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The #1 Bitcoin and Crypto news daily show 7 days a week. Your one-stop source for all the latest Cryptocurrency, Ethereum and BTC breaking news. The only podcast where 'stackin' sats' is a way of life. Seeking daily premium content? Then you're in the right place here! Stay informed with the best premium Crypto content on the planet. HODL!
1075: BITCOIN RAINBOW CHART INDICATES BOTTOM IN WITH NEW BTC RALLY REACHING $626K ON THIS DATE!!
The Bitcoin Rainbow Chart indicates that the BTC price may have bottomed out. According to the chart, if Bitcoin price follows the long-term ongoing pattern, the king crypto (BTC) could reach the ‘Maximum Bubble Zone’ represented by dark red which shows the Bitcoin price could reach $626,383 by October 9, 2024.
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43:4215/10/2022
1074: BITCOIN REALLY IS THE ANSWER - KANYE WEST RESPONDS TO BEING CANCELED BY JPMORGAN CHASE!!
In today's breaking Bitcoin News, conservative influencer and political commentator, Candace Owens shared a letter on Twitter that shows JPMorgan Chase allegedly closed the bank account of Kanye West (also known as Ye). As far back as 2020 on the Joe Rogan podcast, Kanye West revealed the ‘True Liberation Of America’ could be Bitcoin and after this recent bank cancelation it couldn't be anymore obvious that the king crypto (BTC) really is the answer.
“Earlier today I learned that [Kanye West] was officially kicked out of JP Morgan Chase bank,” Owens tweeted on Wednesday. “I was told there was no official reason given, but they sent this letter as well to confirm that he has until late November to find another place for the Yeezy empire to bank.”
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45:2814/10/2022
1073: ARK INVEST STANDS BY PREDICTION BITCOIN WILL TOP $1 MILLION PER COIN!!
Ark Investment Management analyst Yassine Elmandjra is standing by his firm’s prediction that the Bitcoin price will shoot past the million-dollar mark, despite this year’s massive crypto sell-off in the digital currency.
Cathie Wood, the fund manager behind Ark’s flagship innovation-themed ETFs, forecast earlier this year that the world’s largest cryptocurrency (BTC) would top $1 million per coin by 2030. Yet, coin holders and miners have been selling off Bitcoin en masse in 2022 as the Federal Reserve continues to aggressively tighten monetary policy, driving investors away from riskier asset classes, such as crypto.
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37:0814/10/2022
1072: MORGAN CREEK CAPITAL CEO DOUBLES DOWN ON $250K BITCOIN PREDICTION - HERE’S WHEN!!
Morgan Creek Capital CEO Mark Yusko remains confident that the Bitcoin price is still going to reach $250,000 (as he has predicted several times in the past):
“I absolutely positively believe that Bitcoin is digital gold… I think it is a better form of value storage. I absolutely believe that. Gold – $10 trillion above ground. Half of it [is] in jewelry and chalices – that doesn’t count. The monetary value of gold [is] about $5 trillion.
So $5 trillion from [BTC’s market cap of] $400 billion today, that’s [a] 10x. [A] 10x from here at $20,000 is $200,000. Round it, my numbers are off a little bit, to that $250,000 number. Seems easy to me to get to $250,000 because you got a few lost or stolen coins. No problem...
Every halving we had a zero – first halving was $10, second halving was $100, third halving was a $1,000 [and] fourth halving was $10,000, so that means that next halving is $100,000.“
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39:0012/10/2022
1071: BITCOIN EN ROUTE TO 40X GAINS, SAYS CRYPTO ANALYST WHO CALLED MAY 2021 BTC COLLAPSE!!
A popular crypto analyst known for calling the Bitcoin May 2021 collapse thinks BTC is en route to 40x gains over the long term.
The pseudonymous analyst known as Dave the Wave tells his 127,500 Twitter followers that if Bitcoin matches gold’s market cap in the future, that will equal a surge of about 40x.
“How about a Bitcoin 40x? Beats a 10x buy. Over a 20 year period, works out to 17% compounded.”
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37:4311/10/2022
1070: ANDREW TATE RALLIES BEHIND BITCOIN AND SAYS THAT MONEY IS TRASH!!
Hustlers University founder Andrew Tate reveals flipping a $600,000 Bitcoin investment back in March 2020 when BTC was trading at around $5,000 into $12,000,000 profit.
In a Tate Confidential Tatespeech, Andrew Tate also explains why he rallies behind the king crypto (Bitcoin) and explains why fiat money is trash.
