In a recent report by the British multinational bank Standard Chartered, a bold prediction has emerged regarding the trajectory of Bitcoin’s value. The bank projects a staggering surge in Bitcoin’s worth, estimating it to reach an impressive $100,000 by the close of 2024. This forecast stands as a reaffirmation of
Despite recouping a significant portion of the losses sustained during the catastrophic market collapse of 2022, Bitcoin’s price has seen significant volatility this year. Compared to its value on January 1, 2023, the current price of Bitcoin is over $38,200, a rise of 130%. Some market watchers think BTC’s rise
In the midst of increased regulatory scrutiny within the cryptocurrency sector, Bitcoin (BTC) has displayed a spring, maintaining a consolidation level between $36,000 and $37,000. Recent market data reveals that Bitcoin reached a new yearly high of $38,307 on Friday, signaling its steadfastness in the face of ongoing challenges. CoinShares’
Bitcoin bulls are keeping a close watch on past developments that indicate December might be another positive month for the BTC price. Bitcoin’s price has been on an upward trend lately; it gained 28.5% in October and is anticipated to record a 7.18% surge by the end of November. According
Arthur Hayes, co-founder of BitMEX, has a positive outlook on Bitcoin. Hayes discussed his views on twitter recently. The co-founder used the moniker with a chart showing shifts in the net reverse repurchase agreement (RRP) and the Treasury general account balance (TGA). Getting my feet did and observing how Bad
Bitcoin, the dominant force in the cryptocurrency realm, has ignited fervent conversations within the community during this holiday season. Its recent climb to $38,544 marks a monumental high not witnessed since May 5, 2022, a staggering 18-month gap. The surge follows a turbulent two-day period that saw Bitcoin dip below
The Police Department of Mumbai, India said that on Thursday, the Mumbai International Airport (Chhatrapati Shivaji Maharaj International Airport) got a ‘threat’ message suggesting to blow up Terminal 2 of the airport. Furthermore, to prevent the explosion at Terminal 2, the sender of the email reportedly demanded $1 million in
The SEC, according to recent statements by Commissioner Hester Peirce, is no longer obligated to hold up the approving of ETFs for significant crypto entities. The crypto world has spent the whole year waiting for the U.S. SEC to greenlight spot ETFs. Ark Invest, managed by CEO Cathie Wood, has
Jim Cramer, a well-known TV personality and financial expert, is known for making bold market predictions. Whenever Jim Cramer makes a forecast on the future of cryptocurrencies or stocks, a phenomenon known as “Cramer’s curse” typically occurs, as per the community. Often the market begins moving in the opposite direction
Grayscale has filed a fresh prospectus for its ambitions to transform its Bitcoin Trust into a spot Bitcoin ETF after a meeting with the United States SEC. The prospective rebranding of GBTC’s ticker was disclosed in a fresh prospectus submitted on November 22. Grayscale’s updated filing contains revisions and adjustments
