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Bitcoin News
Coinpedia
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Bitcoin Price Prediction 2024 – 2030: Can BTC Price Still Hit $100K This Year?
- Bitcoin experienced a strong pullback at its $73,000 level, resulting in its hit of ~5%.
- Questions around its potential hit of $100k, where it could be in 5 years, and if it will go back up are resurfacing.
- Bitcoin market price could test the upper resistance level of $75,000 by end of November, if it holds the $68k mark.
- Bitcoin price may potentially reach $100k in 2024.
- BTC price is expected to maintain bullish trend in 2025 with a potential high of $135,449.
- Analysts estimate 2030 BTC price target to reach $347,782.
- CoinPedia expects BTC price to hit a high of $100k in 2024.
- Bitcoin halving ensures its mining becomes more scarce and increases its worth.
- BTC price target could reach $300,000 by 2030, with a potential to be worth a million dollars.
- Investment of $100 in 2020 fall would result in an increase of 437% to $437.
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Crypto-News-Flash
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318
Image Credit: Crypto-News-Flash
Is Stephen Mollah the Real Satoshi? Bitcoin Founder ‘Revealed’ on Whitepaper Anniversary
- Stephen Mollah's claim as Satoshi Nakamoto fails to convince.
- Skepticism persists as the true identity of Satoshi remains elusive.
- Mollah's lack of proof and questionable statements draw doubts.
- The mystery of Bitcoin's founder remains unsolved.
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Bitcoinik
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Image Credit: Bitcoinik
Stephen Mollah Claims to Be Bitcoin’s Inventor Satoshi Nakamoto, but London ‘Proof’ Event Raises Eyebrows
- Stephen Mollah claimed to be Satoshi Nakamoto, the creator of Bitcoin, at an event in London.
- The event lacked convincing evidence, with eccentric statements and unusual setups.
- Mollah made implausible claims and failed to provide substantial proof of his identity.
- Attendees found Mollah's claims to be far from credible.
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Crypto-News-Flash
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181
Image Credit: Crypto-News-Flash
$1.5 Trillion Asset Management Giant Franklin Templeton Debuts Tokenized Money Market Fund on Coinbase’s Layer 2 Base
- Franklin Templeton has launched its OnChain U.S. Government Money Market Fund (FOBXX) on Coinbase's Base network.
- Moving FOBXX to Base expands Franklin Templeton's presence in the crypto space.
- FOBXX is the largest tokenized fund to date with a market cap of $410 million.
- Franklin Templeton continues to diversify its blockchain integrations by adding Base to its existing networks.
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Cryptopotato
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47
Image Credit: Cryptopotato
Will Crypto Markets Recover When $2B Bitcoin Options Expire Today?
- Approximately 28,000 Bitcoin options contracts with a notional value of $2 billion are expiring today.
- The impact on spot markets is expected to be limited, as this week's options expiry is smaller compared to last week's.
- The put/call ratio for today's Bitcoin options batch is 0.92, indicating a more balanced distribution of long and short contracts.
- The crypto market has experienced a 5.5% slump in the last 24 hours, with Bitcoin briefly dropping below $69,000.
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Bitcoinist
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Image Credit: Bitcoinist
Bitcoin Inventor Revealed? Event Claims Stephen Mollah Is Satoshi Nakamoto
- A press conference held in London purported to unveil the true identity of Satoshi Nakamoto, the creator of Bitcoin.
- Stephen Mollah, a British businessman involved in a legal dispute, claimed to be the man behind the pseudonym.
- The event was disorganized and contentious with technical difficulties and a lack of endorsement from the Frontline Club.
- The Bitcoin community reacted skeptically, labeling Mollah as yet another 'Faketoshi.'
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TheNewsCrypto
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Image Credit: TheNewsCrypto
As Bitcoin Nears All-Time High BlockDAG’s 100% Bonus Cranks Up the Heat, Leaving Whales Rushing to Get In Before It’s Gone!
- BlockDAG, a pioneering layer 1 blockchain, is drawing significant attention with its recent test network debut and a promotional code offering a 100% bonus on BDAG coin acquisitions.
- BlockDAG's test network introduction was a success, showcasing the network's capability and sparking interest among developers and cryptocurrency enthusiasts.
- BlockDAG has launched a limited-time promotional code, BDAG100, which provides a 100% bonus on BDAG coin purchases, further attracting users to its ecosystem.
- BlockDAG's presale has raised $105.4 million and the BDAG coin price has surged 2100%, reflecting strong trust in BlockDAG's future prospects.
