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Forecast Frenzy — Bitcoin Price Predictions Surge as 2024 Approaches
23.12.2023
As 2023 winds down with bitcoin soaring by 165% since January, numerous luminaries, visionaries, speculators, and market players predict that the leading cryptocurrency’s value will soar even higher in 2024. This week, Markus Thielen, leading Matrixport’s research division, shared...
Bitcoin Network Fees Reach $40 in Surge; Polkadot & Borroe Finance Eye Massive Growth
23.12.2023
Bitcoin network activity increase has triggered a significant spike in transaction fees, soaring to as high as $40.00. In the face of market fluctuations, Polkadot is dominated by new proposals. Meanwhile, Borroe Finance ($ROE), one of the new DeFi projects, introduces an AI and NFT-powered funding...
Bitfinex Market Analysts Predict $3.2 Trillion Crypto Market Capitalization – Here’s More
22.12.2023
Source: AdobeStock / prima91 Bitfinex analysts say the digital asset market capitalization could hit $3.2 trillion if bullish factors remain amid soaring prices towards the end of the year. In a new market report, the firm made market projections ahead of the new year with present market forces...
BitMEX Co-founder Sells Solana for Ethereum, Predicts ETH Price to Reach $5,000
22.12.2023
Source: a video screenshot, Youtube BitMEX co-founder Arthur Hayes says he has sold Solana (SOL) and bought more Ethereum (ETH) despite the recent bullish momentum recorded by SOL. In a post on X (formerly Twitter), Hayes stated that he had received an inspiration to support Vitalik Buterin’s...
Phantom Expands Web3 Wallet to Embrace Bitcoin, Ordinals, and BRC20 Tokens Amid Soaring Demand
21.12.2023
Phantom, the Web3 cryptocurrency wallet initially developed for Solana, has expanded to include Ethereum and Polygon, and is now introducing support for Bitcoin, Ordinal inscriptions, and BRC20 tokens. Users of Phantom have the ability to integrate their existing bitcoin wallets, allowing them...
Bitcoin Blockchain Surpasses Half-Terabyte Amid Soaring Transactions and Increased Block Capacity
20.12.2023
Although bitcoin’s price hasn’t eclipsed its historic peak, this year the network has shattered multiple records. These include reaching the highest level of difficulty, achieving an all-time high in total hashrate, and setting a new record for daily confirmed transactions. In 2023...
Bitcoin Reaches New All-Time High In Options Open Interest
20.12.2023
Demand for Bitcoin options is soaring, with average daily open interest on the Chicago Mercantile Exchange (CME) touching an all-time high of $1.9 billion as of December. According to CoinGlass, the last high for CME open interest was in April at $1.68 billion, when the U.S. banking crisis a month...
Bitcoin Difficulty Set for Upturn Amid Escalating Hashrate and Soaring Miner Fees
16.12.2023
After the last adjustment that resulted in a slight 0.96% reduction, the upcoming difficulty retarget on Dec. 23, 2023 is anticipated to bring about an increase, eclipsing the previous decline, as the hashrate regains its upward trajectory. The seven-day average hashrate reached a low of...
Bitget Forecasts BTC to Reach $100,000 and ORDI’s Ascent in Next Bull Market
15.12.2023
In a newly published prediction report, Bitget, a leading derivatives crypto exchange, forecasts a vibrant future for the Bitcoin ecosystem, with BTC potentially soaring to $100,000 and the ORDI BRC20 token climbing the ranks in the next bull market. Bitget researchers say this expansion is set...
Bitcoin Price Prediction: BTC Surges, Outshining Gold in 2023 Rally
10.12.2023
Bitcoin (BTC), the flagship cryptocurrency, is currently trading at $43,850, marking a slight decrease of nearly 0.50% on Sunday. Despite this minor dip, Bitcoin’s performance this year has been nothing short of stellar, outshining traditional safe-haven assets like gold. In 2023, Bitcoin...
Trading Volumes of Crypto Assets Under Management Averaged $481 Million Daily in November: Report
6.12.2023
Source: Pixabay / Michael Wuensch The digital asset market has recorded massive bullish activity in recent weeks with the prices of most cryptocurrencies soaring to positions not seen in over 18 months. Aside from asset prices, decentralized finance (DeFi) activities are also high in terms...
Bitcoin Price Prediction: Surges Past $44K, El Salvador Sees Soaring Returns on BTC Investment
6.12.2023
In an electrifying leap forward, Bitcoin‘s valuation surged past the $44,000 mark, trading at $43,858 with an impressive nearly 6% increase on Wednesday. This ascent comes after a “jet-fueled” 16% climb over six days, underscoring the cryptocurrency’s robust performance....
BRC20 Token ORDI Hits $1B Market Cap Amid Crypto Surge, Soaring 676% in a Month
5.12.2023
In the recent surge in the cryptocurrency market, the BRC20 token ORDI has experienced substantial growth. This week, it reached a new milestone with its market capitalization surpassing the $1 billion threshold. The token’s value has soared by 676% in the past month and by 189% in just...
Institutional Funds to Ethereum Products Flips Green as Asset Trades Above $2,200
5.12.2023
Source: Pexels The bullish drive of institutional investors in recent weeks can be seen across several market metrics as digital assets soar to levels not recorded in months. Ethereum (ETH) traded sideways for most of the year before soaring above $2,000 following the recent market uptick which...
Sui Soars Past $150M in TVL, Solana Set to Maintain Momentum in December, InQubeta Becomes Whale Favorite
5.12.2023
Sui (SUI) has been making headlines for soaring past $150 million in TVL (total value locked). This development has been met with excitement in the crypto landscape. Another development creating a buzz is Solana’s rally, which analysts predict will continue in December. This makes it one of...
Smart Money is Accumulating This AI Crypto – What Do They Know?
4.12.2023
Smart money investors turn to Launchpad XYZ amid a soaring $2.1 million presale that will soon see it showcasing its AI trading capabilities. Image by Planetz, Adobe Stock. AI cryptocurrencies continue to attract interest from investors of all stripes seeking opportunities in the digital asset...
CAGA Crypto’s Spectacular Journey: Soaring High with Centralized Exchange Listings
28.11.2023
A Vibrant Leap Forward: CAGA Crypto’s Exciting Integration into Renowned Exchanges In an electrifying development, CAGA Crypto, a pioneer in decentralized governance and blockchain innovation, celebrates its remarkable listing on top-tier centralized exchanges (CEX), including BITMART(30th...
Bitcoin Price Prediction: Soaring Past $37K Amid ETF Buzz & Regulatory Debates
23.11.2023
In a market buzzing with anticipation and regulatory crosswinds, Bitcoin has once again captured the spotlight, soaring past the $37,000 mark. This latest surge, marked by a nearly 2.75% to $37,353 on Thursday, comes amidst a backdrop of thin holiday trading and a strengthening dollar....
Bitcoin Price Prediction as RFK Jr. Supports Self-Custody Rights – Is Regulatory Pressure Easing?
21.11.2023
Bitcoin, the flagship cryptocurrency, has been demonstrating robust performance, maintaining a strong position above the $37,000 threshold. This bullish trend contributes significantly to the global cryptocurrency market cap, which has recently seen a 0.52% increase, soaring to $1.42 trillion....
Digital Asset Funds Record $176 Million Inflows as Market Rebounds: Here’s More
20.11.2023
Source: Adobe / Luisa The digital asset market continues to notch multiple wins in recent months as it recovers losses recorded in previous months with multiple assets soaring to yearly all-time highs. A new CoinShares Weekly Asset Flow report shows a massive increase in investor sentiments over...