Bitwise’s Matt Hougan predicts $500,000 as bitcoin’s maturity threshold, with $1 million “absolutely” possible as BTC rises to compete with gold. Bitwise’s $500K Target for Bitcoin — Why $1M ‘Absolutely’ Could Follow Matt Hougan, chief investment officer at Bitwise Asset Management, shared his perspective on bitcoin‘s trajectory in a blog post on Tuesday, arguing that […] Original
Some in Trump’s circle, including crypto-fan Elon Musk, reportedly want him to dramatically weaken Kashkari’s employer, the Fed. Trump tried to fire current Fed Chair Jerome Powell in 2018, causing stocks to tank. Asked whether he would resign under Trump’s new administration, which begins in January, Powell said “no” last week. Source
“Traders appear to be snapping up bitcoin call options at the $100k strike price. Per CF Benchmarks’ data, the 30-day constant maturity 25 delta skew has now breached the 5 vol threshold, a near YTD high, which implies that there is much greater demand for upside exposure,” Thomas Erdösi, head of product at CF Benchmarks, told CoinDesk in an email. Source
The Consumer Price Index (CPI) rose 0.2% in October versus forecasts for 0.2% and a 0.2% rise in September, according to a government report on Wednesday morning.. On a year-over-year basis, the CPI was higher by 2.6%, also matching forecasts even as it rose from 2.4% in September. Original
It’s completely normal for such a pause to occur after a staggering $20,000 price surge in just a week, shattering previous lifetime peaks. Such pauses typically recharge bulls’ engines for the next leg higher and traders in the options market are positioning for a breakout to $110,000-$120,000, according to data shared by QCP Capital. Source
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s record-breaking surge above $80k boosts altcoins like Dogecoin and newcomer DTX Exchange, as experts predict BTC’s path to $100k. BTC’s price is surging toward the experts’ prediction of $100k. Currently trading above $80k, Bitcoin has broken the previous all-time high. This record-breaking performance in BTC price has driven potential coins higher. Dogecoin is among the top gainers, rising over 85% in the last seven days. This traction in…
Genius Group to prioritize bitcoin as the primary asset for its treasury. Smart Bitcoin Investment for Genius Group Genius Group, an AI-powered education and acceleration group has decided to adopt a “bitcoin-first” strategy, making bitcoin its primary treasury asset. The adoption of this strategy came after the company reorganized its board with the addition of […] Original
Arthur Hayes predicts bitcoin could hit $1 million, driven by Trump’s massive credit expansion policies, which he argues will fuel inflation and push investors toward hard assets like BTC. Arthur Hayes Sees a Million-Dollar Bitcoin Amid Shifting US Policies Arthur Hayes, co-founder and former CEO of crypto exchange Bitmex, predicts bitcoin could surge to $1 […] Original
Robert Kiyosaki shares the price level at which he will stop buying bitcoin, emphasizing discipline over greed as the market heats up. When to Stop Buying Bitcoin — Robert Kiyosaki Shares His Price Threshold Robert Kiyosaki, author of the financial classic Rich Dad Poor Dad, has shared his guidance on investing in bitcoin, including advice […] Original
The largest crypto retraced around 5% to the low-$85,000 level earlier Tuesday, shaking out some late leveraged buyers. The pullback didn’t last long, though, with prices quickly rebounding and clinching a new all-time high of $90,100 on Coinbase‘s BTC-USD pair towards the later hours of the U.S. session before giving back some of the gains. The CryptoX Bitcoin Index (XBX), which tracks pricing data from multiple exchanges, hit $89,971 as the price on Coinbase topped $90,000. Source CryptoX Portal