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Bitcoin Set To Soar To $200,000 Post-Halving: Skybridge Founder
In a recent interview on the future of Bitcoin, Anthony Scaramucci, the founder and managing partner of Skybridge Capital, has made a compelling prediction that the Bitcoin price could potentially reach $200,000 following its forthcoming halving event. This forecast comes at a time of considerable volatility within the crypto markets, exacerbated by recent geopolitical tensions and broader economic uncertainty.
Bitcoin Poised To Hit $200,000
During the interview, Scaramucci provided insights into the forces he believes will drive Bitcoin’s price in the coming months. “Well, I mean, look, you could get shocks like wars and you could get, you know, God forbid a terrorist calamity or something like that that could take Bitcoin down 10 or 15%,” he explained. Despite potential short-term setbacks, Scaramucci emphasized the underlying demand dynamics bolstering Bitcoin’s price, particularly highlighting the influence of new financial products like ETFs and the growing interest from institutional investors.
In a recent interview on the future of Bitcoin, Anthony Scaramucci, the founder and managing partner of Skybridge Capital, has made a compelling prediction that the Bitcoin price could potentially reach $200,000 following its forthcoming halving event. This forecast comes at a time of considerable volatility within the crypto markets, exacerbated by recent geopolitical tensions and broader economic uncertainty.
Bitcoin Poised To Hit $200,000
During the interview, Scaramucci provided insights into the forces he believes will drive Bitcoin’s price in the coming months. “Well, I mean, look, you could get shocks like wars and you could get, you know, God forbid a terrorist calamity or something like that that could take Bitcoin down 10 or 15%,” he explained. Despite potential short-term setbacks, Scaramucci emphasized the underlying demand dynamics bolstering Bitcoin’s price, particularly highlighting the influence of new financial products like ETFs and the growing interest from institutional investors.
Binance: All the factors that helped BNB find its footing in 2024:
1-The discussions around Binance have gradually shifted from its legal troubles to its dominance.
2-Binance spot and derivative volumes reached 2021 levels.
3-BNB remained above the $500 threshold.
•Recent reports indicated that Binance [BNB] has made significant strides in recovering from its recent challenges.
•According to data by CCData, Binance has attracted the highest spot and derivative volume in the last three years. Additionally, its native token, BNB, has managed to maintain its position among the top five assets.
1-The discussions around Binance have gradually shifted from its legal troubles to its dominance.
2-Binance spot and derivative volumes reached 2021 levels.
3-BNB remained above the $500 threshold.
•Recent reports indicated that Binance [BNB] has made significant strides in recovering from its recent challenges.
•According to data by CCData, Binance has attracted the highest spot and derivative volume in the last three years. Additionally, its native token, BNB, has managed to maintain its position among the top five assets.
Bitcoin Whale Buys $1 Billion Worth of Assets: Bullish Outlook?
The cryptocurrency market has recorded activities from Bitcoin whales in recent times with speculations of increased sentiments.
The cryptocurrency market has recorded activities from Bitcoin whales in recent times with speculations of increased sentiments.
Ripple (XRP) Price Analysis: Can It Fall Below $0.50?
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Insights on Altcoin Market: Price Predictions for FLOKI, BONK, and XRP
In Brief
Altcoin investors face a downturn as Bitcoin's slump affects the market.
Price consolidations could lead to higher peaks, as seen in early 2024.
Current charts for FLOKI, BONK, and XRP reveal potential market movements.
Altcoin investors have been disappointed in the last 24 hours as a decline in BTC prices has painted the crypto markets red. The negativity on the first day of April should not imply that the whole month will be terrible. We had seen that after such consolidation processes throughout the first quarter of 2024, the market often reached higher peaks. So, what do the current chart views tell us about FLOKI, BONK, and XRP?
FLOKI Price Prediction
In March, it reached its all-time high and greatly benefited from the bull market’s momentum. Afterwards, as meme coin investors showed interest in other new meme coins on the WIF and Solana networks, FLOKI took a hit. Since March 21st, the price has been consolidating and is now nearing a breakout.
To set new all-time high levels, we should start seeing closures above $0.000255. On the flip side, if a decline begins, losing the $0.000216 support could lead to a drop to $0.000155 and then $0.000109.
In Brief
Altcoin investors face a downturn as Bitcoin's slump affects the market.
Price consolidations could lead to higher peaks, as seen in early 2024.
Current charts for FLOKI, BONK, and XRP reveal potential market movements.
Altcoin investors have been disappointed in the last 24 hours as a decline in BTC prices has painted the crypto markets red. The negativity on the first day of April should not imply that the whole month will be terrible. We had seen that after such consolidation processes throughout the first quarter of 2024, the market often reached higher peaks. So, what do the current chart views tell us about FLOKI, BONK, and XRP?
FLOKI Price Prediction
In March, it reached its all-time high and greatly benefited from the bull market’s momentum. Afterwards, as meme coin investors showed interest in other new meme coins on the WIF and Solana networks, FLOKI took a hit. Since March 21st, the price has been consolidating and is now nearing a breakout.
