In a recent blog post celebrating his 50th anniversary in future markets trading, Peter Brandt shared his perspective on Bitcoin, describing it as a “once-in-a-lifetime trade, never to be equaled.” Brandt, a veteran analyst and market expert, has predicted that Bitcoin has the potential to reach a six-figure digit value by 2025. He emphasized that
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The recent decline in the price of Bitcoin has raised concerns among investors as the world’s largest digital asset broke below the $60,000 support level for the first time in two months. This marks a significant shift in the market sentiment, which had been largely euphoric since the beginning of the year, especially after the
Bitcoin (BTC) prices have taken a sharp nosedive, dropping to $56,556 on a Wednesday morning in Europe, marking the lowest point since late February. This significant downturn, with BTC tumbling approximately 7.5% in the last 24 hours, has breached the previously stable $60,000 support. Anticipation is high in financial circles as the Federal Open Market
Bitcoin is known for its volatility and its ability to reach new all-time highs, but what factors play a crucial role in determining its future trajectory? Crypto analyst Ali Martinez has provided key insights into the significance of the $59,800 price level for Bitcoin and the potential outcomes associated with it. According to Martinez, the
As of April 29, 2024, major cryptocurrencies are facing a bearish trend due to concerns about the US economy slipping into “stagflation.” This economic situation typically has a bearish impact on risk assets, leading investors to explore opportunities in altcoin markets. Bitcoin, the leading cryptocurrency, recently hit 10-day lows under $62,000 and remains in a
The recent movement in Bitcoin’s price after the halving event has left many investors uncertain. Despite a brief surge, the crypto failed to maintain a price above $65,000. As of now, Bitcoin is trading at $62,105, showing a 2.96% decrease in the past 24 hours and a 6.14% decrease over the last seven days. A
ELONWIF, a token that combines Elon Musk virality with the popularity of Solana meme coins, has recently seen exponential growth in its price. The token is currently trading at $0.061, representing a 24-hour change of +27,893%. This surge in price came after a sudden influx of over $345k in trading volume, propelling ELONWIF to new
The recent launch of SPACEX, a new token from a dedicated Elon Musk enthusiast and developer, has sparked excitement among meme coin enthusiasts. With the price of SPACEX skyrocketing to $138, representing a 24-hour change of +78,940%, many investors are eyeing the potential for massive gains. However, behind the hype lies a story of caution
Ethena, a stablecoin with a market cap of over $2.3 billion, burst onto the scene in late February and has quickly risen to become one of the fastest-growing stablecoins in history. One of its main attractions is its ability to generate yield for holders, a feature that sets it apart from leading stablecoins that keep
Japan’s ruling party, the Liberal Democratic Party, is making a strong push for immediate crypto tax reforms. Recently, the party’s web3 project team unveiled a “White Paper” highlighting the need for separate taxation on profits and losses from cryptoasset transactions. This move comes after the government’s announcement to allow venture capital firms to invest in