The crypto analyst known as ‘The Crypto Dog’ has recently made a bold prediction regarding the future of Bitcoin. He anticipates significant rallies in the cryptocurrency’s price, suggesting that Bitcoin could rise just as quickly as it fell during its recent crash. This optimistic forecast comes after Bitcoin bounced back from its lows and managed
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After a prolonged legal battle, Ripple has been slapped with a $125 million fine by the US Securities and Exchange Commission (SEC) in a lawsuit that spanned four years. The District Court of the Southern District of New York, presided over by District Judge Analisa Torres, issued the final judgment, partially rejecting the SEC’s claim
In a bold move, the American investment management firm, VanEck, has announced an astonishing price target for Bitcoin (BTC) that has left many in the financial world stunned. The forecast suggests that BTC could potentially soar to an eye-watering $52.38 million by the year 2050, a figure that seems almost unfathomable when compared to other
Bitcoin has been the subject of much speculation in recent years, with experts like hedge fund manager James Lavish predicting that the flagship cryptocurrency could rise to an impressive $428,000. Lavish pointed out that for this ambitious price target to be achieved, Bitcoin would need to become 1% of the $900 trillion investment assets worldwide.
US Senator Cynthia Lummis (R-WY) recently introduced the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act” in the Senate with the aim of supercharging the US dollar and paying down the national debt through the establishment of a strategic Bitcoin reserve. The BITCOIN Act proposes the creation of a Strategic Bitcoin Reserve
The Elliot Wave theory has gained significant popularity among Bitcoin analysts as a tool for predicting the future price movements of the cryptocurrency. One pseudonymous crypto analyst, XForceGlobal, recently conducted an analysis using the 5-wave Elliot Wave theory to forecast the potential trajectory of the Bitcoin price. In the analysis posted on TradingView, XForceGlobal identified
Jonathan Mann, popularly known for creating a daily song for over sixteen years, along with conceptual artist Brian L. Frye, recently filed a lawsuit against the US Securities and Exchange Commission (SEC). The lawsuit revolves around the question of whether NFTs (Non-Fungible Tokens) representing digital art, like the ones created by Mann and Frye, should
Goldman Sachs CEO David Solomon recently expressed his views on Bitcoin, stating that it could “very well” serve as a store of value similar to gold. While Solomon acknowledged the potential of Bitcoin as a store of value, he maintained a cautious stance towards the flagship cryptocurrency, viewing it primarily as a speculative investment with
Scott Matherson, a well-known crypto writer at NewsBTC, has made a significant impact on the crypto industry with his insightful articles. His ability to break down complex topics in a clear and engaging manner has helped readers understand the intricate world of cryptocurrency. With experience in industries such as banking and investment, Scott brings a
The recent resurgence of the Bitcoin price has been a topic of discussion among investors and analysts alike. While the past week seemed relatively quiet for the premier cryptocurrency, on-chain insights suggest a potential shift in the market dynamics. Popular crypto pundit Ali Martinez recently pointed out a significant observation regarding Bitcoin miner capitulation. The