Bitcoin’s future value remains a hot topic, with Finder’s latest survey reflecting expert opinions on its trajectory. While BTC is expected to hit $77,636 by the end of 2024, long-term projections predict growth to $113,364 by 2025 and $282,238 by 2030. Despite this cautious optimism, opinions are divided, especially concerning bitcoin’s mainstream adoption for everyday […] Original
Day: October 25, 2024
SHIB stable despite drop in activity, underwater investors move to 5000x altcoin to recoup losses
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The Shiba Inu price has remained stable despite a decline in SHIB’s activity while underwater investors move to the 5000x altcoin ETFSwap to recover their losses. Recent Shiba Inu price predictions have varied, with SHIB maintaining a tepid price action amid the decline in the meme coin’s adoption. Many SHIB investors are still out of the money with the Shiba Inu price below the $0.00002 support level. This has…
Bitcoin Bill Clears Major Hurdle in Pennsylvania, Signaling Crypto Regulation Changes
The Pennsylvania House of Representatives has overwhelmingly passed a bipartisan bill that protects the rights of residents to self-custody bitcoin and use it as a payment method, while establishing tax guidelines for bitcoin transactions. The Bitcoin Rights bill, which passed 176-26, now moves to the state Senate, amid growing interest in digital assets as states […] Original
Is Too Late To Accumulate Bitcoin? What This Indicator Says
Here’s what the historical pattern of an on-chain indicator suggests regarding whether the time to accumulate Bitcoin is over or not. Bitcoin 150-Day MA aSOPR Currently Has A Value Of 1.01 As pointed out by an analyst in a CryptoQuant Quicktake post, the 150-day moving average (MA) of the Bitcoin aSOPR has a value of just 1.01 right now. The “Adjusted Spent Output Profit Ratio” (aSOPR) here refers to an indicator that basically tells us about whether the BTC investors are selling their coins at a profit or loss. This…
Wall Street to Surpass Satoshi as Top Bitcoin Holder This Year — Analysts Expect $200K BTC Soon
Bitcoin could reach $200,000 next year, driven by institutional adoption and major market events, according to a new report. Analysts expect Wall Street to surpass Bitcoin’s pseudonymous creator, Satoshi Nakamoto, as the largest BTC holder. “By the end of 2024, we expect Wall Street to replace Satoshi as the top Bitcoin wallet,” they noted. Bitcoin […] Original
Hackers apparently steal $20m from US government wallets
U.S. government crypto wallets may be compromised, as observers alerted the public to suspicious on-chain transactions. According to Arkham, unknown hackers have possibly stolen $20 million in seized cryptocurrencies like Ethereum (ETH), Tether (USDT), and Circle USD Coin (USDC) from U.S. government-controlled addresses. The developing story, corroborated by on-chain sleuth ZachXBT on Telegram, might even involve funds confiscated from the Bitfinex hackers. Arkham stated that address 0xc9E received seized assets from at least one wallet mentioned in the Bitfinex court case documents. 𝗨𝗣𝗗𝗔𝗧𝗘: 𝗨𝗦 𝗚𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 𝗹𝗶𝗻𝗸𝗲𝗱 𝗮𝗱𝗱𝗿𝗲𝘀𝘀 𝗮𝗽𝗽𝗲𝗮𝗿𝘀 𝘁𝗼 𝗵𝗮𝘃𝗲…
XRP Could Rally 27% This Week In ‘Tremendous Move’
Este artículo también está disponible en español. The price estimate for XRP indicates a possible increase of 17%, perhaps attaining around $0.621196 by November 23, 2024, data from CoinCodex shows. Despite this favorable projection, the prevailing market sentiment is pessimistic, reflecting apprehension among investors. Related Reading The Fear & Greed Index stands at 69, indicating a market characterized by greed, which frequently results in heightened volatility. In the last 30 days, XRP has experienced 14 positive trading days, equating to around 47%, with a price volatility of 5.84%. Source: CoinCodex…
SEC Ramps up Crypto Oversight With New Examination Priorities for 2025
The U.S. Securities and Exchange Commission (SEC) is ramping up its scrutiny of crypto assets in 2025, intensifying examinations of firms involved in offering, trading, and advising on these assets. The agency will focus on how these assets are handled as securities, ensuring compliance with standards and assessing technological risks tied to blockchain. SEC Increases […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Microsoft Urges Shareholders to Vote Against a Proposal to Assess Bitcoin as a Diversification Investment: Filing
The National Center for Public Policy Research, a conservative think tank, has notified shareholders of Microsoft that it intends to propose a Bitcoin Diversification Assessment at the company’s annual meeting on Dec. 10, a filing shows. Source
Study: Trump Win Likely to Spark Bullish Trend in Crypto Prices
A recent study reveals that nearly two-thirds of surveyed U.S. citizens (64.7%) believe a Donald Trump or Republican victory in the presidential election would spark a bullish trend in crypto prices. This optimism stems from the Republican Party’s business-friendly reputation, which resonates with crypto enthusiasts. On the flip side, only 9.1% of respondents think a […] Source CryptoX Portal