Bitcoin (BTC) recently brushed the $ 99,800 mark, making it tantalizingly close to the elusive $ 100,000 milestone. This achievement sparks reflection on past trends and the cryptocurrency’s potential trajectory in the months and years ahead. Breaking Barriers or Cooling Down? Bitcoin’s $ 100K Struggle Back in 2017, bitcoin (BTC) approached $ …
Bitwise’s Matt Hougan predicts $ 500,000 as bitcoin’s maturity threshold, with $ 1 million “absolutely” possible as BTC rises to compete with gold. Bitwise’s $ 500K Target for Bitcoin — Why $ 1M ‘Absolutely’ Could Follow Matt Hougan, chief investment officer at Bitwise Asset Management, shared his perspective on bitcoin‘s trajectory …
Bitcoin is on the cusp of $ 100,000, driven by Trump’s pro-crypto agenda, which Devere CEO Nigel Green says could catalyze record-breaking growth and mainstream adoption for the digital asset. BTC on the Edge of $ 100K — A New Record-Breaking Chapter Begins Bitcoin is poised to reach $ 100,000 following President-elect …
The year-to-date inflows for digital assets hit a new high of $ 29.2 billion with inflows of $ 2.2 billion last week. This was according to Coinshares’ latest digital assets inflow report by head of research, James Butterfill. Coinshares: Record Numbers for Digital Asset Inflows With $ 2.2 billion in inflows, bitcoin …
BRICS granted 13 nations “partner” status, signaling ambitions for wider influence as nations aim to strengthen currency networks and reduce dependence on the U.S. dollar. An Uncharted Path: BRICS Welcomes Partner Countries in Strategic Move Indian Foreign Ministry spokesperson Randhir Jaiswal has confirmed that, following the recent BRICS summit in Kazan, thirteen countries were granted […]
Before bitcoin’s fourth halving, the crypto asset soared to a peak of $ 73,794 on March 14, as recorded on Bitstamp. During the period from March 10 to April 10, bitcoin’s hashprice—representing the estimated daily earnings for 1 petahash per second (PH/s)—fluctuated between $ 105 and $ 125 per PH/s. Fast forward …
Venmo’s 60 million users can now fund transactions on the Moonpay platform, thanks to a new integration announced by Paypal. U.S. users can use Venmo balances, linked bank accounts, or cards to buy and sell cryptocurrencies through Moonpay, expanding payment flexibility. However, this option is unavailable in New York and Texas, continuing Paypal’s push into […]
The U.S. share of the global economy has fallen below 15% during President Joe Biden’s term, according to Sputnik’s analysis of World Bank and International Monetary Fund (IMF) data. Once peaking at over 21% in 1999, the U.S. has seen a steady decline, with China now commanding a larger share at 18.76%. This downward trend […]
Peter Brandt, a well-known trader and chartist, has warned bitcoin investors about troubling market patterns. He highlighted that BTC has gone 30 weeks without a new all-time high, historically leading to severe declines of up to 75%. While Brandt remains optimistic, forecasting a bitcoin price of $ 135,000 by late 2025, he cautions that …
Coinshares, through its lead research analyst James Butterfill, has reported a third consecutive week of inflows into digital asset investment products. Total inflows amounted to $ 1.2 billion, reflecting a reaction to continued expectations of dovish U.S. monetary policy. Bitcoin Drives $ 1 Billion in Crypto Inflows, According to Coinshares According to Coinshares’ …
Hamster Kombat, the sensation game on Telegram, is on the verge of embarking on one of the largest token distributions in history. The Hamster Kombat team disclosed that the airdrop will reach 131 million users. However, players have criticized the allocation of these tokens, with many stating that their efforts were not rewarded accordingly. Hamster […]
Riot Platforms and Bitfarms have resolved their dispute following a settlement agreement detailed in a joint announcement on Sept. 23, 2024. The agreement, which was filed with the U.S. Securities and Exchange Commission (SEC), comes ahead of Bitfarms’ special shareholder meeting on Nov. 6, 2024. Riot Withdraws Bid to Restructure Bitfarms’ Board in Settlement Deal […]
The recent surge in gold prices to record highs has made analysts consider that the precious metal could register even higher levels during this and the next year. Some are even predicting that prices might reach the $ 3,000 mark, driven by even stronger central bank demand and incoming rate cuts. Gold Bulls Rejoice …
Adam Hamilton, the founder of Zeal Intelligence, a financial consulting company, predicts that gold prices will rise as American investors turn to gold, fleeing from traditional stocks and the burst of the artificial intelligence (AI) bubble. Hamilton explained that gold experienced this price upswing without this main demand factor, stressing that it was a very […]
Michael Saylor, Executive Chairman at Microstrategy and known bitcoin proponent, gave his personal prediction about the long-term price of the cryptocurrency. On CNBC’s Squawk Box, Saylor stated that BTC would reach $ 13 million in 21 years and explained that, at some point in the future, bitcoin would trade at S&P 500 volumes plus …