Peter Brandt Predicts New ATH for Bitcoin during BTC Halving 2024, Contrary to Arthur Hayes’ Forecast
Bitcoin dominance has signaled an inevitable reversal that could pave the way for the altcoin industry to shine led by Ethereum (ETH).
Bitcoin dominance has signaled an inevitable reversal that could pave the way for the altcoin industry to shine led by Ethereum (ETH).
GMX price seems to have seen some recovery, finding stability around the $39 mark.
Raoul Pal’s disclosure of his WIF ownership, coupled with the substantial surge in the token’s market value, has ignited fervent discussions and speculations among investors and market participants.
Arthur Hayes believes that USDT and USDe have risks, and both could ultimately fail. However, the failure could be linked to different reasons, given Ethena’s superior approach.
According to Hayes, in the new decentralized economy, mounting pressure on centralized stablecoin operations could give rise to decentralized alternatives that do not rely on the TradFi framework to operate.
Multiple crypto stocks jumped in premarket following Bitcoin’s continuous rise past the $51,000 mark as ETFs receive large inflows.
Optimism about Bitcoin price prospects is palpable among industry figures. Arthur Hayes has predicted a BTC climb to $70,000 by year-end, emphasizing his bullish stance on Bitcoin’s prospects.
Bitcoin has seen a lot of positive projections for 2024, partially because of the spot ETF approval.
Hayes emphasizes that “points” combine ICO and yield farming best features to raise funds and drive user growth during the current bull market.
Despite the recent growth, Solana’s weekly volume is behind Ethereum’s 7-day DEX volume, with $5.518 billion compared to Ethereum’s $7.971 billion.