11 days ago
(E)
🔥 NEW: BlackRock's Bold Prediction: Recession Could Drive Bitcoin's Next Bull Run
#bitcoin #blackrock #DigitalAssets
#bitcoin #blackrock #DigitalAssets
14 days ago
Trump's Crypto Reserve Plan: Understanding the Path to $500,000 Bitcoin
Standard Chartered analysts have suggested that a proposed "crypto reserve" plan by U.S. President Donald Trump could potentially drive Bitcoin prices to $500,000 if successfully implemented. This prediction highlights the significant impact such a policy could have on the #cryptocurrency market.
Reserve Implementation Details:
1. Current Holdings
- U.S. government already holds approximately 200,000 Bitcoin ($17 billion value)
- Assets obtained primarily through criminal seizures
2. Proposed Structure
- Will include five cryptocurrencies: Bitcoin, Ethereum, XRP, Solana, and Cardano
- No new taxpayer funding planned; utilizing existing seized assets
#bitcoin #standardchartered #crypto #Trump
Standard Chartered analysts have suggested that a proposed "crypto reserve" plan by U.S. President Donald Trump could potentially drive Bitcoin prices to $500,000 if successfully implemented. This prediction highlights the significant impact such a policy could have on the #cryptocurrency market.
Reserve Implementation Details:
1. Current Holdings
- U.S. government already holds approximately 200,000 Bitcoin ($17 billion value)
- Assets obtained primarily through criminal seizures
2. Proposed Structure
- Will include five cryptocurrencies: Bitcoin, Ethereum, XRP, Solana, and Cardano
- No new taxpayer funding planned; utilizing existing seized assets
#bitcoin #standardchartered #crypto #Trump
21 days ago
PancakeSwap Burns 9 Million+ CAKE Tokens Worth $15 Million
The multi-chain decentralized exchange PancakeSwap has announced the burning of 9,586,824 CAKE tokens, valued at approximately $15 million. This initiative is part of PancakeSwap's ongoing strategy to control CAKE’s supply and enhance its value.
📉 Net Weekly Emission: -752k CAKE (-$1.18M) -19%
💰 AMM V2: 333k CAKE ($523k) +129%
💰 AMM V3: 574k CAKE ($902k) -34%
💰 Other Sources (Prediction, Perpetual, etc.): 115k CAKE ($180k) +86%
🔥 Proof of burn: https://bscscan.com/tx/0x5...
#PancakeSwap #CAKE #tokenBurns
The multi-chain decentralized exchange PancakeSwap has announced the burning of 9,586,824 CAKE tokens, valued at approximately $15 million. This initiative is part of PancakeSwap's ongoing strategy to control CAKE’s supply and enhance its value.
📉 Net Weekly Emission: -752k CAKE (-$1.18M) -19%
💰 AMM V2: 333k CAKE ($523k) +129%
💰 AMM V3: 574k CAKE ($902k) -34%
💰 Other Sources (Prediction, Perpetual, etc.): 115k CAKE ($180k) +86%
🔥 Proof of burn: https://bscscan.com/tx/0x5...
#PancakeSwap #CAKE #tokenBurns
28 days ago
Bitcoin's weekend gains vanished as the Federal Reserve warned of a potential recession.
Bitcoin Drops 10% As Recession Seems Near
The price of Bitcoin has shown extreme volatility over the past few days. Last week, the Crypto Fear and Greed Index hit its lowest level since 2022, and Bitcoin looked very bearish due to several key factors.
Yesterday, Trump announced a crypto reserve that caused token prices to pump. However, that forward momentum has completely vanished today.
There are a few reasons that Bitcoin is looking so bearish right now. Essentially, Trump’s announcement may have only slapped a bandage on a very serious wound.
Last week, Bitcoin ETFs had their worst week ever, with $2.7 billion in outflows, as the Federal Reserve Bank of Atlanta predicted a 1.5% GDP decrease. Today, it has become even more pessimistic.
The Fed is now predicting that the US GDP will shrink 2.8% by the end of Q1 2025. From an economic perspective, this is apocalyptic compared to its predictions four weeks ago, which showed 3.9% growth.
Another important factor contributing to Bitcoin’s volatility is President Trump’s proposed tariffs. Some analysts have theorized that they aren’t the main cause, and that’s probably true.
However, the crypto market crashed when Trump recently announced 25% tariffs on the EU, joining ones on Canada, Mexico, and China.
If the US economy enters a recession, however, the downsides of that integration will fully reveal themselves.
