Many experts in the financial world have differing opinions about the future price and valuation of Bitcoin. One of the more optimistic predictions comes from Skybridge Capital CEO Anthony Scaramucci, who firmly believes that Bitcoin is heading towards a much higher valuation than its current price. Scaramucci predicts that the Bitcoin market cap will eventually
Bitcoin
Bitcoin has been on a rollercoaster ride in terms of price action, with the recent surge bringing the cryptocurrency to new heights. Michael Van De Poppe, a well-known analyst and trader, has made a bold prediction regarding Bitcoin’s future price movement. He believes that BTC could reach the $300,000 mark during this bull cycle, based
The recent approval of Bitcoin exchange-traded funds (ETFs) by the SEC has left a significant impact on the financial world. Initial concerns about fading demand have quickly been disproven as Bitcoin ETFs continue to shatter trading volume records. Three consecutive sessions of net inflows into these investment vehicles have highlighted the sustained interest from investors
Bitcoin started off the year 2024 on a high note, soaring by a remarkable 73% in the first quarter and hitting a new all-time high price of $73,750. Despite a subsequent dip in value due to volatile price movements, the biggest stakeholders in the Bitcoin market have been consistently accumulating the cryptocurrency over the course
Recently, short-term Bitcoin holders have been actively accumulating over 1.2 million BTC since December 2023, according to Glassnode. This surge in accumulation has caught the attention of many investors, especially considering the launch of Spot Bitcoin ETFs in the US. While the majority of Bitcoin accumulation has historically been attributed to long-term holders and whales,
Cryptocurrency analyst PlanB has made a bold prediction that Bitcoin will reach $100,000 by the end of this year. Despite the current bearish sentiments surrounding the flagship cryptocurrency, PlanB remains confident in his analysis. In a recent video on his YouTube channel, he stated that he believes Bitcoin hitting $100,000 is “inevitable.” Not only that,
The recent decline in Bitcoin’s price, dropping below $67,000, has sparked concern among investors. However, crypto analyst Michael van de Poppe sees this as a perfect opportunity for the crypto community to buy more Bitcoin. He believes that the current dip presents a chance to acquire BTC at a lower price, which could be beneficial
Recent on-chain data reveals that Tether, the world’s largest stablecoin issuer, has added a substantial amount of Bitcoin to its holdings. The purchase of 8,888 Bitcoin on March 31 has raised Tether’s total BTC holdings to almost 75,400. This move has positioned Tether as one of the biggest Bitcoin holders in the market, surpassing even
The focus in the cryptocurrency market has primarily been on Bitcoin, especially with the upcoming Bitcoin Halving. Market analysts are predicting further upside moves for the flagship crypto token. However, crypto analyst Jason Pizzino has recently presented a compelling case for altcoins like Ethereum (ETH) and Solana (SOL) and why investors should pay attention to
The recent flash crash in Bitcoin’s price has sent shockwaves throughout the cryptocurrency market, with the price dropping below $69,000 in a matter of moments. This sudden drop has resulted in massive losses for thousands of crypto traders who were caught in leveraged positions. According to data from Coinglass, more than 81,400 traders were liquidated