Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
BTC
Experts Forecast Bitcoin at $87,000: Top Altcoins to Rise with BTC
Analysts predict a surge in Bitcoin's value, pointing to an impressive $87,000 target. This anticipated boom could also elevate other promising cryptocurrencies. Discover which altcoins are primed to benefit from Bitcoin's potential rise and gain insights into the next big movers in the crypto market. Dive in to explore what's fueling this optimistic forecast. Solana (SOL) Solana (SOL) is currently trading in a favorable range between $159.42 and $197.37. Despite a temporary consolidation below the $210.23 resistance level, the overall…
11 months ago
‘No US Dollar by 2045’: Samson Mow Responds To Michael Saylor’s BTC Prediction
The post ‘No US Dollar by 2045’: Samson Mow Responds To Michael Saylor’s BTC Prediction appeared first on Coinpedia Fintech News Samson Mow has recently commented on a presentation by Michael Saylor and expressed his support for Saylor’s Bitcoin prediction. “By 2045 the dollar will not exist,” he wrote in an X post. Michael Saylor predicted Bitcoin could reach $13 million by 2045, requiring a 29% annual return and a market cap of $280 trillion. In a bullish scenario, it…
11 months ago
This Bitcoin Mining Giant Just Spent $100 Million To Buy BTC
Bitcoin mining behemoth, Marathon Digital has made headlines by investing a staggering $100 million in BTC. This substantial investment comes despite BTC’s previous price drops, underscoring the mining giant’s confidence in the long term potential of the pioneer cryptocurrency. MARA Buys $100 Million Worth Of BTC In a press release published on Thursday, July 25, MARA, (recently rebranded from Marathon Digital) announced that it has purchased an additional $100 million worth of BTC. This substantial Bitcoin investment marks a significant…
11 months ago
Bitcoin Price Prediction: Will BTC Skyrocket to $300,000 by 2025?
The post Bitcoin Price Prediction: Will BTC Skyrocket to $300,000 by 2025? appeared first on Coinpedia Fintech News Stockmoney Lizards recently shared their view on why Bitcoin might experience a dramatic increase in value. They point to the recent halving event, which has cut the rate at which new Bitcoins are issued and reduced the supply available on exchanges. This scarcity could drive up Bitcoin’s price as demand grows. As the market recovers, Stockmoney Lizards is making bold predictions about…
11 months ago
US Senate Tim Scott’s Lively Crypto Debut At The BTC Conference!
The post US Senate Tim Scott’s Lively Crypto Debut At The BTC Conference! appeared first on Coinpedia Fintech News U.S. Sen. Tim Scott, the top Republican on the Senate Banking Committee who may be in position to be its next chairman, argued at a Bitcoin 2024 appearance on Friday that the government should make it easy for the crypto industry to innovate in the U.S. While he stayed relatively quiet on crypto, he broke the silence with his lively crypto…
11 months ago
Raoul Pal Reveals Major Shift in Investment Strategy Towards Solana, Away From BTC, ETH
The post Raoul Pal Reveals Major Shift in Investment Strategy Towards Solana, Away From BTC, ETH appeared first on Coinpedia Fintech News Raoul Paul, the CEO of Real Vision and a prominent financial analyst, has recently disclosed his investment strategy reflecting a drastic shift. Pal has shifted from Bitcoin and other Altcoins, relocating a staggering 90% of his liquid assets into Solana. 90% Of Pal’s Network Allocated To SOL! In a recent video address, Pal explained his significant portfolio adjustment…
11 months ago
Bitcoin (BTC) train departing station – are you onboard?
This looks as though it could be it. The Bitcoin price has bounced and recovered quickly from four days of selling. Briefly touching $63,500, the $BTC price is now at around $67,000. This weekend, or the following week, could see $BTC bulls attempt the all-time high at $73,800. Are you aboard this train? 135 days of sideways and down price action have elapsed since Bitcoin made a new high back in mid-March of this year. Since that high, four separate…
11 months ago
Bitcoin Price Today: Massive Whale Accumulation, Could BTC Price Hit $70k This Weekend?
The post Bitcoin Price Today: Massive Whale Accumulation, Could BTC Price Hit $70k This Weekend? appeared first on Coinpedia Fintech News Bitcoin (BTC) price rebounded around 4.2 percent in the past 24 hours to trade above $67k on Friday during the early Asian session. The flagship coin rebounded from a crucial support range between $63,500 and $64k on Thursday, thus signaling further bullish momentum. Rising Bitcoin Dominance Moreover, Bitcoin dominance rallied to a new high since mid-April, of around 56.67…
11 months ago
Bitcoin Mining Giant Marathon Digital Makes Major $100M BTC Acquisition
Marathon Digital (MARA), one of the largest Bitcoin (BTC) mining companies, has recently announced a substantial acquisition of $100 million worth of Bitcoin. This significant purchase, detailed in a recent company statement, has increased Marathon’s Bitcoin holdings to over $1 billion at current prices, showing the company’s confidence in the future price appreciation of the largest cryptocurrency on the market. Is Bitcoin The ‘World’s Best Treasury Reserve Asset’? According to the company’s announcement on Thursday, by adopting a “HODL” strategy,…
11 months ago