Economist Peter Schiff warns that large-scale Bitcoin purchases could drive the dollar into hyperinflation, potentially causing a market collapse.
Political shifts and new leadership at major federal agencies by 2025 may open doors for pro-crypto policies and more supportive regulations.
Mt. Gox’s recent $2 billion Bitcoin transfer, following resumed wallet activity, adds to speculation around future creditor payouts.
The launch of Bitcoin L2 Labs is expected to catalyze growth in decentralized applications, making Stacks an even stronger player in Bitcoin-based technology.
The demand vs supply shock for Bitcoin is expected to significantly increase ahead and bolster the ongoing bullish breakout.
Following Donald Trump’s victory, the crypto market attention is now on the upcoming FOMC meeting, where the Federal Reserve is expected to announce a potential 0.25% rate cut potentially driving Bitcoin price to $100K.
Michael Saylor, founder and chairman of MicroStrategy, said: “We have a #Bitcoin President”.
Expert analysts believe that the present economic situation has left investors looking for better ways to protect their wealth.
Ki Young Ju confirms that the likelihood of BTC climbing 30-40% from its current levels is very high.
The entire crypto market surged over 6% in tandem with Bitcoin price as whale investors rushed to trade the election-induced volatility.
Bitcoin’s mining difficulty hit a new record of 101.65 trillion on November 5, reflecting heightened miner activity and a 40% increase in mining difficulty for 2024.
exSat Network introduces Bitcoin staking opportunities for users with the launch of a new cross-chain bridge.
The US spot Bitcoin ETFs registered a notable net cash outflow on Monday after recording more than $2.2 billion in cash inflows last week.
Deutsche Telekom and Bankhaus Metzler’s pilot project converts surplus renewable energy into Bitcoin mining, enhancing grid stability and financial innovation.
Bitcoin price is expected to significantly benefit in the long haul from the ongoing shift in monetary policies in major economies geared towards growth.