Bitcoin

In an analysis released Thursday, leading global investment firm AllianceBernstein with assets under management worth $725 billion significantly elevated its price target for Bitcoin, predicting the premier cryptocurrency will reach $1 million by 2033. This bullish outlook is underscored by a new wave of adoption via US spot Bitcoin exchange-traded funds (ETFs) managed by heavyweight asset managers including BlackRock, Fidelity, and Franklin Templeton. Bitcoin’s Path To $1 Million In 2033 Analysts Gautam Chhugani and Mahika Sapra from Bernstein outline a…

Bitcoin has again been rejected from its all time high and is now consolidating near $67,000. After a small correction, Dogecoin and PEPE are also in the consolidation mode. Amid the market correction, DTX Exchange is roaring higher and higher, reaching a presale of $700,000 in just a few days. According to crypto gurus, DTX Exchange is set to outshine Dogecoin and PEPE in 2024. Does Elon Musk Hold 20% of Dogecoin Supply? During a discussion on the social media platform…

In the latest installment of the GoCrypto interview series, Mike Ermolaev sits down with Vugar Usi Zade, the COO of Bitget, a leading global cryptocurrency exchange. Mike, known for his insightful interviews with notable figures in the cryptocurrency world and beyond, explores Vugar's extensive experience and its impact on Bitget’s growth and innovation. This series, powered by GoMining, delves into the dynamic world of cryptocurrencies and blockchain technology.  Vugar's background with multinationals like SONY, Facebook, Danone, and Carlsberg provides a…

Bernstein brokerage firm has initiated stock coverage for MicroStrategy’s MSTR, highlighting an outperform rating.   The firm’s analysts have also demonstrated optimism in the Bitcoin price, increasing their target by 30% by the end of 2025. Bernstein Initiates MicroStrategy Stock Coverage Research and brokerage firm Bernstein has initiated stock coverage for MicroStrategy’s MSTR. The firm assigned it an outperformance rating with a price target of $2,890. The shares closed at around $1,484 on Thursday. Bernstein cited the potential for significant growth…

James Check has predicted that Bitcoin could surge by 120% from its current price exceeding $100,000 in the current bull cycle. Despite high fees and slow transactions limiting its scale of usability, Bitcoin’s unique features position it as a favorable store of value and a strong contender to replace gold. James Check, former leader of the analyst team at Glassnode, has shared a very bullish outlook for Bitcoin (BTC) with the analyst predicting a six-figure price in the current cycle.  …

The post El Salvador Earns $70 Million From Their Bitcoin Investments! appeared first on Coinpedia Fintech News According to on-chain reports, El Salvador is in $69.7 Million profits on their investment in Bitcoin. This Central American Nation has a holding of 5,779 BTCs. Notably, El Salvador has bought seven BTCs over the past week and 30 Bitcoins during the previous month. Reportedly, they are planning to stack Bitcoins until they attain the status of unaffordability by the investors.

The post Bitcoin (BTC) Price May Hit $1 Million – Alliance Bernstein. appeared first on Coinpedia Fintech News Alliance Bernstein (AB) a prominent $779 Billion asset manager has recently stated that the value of per Bitcoin (BTC) price will likely hit a milestone of $1 Million. Further, the company predicts the price to surpass the $200,000 mark by 2025. Notably, the BTC price is trading with a price tag of $66,912 at the time of writing. This means, that in…

Down 4% so far, Bitcoin is having a down-week. Could this current fall in price start to snowball as investors lose hope and start to sell, or is Bitcoin going to surprise the market once again and break free of the shackles of the last 14 weeks? Bears in control for now There is plenty of bearish sentiment around in the press and on social media regarding Bitcoin. Just to begin, there is the fact that hedge funds have built…

VeChain reports a strong financial position with a total value of $550,972,484.57. The approval of the BTC ETF has significantly boosted the blockchain market. According to the latest update on VeChain Official, the VeChain Treasury Report for Q1 2024 reveals a robust financial standing with a total value of $550,972,484.57. This positive outlook is buoyed by the recent approval of the BTC ETF, signaling growing institutional interest in blockchain technology. This new report builds on the previous updates shared by…