet, they're all going to happen within a few months of each other, and this level of synchronisity between four such major events involving four top 10 cryptos is something we have never seen before, and, fingers-crossed, the results could be truly epic!
So, watch this space, and watch how SwissBorg develops, too. Currently, its Wealth Managament app is due for release in amongst these key events, and that could be the best possible time to release SB's key market-facing product.
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