On-Chain Analyst Willy Woo Predicts $55K for Bitcoin as BTC Hits $23K
Bitcoin is poised to further growth, unlike the situation when it reached its previous all-time high in December 2017.
Everything you need for the flagship crypto: from price movements and halving cycles to institutional adoption, on‑chain metrics and market strategy around Bitcoin. Follow how Bitcoin’s narrative evolves, why it matters to global finance, and what shifts could impact its future role as digital gold.
Bitcoin is poised to further growth, unlike the situation when it reached its previous all-time high in December 2017.
Guggenheim CIO Scott Minerd says that the rampant money printing by the Federal Reserve coupled with Bitcoin scarcity makes a favorable case for the BTC. Thus he expects BTC to skyrocket to $400,000 wherein it will be close to the global gold market cap.
The Mining City community shares a common goal – to unite their strength and take advantage of mining cryptocurrencies.
One River Digital, a new institutional-focused investment firm, under the backing of tycoon and hedge fund manager Alan Howard is eyeing a $1 billion investment in cryptocurrencies by early next year.
According to a report, the price of XRP currently has three major resistance which are 2818 SAT, 3600 SAT, and 4200 SAT.
Bitcoin mining stocks shined bright soon after the BTC price crossed $20,000 levels on Wednesday. Bitcoin has surged over 20% in the last 24 hours and has moved past $23,500 levels hitting a new all-time high.
As for the Ethereum ecosystem, a lot has been taking place underground with the launching of phase 0 of ETH 2.0 that encompasses the Beacon Chain launch with notable investors on board.
Cryptocurrency companies in the United Kingdom could face temporary registration limits to continue their services.
Growing demand for BTC corresponds with evidence suggesting that it is no longer traded only by tech-savvy early adopters.
Bitcoin price has just hit $20,000 for the first time ever as investor popularity continues to surge for the world’s most highly-demanded cryptocurrency.
Bulls continue supporting Bitcoin at the time of descending corrections.
The survey revealed that investors are increasingly optimistic about Bitcoin. The top cryptocurrency was the third-most crowded trade at 15%, beating traditional heavyweights such as gold and bonds.
If Bitcoin starts trading at $50,000, its market cap will then rise to $928 billion which is about 10% of the market cap of gold.
The Sovryn platform is built using the Bitcoin-powered smart contract infrastructure RSK thereby making it suitable for DeFi applications and more secure than the Ethereum-blockchain network.
Binance has officially started shipping its Visa cards to the European Economic Area. The card is now officially supporting Ethereum.