In an analysis released Thursday, leading global investment firm AllianceBernstein with assets under management worth $725 billion significantly elevated its price target for Bitcoin, predicting the premier cryptocurrency will reach $1 million by 2033. This bullish outlook is underscored by a new wave of adoption via US spot Bitcoin exchange-traded funds (ETFs) managed by heavyweight […]
Major Wall Street firm Bernstein has made a bullish long-term prediction for Bitcoin’s price, saying it could reach $1 million by 2033. JUST IN: $779 billion Bernstein says #Bitcoin will likely hit $1 million. Predicts $200,000 price by 2025 🚀 pic.twitter.com/zBp3o09OoL — Bitcoin Magazine (@BitcoinMagazine) June 14, 2024 In a new report initiating coverage of […]
TL;DR Ethereum Demand Increase: Long-term holders have accumulated $1.34 billion in ETH, with a single-day purchase of 298,000 Ether tokens on June 12, indicating strong confidence despite recent price drops. Ether Price Stability: Despite an 8.49% drop over the past week, Ether has maintained a level above $3,400, with current trading around $3,500, a historically […]
TL;DR MicroStrategy receives a positive evaluation from Bernstein with optimistic projections about Bitcoin’s price, predicting it could reach $1 million by 2033 and a cycle high of $200,000 by 2025. MicroStrategy becomes the top corporate owner of Bitcoin, holding 1.1% of the global supply, valued at approximately $14.5 billion. Bernstein assigns MicroStrategy a “outperform” rating […]
Notcoin (NOT) skyrockets past Shiba Inu (SHIB) in dramatic shakeup of cryptocurrency rankings
A board member of the Bitcoin Voter Project described the group as nonpartisan and planned to take a different approach than initiatives like Stand With Crypto.
UwU Lend (@UwU_Lend) has been hit by another attack, losing 1,064 ETH (approximately $3.7 million) just a few hours ago. This follows a series of three attacks two days ago, during which the platform lost a total of 4,907 ETH (around $17.1 million). In total, UwU Lend has suffered losses amounting to 5,971 ETH (approximately […]
Fidelity Investments’ global macro director Jurrien Timmer says that for Bitcoin (BTC) to hit fresh all-time highs (ATHs) one key event must occur. Timmer tells his 186,600 followers on the social media platform X that Bitcoin adoption may need to increase before the crypto king can print new ATHs. “The growth of Bitcoin’s network has […]
A widely followed trader and analyst is updating his outlook on a medium-cap crypto asset that has skyrocketed by quadruple-digit percentage points since January. The trader pseudonymously known as Altcoin Sherpa tells his 217,100 followers on the social media platform X that the utility token of Ondo Finance (ONDO), a crypto project focused on the […]
U.S. presidential candidate and former 45th President Donald Trump has been proposing the idea of eliminating the country’s income tax and substituting it with tariffs. Trump Discusses Tariff-Based Revenue System With Republican Lawmakers On June 13, Donald Trump met with Republican lawmakers in Washington and reportedly discussed abolishing income tax. According to sources from several […]
Miners are selling their bitcoin again as the cryptocurrency struggles to hold on to $70,000. Published Thu, Jun 13 202412:41 PM EDT Updated …
Polkadot (DOT), the self-proclaimed “King of Interoperability” and once a darling of 2021’s bull run, is currently trading around $6.42, a far cry from its November 2021 peak of nearly $60. A flicker of optimism about DOT remains despite the general bearish outlook, as technical analysis points to a potential price turnaround in the horizon. […]
Ethereum has continued to face challenges staying above the $4,000 mark, mirroring the lack of momentum in the broader market. While the investors await for a rally, data suggest a surge in demand for the world’s largest altcoin. Permanent Ethereum Holders Bought Big According to CryptoQuant head of research Julio Moreno’s recent findings, Ethereum’s demand […]
MicroStrategy, led by CEO Michael Saylor, has increased the size of its planned stock sale to raise additional funds to purchase Bitcoin. The company is now seeking to raise $700 million, up from the previously announced $500 million. BREAKING: MicroStrategy increased its raise to $700 million to buy more #Bitcoin pic.twitter.com/B2I2uk98Ie — Bitcoin Magazine (@BitcoinMagazine) […]
The new NiceHash firmware will combine the advantages of two products.
