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Crypto Analysts See Potential in This Hidden Gem – What's the Scoop?


Crypto analysts are increasingly turning their attention to lesser-known projects in the blockchain space, seeking potential opportunities beyond established tokens. One such project beginning to grab attention is yPredict, a platform specializing in AI-based trading tools. yPredict is currently...

Bitcoin Could Follow Nikkei Path to Record High, Says Analyst


Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has predicted that the price of bitcoin could “follow the path of the Nikkei, which reached a 33-year high in June.” He highlighted that the largest crypto “has had a close directional relationship with the Nikkei 225.” Bitcoin’s...

JPMorgan Analysts: Crypto Bear Market on the Brink of Conclusion


A study of CME Group’s bitcoin futures and open interest indicates the crypto bear market may be approaching its end, according to JPMorgan analysts led by Nikolaos Panigirtzoglou. The bank’s market experts suggest that there’s “limited downside for crypto markets over...

Analysis Suggests Bitcoin’s 2024 Halving Could Propel Price to $400,000


The highly anticipated 2024 bitcoin halving could spark a meteoric price rise, potentially driving its value to a staggering $400,000, suggests an analysis by Blockware Solutions. The forecasted supply trim in 2024 might ignite an explosive demand for bitcoin. The report highlights how a dynamic...

Bitcoin Price Outlook for August


Aside from last week’s move above $30,000, bitcoin has mostly consolidated below this level for the majority of August. Market volatility has eased, seemingly as a result of lower trading volumes due to the summer period. Despite this, history shows that bulls tend to return closer to...

BTC to Peak at $42K in 2023: Finder’s Bitcoin Price Predictions Report


Bitcoin is expected to reach its peak at $42,000 in 2023, with an end-of-year price prediction of $38,000, according to Finder’s bitcoin price predictions report. The report, based on a survey of 29 industry specialists, reveals that 43% of panelists believe bitcoin is currently underpriced...

Bitcoin Price Outlook for July 


Two weeks into July and bitcoin has risen to a fourteen-month high, as cryptocurrency markets reacted to the Ripple Labs’ ruling. XRP was partially ruled to not be a security by U.S. judge Analisa Torres, after a lawsuit from the Security and Exchange Commission (SEC). However, what does...

Tim Draper Adjusts Timeframe for His $250K Bitcoin Price Forecast


Venture capitalist Tim Draper has adjusted his projected timeframe for bitcoin’s price to reach $250,000. Maintaining an optimistic outlook, Draper still expects the world’s largest cryptocurrency to reach his predicted price target but acknowledged that it may take “a little...

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