The chief investment officer at Bitwise Asset Management has explained why the current bitcoin bull market differs from prior bull markets. He doesn’t expect the bull market or the alts season to “end early,” emphasizing that he expects to see “more of an ‘everything season,’” rather than a classic alts season. Bitwise’s CIO Predicts an […] Source: https://news.bitcoin.com/bitwise-cio-predicts-bitcoin-bull-market-wont-end-early-expects-an-everything-season/
Month: March 2024
Rich Dad Poor Dad Author Robert Kiyosaki: Bitcoin ‘on Fire’ — BTC Headed for $300K This Year
Rich Dad Poor Dad author Robert Kiyosaki says bitcoin is “on fire,” predicting that the crypto will hit $300K this year. Bitcoin surged to a new all-time high this week, fueled by soaring demand for spot bitcoin exchange-traded funds (ETFs). Robert Kiyosaki: Bitcoin Is on Its Way to $300K The author of Rich Dad Poor […] Source: https://news.bitcoin.com/rich-dad-poor-dad-author-robert-kiyosaki-bitcoin-on-fire-btc-headed-for-300k-this-year/
Gold’s Price Surge to Nearly $2,200 Overshadowed by Bitcoin’s ‘Speculative Mania,’ Peter Schiff Claims
In a manner similar to bitcoin and the overall crypto market, gold’s value has climbed, nearly touching $2,200 per ounce this week. This uptick is widely attributed to demand from central banks, with surveys indicating both Wall Street and Main Street anticipate higher prices in the upcoming week. At the same time, gold enthusiast Peter […] Source: https://news.bitcoin.com/golds-price-surge-to-nearly-2200-overshadowed-by-bitcoins-speculative-mania-peter-schiff-claims/
Nasdaq-Listed Bitcoin Mining Companies Bounce Back From Recent Downturn
Following a dynamic period of activity in the crypto market on Friday, stocks of publicly traded mining companies have recovered from their recent decline. In the last five days, Marathon Digital Holdings’ stock fell over 15%, yet on Friday, it experienced a 7.71% increase in value against the U.S. dollar. Several other leading mining corporations […] Source: https://news.bitcoin.com/nasdaq-listed-bitcoin-mining-companies-bounce-back-from-recent-downturn/
Crypto Analyst Predicts Bitcoin Could Surpass $330,000, Breaking Historical Growth Patterns
In an analysis posted on Tradingview, cryptocurrency analyst Tradingshot presents a view where bitcoin might cross the $330,000 threshold. Utilizing a blend of historical pattern disruptions and the Theory of Diminishing Returns (TODR), the market analyst posits that the upcoming cycle may break from the traditional pattern of lesser yields. Bitcoin’s Journey Towards a Possible […] Source: https://news.bitcoin.com/crypto-analyst-predicts-bitcoin-could-surpass-330000-breaking-historical-growth-patterns/
Market Optimism Peaks as Bitcoin Call Options Aim for $100K Milestone
Following bitcoin’s significant market activity this week, conversations around the bull market have hit a high pitch, with numerous predictions of substantial increases in the leading crypto asset’s price cycle. Evidence indicates that call options, with strike prices ranging from $80,000 to $100,000, are now in the mix, as speculators exhibit strong optimism. Bitcoin Bull […] Source: https://news.bitcoin.com/market-optimism-peaks-as-bitcoin-call-options-aim-for-100k-milestone/
Microstrategy’s Bitcoin Portfolio Value Soars to $13.2 Billion, Marking a 116% Gain
According to the latest figures, Microstrategy’s investment in bitcoin has doubled, showing a 116% increase after the cryptocurrency’s value experienced a significant rise this past week. The company, specializing in business intelligence, has acquired a total of 193,000 bitcoins at an expenditure of $6.122 billion, with the current market value of their holdings soaring to […] Source: https://news.bitcoin.com/microstrategys-bitcoin-portfolio-value-soars-to-13-2-billion-marking-a-116-gain/
This Week in Coins: Bitcoin Touches $70,000 As Major Altcoins Soar
Illustration by Mitchell Preffer for Decrypt. It had been a long time coming: Bitcoin hit a new all-time high on Tuesday, soaring past its November 2021 record of $69,044 in the U.S. before dipping again. Then, on Friday, it did it again—this time by jumping above $70,000. This is remarkable, considering that the coin was trading for below $17,000 in…
Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability
Amid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions on Ethereum has notably increased, pushing the average fee to $22.19 for each operation. Further data indicates that executing a swap on a decentralized exchange (dex) platform could incur a cost of $66. Transfers and Dex Swaps Costlier as Ethereum […] Source: https://news.bitcoin.com/meme-token-frenzy-drives-up-ethereum-fees-testing-networks-scalability/
Here’s Every Upcoming Marvel Game You Shouldn’t Miss
While superhero movies have been huge at the box office for years, video games have been slow to catch up. Maybe studios don’t want to try to measure up to the likes of the Batman Arkham games or Spider-Man games. Maybe they’re worried about ending up like Marvel’s Avengers, the live-service co-op superhero game that came and went a few…