According to the international bank, Standard Chartered, Bitcoin is on track to hit $100,000 by the end of 2024.
Currently, Argentina is facing a worrying inflation crisis of over 100%. Argentines are at a loss as to what to do about the ever-increasing poverty in their country. A Reuters report released on April 14 shows that nearly 40 % of them live in poverty. In addition, they have suffered billions of dollars in economic losses due to one of the worst droughts in their history. Faced with this situation, the co-founder of MicroStrategy advises Argentines to turn to crypto.
Currently, the price of Bitcoin (BTC) is on an upward trajectory, which is excellent news for investors. After all, this bullish trend represents a significant opportunity for them to make substantial gains. However, Justin Bons, founder of Cyber Capital, believes that the flagship crypto could become a victim of its success. Here's why.
Bitcoin and Litecoin are often compared to gold and silver. These two cryptocurrencies share several similarities, including the halving phenomenon. In 2023, crypto analysts predict a notable difference between the upcoming Bitcoin and Litecoin halving.
Every day, there seems to be news of advancements in Cardano, which is pleasing the whales and pushing them to fill up on ADA frequently. Last weekend, the network's transactions were at their highest.
Raoul Pal, the founder of Real Vision, a financial on-demand platform that helps its members understand the world of finance, business, and the global economy through expert analysis, has made a bold prediction in the crypto market. Pal, a former executive at Goldman Sachs, is known for his market cycle in crypto, and his latest statement is surprising many.
The Russian mining industry is experiencing strong growth, with BitRiver leading the way, propelling Russia into the top 3 globally.
In October 2021, the ECB and central banks in the Eurozone began investigating the digital euro. The ECB has released a new report detailing the progress made so far and revealing the design and distribution options approved by the ECB's Governing Council.
Fantom (FTM) is launching its own cryptocurrency bank, according to co-founder Andre Cronje. The aim is to offer financial services tailored to the crypto market. Fantom's bank will enable users to store, exchange, and spend cryptocurrencies, as well as offering other traditional banking benefits.
In less than a year, the next Bitcoin Halving will take place. If history repeats itself, we may be on the verge of a new all-time high (ATH).