The price of bitcoin may spike to $90,000 by the end of the year, with the upcoming bitcoin halving in April having marginal impact on the price of the world's leading cryptocurrency, research firm Bernstein said in a new research note.
Analysts at the firm increased their price prediction for bitcoin by $10,000, predicting a climb from $80,000 to $90,000.
Bernstein expects 2025 to see bitcoin jump all the way to $150,000, based on ongoing positive price momentum for the world’s top cryptocurrency after the U.S. Securities and Exchange Commission’s approval in January of several spot bitcoin exchange-traded funds (ETFs). The new funds give investors a new opportunity to invest in exposure to the world's leading digital asset without needing to self-custody.$BTC #HotTrends #BTC #sol #BNBChain
BlackRock, the world's largest asset manager, today launched its first tokenized investment fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL).
Per its official statement, the move signals a major shift towards the integration of blockchain technology into traditional finance. The fund, built on the Ethereum network, aims to provide qualified investors with U.S. dollar yields accessible through Securitize Markets, LLC.
Ethereum was trading at $3,530.72 by 19:27 (23:27 GMT) on Wednesday, up 10.04% on the day. It was the largest one-day percentage gain since March 20.
The move upwards pushed Ethereum's market cap up to $424.04B, or 16.59% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $569.58B.
Ethereum had traded in a range of $3,063.60 to $3,530.83 in the previous twenty-four hours. $ETH
#ada resembles the pattern observed from 2018 to 2021.
Should this fractal continue, anticipate $ADA to consolidate in the $0.55 to $0.80 range in the coming weeks, followed by a surge to $1.70. After this upswing, expect a period of further consolidation, setting the stage for a breakout to $5. #BTC #HotTrends #sol #ADA/USD
Solana has had some massive value surges recently. Market charts reveal that Solana amassed a whopping one-year value surge of 759.10%, a figure that astounded even the most optimistic Solana holders. Solana currently sits at the $191 price mark after a 70% surge in one month