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41:5610/10/2022
1069: BITCOIN TO IGNITE 6-FIGURE PARABOLIC RALLY IN 2023, SAYS TOP CRYPTO TRADER!!
Crypto analyst, anonymously known as Credible, informs his 338,500 followers over Twitter that Bitcoin will soon see an end to the bear market and begin a bull rally targeting a six-digit BTC price level.
As per the analyst, Bitcoin has not yet dropped towards $14,000, confirming the currency’s move towards the fifth wave targeting $100,000.
"I am expecting at least 100k, not 300k+, likely somewhere around 150k-ish."
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39:5009/10/2022
1068: TOP CRYPTO STRATEGIST PREDICTS MASSIVE BITCOIN IMPULSE BREAKOUT - HERE’S THE TIMELINE!!
A popular crypto trader and analyst is predicting Bitcoin will see a major impulse breakout of the BTC price within months. His chart shows an arrow reaching toward $31,000.
The pseudonymous trader Kaleo tells his 535,700 Twitter followers he expects BTC to experience a step toward a higher accumulation range, topping out at $25,000, followed by a larger breakout.
Since July, he notes the king cryptocurrency price has fluctuated around the same range for the past three months.
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37:5708/10/2022
1067: Bitcoin to Surpass $12 Million by 2031 Fueled by Collapsing Dollar, Says Ex-Hedge Fund Manager!!
Robert Breedlove, the founder of crypto investment firm Parallax Digital has suggested that Bitcoin (BTC) stands a big chance of recording a significant spike in future mainly driven by a drop in the purchasing power of the dollar.
According to Breedlove, his model places Bitcoin to trade at $12.5 million by 2031, a value equivalent to $1 million based on today’s purchasing power, he said during an appearance on Altcoin Daily podcast on September 13.
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54:3307/10/2022
1066: Here’s What ‘Max Pain’ Could Look Like for Bitcoin HODL’ers, According to Top On-Chain Analyst!!
A popular on-chain Bitcoin analyst claims the current crypto bear market hasn’t yet sent as many BTC underwater as previous cryptocurrency bear markets.
BTC analyst Willy Woo notes that showing how many Bitcoin are at a lower value compared to their purchase price is “one way of visualizing maximum pain.”
Woo’s chart indicates that Bitcoin’s 60% underwater level is currently hovering around $10,000.
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23:3706/10/2022
1065: MICHAEL SAYLOR SAYS BITCOIN IS 100X BETTER THAN GOLD AND WILL EXPLODE TO $500K PER BTC!!
Michael Saylor, the chairman and cofounder of software company turned Bitcoin acquisition vehicle MicroStrategy, has predicted the value of the king crypto (BTC) will overtake gold within ten years - potentially giving Bitcoin a $500,000 price and a market capitalization of $10 trillion.
"The next logical stop for bitcoin is to replace gold as a non-sovereign store of value asset," Saylor told MarketWatch this week, adding gold is a $10 trillion asset. "Bitcoin is digital gold, it's 100-times better than gold and if bitcoin goes to the value of gold it goes to $500,000 per bitcoin."
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24:5305/10/2022
1064: STOCK-TO-FLOW CREATOR PLANB BOUGHT MORE BITCOIN AND EXPLAINS WHY NOW HIS 3RD EVER BTC INVESTMENT!!
The creator of the Bitcoin Stock-to-Flow (S2F) model – PlanB – admitted that recently he made his third BTC investment. At the time of the purchase, the primary crypto was hovering around $20,000.
Due to its significant price depreciation compared to the all-time high of $69,000 in November 2021, many people proclaimed Bitcoin dead in the past several months. However, PlanB revealed that each of his crypto investments was at a time when pessimism was reigning.
"My first bitcoin investment was in 2015 at ~$400 (yellow circle). Most people said bitcoin was dead.
My 2nd investment was in 2018 at ~$4000 when I published the S2F model. Most people said bitcoin was dead.
My 3rd investment is now at ~$20,000. Most people say bitcoin is dead."
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25:3504/10/2022
1063: TOP CRYPTO ANALYST PREDICTS MASSIVE 6-FIGURE BITCOIN RALLY NEXT YEAR!!
A popular crypto analyst has predicted that Bitcoin is on a bullish path to reach six figures in 2023. Known pseudonymously as Credible, the analyst made the BTC prediction on his Twitter handle while addressing his over 300k followers.
"Momentum. Which is why estimates must be within a range- it can vary. I am expecting at least 100k, not 300k+, likely somewhere around 150k-ish. But will know more as PA develops and the move actually starts."
