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Founder Michael Saylor said investors will get higher returns from Bitcoin than from any other asset. The company expects the price to reach $13 million and intends to continue buying. In 2025, the “digital gold rush” clock will start.MicroStrategy’s ultimate goal is to become a Bitcoin bank.The company won’t be lending out Bitcoin anytime soon like banks. But founder Michael Saylor said Wednesday that the company could profit from its core business of capital markets arbitrage.“The ultimate goal is to become a major Bitcoin bank or merchant bank, or even a Bitcoin financial company,” Saylor said in a fireside chat…
A crypto analyst and trader says Ethereum (ETH) is poised to fall to levels last recorded in late 2023. An analyst known by the pseudonym Kapo told 104,092 Telegram subscribers that Ethereum could fall by more than 26% from current levels. “Ethereum has been hovering between $2,000 and $2,800 for two months. It seems to be an accumulation range. But as we have said in the last few days, it will go from $1,800 to $2,000 (spring phase of the accumulation scheme). Final adjustments are likely to be made before expansion. Source: Capo/Telegram At the time of writing, Ethereum is…
Financial analyst Levi Rietveld suggested that owning 15,365 XRP could dramatically change your financial future. Rietveld emphasizes that XRP is poised for significant gains, especially as institutional adoption increases. His recommendations are based on the 30/70 rule, which advises long-term holders to be prepared to sell 30% of their holdings at market peaks. How owning 15,365 XRP can lead to massive wealth With 15,365 XRP, an investor can sell 5,000 tokens during the ongoing bull market. A forecast of $10 per XRP would give you a profit of about $50,000. But Rietveld sees even greater potential. He predicts that this…
Dogecoin could soar to previous levels, but analysts expect Katsi to do even better than the leader in the meme space. There is a lot of talk about the ‘future’ in the crypto market, with many crypto projects looking to recoup some of their losses and return to previous levels during traditionally bullish months. As expected, memecoin will join the bulls as industry leader Dogecoin (DOGE) attempts to return to $0.15 levels. Meanwhile, crypto experts are backing Cutushi (CUTO), a hybrid meme and Defi token. The pre-sale token aims to outperform DOGE in the profit race using the beckoning cat…
8 hours 05 minutes ▪ 4 minutes read ▪ Written by Michael A. Millennials have always been at the forefront of adopting new financial technologies. A recent study by Schwab shows that this group of investors is increasingly turning to cryptocurrencies, primarily through ETFs. This report reveals their strong interest in digital assets, placing them at the top of their investment priorities for next year. Why Millennials are betting on crypto ETFs It has long been known that millennials are adopting cryptocurrencies in large numbers. However, a study conducted by Schwab revealed that nearly half of millennials surveyed plan to…
Sponsored post* Recent market analysis points to a surprising trend. The Cardano (ADA) and Ripple (XRP) whales are quietly leaving. One of the investments they allegedly made is the upcoming Ethereum token, which has incredible growth potential. This Ethereum-based gem, RCO Finance (RCOF), is gaining attention with its ambitious goal of a 4,000x rally that could shake up the DeFi space. A massive bull market could be in the offing as Cardano and Ripple whales take aim at potential buyers. Cardano (ADA) is likely to enter a crisis phase Crypto analyst Ali Martinez believes Cardano (ADA) is in the “panic”…
Bitnomial issued a press release regarding the lawsuit, stating: “Given the recent landmark ruling by the Southern District of New York that XRP is not inherently a security and was not a security when traded in the secondary market, Bitnomial Exchange has determined that XRP futures are not securities. We are well placed to seek a court ruling that “futures are not.” Despite recent court losses, the SEC still maintains that XRP is a security. ” Stuart Alderotti, Ripple’s chief legal officer, said of the latest SEC filing: “If this were a law school Blue Book exam, the hypothetical scenario…
Sponsored post* Top analysts are predicting significant price increases in the crypto market, with Dogecoin reaching $50, XRP reaching $100, and ETFSwap (ETFS) reaching a staggering $150. It is expected. These bold predictions show the potential for big returns for investors who invest early. ETFSwap (ETFS) braces for historic surge to $150 ETFSwap (ETFS) is a new platform for customizing ETF and digital asset trading tools. ETFSwap (ETFS) is well-positioned to serve traditional and crypto investors by offering a number of tokenized ETFs for trading and investment, according to analysts. It is said that there is. Leading analysts expect ETFSwap…
Bitcoin and Ethereum spot ETFs ended the current session with net inflows, breaking the negative streak set last week. However, the situation surrounding ETH ETFs is once again quite underwhelming, to say the least. Demand for Bitcoin ETFs is back CryptoPotato reported a dire picture over the weekend regarding net inflows to 11 US-based spot Bitcoin ETFs. After eight consecutive days of net inflows, the tables have turned, with more than $274 million flowing out of goods for the entire week. But Monday got off to a very strong start, with $235.2 million in net inflows into the fund. Fidelity’s…
October 12, 2024Ravi Lakshmanan Cryptocurrency / Cybercrime The U.S. Department of Justice (DoJ) announced the arrest and indictment of multiple individuals and entities for allegedly manipulating digital asset markets as part of a widespread fraud scheme. The enforcement action, codenamed Operation Token Mirrors, is the result of the US Federal Bureau of Investigation (FBI) taking the “unprecedented step” of creating its own cryptocurrency token and company called NexFundAI. . According to information on its website, NexFundAI is touted as redefining “the intersection of finance and artificial intelligence” and aims to “act not only as a secure store of value, but…