To set new all-time high levels, we should start seeing closures above $0.000255. On the flip side, if a decline begins, losing the $0.000216 support could lead to a drop to $0.000155 and then $0.000109.
We know this is an unpopular opinion BUT technically, Bitcoin is ripe for a move to the downside.
On the monthly chart, we can see that we've completed a major wave 1 impulse and now we're in a wave 2 correction. We're looking for one more move down to complete this wave 2.
See monthly chart below:
It looks as if we're making a 535 correction and therefore, we believe we'll be moving towards the 20k region to complete wave C.
Please note that we are still bullish on Bitcoin, as well as Crypto. We're looking for any buying opportunities to hold for the long term!
We'll be loading up for the long term anywhere below 20k region.
What do you guys think?
Goodluck and as always, trade safe!
See our previous setups below:
#crypto #bitcoin #cryptocurrency #blockchain #ethereum #btc #forex #trading #money #cryptonews #cryptotrading #bitcoinmining #cryptocurrencies #investing #eth #investment #bitcoinnews #bitcoins #nft #business #invest #entrepreneur #binance #forextrader #bitcointrading #trader #investor #bitcoincash #litecoin #finance
On the monthly chart, we can see that we've completed a major wave 1 impulse and now we're in a wave 2 correction. We're looking for one more move down to complete this wave 2.
See monthly chart below:
It looks as if we're making a 535 correction and therefore, we believe we'll be moving towards the 20k region to complete wave C.
Please note that we are still bullish on Bitcoin, as well as Crypto. We're looking for any buying opportunities to hold for the long term!
We'll be loading up for the long term anywhere below 20k region.
What do you guys think?
Goodluck and as always, trade safe!
See our previous setups below:
#crypto #bitcoin #cryptocurrency #blockchain #ethereum #btc #forex #trading #money #cryptonews #cryptotrading #bitcoinmining #cryptocurrencies #investing #eth #investment #bitcoinnews #bitcoins #nft #business #invest #entrepreneur #binance #forextrader #bitcointrading #trader #investor #bitcoincash #litecoin #finance
PlayDapp ($PDA )is a cryptocurrency that has experienced significant volatility, as evidenced by its recent price plunge of 75%. Despite this downturn, there are indicators suggesting a potential recovery, with a projected upward trajectory to reach $0.25. With a fully diluted valuation of $49,089,595 and a circulating supply of 585,537,756, PlayDapp holds promise in the crypto market. Its total supply of 700,000,000, alongside a maximum supply matching that figure, suggests a stable foundation for growth. As the crypto landscape evolves, PlayDapp aims to position itself as a resilient asset, poised for resurgence amidst market fluctuations.
🔴🔻BREAKING: SEC and #Ripple have JUST FILED A JOINT Motion to SEAL Discussions regarding a settlement brief for #XRP scheduled for March 22.
The #XRP Ledger is will FACILITATE the MOST Volume within #defi, CTF token on the #XRPL has only 120 million supply with less than QUARTER of XRP's market, CTF could easily move from $0.43 to $981.91!!
The #XRP Ledger is will FACILITATE the MOST Volume within #defi, CTF token on the #XRPL has only 120 million supply with less than QUARTER of XRP's market, CTF could easily move from $0.43 to $981.91!!
XRP Price Crumbles Under Pressure As Ripple And SEC Race To Meet Deadlines
XRP price consolidates below $0.6 resistance after a 15% drop in a week, dwindling the hopes of climbing to $1 in March.
#HotTrends #XRP/USDT🔥🔥
XRP price consolidates below $0.6 resistance after a 15% drop in a week, dwindling the hopes of climbing to $1 in March.
#HotTrends #XRP/USDT🔥🔥
XRP#Ripple CEO Considers IPO
Outside US Due to Regulatory
Hostility”
According to Foresight News, Ripple CEO Brad Garlinghouse revealed in an interview with CNBC that the company is exploring the possibility of an initial public offering (IPO) outside the United States due to the
'hostility' of US regulators. Ripple is considering listing in jurisdictions with clear rules, but an IPO is not a priority for the company at the moment. Garlinghouse stated that Ripple would reassess the possibility of listing in the US after the Securities and Exchange Commission (SEC) appoints a new chairperson. Previously, Garlinghouse told CNBC in 2022 that Ripple would explore going public after the lawsuit with the SEC concludes.
In addition, Garlinghouse confirmed that the company repurchased $285 million worth of shares this month, bringing the total amount of shares repurchased to $1 billion.
Outside US Due to Regulatory
Hostility”
According to Foresight News, Ripple CEO Brad Garlinghouse revealed in an interview with CNBC that the company is exploring the possibility of an initial public offering (IPO) outside the United States due to the
'hostility' of US regulators. Ripple is considering listing in jurisdictions with clear rules, but an IPO is not a priority for the company at the moment. Garlinghouse stated that Ripple would reassess the possibility of listing in the US after the Securities and Exchange Commission (SEC) appoints a new chairperson. Previously, Garlinghouse told CNBC in 2022 that Ripple would explore going public after the lawsuit with the SEC concludes.
In addition, Garlinghouse confirmed that the company repurchased $285 million worth of shares this month, bringing the total amount of shares repurchased to $1 billion.