Peter Schiff has slammed Michael Saylor over his aggressive leveraged Bitcoin buying
TL;DR Michael Saylor presents “21 Rules of HODLing Bitcoin” at the BTC Prague conference. Luke Broyles expands and complements Saylor’s rules with his own insights into Bitcoin. Both highlight the importance of strategic investment, respect for Bitcoin, and positive promotion of the cryptocurrency. At the recent BTC Prague conference, Michael Saylor, CEO of MicroStrategy, captured […]
TL;DR NiceHash and Marathon Digital Holdings collaborate to launch a custom firmware designed to optimize Bitcoin ASIC miners. The firmware includes features such as auto-tuning, customizable cooling profiles, and thermal protection, promising to enhance ASIC device efficiency. Available through platforms like ASIC Manager and Foreman, the firmware offers a fee of 2%, reduced to 1.4% […]
Blockchain technology is poised to reshape the financial world, and Ripple is at the forefront of this transformation, with its XRP Ledger pushing the boundaries of what’s possible. Amid the vibrant energy of the XRP Ledger Apex 2024, an exclusive interview with Markus Infanger, VP of Product at Ripple, shed light on the company’s pioneering […]
Cryptocurrency analyst and trader Ali Martinez is expressing bullish sentiment on one smart contract-enabled blockchain while updating his outlook on Bitcoin (BTC) and Lido DAO (LDO). Martinez tells his 63,900 followers on the social media platform X that the Tom DeMark (TD) Sequential indicator is flashing an opportunity for a long entry on the four-hour […]
A widely followed crypto analyst believes Bitcoin (BTC) remains in a historic consolidation phase and predicts a massive breakout within months. Pseudonymous crypto trader Rekt Capital tells his 476,600 followers on the social media platform X that Bitcoin’s consolidation phase could last another three months based on historic precedent. “Bitcoin has been consolidating inside this […]
The price of $CRV plummeted by up to 34% within three hours following the news that Curve Finance founder Michael Egorov had been liquidated. On-chain data reveals several critical points about the situation. The $CRV price dropped up to 34% (3H) after the news of the #Curvefi founder (Michale Egorov) being liquidated broke out! Here […]
Thailand's SEC has taken action against cryptocurrency exchange Zipmex, revoking its operating licenses after months of regulatory scrutiny.
Despite the dominant bearish trend in the market, the well-known meme-based cryptocurrency Dogecoin (DOGE) is making an effort to recover. This unanticipated upward trend occurs even though sentiment and general market conditions are still primarily negative. Traders and investors are keeping a careful eye on the situation as DOGE attempts to make up some lost […]
The meme coin market is in a tailspin, with prices crashing across the board. However, one project is bucking the trend. PlayDoge (PLAY), the nostalgic gaming token, has now raised over $4.2 million in its ongoing presale as retail investors pile in. Meme Coin Mania Cools as Market Turns Red It’s been a gloomy week […]
As Bitcoin is increasingly integrated into the economy, investors are recognizing the importance of scalability. Bitcoin investors are particularly interested in the potential of this digital asset to transform not only retail establishments and personal finances but also the goings-on of large institutions. From the financial to technology sector, Bitcoin is a novel domain that […]
Greenpeace alleges that Wall Street titans such as BlackRock and Vanguard contribute to the environmental harm coming from Bitcoin mining.
Pav Hundal and Ted Coaldrake from Swyftx sat down for their Tapping Into Crypto podcast to discuss the current state of the market. Bitcoin has fallen 5% over the past week, with volatility due to changing cash rates and increased liquidity a potential catalyst. Altcoins have had a mediocre 2024 to date, with all but […]
GPU-as-a-service provider, Aethir, is leveraging the Ethereum network to offer its product to a variety of potential users. The company plans to aid artificial intelligence developers by allowing them to use idle GPU resources from participants. This is a form of decentralised physical infrastructure (DePIN), which is playing a major role in blockchain’s evolution into […]
TL;DR The cryptocurrency market has seen significant volatility, with major assets experiencing price drops, but one Solana-based meme coin surged by 10% daily. Its rally is likely linked to Coinbase’s decision to allow certain trading services with it. Flashing Green Amid the Overall Correction The cryptocurrency market experienced a severe decline in the past few […]
Bitcoin (BTC) eyes rebirth on new US economic data release
The world’s largest corporate Bitcoin (BTC) owner wants to raise funds to further bolster its crypto holdings. In a new statement, Microstrategy says it is planning to offer $500 million worth of convertible senior notes in a private offering. Convertible senior notes are a type of bond that allows investors to hold until maturity or […]