Brandt

The post Peter Brandt Predicts Tether’s Collapse and USD’s Demise appeared first on Coinpedia Fintech News Peter Brandt has expressed serious doubts about the stability of Tether, the world’s largest stablecoin. This concern echoes that of various financial watchdogs and analysts criticizing USDT and Tether’s management. Brandt’s comments were in response to a post by Consumers’ Research, the nation’s oldest consumer protection organization. The nonprofit exposed several disturbing aspects of Tether’s operations.  Among the revelations was the allegation that Tether…

Despite the Bitcoin decline below the $70,000 price mark, a crypto analyst still maintains an optimistic outlook for the pioneer cryptocurrency, predicting that the price of Bitcoin could reach its top soon.  Analyst Says Bitcoin’s Top Is $150,000 On June 2, crypto analyst, Peter Brandt released a blog post predicting Bitcoin’s top in the current bull cycle. According to Brandt, the price of Bitcoin is expected to witness an exponential surge between the range of $130,000 to $150,000. Brandt foresees…

The post Trader Peter Brandt Raises Doubts on Bitcoin Bull Run Continuation appeared first on Coinpedia Fintech News Renowned trader Peter Brandt has raised doubts about the sustainability of Bitcoin’s ongoing bull market cycle. In a detailed analysis titled “Does history make a case that Bitcoin has topped?” Brandt highlights trends in Bitcoin’s historical price cycles that suggest diminishing momentum over time. Diminishing Momentum in Bull Cycles Brandt identifies four significant bull cycles in Bitcoin’s history, with the current surge marking…

The post Peter Brandt Signals Possible Cardano (ADA) Selloff Before Bullish Rebound  appeared first on Coinpedia Fintech News Bitcoin (BTC) dominance has gradually been eating away the altcoin market amid heightened demand from institutional investors. If the Hong Kong regulators approve spot Bitcoin ETFs on Monday as predicted, the flagship coin will most likely rally to a new ATH. As a result, Bitcoin dominance will continue in a rising trajectory, which is not the best indicator for anticipated altseason. Cardano…

The post Solana Price Prediction: Peter Brandt Predicts SOL Price Will Likely Drop To This Level appeared first on Coinpedia Fintech News Solana (SOL) network, a top-tier layer-one (L1) blockchain competing with Ethereum (ETH) to democratize smart contracts, has been a hot topic in the past few months. On one side, the Solana network has been applauded for onboarding millions of investors to the Web3 industry through its meme coins and decentralized financial (DeFi) platforms As the fifth largest digital…

The Bitcoin halving, a pivotal event looms on the horizon that is poised to redefine market dynamics. Set around April 20, this event will cut the mining reward for a Bitcoin (BTC) block from 6.25 to 3.125 BTC. Analysts like Arthur Hayes, Benjamin Cowen, and Peter Brandt forecast a potential downturn in Bitcoin’s price post-halving. Will Bitcoin Crash After Halving: Analysts Weigh in Arthur Hayes, a seasoned voice in the crypto sphere, presents a complex view of the Bitcoin halving.…

Bitcoin’s rise in the past few weeks has been an exciting ride for traders and investors who have been able to rack in profits. However, the recent developments in the last 24 hours show the thin line between profits and losses. $805 million Liquidated Bitcoin made quick gains in the early hours of the day, surging past the $18,000 barrier to set a new yearly high of $18,472.  Soon after achieving this milestone, Bitcoin suffered a flash crash within minutes,…