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Analyst Michael van de Poppe allowed the BTC rate to rise to $600,000 in this market cycle
Cryptocurrency analyst Michael van de Poppe believes that the Bitcoin rate will begin to grow rapidly amid the launch of spot exchange-traded funds (ETFs) based on the asset in the United States. Thus, according to his forecast, the cost of BTC could increase to $300,000-600,000 in the current market cycle. As of January 12, 13:00 Moscow time, the first cryptocurrency is trading on Binance at $45,930, having decreased by 0.67% per day, while adding 4% over the week (data from CoinGecko).
Source: Twitter (NYSE:TWTR).com
#BitcoinWorld #Bitcoin-BTC #BTC!💰 #BTC-ETF. #btcnew99
$BTC
Cryptocurrency analyst Michael van de Poppe believes that the Bitcoin rate will begin to grow rapidly amid the launch of spot exchange-traded funds (ETFs) based on the asset in the United States. Thus, according to his forecast, the cost of BTC could increase to $300,000-600,000 in the current market cycle. As of January 12, 13:00 Moscow time, the first cryptocurrency is trading on Binance at $45,930, having decreased by 0.67% per day, while adding 4% over the week (data from CoinGecko).
Source: Twitter (NYSE:TWTR).com
#BitcoinWorld #Bitcoin-BTC #BTC!💰 #BTC-ETF. #btcnew99
$BTC
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Bitcoin ETFs take Wall Street by storm with their historic debut
Thursday's landmark approval of the first U.S. BTC ETF may have divided opinion on Wall Street over investment credentials in the cryptocurrency space, but what's important is that investors' long-held hopes for what an exchange-traded fund that invests directly in the world's largest digital currency will make money , have finally come true, writes Bloomberg.
It was a highly anticipated debut that came a day after the U.S. Securities and Exchange Commission gave the ETF the green light.
Applications from companies such as: BlackRock Inc. received approval. and Fidelity Investments: their shares worth $4.6 billion were sold out on the first day.
Such ETFs are the perfect springboard for wider adoption of digital assets by everyday investors, making the event the biggest first-day surge in ETF history.
BTC also saw a surge at one point, rising above $49,000 to levels last seen in 2021 before falling back to $44,075.
#BitcoinETF💰💰💰 #BitcoinWorld #BTC!💰 #BTC-ETF. #btcnew99
$BTC
Thursday's landmark approval of the first U.S. BTC ETF may have divided opinion on Wall Street over investment credentials in the cryptocurrency space, but what's important is that investors' long-held hopes for what an exchange-traded fund that invests directly in the world's largest digital currency will make money , have finally come true, writes Bloomberg.
It was a highly anticipated debut that came a day after the U.S. Securities and Exchange Commission gave the ETF the green light.
Applications from companies such as: BlackRock Inc. received approval. and Fidelity Investments: their shares worth $4.6 billion were sold out on the first day.
Such ETFs are the perfect springboard for wider adoption of digital assets by everyday investors, making the event the biggest first-day surge in ETF history.
BTC also saw a surge at one point, rising above $49,000 to levels last seen in 2021 before falling back to $44,075.
#BitcoinETF💰💰💰 #BitcoinWorld #BTC!💰 #BTC-ETF. #btcnew99
$BTC
BTC update
$BTC $ETH $SOL As of today, the price of converting 1 Tether (USDT) to Bitcoin (BTC) is BTC0.000022891. The price of Bitcoin in USDT is 43,170.00 USDT2, which is a 2.34% decrease from the previous day. The 24-hour high and low prices are 43,220.00 USDT and 42,055.00 USDT, respectively. The 24-hour trading volume is 32,467.17 BTC or 1,387,985,876.78 USDT2. #btcnew99 #Launchpool #BTC !💰
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Cathie Wood: With ETF Approval, Bitcoin Price Will Reach $1.5 Million by 2030
Cathie Wood, head of ARK Invest funds, is confident that Bitcoin could reach $1.5 million by 2030, writes Business Insider.
This optimism was prompted by the recent approval by the US Securities and Exchange Commission (SEC) of a number of spot Bitcoin ETFs.
But even Wood’s pessimistic forecast is more than 5 times the current price of BTC. According to her, in a bearish scenario, the price of the token could rise to $258,500.
Its base scenario is that the token price will reach $682,800.
#Bitcoin-BTC #BitcoinWorld #BTC!💰 #BTC-ETF. #btcnew99
$BTC
Cathie Wood, head of ARK Invest funds, is confident that Bitcoin could reach $1.5 million by 2030, writes Business Insider.
This optimism was prompted by the recent approval by the US Securities and Exchange Commission (SEC) of a number of spot Bitcoin ETFs.
