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Wall Street Firm Bernstein Predicts Bitcoin Price Could Reach $1 Million by 2033

June 15, 2024 by Arnold Potts

Major Wall Street firm Bernstein has made a bold prediction for the long-term price of Bitcoin, forecasting that the cryptocurrency could reach $1 million by the year 2033. This optimistic outlook was revealed in a recent report by Bernstein analysts, who have …

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Tags Bitcoin

Bitcoin Price Analysis: Markets Brace for US Inflation Data as BTC Fails to Hold $70,000 Upside

June 15, 2024 by Arnold Potts

Bitcoin (BTC) experienced a retracement of the prior day’s gains on June 13th as markets awaited the release of the next round of United States inflation data. The BTC/USD 1-hour chart showed a reversal in BTC price trajectory after briefly touching $70,000, …

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Tags Bitcoin

MicroStrategy Poised to Become the World’s Largest Bitcoin Business, Says Bernstein

June 14, 2024 by Arnold Potts

MicroStrategy, led by CEO Michael Saylor, is on track to become the world’s largest Bitcoin business, according to a report by prominent wealth management firm Bernstein. The firm predicts that MicroStrategy could see an impressive 80% increase in value as a result …

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Tags Bitcoin, Cryptocurrency

Taiwan Cryptocurrency Companies Join Association to Develop Self-Regulatory Standards

June 14, 2024 by Arnold Potts

A new era of self-regulation is dawning in Taiwan’s digital asset industry as a group of 24 cryptocurrency companies have come together to form the Taiwan Virtual Asset Service Provider (VASP) Association. This move comes in response to the growing need for …

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Tags Cryptocurrency

A Beginner’s Guide to Dollar Cost Averaging in Crypto: What You Need to Know

June 14, 2024 by Arnold Potts

Dollar Cost Averaging (DCA) is a popular investment strategy in the world of cryptocurrency trading, especially for those who are looking to minimize risk and steadily grow their portfolio. But what exactly is DCA and how does it work in the crypto …

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Tags Cryptocurrency

Merlin Chain Revolutionizes Bitcoin Holding with Staking Rewards and DeFi Opportunities

June 13, 2024 by Arnold Potts

Merlin Chain, a Layer 2 blockchain platform, has recently introduced a new feature that allows Bitcoin (BTC) holders to earn staking rewards and access various Decentralized Finance (DeFi) opportunities. This move aims to address the issue of Bitcoin users missing out on …

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Tags Bitcoin, Cryptocurrency

Can Solana’s BONK Delete a Zero in June 2024?

June 13, 2024 by Arnold Potts

The cryptocurrency market has been witnessing a surge in dog-themed cryptocurrencies over the past few years, with the success of Shiba Inu paving the way for other canine-themed assets to emerge. One such asset that has recently gained attention is BONK, a …

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Tags Cryptocurrency, Solana

Bitcoin Price Drops Over 8% in Four Days: How Low Can It Go?

June 13, 2024 by Arnold Potts

Bitcoin (BTC) has experienced a significant decline in price over the last four days, dropping by more than 8% after reaching a high of $72,000 at the end of last week. Data from Cointelegraph Markets Pro and Coinbase shows that the BTC …

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Tags Bitcoin

US Spot Bitcoin ETFs Experience Outflows After 19 Days of Cash Inflows: Market Analysis and Price Impact

June 12, 2024 by Arnold Potts

US Spot Bitcoin ETFs See Outflows after 19 Consecutive Days of Cash Inflows In the midst of anticipation for high-impact news regarding US inflation and interest rates, the cryptocurrency market experienced a shift as Bitcoin (BTC) and altcoin traders sought refuge in …

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Tags Bitcoin

PancakeSwap Enhances User Experience with Gas-Free Transactions Through Zyfi Integration

June 12, 2024 by Arnold Potts

PancakeSwap, a popular decentralized exchange (DEX), has recently made a significant enhancement to its user experience by introducing gas-free transactions through its integration with Zyfi on zkSync Era. This integration allows users to benefit from gasless transactions on certain token pairs, with …

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Tags Cryptocurrency
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