Goldman Sachs is seeing more institutions diving into crypto, the global investment bank’s head of digital assets has revealed, noting that until now the bitcoin price action has been driven primarily by retail investors. “But it’s the institutions that we’ve started to see come in,” he stressed, adding that the appetite has “transformed.” Bitcoin ETFs […]
Kiyosaki Warns of Big Bubble, Analyst Predicts $330K BTC, Draper’s Wild El Salvador Prediction, and More— Week in Review
Robert Kiyosaki has issued a stark warning about an impending financial disaster, which he believes will devastate baby boomers. A crypto analyst predicts bitcoin could exceed $ 330,000, defying historical growth patterns through a combination of pattern disruptions and the theory of diminishing returns. Venture capitalist Tim Draper forecasts that bitcoin will dramatically transform …
Analysts ‘Now More Convinced’ of Bitcoin Reaching $150,000 by Mid-2025
Global asset management firm Alliance Bernstein has doubled down on its bitcoin price prediction of $ 150K by mid-2025. “These are still early days of bitcoin’s integration into traditional asset portfolios,” the firm’s analysts described, adding that they are “now more convinced” about their $ 150K price forecast for bitcoin. Bernstein’s $ …
Creating a More Fair Ecosystem for Stakers and Validators With Bahamut Blockchain
The Bahamut blockchain is an innovative EVM-based, layer 1 solution, renowned for its security, decentralization, and scalability. It uses the FTN coin for network operations, cross-chain functionalities, and rewards. Notably secure, Bahamut has passed CERTIK and HEXENS assessments and introduces a unique Proof of Stake and Activity (POSA) consensus mechanism, rewarding validators based on engagement […]
El Salvador Has More Bitcoin Than Public Estimates With Multiple BTC Revenue Sources, President Bukele Indicates
President Nayib Bukele of El Salvador has indicated that his country’s bitcoin holdings may exceed public estimates. He revealed that El Salvador has been generating bitcoin-related revenue from various sources in addition to the capital gains from bitcoin purchased since its legalization as a legal tender in the country. ‘El Salvador Is Bitcoin Country’ El […]
‘Web3 Gaming Offers a Pathway to a More Inclusive and Vibrant Gaming Ecosystem’ — Weiwei Geng
While the traditional gaming industry’s free-to-play model is largely credited for its past and projected success, on the downside this model only prioritizes building games that “optimize for addiction and profit maximisation” rather than “innovative entertainment,” Weiwei Geng, the CEO of Taki Games, has argued. The Blockchain Can Revolutionize the Gaming Landscape According to Geng, […]
Bitcoin Mega Whale Resurfaces, JPMorgan Expects BTC Price to Drop, Bitcoin Cash Soars 40%, and More — Week in Review
A significant bitcoin “mega whale” moved 3,000 vintage bitcoins from 2010 as BTC peaked at $ 69,210. JPMorgan predicted a post-halving drop in bitcoin’s price to $ 42,000, citing current euphoria levels. Meanwhile, bitcoin cash experienced a 40% surge in anticipation of its halving event and a major 2024 upgrade. Additionally, rumors circulated …
Study: Criminals Target Defi Platforms, Steal More Than $67 Million in February Alone
In February alone, criminals stole digital funds worth over $ 67 million from decentralized finance (defi) platforms. The latest Immunefi data shows that hacking attacks accounted for more than $ 65 million, or 97% of the month’s losses. The Ethereum blockchain suffered the most individual attacks, with 12 incidents representing 85.71% of the …
Microstrategy to Buy More Bitcoin With Proceeds From $600M Convertible Note Sale
Nasdaq-listed company Microstrategy is planning to sell $ 600 million in convertible senior notes and use some of the proceeds to buy additional bitcoin. Microstrategy now holds 193K bitcoin. The company’s executive chairman, the pro-bitcoin Michael Saylor, says bitcoin has become the world’s “most popular investment asset.” Microstrategy to Buy More Bitcoin Microstrategy Inc. …
Satoshi’s Growing Fortune, JPMorgan Says Halving Priced in, Peter Brandt Raises BTC Price Target, and More — Week in Review
Bitcoin’s valuation surged past the $ 1 trillion mark, significantly increasing the net worth of its elusive creator, Satoshi Nakamoto, by nearly $ 9 billion in two months. JPMorgan Chase analysts have identified the Bitcoin halving event and an upcoming major Ethereum network upgrade as key drivers of cryptocurrency prices. Veteran trader Peter …
Study: Institutions More Bullish on Ethereum in H2 of 2023 — BTC and ETH Holdings Surge to 80%
Between July 2023 and January 2024, the concentration of bitcoin and ethereum in institutional digital asset portfolios increased from 50% to 80%, the latest Bybit user asset allocation report has shown. During this period, institutions appeared to be more bullish on ethereum than bitcoin, a sentiment that contrasted with that of retail investors. Stablecoins and […]
Blackrock Holds 110K BTC, Kiyosaki Expects $100K BTC Soon, AI Crypto Assets Skyrocket, and More — Week in Review
Blackrock has significantly expanded its presence in the digital currency space, accumulating nearly 110,000 bitcoins for its Ishares Bitcoin Trust (IBIT) ETF. Robert Kiyosaki predicts bitcoin will reach $ 100,000 by June this year. The AI cryptocurrency sector has seen a remarkable surge, with over $ 10 billion added to its market value …
Robert Kiyosaki Says If Bitcoin Crashes He Would Be Happy and Buy More
Rich Dad Poor Dad author Robert Kiyosaki has explained what he will do if the price of bitcoin crashes. The famous author has been recommending bitcoin alongside gold and silver for quite some time, and he recently increased his bitcoin holdings following the approval of U.S. spot bitcoin exchange-traded funds (ETFs). Robert Kiyosaki: ‘Sale’ Is […]
Robert Kiyosaki Predicts US Collapse, Peter Schiff Warns of BTC Massacre, Grayscale Study on BTC Halving, and More — Week in Review
Robert Kiyosaki predicted the downfall of the American empire, likening its fate to that of the Roman Empire, and advised investing in bitcoin, gold, and silver as a safeguard. Conversely, economist Peter Schiff described the recent bitcoin price surge as a “pump-and-dump” scheme. A Grayscale study on the upcoming Bitcoin halving in 2024 highlights a […]
Bitcoin to $240K, Monero Plummets, El Salvador Supports Bitcoin, and More — Week in Review
The “Wolf Of All Streets,” predicts that the upcoming Bitcoin halving could escalate its price. Monero faced a 32% market decline after Binance announced its delisting due to non-compliance issues. El Salvador reaffirmed its dedication to bitcoin amidst the International Monetary Fund’s calls to revoke the cryptocurrency as legal tender. In Brazil, the tax authority […]