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Binance co-founder Changpeng «CZ» Zhao: Bitcoin price «should be much higher» $850k

News Crypto 12-12-2024 at 18:37 comment
At the Bitcoin MENA 2024 conference in Dubai, Binance co-founder Changpeng “CZ” Zhao shared his vision for the future of Bitcoin. Speaking on a panel discussion, he stated that the foremost cryptocurrency should be considered not as a separate asset, but as regular money.

How does Google’s Willow quantum chip threaten cryptocurrencies?

News Crypto 12-12-2024 at 17:34 comment
Remember that recent market correction? We broke down the reasons and analysts’ forecasts. Well, one of the triggers for the crypto crash was the hype around the capabilities of the new Willow chip by Google. How is this related to cryptocurrency? Directly. The latest quantum processor can perform calculations in 5 minutes that would take the…

Crypto slaughterhouse: what did the latest crash teach us, and what will happen to the market next?

Crypto Articles 12-12-2024 at 14:00 comment
Another crash in the cryptocurrency market has turned into a real crypto slaughterhouse: overnight, investors lost $1.7 billion, and 560,000 traders were affected by liquidations. Experts attribute this drop to a number of interesting factors, from Google’s breakthrough in quantum computing to political processes in the United States. Was it…

Bitwise: bitcoin will surpass gold in value by 2029

News Crypto 12-11-2024 at 18:40 comment
Cryptocurrency ETF issuer Bitwise predicts that the price of Bitcoin (BTC) could reach $200k by the end of 2025, and if the US adopts a strategy to create a strategic Bitcoin reserve, it could exceed $500k. Experts also believe that by 2029, Bitcoin could surpass gold in market capitalization, which currently stands at about $17 trillion. Read more…

Bitcoin received the status of «digital gold» from the US Treasury

News Crypto 12-09-2024 at 17:51 comment
The US Treasury Department has officially recognized bitcoin as “digital gold” in its latest report.

Is $100,000 just the beginning? How about a $13M per bitcoin

News Crypto 12-05-2024 at 17:23 comment
Despite constant criticism and doubts, Bitcoin indeed managed to break through the $100,000 mark by the end of 2024, as forecasted by analyst under the pseudonym PlanB. He also believes that BTC will reach $1 million in July-December 2025.

Rise of the dead: Forbes-«zombie» tokens revived and showed an average yield of 68%

News Crypto 12-05-2024 at 15:07 comment
In March 2024, Forbes identified 21 token-“zombies” with XRP at the forefront, referring to assets that were barely used in practice, except for speculative trading. However, the recent surge in the market value of these quasi-dead tokens forced the crypto community to recall this Forbes publication.

From MicroStrategy to Tesla: which companies hold the largest bitcoin reserves?

News Crypto 12-02-2024 at 18:12 comment
Bitcoin has become a powerful financial instrument for both private investors and large corporations. Some public companies are actively investing in this cryptocurrency, seeing it as a promising asset. For example, MicroStrategy made its fourth consecutive weekly purchase of 15,400 bitcoins, spending $1.5 billion. This brought the amount of…

Cryptocurrency bull market 2024: how not to fall victim to your own greed during «euphoria»

Crypto Articles 12-02-2024 at 12:00 comment
The cryptocurrency market finally entered a bull phase at the end of 2024. This offers many opportunities, but inexperienced users can easily get confused and fall victim to their lack of knowledge or greed. Therefore, investing in the middle of a «green» sea requires a competent approach. By following the rules of diversification, project…

$740,000 for bitcoin? Pantera Capital has made an impressive forecast

News Crypto 11-27-2024 at 17:17 comment
Recently, the bitcoin fund Pantera Capital marked an important milestone: its returns exceeded 1,000x, representing an incredible 131,165% net profit over the entire period of operation. In this regard, the founder of the fund, Dan Morehead, published a blockchain letter. The CEO of Pantera Capital believes that bitcoin is still far from its…

The crypto market is approaching the «euphoria» phase: what to expect?

News Crypto 11-20-2024 at 01:33 comment
The cryptocurrency market is on the verge of transitioning from the «enthusiasm» phase to the «euphoria» phase. This forecast analysts from Glassnode and Fasanara Digital made in their report on the state and prospects in the fourth quarter of 2024.

Polish Trump? Presidential candidate Sławomir Mentzen promises to create a national bitcoin reserve

News Crypto 11-18-2024 at 15:21 comment
Polish right-wing politician and presidential candidate Sławomir Mentzen from the far-right party «Confederation» (Konfederacja) has announced his intention to make Poland a world leader in the cryptocurrency sphere.

Bitcoin may reach $180,000 by 2025, — VanEck forecast

News Crypto 11-15-2024 at 17:36 comment
The price of bitcoin (BTC) may reach $180 thousand in the current growth cycle, which is likely to last until 2025. This opinion was expressed by Matthew Siegel, Head of Digital Asset Research at VanEck, in an interview with CNBC Squawk Box. He compared the current post-election rally in cryptocurrencies to the same period after the 2020 US…

Trump, Bitcoin, and the New Order: What Changes Are Ahead for Crypto Markets in 2025?

Crypto Articles 11-14-2024 at 10:00 comment
Despite the fact that the old man of bitcoin is steadily approaching the $90,000 mark and there is a significant excitement in the market, experts disagree on the impact of Donald Trump’s presidency on the cryptocurrency. Turned 180 degrees Donald Trump was elected President of the United States for the second time. But he cannot […]

Three reasons why bitcoin is actually growing (and Trump has nothing to do with it)

News Crypto 11-13-2024 at 17:54 comment
The growth of the bitcoin price over the past month is staggering. The cost of digital gold is already $92 thousand, and if nothing extraordinary happens on the market, BTC can easily cross the $100 thousand mark in November. However, this upward movement of bitcoin is not only due to Donald Trump’s victory in the US presidential election and…

Bitcoin hits $80,000

News Crypto 11-10-2024 at 15:59 comment
Today, bitcoin (BTC) has reached $80,000 on cryptocurrency exchanges. The rise in the value of the world’s largest cryptocurrency is attributed to Donald Trump’s victory in the United States.

