🏎💨💨💨 Billionaire and investor Tim Draper has admitted that #BTC will be worth $250,000 by the end of the year
He believes the rally will be fueled by growing inflows into spot exchange-traded funds.
LIKE if you've already stocked up and are expecting a quarter million bucks worth of quotes under the Christmas tree this winter🚀
#Opinion
He believes the rally will be fueled by growing inflows into spot exchange-traded funds.
LIKE if you've already stocked up and are expecting a quarter million bucks worth of quotes under the Christmas tree this winter
#Opinion
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Ali Martinez believes that if the #ETH decline continues, it is worth keeping an eye on the critical support zone between $2,000 and $2,420, as around 9.37 million addresses have bought nearly 53 million ETH in this range
What do you think about Vitalik's project? Is it tied to Bitcoin like the rest of the crypto or can we expect independent behavior?
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#Opinion
🪙 Bitcoin investors may achieve optimal results within the first year of halving cycles:
2012: price at halving $12, price a year later $964
2016: price at halving $663, price a year later $2550
2020: price at halving $8740, price a year later $55801
2024: price at halving ~ $65000, price a year later❓
2012: price at halving $12, price a year later $964
2016: price at halving $663, price a year later $2550
2020: price at halving $8740, price a year later $55801
2024: price at halving ~ $65000, price a year later
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Considering the launch of BTC ETFs in the US post-approval, doubts arise that this event will lead to a repetition of the growth we observed previously. However, this is an important step in recognizing cryptocurrencies as a reliable investment tool by institutional investors. It should be noted that investors remember the restrictions on cryptocurrency trading in China, and this event may encourage large investment funds to offer cryptocurrencies to their clients.
However, other events should also be taken into account, such as the comments of the Federal Reserve regarding inflation in the US and their intentions to maintain the interest rate at a high level, which may restrain market participants from active purchases.
In light of these events, the ETH coin may seem more promising for investments since its price has not reached its historical high, unlike BTC, which, after updating its historical highs, paused its growth before the halving.
this is not a trading recommendation
#Analytics #News
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#Opinion
🔮 Analysts believe that based on historical data, the next peak of the bull market may occur 518-546 days after the recent BTC halving.
It will be time to stock up💰
It will be time to stock up
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#Opinion
👑 Renowned cryptographer Adam Back believes that one Bitcoin is ten times rarer than a kilogram of gold
According to him, although the value of #BTC is currently similar to that of gold, in this cycle, it should be reevaluated and settle at the level of 10 kilograms of gold per #BTC.
Like if you didn't know digital gold is as valuable as the real deal😰
According to him, although the value of #BTC is currently similar to that of gold, in this cycle, it should be reevaluated and settle at the level of 10 kilograms of gold per #BTC.
Like if you didn't know digital gold is as valuable as the real deal
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#Opinion
🪙 Tom Lee, the head of the research division at Fundstrat, is expecting #BTC to reach $150,000
The analyst believes that Bitcoin will reach this figure by the end of the year, with the nearest milestone around $100,000 being achieved by summer, despite dropping below $70,000.
This isn't the first time an analyst has mentioned this particular price point🤔
The analyst believes that Bitcoin will reach this figure by the end of the year, with the nearest milestone around $100,000 being achieved by summer, despite dropping below $70,000.
This isn't the first time an analyst has mentioned this particular price point
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Writer and entrepreneur Robert Kiyosaki has warned of the collapse of the dollar if BRICS countries launch their own cryptocurrency.
The writer recommended buying gold, silver, and #bitcoin to protect oneself from the impending disaster. And we'll remind you that the idea of creating an intergovernmental BRICS cryptocurrency emerged as early as 2019.
In March, it became known that countries are already ready to create a new payment system, so stock up on bitcoins, rubles, yuan, and rupees
And of course, #KICK
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#Opinion
📌 Joe Biden could lose the elections due to his dismissive attitude towards cryptocurrency
That's the opinion of #Uniswap's founder, Hayden Adams. According to him, the "war" on the cryptocurrency industry is a serious misstep by the #Biden team, which could cost him the victory.
Billionaire Mark Cuban also noted that in the event of the Democratic candidate's defeat, the community would have a chance to settle scores with the SEC👊
That's the opinion of #Uniswap's founder, Hayden Adams. According to him, the "war" on the cryptocurrency industry is a serious misstep by the #Biden team, which could cost him the victory.
Billionaire Mark Cuban also noted that in the event of the Democratic candidate's defeat, the community would have a chance to settle scores with the SEC
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#Opinion KickEX:
It's a typical situation where large market participants eliminate competitors by absorbing groups of smaller participants.
Bitcoin's blockchain is a flexible and well-thought-out self-regulating system where rewards are redistributed among all participants. Considering that the reward for mined blocks decreased after the halving, many small miners find it difficult to continue their activities at the new reward level.
Large miners have a large reserve of resources to comfortably navigate this stage. However, small miners are forced to sell their #BTC to cover expenses, but often this is not enough.
Hence, pressure on the BTC price arises.
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