But even Wood’s pessimistic forecast is more than 5 times the current price of BTC. According to her, in a bearish scenario, the price of the token could rise to $258,500.
Its base scenario is that the token price will reach $682,800.
#Bitcoin-BTC #BitcoinWorld #BTC!💰 #BTC-ETF. #btcnew99
$BTC
🚨 Solana🚀 (SOL), the "Ethereum Killer," records an incredible 300% growth vs ETH.
The Solana coin (SOL), which was once heralded as the "Ethereum killer" more than two years ago, has made a surprising comeback and strengthened its reputation by achieving an astounding 300% increase versus Ethereum (ETH) in the last few months.
A paradigm change has occurred in the cryptocurrency industry when SOL's value surged by an incredible 440%, reaching a peak of $118.3, a level not seen since April 2022.
The SOL/ETH price graph had an unheard-of rise at that time, hitting 0.051 ETH each Solana coin. Since December 2021, this rise has not been seen, and the tendency does not appear to be slowing down.
Interestingly, during Solana's explosive ascent, Ethereum was comparatively stable, giving rise to conjectures that Ethereum's supremacy may be ending.
Currently, the unanswered issue is if Solana can live up to its reputation as the "Ethereum killer" and set a new record high. ETH, however, has a difficult time catching up to the recent decline.
Given Solana's recent rise to popularity, industry watchers are wondering if the cryptocurrency space is seeing a default move toward the cutting-edge blockchain technology.
#sol #btcnew99 #Ethereum.to.outperform.Bitcoin #EthereumRally #ETH
The Solana coin (SOL), which was once heralded as the "Ethereum killer" more than two years ago, has made a surprising comeback and strengthened its reputation by achieving an astounding 300% increase versus Ethereum (ETH) in the last few months.
A paradigm change has occurred in the cryptocurrency industry when SOL's value surged by an incredible 440%, reaching a peak of $118.3, a level not seen since April 2022.
The SOL/ETH price graph had an unheard-of rise at that time, hitting 0.051 ETH each Solana coin. Since December 2021, this rise has not been seen, and the tendency does not appear to be slowing down.
Interestingly, during Solana's explosive ascent, Ethereum was comparatively stable, giving rise to conjectures that Ethereum's supremacy may be ending.
Currently, the unanswered issue is if Solana can live up to its reputation as the "Ethereum killer" and set a new record high. ETH, however, has a difficult time catching up to the recent decline.
Given Solana's recent rise to popularity, industry watchers are wondering if the cryptocurrency space is seeing a default move toward the cutting-edge blockchain technology.
#sol #btcnew99 #Ethereum.to.outperform.Bitcoin #EthereumRally #ETH
BTC update
#As of today, the price of converting 1 Tether (USDT) to Bitcoin (BTC) is BTC0.000022891. The price of Bitcoin in USDT is 43,170.00 USDT2, which is a 2.34% decrease from the previous day.
The 24-hour high and low prices are 43,220.00 USDT and 42,055.00 USDT, respectively. The 24-hour trading volume is 32,467.17 BTC or 1,387,985,876.78 USDT2.
#BTC!💰 #btcnew99 #binancesquareofficial #RedPacketGiveAway $BTC $ETH $BNB
#As of today, the price of converting 1 Tether (USDT) to Bitcoin (BTC) is BTC0.000022891. The price of Bitcoin in USDT is 43,170.00 USDT2, which is a 2.34% decrease from the previous day.
The 24-hour high and low prices are 43,220.00 USDT and 42,055.00 USDT, respectively. The 24-hour trading volume is 32,467.17 BTC or 1,387,985,876.78 USDT2.
#BTC!💰 #btcnew99 #binancesquareofficial #RedPacketGiveAway $BTC $ETH $BNB
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Bitcoin whale sold 2,742 BTC and made $75 million in profit
A Bitcoin whale recorded a profit of $75 million on its Bitcoin positions. Analysts consider this a sign of a top formation
The whales' actions suggest that large investors are moving into a risk-free mode, reducing the use of borrowed funds. On-chain indicators also confirm a potential trend reversal.
#Bitcoin-BTC #BTC!💰 #BTC-ETF. #btcnew99 #BitcoinETFs!
$BTC
A Bitcoin whale recorded a profit of $75 million on its Bitcoin positions. Analysts consider this a sign of a top formation
The whales' actions suggest that large investors are moving into a risk-free mode, reducing the use of borrowed funds. On-chain indicators also confirm a potential trend reversal.
#Bitcoin-BTC #BTC!💰 #BTC-ETF. #btcnew99 #BitcoinETFs!
$BTC
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