📊Trading and investing are two areas of financial activity that attract many people with their earning potential, but can also cause fear and indecision.
Many new traders and investors have difficulty making decisions in the stock market due to lack of experience and fear of losing money.

According to analysts at investment firm QCP Capital, the soft US consumer price index (CPI) figures are creating a positive backdrop for risky assets such as cryptocurrencies and stocks. The news sent the price of Bitcoin past $61,200.
QCP Capital pointed to data from the US Department of Labor, which showed that the CPI grew at an annualized rate of 2.9% in July 2024. On a monthly basis, excluding volatile components such as food and energy, the index rose by 0.2%.

Japanese investment firm MetaPlanet recently made a significant deal, acquiring 57.1 bitcoins for $3.38 million. However, its shares fell 6% on the back of the purchase, which may indicate growing investor skepticism about the volatility of the crypto market.
The average purchase price was approximately $59,237 per bitcoin. According to MetaPlanet representatives, a loan of 1 billion yen (about $6.8 million) was allocated for this purchase, which is planned to be used entirely for further investments in the first cryptocurrency.

👽Famous investor Tim Draper, who previously predicted that Bitcoin would reach $250,000 by June 2023, now believes that this will happen by 2025🪐

🌐In his opinion, the reason for the delay was the aggressive actions of American bureaucrats, in particular the Securities and Exchange Commission (SEC), against crypto companies, which forced many businessmen to leave the United States🔤

Vitalik

The co-founder of Ethereum believes that the network of the first cryptocurrency needs scalable second-layer solutions to become something more than just a payment network. Vitalik Buterin shared his vision with listeners in the TwitterSpaces audio room. As examples of a possible move beyond just a payment system, the expert cited Ethereum’s ongoing experiments with approaches to scaling as “potential sources of inspiration for network developers.”