#bitcoin #CryptoReserve #crypto #Trump #recession #USGDP #FED #bearish #Cryptocrash
Bitcoin Drops 10% As Recession Seems Near
The price of Bitcoin has shown extreme volatility over the past few days. Last week, the Crypto Fear and Greed Index hit its lowest level since 2022, and Bitcoin looked very bearish due to several key factors.
Yesterday, Trump announced a crypto reserve that caused token prices to pump. However, that forward momentum has completely vanished today.
There are a few reasons that Bitcoin is looking so bearish right now. Essentially, Trump’s announcement may have only slapped a bandage on a very serious wound.
Last week, Bitcoin ETFs had their worst week ever, with $2.7 billion in outflows, as the Federal Reserve Bank of Atlanta predicted a 1.5% GDP decrease. Today, it has become even more pessimistic.
The Fed is now predicting that the US GDP will shrink 2.8% by the end of Q1 2025. From an economic perspective, this is apocalyptic compared to its predictions four weeks ago, which showed 3.9% growth.
Another important factor contributing to Bitcoin’s volatility is President Trump’s proposed tariffs. Some analysts have theorized that they aren’t the main cause, and that’s probably true.
However, the crypto market crashed when Trump recently announced 25% tariffs on the EU, joining ones on Canada, Mexico, and China.
If the US economy enters a recession, however, the downsides of that integration will fully reveal themselves.
#bitcoin #CryptoReserve #crypto #Trump #recession #USGDP #FED #bearish #Cryptocrash
7 months ago
Shiba Inu To Reach 5 Cents? Here’s When SHIB Could Hit $0.05
Leading On-Chain Metrics and Price Prediction
Leading on-chain metrics and price prediction firm Telegaon has painted a bullish picture for SHIB. According to the price prediction, Shiba Inu could reach the 5 Cents mark sooner than expected.
Forecast for 2040
The firm has forecasted that Shiba Inu could reach the $0.05 milestone in the next 16 years in 2040. That’s considered a long-term holding spanning over a decade and a half. The forecast estimates that SHIB could reach a minimum price of $0.054 in 2040.
SHIB is currently trading at the price range of $0.000014. Therefore, an investment of $1,000 today in this price range could help you accumulate 70 million tokens. If SHIB hits $0.054 in 2040, the $1,000 investment could balloon to life-changing gains of $3.8 million.
Nonetheless, there is no guarantee that Shiba Inu will reach 5 Cents in 2040. The cryptocurrency market is volatile and could succumb to macroeconomic pressures.
It is advised to do thorough research before taking an entry position into SHIB and to trade at your own risk.
Leading On-Chain Metrics and Price Prediction
Leading on-chain metrics and price prediction firm Telegaon has painted a bullish picture for SHIB. According to the price prediction, Shiba Inu could reach the 5 Cents mark sooner than expected.
Forecast for 2040
The firm has forecasted that Shiba Inu could reach the $0.05 milestone in the next 16 years in 2040. That’s considered a long-term holding spanning over a decade and a half. The forecast estimates that SHIB could reach a minimum price of $0.054 in 2040.
SHIB is currently trading at the price range of $0.000014. Therefore, an investment of $1,000 today in this price range could help you accumulate 70 million tokens. If SHIB hits $0.054 in 2040, the $1,000 investment could balloon to life-changing gains of $3.8 million.
Nonetheless, there is no guarantee that Shiba Inu will reach 5 Cents in 2040. The cryptocurrency market is volatile and could succumb to macroeconomic pressures.
It is advised to do thorough research before taking an entry position into SHIB and to trade at your own risk.
9 months ago
AI Predictions: According to AI models, Bitcoin's price could rise substantially, potentially reaching as high as $149,245 by the end of 2024
9 months ago
(E)
Market dynamics point to $150,000 bitcoin, says John Divine
Bitcoin’s trajectory has been a hot topic in financial circles, and predictions about its end-of-year value are more diverse than ever. Roundtable anchor, Rob Nelson, recently delved into these forecasts with John Divine, Digital Asset OTC Trading at BlockFills, who remains steadfast in his bullish stance on bitcoin, projecting it to hit $150,000 by December 31st. #bitcoin150k #bullrun
Bitcoin’s trajectory has been a hot topic in financial circles, and predictions about its end-of-year value are more diverse than ever. Roundtable anchor, Rob Nelson, recently delved into these forecasts with John Divine, Digital Asset OTC Trading at BlockFills, who remains steadfast in his bullish stance on bitcoin, projecting it to hit $150,000 by December 31st. #bitcoin150k #bullrun
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9 months ago