Billionaire Investor’s Forecast Venture capitalist Chamath Palihapitiya predicts Bitcoin could reach a staggering $500,000 by October 2025. This bold forecast is based on the historical trend of Bitcoin’s price surges after its “halving” cycles. Halving Cycles and Price Appreciation Palihapitiya analyzed Bitcoin’s performance after its previous halving events (when the number of new Bitcoins created…
Peter Brandt, a seasoned trader, believes Bitcoin (BTC) could soar to $150,000 before the bull market concludes. Timeline of Bull Market Brandt analyzed historical data and found that the duration of bull cycles has been relatively consistent since 2012. According to his analysis, the current bull market will likely end in August or September 2025….
Thailand has dipped its toe into the Bitcoin waters with a new exchange-traded fund (ETF) that’s only available to the ultra-rich. Limited Access for the Privileged The Securities and Exchange Commission (SEC) has approved the ONE Bitcoin ETF Fund of Funds Unhedged, offered by One Asset Management (ONEAM). Unlike regular ETFs, this one is reserved…
Hash Ribbons Indicator Charles Edwards, CEO of Capriole, a Bitcoin hedge fund, has spotted a buy signal in the “Hash Ribbons” indicator. This signal has historically signaled good times to buy Bitcoin. The Hash Ribbons indicator looks at mining data to predict when Bitcoin is a good buy. It looks at the difference between the…
Interest Rate Cuts on the Horizon Probability of a 25-basis point cut has increased to 51.3%. Investors anticipate a cut by September. Interest rate cuts boost investor confidence in risk assets like Bitcoin. Spot Bitcoin ETFs Surge Weekly net inflows of $170.9 million last week. Net inflows of $105.1 million on June 3. These ETFs…
Green Light for Institutional Investors Thailand’s Securities and Exchange Commission (SEC) has given the go-ahead to One Asset Management (ONEAM) to launch the country’s first spot Bitcoin exchange-traded fund (ETF). This is a significant step for Thailand’s financial sector. However, this ETF is only available to wealthy and institutional investors, showing that regulators are still…
Floyd Mayweather, the undefeated boxing champion, is facing allegations of promoting a suspicious cryptocurrency token. Pump and Dump Suspicions Mayweather has been accused of promoting several unregistered cryptocurrency ventures without disclosing payments. Critics believe these promotions are “pump and dump” schemes, where celebrities artificially inflate prices before cashing out. Mayweather’s latest alleged offense involves the…
Biometric Payments on the Horizon JPMorgan Chase is reportedly gearing up to launch a biometric payment system that will allow shoppers to pay with their face or palm. The system is expected to roll out widely next year, according to American Banker. Pilot Programs Prove Successful The system has been tested in pilot programs with…
Trader Inmortal predicts a massive rally for Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and an Ethereum-based altcoin. API3: The Altcoin Poised for a Surge Inmortal highlights API3, a decentralized data oracle network, as the altcoin ready to “get sent.” He cites API3’s recent funding round and bullish technical indicators. Inmortal’s chart suggests that API3 could…
Background: City National Bank (CNB), known as the “bank to the stars,” is facing a lawsuit alleging it helped facilitate a Ponzi scheme that defrauded hundreds of investors. Allegations: The lawsuit accuses CNB of providing millions of dollars in loans to Zachary Horwitz, the mastermind behind the scheme. Horwitz allegedly used the money to fund…
