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Experts Warn of Impending Recession in the US as Survey Reveals 59% Chance by July 2024
14.7.2023
A recently published survey by Bankrate reveals that there is a 3-in-5 likelihood of a recession occurring in the United States within the next year. Bankrate’s survey of economists firmly indicates that the chances of a recession taking place in the U.S. are greater than the chances of...
Predicting the Unpredictable: AI Chatbot Claude Outlines Potential 2024 Prices for Top 40 Crypto Assets
14.7.2023
Two weeks ago, Bitcoin.com News used six artificial intelligence chatbots to predict the price of bitcoin (BTC) by the end of 2023. After the release of Anthropic’s Claude 2 in July, we conducted another experiment, tasking Claude with predicting the prices of the top 40 cryptocurrencies...
Matrixport’s Year-End 2024 Prediction: Bitcoin to Reach $125,000 as Strong Performance Fuels Bullish Sentiment
10.7.2023
While bitcoin has shown strong performance in the first half of 2023, Markus Thielen, the head of research at crypto firm Matrixport, released a prediction on July 5, 2023, stating that bitcoin (BTC) will reach $125,000 by the end of 2024. Thielen’s forecast is based on a signal indicating...
Regulation, User Trust, and Tech Constraints Stand in the Way of Mass Crypto (Banking) Adoption, Says Brighty’s CTO Nikolay Denisenko
10.7.2023
In an interview with Cryptonews, Nikolay Denisenko, the co-founder and CTO of mobile digital finance Brighty app and former Lead Backend Engineer at neobank Revolut, spoke of the major challenges crypto companies face when moving into neobanking.
He further discussed how neobanks can utilize DeFi...
Macro Strategist David Hunter Predicts Global Markets’ ‘Melt Up’ Surge in Q4 2023, Followed by Impending ‘Bust’
23.6.2023
David Hunter, the chief macro strategist at Contrarian Macro Advisors, predicts an interesting development for global markets in the fourth quarter of 2023. According to him, global markets will experience a remarkable surge, aptly described as a “melt up.” However, this surge will...
Bitcoin Price Outlook for June
16.6.2023
Halfway through June, crypto markets have been rocked by several macro factors, which have brought bears to return to action. Bitcoin has moved below $25,000 for the first time since March, as the Security and Exchange Commission (SEC) sued both Binance and Coinbase. The Federal Reserve has also...
Silver Set to Shine: Citigroup Analysts Forecast $30 Value in Next 6-12 Months
25.5.2023
Citigroup analysts foresee a significant increase in silver’s value, potentially hitting $30 per unit within the next 6-12 months, according to the multinational bank’s latest silver assessment. The experts at Citi predict an ongoing decline of the U.S. dollar and anticipate a decrease...
Bank of Russia Expects Significant Growth in Digital Assets Market
20.5.2023
The Central Bank of Russia predicts an increase in the issuance of digital assets, citing some of their advantages. The monetary authority has published a report presenting the progress made by the growing industry and assessing the prospects for its further development. Russia’s Central Bank...
Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say
3.5.2023
Bank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may break the 2021 record. This year’s high numbers are coming after 2022 became the worst annual period in seven years for the sanctioned Russian banking sector in terms of financial outcome. Banks...
Peter Schiff Says Banking Crisis Not Over, Much Worse Financial Crisis Incoming — Warns of ‘Massive’ Recession
14.4.2023
Economist Peter Schiff has cautioned that the present banking crisis is the cusp of a much worse financial crisis. “It’s going to get much much worse if you are going to try to dismiss it,” he stressed. Citing the Federal Reserve’s recession forecast, he warned: “Normally...
Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains
18.3.2023
At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 per unit. Seven days later, gold rose 9.65% against the U.S. dollar to the current spot price of $1,988 per ounce. Gold’s rise comes at a time when confidence in the global banking system is at an all-time...
Central Bank Digital Currency Transactions to Reach $213 Billion Annually by 2030, Research Shows
15.3.2023
A new study shows that payments via central bank digital currencies (CBDCs) are expected to reach $213 billion annually by 2030. Furthermore, 92% of the total value transacted via CBDCs will be paid domestically, the research found. $213 Billion Annually Research and market intelligence firm...
Cardano Price Forecast as Founder Charles Hoskinson Takes Jab at Crypto Critics – Time to Buy ADA?
14.3.2023
Investors in the crypto market are once again aggressively bullish following the collapse of key banks in the United States. ADA, the token powering Cardano, a decentralized ecosystem is up 3.6% in 24 hours and trading at $0.3435 at the time of writing....
Read More: Cardano Price Forecast...
Cardano Price Prediction as ADA Spikes Up 0.8% – How High Can ADA Go in 2023?
20.2.2023
Cardano price is delicately balancing last week’s decent rally with the possibility of a pullback below the pivotal $0.40 level. However, the mundane price action is not unique to ADA but is reflected among the top 100 cryptos. For now, the seventh-largest coin displays 15% in weekly cumulative...
Mike Novogratz Says Bitcoin Could Return to $30,000 Next Month
17.2.2023
Galaxy Digital CEO Mike Novogratz says he wouldn’t be surprised if the price of bitcoin returns to $30,000 next month. “When I look at the price action, when I look at the excitement of the customers calling, the FOMO [fear of missing out] building up, it wouldn’t surprise...
Bitcoin Price Outlook for February
10.2.2023
February has been a rollercoaster ride for cryptocurrency traders, with market volatility leading to high levels of price uncertainty. Following a strong start to the month, bitcoin prices have since plunged, resulting in a current bear run. However, with just over two weeks left of this short...
Cardano Price Forecast as $400 Million Trading Volume Comes In - Can ADA Recover to $3 in 2023?
31.1.2023
Cardano price holds strongly against the US dollar while exchanging hands at $0.374. ADA, the token powering the Cardano ecosystem, is up 52% in 30 days and has managed to hold onto a 7% increase in value over the last 14 days....
Read More: Cardano Price Forecast as $400 Million Trading Volume...
Cardano Price Forecast as ADA Pumps Up 50% From Bottom – ADA to $10 Soon?
27.1.2023
Carrano price bulls have slowed down an aggressive four-week push that saw the token’s value grow by 45.5% in 30 days. The eighth-largest cryptocurrency, boasting $13.2 billion in market capitalization, holds slightly in the green backed by a 0.9% increase in 24 hours. The 50% pump from the bottom...
Finder’s Experts Predict Bitcoin to Peak at $29K in 2023, But Forecast a Low of $13K
24.1.2023
The price of bitcoin is set to rise in 2023, but crypto and fintech experts chosen by the product comparison web portal finder.com do not believe the leading digital asset will break the $30,000 range this year. Finder’s panel of 56 specialists convened to give their 2023 bitcoin price...
Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve’s Efforts to Bring it Down
23.1.2023
As investors examine the next move of the Federal Reserve, analysts, economists and market participants are also closely monitoring inflation levels. In Dec. 2022, the annual inflation rate dropped to 6.5%, and many experts predict it will decrease further. However, economist Mohamed El-Erian...