Tom Lee, head of research at Fundstrat, is predicting a huge price surge for Bitcoin (BTC). He believes a price exceeding $250,000 within the next year is not only possible, but highly probable. Reasons for the Prediction Lee cites two main reasons for his bullish outlook: Technical Analysis: He sees the current Bitcoin price trajectory…
Bitcoin had a bumpy end to November, briefly dipping to around $90,800. But it quickly bounced back, gaining nearly 6% and trading above $96,000. One analyst, Ali Martinez, predicts a bullish December, with Bitcoin potentially reaching $140,000. A Bullish December? Martinez believes Bitcoin will continue its upward trend into December. Bitcoin’s performance has been strong…
Bitcoin’s price recently dipped below $97,000, a 1.83% drop in a week. Despite this, many still feel bullish because of the 61% price increase since early October. However, some recent trends might suggest otherwise. The Growing Gap Between Market Price and Realized Price A crypto analyst, Grizzly, pointed out a significant gap between Bitcoin’s market…
Bitcoin’s recent price surge has analysts buzzing. After hitting almost $98,000, one prominent analyst believes Bitcoin has officially entered a super-charged phase of growth. Entering the Parabolic Phase Rekt Capital, a well-known crypto analyst with a huge following, declared that Bitcoin has entered its “Parabolic Upside phase.” He showed charts comparing the current bull run…
Charles Hoskinson, founder of Cardano, has issued a serious warning about a coordinated global attack on the cryptocurrency industry – dubbed “Operation Chokepoint 2.0.” He believes it will take years to repair the damage. A Coordinated Global Attack Hoskinson describes Operation Chokepoint 2.0 as a systematic campaign targeting crypto businesses worldwide. He’s frustrated that many…
Bitcoin recently had a crazy run, hitting record highs almost daily for weeks, before settling just below $100,000. While things have calmed down a bit, experts think this is just a temporary pause before another price surge. Record Profits Signal Strong Demand Analyst Axel Adler revealed some interesting data: Bitcoin saw record realized profits this…
Ethereum exchange-traded funds (ETFs) in the US are having a moment. After a bit of a slump, they’ve seen a huge surge in investor interest. A Record-Breaking Week for Ethereum ETFs Last Friday, November 29th, US-based spot Ethereum ETFs raked in a whopping $333 million – a single-day record! This beats their previous record of…
MicroStrategy is making headlines with its massive Bitcoin buying spree, and it’s got everyone talking. Anthony Pompliano, CEO of Professional Capital Management, breaks down why this strategy is both brilliant and potentially disastrous. MicroStrategy’s Bitcoin Buying Spree MicroStrategy is using a clever financial trick to fuel its Bitcoin addiction: convertible debt. Basically, they’re selling shares…
Ethereum’s price has been on a tear lately, topping $3,500 for the first time since July 2024. But is this party about to end? A Record High, But Is It Good News? One key indicator, Ethereum’s open interest (the total value of outstanding futures contracts), just hit a record $17 billion. Usually, a surge in…
A lucky crypto trader just made a killing on a new Solana-based memecoin. According to blockchain tracker Lookonchain, this person turned a measly $160 investment into a whopping $6.14 million in just 12 days! That’s a return of 38,399x. How it Happened The trader bought 12.5 million CHILLGUY tokens for 0.75 SOL (around $160) on…