US ghost town Detroit to accept cryptocurrency for tax payments

News Crypto 11-08-2024 at 14:28 comment
Starting in 2025, Detroit residents will be able to pay taxes and other city fees with cryptocurrency via the secure PayPal platform. Thus, the ghost town will become the largest US metropolis to accept cryptocurrency payments.

One million bitcoins may become part of the US national reserve

News Crypto 11-07-2024 at 19:03 comment
Donald Trump won the presidential election, and shortly afterwards, Senator Cynthia Loomis announced her support for the idea of creating a strategic reserve in bitcoin. Draft law «crypto queens» Capitol Hill BITCOIN from 2024 (Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act) proposes to purchase 1…

Bitcoin has updated its historical high amid Trump’s victory and now costs $76k

News Crypto 11-06-2024 at 23:07 comment
On the background Republican Donald Trump’s victory in the US presidential election bitcoin broke the record, reaching $76 thousand. And judging by the dynamics and active promotion of the cryptocurrency by the 47th American president, the value of BTC will continue to grow.

We found another «Satoshi Nakamoto» from London, who has already received the nickname «Faktoshi»

News Crypto 11-01-2024 at 19:13 comment
On October 31, another attempt was made in London to reveal the identity of the creator of the blockchain and the Bitcoin cryptocurrency. A man previously unknown to the public gathered many journalists to publicly prove his authorship and provide evidence that he — Satoshi Nakamoto — created the Genesis Block — the first block on the Bitcoin…

A prominent crypto entrepreneur explains how China crisis could affect the crypto market

News Crypto 10-29-2024 at 15:47 comment
Arthur Hayes, a well-known American entrepreneur, co-founder and former director of the BitMEX crypto exchange published a new essay titled «Forward, Bitcoin», in which he stated that «monetary chemotherapy» in the Chinese economy would boost the prices of bitcoin and other assets. Hayes noted that global economic crises and monetary stimulus…

Is the 2025 altseason under threat? Why 60% Bitcoin dominance is not a good thing

News Crypto 10-28-2024 at 13:04 comment
The price of bitcoin has surpassed $68,000, and everyone is talking about the approaching altcoin season. Because investors dream of uptober. But is BTC’s growth the first bell to ring for other cryptocurrencies to jump?

Microsoft to consider investing in Bitcoin on December 10

News Crypto 10-25-2024 at 15:05 comment
Microsoft plans to put to a shareholder vote the issue of a public assessment of the possibility of investing in bitcoin. This is stated in a proposal to the US Securities Exchange Commission (SEC) dated October 24, put forward by the National Center for Public Policy Research (NCPPR). The document emphasizes the strategy of MicroStrategy, which…

Found the wrong guy? Peter Todd is hiding because of an HBO documentary that called him the creator of bitcoin

News Crypto 10-24-2024 at 14:58 comment
Peter Todd, a 39-year-old Canadian software developer who played a key role in the early creation of bitcoin, was furious when he was named Satoshi Nakamoto in the documentary Money Electric: The Bitcoin Mystery directed by Cullen Hoback.

Uptober or Octobear: Are we waiting for a bull market this year?

Articles Crypto 10-10-2024 at 10:00 comment
October may be a crucial month for the cryptocurrency market. Historically, Bitcoin has shown growth during this period, which is why the month was even called Uptober. However, we should not forget that the crypto market has been and remains unstable. And October can turn into an Octobear — bearish month just overnight. Will we […]

JPMorgan named factors that could significantly change the crypto market in the coming months

News Crypto 10-08-2024 at 16:33 comment
A recent report by JPMorgan highlights several important points about the state of the cryptocurrency market and the factors that may affect it in the near future. Here are the main conclusions from the report:

HBO to reveal Satoshi Nakamoto’s identity in documentary Money Electric: The Bitcoin Mystery on October 9 (+trailer)

News Crypto 10-04-2024 at 15:05 comment
American television network HBO promises to show a «bomb» that could shake up the entire crypto world. Therefore, we should prepare for market fluctuations on the eve of and possibly after the premiere.

A prominent analyst predicted bitcoin to reach $1 million next year

News Crypto 09-25-2024 at 16:41 comment
A bitcoin analyst with the pseudonym PlanB has shared possible prices for digital gold in 2024-2027. His forecast is impressive: by the end of next year, BTC could jump to $1 million. But this must be preceded by a series of interesting events.

Bitcoin may collapse in September: experts explain the reasons

News Crypto 09-10-2024 at 18:33 comment
A 50 basis point (0.5%) interest rate cut by the US Federal Reserve (Fed) during its September 17-18 meeting could have negative consequences for the crypto market, according to 10X Research. According to the company’s analysts, this will potentially lead to increased market anxiety and cause a decline in the price of high-risk assets,…

Bitcoin has updated its all-time high — the price per coin has reached $69.2 thousand.

News Crypto 03-05-2024 at 18:12 comment
On Tuesday, the flagship cryptocurrency jumped in price again due to the high demand for bitcoin ETFs, updating its historical record to $69.2 thousand (in November 2021, the coin was valued at $68.9 thousand).

Bitcoin exceeded $65 thousand — the highest level since the end of 2021

Crypto News 03-04-2024 at 11:02 comment
The record level of $68,999 was set in November 2021.

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