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Microstrategy CEO Foresees Bitcoin’s Price Reaching $6 Million


The CEO of Microstrategy expects the price of bitcoin to reach $6 million, noting that it is “unstoppable” and will replace gold. The executive personally owns 17,732 bitcoins while his company is hodling 122,478 bitcoins. Microstrategy’s CEO Expects Bitcoin to Hit $6 Million...

Bullish Options Data Gives Hope to Ethereum, Bitcoin Investors


  Large options trades that appear to be betting on a year-end rally for ethereum (ETH), and higher prices for bitcoin (BTC) in January, are getting the attention of some crypto traders. The bullish bets on BTC and ETH were seen on Deribit, the crypto derivatives exchange that accounts for...

Bitcoin Mining Hash Rate to Double in 2022, Compute North CEO Predicts


  With all of the new capacity that is being promised by major bitcoin (BTC) miners, the bitcoin network’s hash rate – or the computing power that goes into mining new coins – is likely to grow twice the current number over the following year, suggested Dave Perrill, CEO of mining infrastructure...

Arthur Hayes Tells Crypto Traders ‘It Pays to Wait,’ Stronger USD Coming


  Monetary policy in the US and China will most likely not get any easier in the near term, and it, therefore “pays to wait” with making new investments in crypto, the co-founder and former CEO of crypto derivatives exchange BitMEX, Arthur Hayes, suggested. ... Read More: Arthur Hayes Tells Crypto...

How Global Economy Might Affect Bitcoin, Ethereum, and Crypto in 2022


_______ _______ The crypto market has had one of its best years on record, and it largely has the global macroeconomic environment to thank for this. With inflation rising and interest rates historically low, those of us fortunate enough to have savings have looked for somewhere more profitable...

Bitcoin and Ethereum Price Predictions for 2022


  The past year has been another great year for the cryptoasset market, with bitcoin (BTC) having almost doubled in price year-to-date, and the total crypto market capitalization increasing from just over USD 750bn to almost USD 3trn.... Read More: Bitcoin and Ethereum Price Predictions for 2022

Crypto Exchanges in 2022: More Services, More Compliance, and Competition


  For many people, exchanges are pretty much the core of the crypto market and industry. They facilitate the all-important trades in the world’s virtual currencies, and by doing so, they reveal which are likely to become the biggest in the future.... Read More: Crypto Exchanges in 2022: More...

Saxo Bank's 'Outrageous Prediction' on NFT-Based Platforms Disrupting Spotify


  Denmark’s Saxo Bank has released a set of 10 “outrageous predictions” for next year, among others forecasting that digital rights platforms based on non fungible tokens (NFTs) have the potential to disrupt Spotify’s robust position in the global music distribution industry. The bank explains...

ETH/BTC Ready to Break Higher? Not So Fast, Some Analysts Say


  A much-discussed chart among crypto traders in recent days has been the ethereum (ETH)/bitcoin (BTC) chart, with many claiming it looks primed for a sharp move higher. However, some are still betting on an opposite outcome, with investor demand also indicating stronger appetite...

'Failing' S2F Model Refuels Debate on Bitcoin Price Model’s Usefulness


With only one day left before the end of the month, a USD 98,000 price prediction for November by the pseudonymous bitcoin (BTC) analyst PlanB is officially out of the question. And with that, a new debate on the validity of PlanB’s well-known bitcoin stock-to-flow (S2F) model is again raging among...

2022 Crypto Regulation Trends: Focus on DeFi, Stablecoins, NFTs, and More


If 2021 has been the year of talking about crypto regulation, then 2022 is likely to be the year of turning words into action. Because if nothing else, 2021 has shown that crypto isn’t likely going to be going away, something which has certainly forced more than a few regulators to sit up and take...

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