Saylor appeared unbothered by bitcoin’s recent brutal run, which saw the price tumbling to about a seven-month low below $53,000 last week. He reiterated his belief that bitcoin, which now accounts for 0.1% of global capital, will eventually rise to 7% of global capital, or a price of $13 million over the next two decades. Original
Michael Saylor, MicroStrategy’s executive chairman, expects Bitcoin to capture 7% of global capital in the coming years and outclass other assets. On Sept. 9, Bitcoin (BTC) was trading just under $55,000 after a 2% rise in 24 hours, according to crypto.news price pages. Saylor told CNBC that this price would increase by 70 times as adoption skyrockets, placing BTC at $3.85 million per coin soon. Saylor explained that the thesis behind Bitcoin’s exponential price leap is rooted in its technological superiority over other assets and its yearly returns. Since August…
Bitcoin price rose for three consecutive days as investors bought the dip ahead of the Donald Trump and Kamala Harris debate and the closely watched U.S. inflation report. Bitcoin (BTC) rose to $55,700 while Ethereum (ETH) jumped to $2,320. The gains coincided with a positive performance in the stock market, where the Dow Jones, S&P 500, and Nasdaq 100 indices all rose by over 1%. These assets rebounded following the mixed jobs report, which showed that the jobless rate fell to 4.2%, while wage growth strengthened. Bernstein is bullish on…
Este artículo también está disponible en español. Ethereum is still one of the worst-performer of the top largest cryptocurrencies by market cap despite being incredibly popular. This bearish movement has seen an increasing number of investors being moved into the red as the price drops. If this continues, then the ETH price could fall below $2,000 again. But there is still a possibility for a reversal as a bullish pattern has formed on the Ethereum price chart. Ethereum Falling Wedge Pattern Appears With the recent decline in price, there has…
The reality is that it’s neither feasible nor likely for venture capital to be present everywhere at once. Even as the industry matures and more venture capital flows into Web3 companies, it’s unrealistic to expect that funding can be equally distributed across the globe. We’re already seeing certain hubs emerge as go-to destinations for innovators, drawn by factors such as regulatory ease, visa access, cost of living, climate, and time zones. Cities like New York, Lisbon, Dubai, Singapore, and Buenos Aires are among those places slowly becoming hubs. But as…
Also, there are now prediction market contracts about other prediction market contracts. Source
This week, traders will be eyeing the U.S. release of August’s Consumer Price Index (CPI) on Wednesday and Producer Price Index (PPI) on Thursday. Before then, on Tuesday, Donald Trump goes head to head with Kamala Harris in the first debate between the presidential candidates ahead of November’s election. Original
Este artículo también está disponible en español. As Dogecoin (DOGE) faces ongoing market pressure, a growing number of Dogecoin (DOGE) whales are diversifying their portfolios by investing in Mpeppe (MPEPE), a rising star in the meme coin and mobile gaming ecosystem. With its strong focus on mobile gaming and casino utility, Mpeppe (MPEPE) has become an attractive alternative for those looking for new opportunities amidst Dogecoin (DOGE)’s bearish trend. Let’s explore why Mpeppe (MPEPE) is capturing attention and whether Dogecoin (DOGE) can withstand the current market challenges. Dogecoin’s Bearish Trend:…
Este artículo también está disponible en español. In the volatile world of cryptocurrency, opportunities often arise where others see only uncertainty. Recently, some of the largest Uniswap (UNI) investors have begun accumulating new and promising Ethereum-based meme coins, hoping to capitalize on potential 100X gains. Among the standout contenders is Mpeppe (MPEPE), a memecoin merging sports fandom with blockchain technology. As Uniswap (UNI) continues to perform well despite broader market challenges, the addition of Mpeppe (MPEPE) to whale investors’ portfolios suggests there’s significant belief in the future success of this…
Restaking protocol Ether.fi selected layer-2 network Scroll as the settlement layer for products like its Cash card. Source