Michael Saylor, the co-founder and chairman of MicroStrategy, has once again captured the attention of the cryptocurrency space with a BTC prediction. In a recent tweet, Saylor predicted that “99% of Bitcoin will be mined by January 2, 2035.” Because Bitcoin can only be created through mining, all BTC in existence are those that have […]
Ripple to unlock 1 billion XRP on October 1; What’s next?
Ripple to unlock 1 billion XRP on October 1; What’s next? Vinicius Barbosa Cryptocurrency Sep 29, 2024 Share Ripple will unlock 1 billion of non-circulating XRP on October 1. This will happen as more monthly escrows from the token’s initial distribution reach finality, adding fuel to the company’s sales. At current prices, the unlock’s nominal […]
OpenAI o1 predicts Bitcoin price for the 2024 ‘Uptober’
OpenAI o1 predicts Bitcoin price for the 2024 ‘Uptober’ Vinicius Barbosa Cryptocurrency Sep 29, 2024 Share Since 2013, Bitcoin (BTC) has experienced positive returns in October for nine out of eleven years, rendering the “Uptober” moniker. As September ends, Finbold turned to OpenAI’s artificial intelligence (AI) model, o1, for a price prediction based on historical […]
Bitcoin at risk as investors interest is ‘worse than bear market’ lows
Investors anticipating a possible continuation of Bitcoin’s (BTC) rally to reclaim the $70,000 level might have to wait longer as the general market sentiment is not fully bullish. Specifically, Bitcoin is facing dwindling interest from investors, with search volumes reflecting levels lower than those seen during the most challenging bear markets, according to data shared […]
Beware: Cryptocurrencies to unlock $300 million supply this week
Beware: Cryptocurrencies to unlock $300 million supply this week Vinicius Barbosa Cryptocurrency Sep 29, 2024 Share Twelve cryptocurrencies will unlock nearly $300 million in previously non-circulating supply this week, raising concerns as sales could intensify. Among these unlocks, three projects alone will release over $220 million, to which traders and investors should give special attention. […]
Bitcoin Price Nears $66K: Rally or Bull Trap?
Bitcoin is making headlines again as it inches closer to the $66,000 mark, hinting at a potential breakout after being stuck in a range for nearly seven months. Many investors are wondering: Is this the beginning of a massive rally that could push Bitcoin to $80,000? Or is it just another false alarm, setting up […]
5 Top Cryptocurrency ETFs Leading the Market in 2024: Maximize Returns with Bitcoin and Ethereum Funds
iShares Bitcoin Trust leads the market with $21.3 billion AUM and a low 0.03% bid-ask spread. Grayscale’s ETHE ETF, with $4.2B in AUM, offers Ethereum exposure but with a high 2.5% fee. ProShares BITO provides income generation through Bitcoin futures, with recent dividends of $1.21 per share. The growth of cryptocurrency ETFs has been remarkable […]
Bitcoin poised for surge, analysts expect new all-time high
Bitcoin price has done modestly well this week as it soared to $66,000, rising to its highest level since July 31. Bitcoin moves into bull market Bitcoin (BTC) recovery coincided with the surge of the most risky assets like altcoins and equities. The Dow Jones and the S&P 500 index have jumped to a record […]
CIO of a Giant Investment Company Reveals His Prediction for the Level of Bitcoin Price in the Near Future
Matt Hougan, Chief Investment Officer at Bitwise, believes that Bitcoin’s price could skyrocket to $100,000 or even $200,000 in the near future due to high demand and limited supply. Hougan explained in a recent interview that Bitcoin’s meteoric rise of up to 50% this year alone is due to the intense interest in new spot […]
Bitcoin ETF Inflows Push Price to $74K—Could FTX Funds Take It to $100K?
With $12 billion inflows into a Bitcoin ETF, the price went from $45,000 to $74,000, which is 41, a perfect money multiplier on market capitalization. The $16 billion cash redistribution planned for this Q4 2024 can easily push Bitcoin past $100k if a part of it goes into bitcoins. In addition to stable ETF inflows, […]