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3 Likes
Bitcoinist
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352
Image Credit: Bitcoinist
ADA Is The Star, Cardano Founder Says, As Market Buzz Grows
- ADA is emerging as the 'main character' of the current bull cycle, with its market cap of $12.45 billion.
- Cardano's founder, Charles Hoskinson, agrees with this sentiment.
- Cardano recently collaborated with BitcoinOS to facilitate Bitcoin's smart contract development.
- Despite its potential, Cardano's market performance has been lagging behind Bitcoin.
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21 Likes
Cryptonews
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219
Image Credit: Cryptonews
Spot Bitcoin Funds Surpass 1 Million BTC, as BlackRock’s Bitcoin ETF Sets New Records, Outpacing Traditional Funds
- BlackRock's IBIT ETF has surpassed $30 billion in value, accounting for 42% of all BTC held by US Bitcoin ETFs.
- IBIT received significant inflows, leading global ETF cash receipts last week.
- Despite the success of ETFs, Bitcoin's price remains stagnant and dropped below $70k.
- US Bitcoin ETFs are on track to surpass Satoshi's Bitcoin stash if they maintain their current pace.
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Newsbtc
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Image Credit: Newsbtc
Bitcoin Set To Gain If Trump Wins, JPMorgan Cites ‘Debasement Trade’ As Key Factor
- JPMorgan analysts suggest that a win for Donald Trump in the US presidential election could further boost Bitcoin's price.
- Retail investors are turning to Bitcoin as a 'debasement trade' to protect against currency depreciation caused by extensive money printing.
- Bitcoin exchange-traded funds (ETF) have seen significant inflows, with $1.3 billion flowing in over the past two days alone.
- Analysts highlight that a Trump win and increased adoption of the 'debasement trade' could lead to additional upside for Bitcoin and gold prices.
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Cryptonews
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Image Credit: Cryptonews
Reddit Reverses Crypto Strategy, Sells Off BTC and ETH Held for Treasury
- Social media giant Reddit has sold off the majority of its crypto holdings, worth nearly US $7 billion.
- The move was made to mitigate the unique risks associated with holding digital assets.
- Unfortunately, Reddit sold just before Bitcoin's price surged, resulting in significant opportunity cost.
- Reddit still believes in the potential of cryptocurrencies but is cautious due to their volatility and unique risks.
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4 Likes
Cryptonews
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Image Credit: Cryptonews
Ether Drops 5% as ‘Mini Crash’ in Crypto Market Drives Bitcoin Below $70k
- Bitcoin and other cryptocurrencies experienced a significant drop, contrary to analyst predictions of a new all-time high.
- The decline in the crypto market coincides with decreasing chances of Donald Trump winning the presidential election.
- Market experts remain optimistic about the future of cryptocurrencies post-election.
- Recent trading resulted in $220 million in liquidations, marking a notable market pullback.
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3 Likes
Bitcoinist
2w
0
Image Credit: Bitcoinist
Long-Term Bitcoin Holders Aren’t Showing Sings Of Greed – Metrics Reveal A Bullish NUPL
- Bitcoin is on the verge of breaking its all-time high, with market anticipation building for a strong surge.
- Long-term Bitcoin holders are not displaying signs of greed, suggesting confidence in a sustained uptrend.
- A decisive break above the all-time high could trigger a massive bull run and increased demand.
- Bitcoin is holding strong above $72,000, with optimism about breaking ATH and caution about potential retracements.
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Bitcoinsensus
2w
279
Image Credit: Bitcoinsensus
Tether Now Holds More U.S. Treasury Assets Than Germany and Australia
- Tether's net equity has nearly doubled to $14 billion in 2024.
- In Q3, Tether profited $2.4 billion from gold reserves and U.S. Treasury assets.
- Tether now holds $105 billion in cash and equivalents, with $102.5 billion in U.S. Treasuries.
- Tether's reserves surpass those of countries like Germany and Australia.
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NullTX
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Image Credit: NullTX
Celebrating Bitcoin’s 16th Anniversary Amidst Strong Holder Accumulation And ETF Inflows
- Today marks the 16th anniversary of Bitcoin’s white paper release by the mysterious Satoshi Nakamoto.
- Long-term Bitcoin holders (LTHs) are showing strong accumulation behavior, undeterred by recent modest dips.
- Around 48,000 BTC, valued at over $3.46 billion, have recently been transferred to accumulation addresses.
- Bitcoin ETFs saw a total net inflow of $893 million on October 30, signaling strong institutional interest.
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