The recent Bitcoin halving has sparked optimism among analysts, with predictions suggesting prices could reach as high as $4.5 million per coin, driven by limited supply and growing institutional interest. Bitcoin's potential as a sustainable mega-asset, supported by institutional investment and a narrative shift towards environmental friendliness, signifies a bold new era for the cryptocurrency.
WeatherlyThailand tightens controls on unlicensed crypto exchanges to combat financial crimes, urging public to withdraw funds and verify platform licenses to enhance safety and compliance.
MiyukiAs funds continue to flow out for the second consecutive week, global cryptocurrency funds are experiencing market uncertainty. Investors are worried about the long-term implementation of the Federal Reserve's high-interest rate policy, leading to decreased demand for cryptocurrency ETFs. Particularly in the U.S., ETFs suffered a withdrawal of $244 million.
AlexGeoff Kendrick, Head of Digital Asset Research at Standard Chartered, stated that due to the bullish setup of cryptocurrencies, Bitcoin's price could still more than double this year. Kendrick reaffirmed the company's price target of $150,000 during an interview with BNN Bloomberg last week, indicating a 127% increase in Bitcoin by the end of this year.
MiyukiProminent cryptocurrency founder MaxBecauseBTC predicts a bullish future for Dogecoin, which could potentially lead to increases in other altcoins.
WeiliangThe 12 projects, now defunct, collectively raised $26.7 million through a controversial fundraising technique called a presale.
CatherineVenezuelan Oil Minister Pedro Tellechea has affirmed the nation's embrace of diverse currencies, including digital ones, as outlined in contractual agreements.
KikyoBinance is sued for selling unregistered crypto derivatives, violating securities laws, with ongoing investigations by Ontario's authorities.
AlexMelania Trump steps up in support of her husband's struggling NFT ventures, launching her own successful collections, showcasing resilience and dedication. Donald Trump's crypto holdings, including a significant stake in MAGA Coin, raise questions amidst the couple's foray into NFTs and potential political ambitions.
WeatherlyThe International Monetary Fund has revealed in its latest report that Bitcoin has become an essential financial tool for preserving wealth.
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