Hovering near $81,000 today, Bitcoin (BTC) might skyrocket to an eye-popping $250,000 within the year, fueled by the entry of colossal tech players like Microsoft (MSFT) and Apple (AAPL) into the cryptocurrency realm, predicts Charles Hoskinson, Cardano’s founding force. This bullish forecast aligns with prominent voices such as Fundstrat’s Tom Lee, venture capitalist Tim Draper,…
Early Tuesday’s crypto market rally, led by Bitcoin soaring to around $57,300, was sparked by a German government body reclaiming more than $200 million worth of BTC from multiple exchanges during late U.S. trading hours—this move breathed new life into investor confidence. Over the past 24 hours, Bitcoin surged approximately 3.5%, trading just above $57,300…
Daily rundown of leading CME-futures tokens by CoinDesk expert and Chartered Market Technician Omkar Godbole. Bitcoin — Eyeing Another Shot at Its All-Time Peaks The hourly chart of Bitcoin (BTC) reveals a recent breakout from a descending channel, with a fresh higher low forming near $117,000 earlier today. Coupled with this, price action has climbed…
In a recent Friday briefing, Thielen laid out a compelling case for bitcoin surging to $70,000, buoyed by a cocktail of monetary forces, the broader macroeconomic backdrop, the rhythm of the U.S. election cycle, and a slow but steady uptick in interest from traditional financial players funneling money into bitcoin ETFs. January’s Tepid Performance in…
According to a report released Wednesday by German financial powerhouse Deutsche Bank, bitcoin (BTC $111,495.39) — the titan of cryptocurrencies — looks set to maintain its upward momentum well into 2025, with prices expected to hover at elevated levels. Regulatory Winds and Market Forces Aligning Backing this bullish forecast is a cocktail of factors: a…