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“# Bitcoin price to hit $100K in 2021 or early 2022: Standard Chartered ” Industry experts see Tuesday’s crypto market plunge as a “false dip” while reiterating the $100,000 Bitcoin (BTC) price for the end of the year. In a new report by Standard Chartered’s cryptocurrency research unit, Bitcoin is predicted to hit $100,000 “in…
“# More countries to follow El Salvador’s Bitcoin move, Cardano creator says ” Following El Salvador’s historic adoption of Bitcoin (BTC) as legal tender on Tuesday, Cardano founder Charles Hoskinson predicted that a lot more countries will eventually follow in the Latin American country’s footsteps. El Salvador’s Bitcoin acceptance further legitimizes the belief that people…
“# Bitcoin rejects $51K after Michael Saylor reveals new BTC purchase — What’s next? ” Bitcoin (BTC) is currently facing a crucial resistance to break through after a massive rally of 70% since the recent low in July at $28,000. This resistance is found in the psychological area between $50,000 and $51,000 and can be…
“# Bitcoin bullish cross on weekly chart paints $225K BTC price target if history repeats ” Bitcoin (BTC) is wowing the market by holding $50,000, but a bullish metric is pointing to much larger potential gains. Data from TradingView now clearly shows that the weekly moving average convergence/ divergence (MACD) indicator for BTC/USD has flipped…
“# Bitcoin fractal that predicted 2020 rally flashes again as BTC price reclaims $40K ” A crossover between two Bitcoin (BTC) moving averages that appeared before the 2020 price boom hints at returning in 2021, just as the flagship cryptocurrency eyes a bullish breakout from its current $30,000-$40,000 trading range. The indicators in focus are…
“# Stablecoin market to have hit $1T by 2025, Unstoppable Domains CEO predicts ” The private stablecoin market will surge parabolically in the next four years despite the existing regulatory uncertainty, Unstoppable Domains CEO Matthew Gould believes. In a Thursday interview with Business Insider, Gould predicted that the stablecoin market would hit $1 trillion by…
“# Eth2 will help Ether outpace Bitcoin, Pantera Capital CEO predicts ” Amid the looming Ethereum London hard fork, Pantera Capital CEO Dan Morehead predicted that the upcoming upgrade would likely help Ether (ETH) outpace Bitcoin (BTC) as the largest cryptocurrency. As a newer cryptocurrency, Ether has more potential than Bitcoin, Morehead said at the…
“# Blockchain identity market to grow $3.58B by 2025, report claims ” A new report on the potential for blockchain identity management solutions to become integrated across sectors has forecast strong growth for its global market, at a compound annual rate of close to 71%. The report grounds its predictions on a study broken down…
“# Ethereum price can hit $14K if the March 2020 chart fractal holds ” Ethereum’s native asset Ether (ETH) faces prospects of closing above $14,000 sometime in 2021 based on its current trend’s striking similarity with the one from last year. Ether price fractal First spotted by user TradingShot, the Ethereum fractal involves three technical…
“# $60K is now more likely for Bitcoin than $20K, Bloomberg’s senior strategist asserts ” Bitcoin (BTC) has a better probability of recovering back to $60,000 than breaking below its current support level of $30,000 to target $20,000, believes Mike McGlone, senior commodity strategist at Bloomberg Intelligence. A screenshot from McGlone’s latest analysis on the flagship…