Dan Morehead, Pantera Capital Founder and CEO, is highly convinced that Bitcoin price will peak in August 2021 after reaching $533,431 in the anticipated post-halving bull rally.
Bitcoin price managed to move over $9000 as United States Treasury Department aims to borrow a record-high $2.99 trillion in net marketable debt in the second fiscal quarter of 2020.
Bitcoin (BTC) is trading below $9,000 at around $8,800 as the halving is getting closer with a high level of price uncertainty. According to Morgan Creek Digital co-founder Jason A. Williams, BTC price will hit $10K before the halving.
Bitcoin halving is expected to happen in 7 days and analysts have very different opinions on possible BTC price movements after the event. It said that the price may drop.
The next Bitcoin halving is expected to happen in a little bit more than a week. Meanwhile, the BTC hash rate hit a new record moving above 140 EH/s.
Andreessen Horowitz closed its second fund with $515 million in capital commitments. The company’s second crypto fund shows that the venture capital firm is targeting specific areas to invest in the cryptocurrency space.
Traditional lotteries proved to have some serious problems. Using a proprietary developed blockchain, BitWin24 offers an innovative alternative to all existing lottery systems on the market.
The cryptocurrency market has regained over 100% from the March 12 flash crash leaving the stock markets far behind after they gained 36%. The majority of coins are in the green now.
On Thursday, April 30th, the leading cryptocurrency is growing quite well, trading at $8900.00. During April 2020, the BTC/USD rate has grown by 32%.
Bitcoin price surged 16% and crossed $9,200 by now. Market factors include the beginning of the removal of quarantine in the EU and the most powerful emission of the Central Bank of the EU and the Fed.
Cryptocurrencies keep growing steadily, breaking away level after level. The growth of the Bitcoin is almost too aggressive, however, it remains inside a descending channel, and a test of its upper border may provoke a bounce, followed by another declining wave.
The crypto market is in the green today. Bitcoin has gained over 11% within the last 24 hours, while Ethereum is 10% up.
With the Bitcoin halving event less than 13 days away, the BTC price rally continues. The coin has hit $8,000 with the bulls setting new higher highs striving to break strong resistances.
TON OS that is expected to launch in the nearest future will not serve as an alternative to the existing operating systems. Instead, it will be an add-in for devices to support apps based on blockchain.
An improved Stock-to-Flow model for Bitcoin is predicting a very bullish future for the king coin within a few years. BTC is expected to reach $288K by 2024.