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26:0203/10/2022
1062: BITCOIN DYNAMIC POWER CYCLE MODEL PREDICTS $350K BTC PEAK ON THIS EXACT DATE!!
A crypto price model for Bitcoin coined DPC (Dynamic Power Cycle) has been updated showing the next projected cycle peak of $350,000 per BTC occurring on October 13th, 2025.
"Bitcoin DPC price model - Quarterly update (Oct 2, 2022)
- Current projection: $22K ($13-39K)
- Projected cycle trough (Oct 3, 2022): $22K ($12-38K)
- Projected cycle finish (Apr 25, 2024): $83K ($48-150K)
- Next projected cycle peak (Oct 13, 2025): $200K ($110-350K)"
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25:4402/10/2022
1061: BITCOIN PRIMED FOR A BULLISH OCTOBER!! | XRP PREDICTED TO HIT $589 BY THE SIMPSONS?!
According to the crypto host of InvestAnswers, Bitcoin could hit up to $26,000 over the next four weeks based on the average return for October.
“If Bitcoin can hold in and around its level, it’ll be better than previously…
Looking forward to October, the average return for October is 28.42%, which would take the Bitcoin price up to about $25,000 – $26,000. So, we’ll see if it goes there. Twenty-five thousand dollars is where we were not too long ago, and we could easily get back to that level.”
In other trending Crypto news today:
XRP jumps 20% in a matter of hours amid SEC’s latest setback in Ripple lawsuit while the Simpsons predict XRP price to skyrocket to $589 EOY.
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25:3301/10/2022
1060: Ex-Hedge Fund Manager Makes Massive Eight-Figure Bitcoin Prediction for Year 2031!!
A former hedge fund manager says that Bitcoin could be worth well into the millions of dollars by the year 2031.
According to Robert Breedlove, the deterioration of the US dollar (USD) will be the key factor in the king crypto (BTC) price explosion.
“I have a public prediction that the US dollar is basically hyperinflated to zero, or close to it, by the year 2035…
I’m going to stand by that prediction today. I know the DXY [US dollar index] is way up recently but I sort of expect this thing to get volatile before it breaks down. If that is the case, then I have a matching Bitcoin price prediction of $12.5 million US per Bitcoin by the year 2031.”
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25:4729/09/2022
1059: GLOBAL BOND MARKET MELT DOWN "BONDPOCALYPSE" WILL DRIVE BITCOIN 20x TO $400,000, SAYS MAX KEISER!!
Bitcoin bull Max Keiser is predicting the king crypto (BTC) to 20x in price to $400K per coin, and says $220K in 2022 still in play and can happen in a flash, driven by the "Bondpocalypse".
"As the global band market melts down all it would take is for 7 - 8% of that fleeing bond money to flow into #Bitcoin to 20x BTC TO $400,000.
$220,000 in 2022 still in play, driven by the BONDPOCALYPSE.
Bitcoin is decoupling. The move to $220,000 can happen in a flash."
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25:2128/09/2022
1058: TOP CRYPTO ANALYST SHARES CONSERVATIVE BITCOIN MODEL REACHING $3.4 MILLION PER COIN - HERE’S WHEN!!
Popular crypto analyst InvestAnswers thinks Bitcoin could be worth millions of dollars per BTC within eight years under the assumption that people will continue to flock to the leading cryptocurrency asset.
“Not hopium, just math, and we do expect it to slow down, but the key takeaway here is if Metcalfe’s Law holds, the conservative model has Bitcoin reaching $3.4 million by the year 2030. That may seem completely impossible, completely ridiculous, outlandish, compared to where we are right now, but anyway, let’s go more into what’s happening. Again, this is about adoption, it’s an arms race, it’s game theory, whatever you want to talk about it.”
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25:1827/09/2022
1057: MAX KEISER PREDICTS BITCOIN WILL REACH $1 MILLION PER COIN, TAPPING INTO A $400 TRILLION TAM!!
The high priest of Bitcoin, Max Keiser predicts the king crypto (BTC) continuing to eat into the global financial $400 trillion TAM (total addressable market), sending the Bitcoin price soaring to a minimum of $1 million per coin.
"The total addressable market for Bitcoin would be $400 trillion, that’s the total sum of global financialized world. Bitcoin will eat that essentially, so we’re going to see a lot higher prices, $1 million - $2 million per BTC."
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26:1326/09/2022
1056: BITCOIN WILL HIT $500K, IT’S 100 TIMES BETTER THAN GOLD, SAYS MICHAEL SAYLOR!!
Despite the fact that Bitcoin has lost over 73% of its value since its all-time high in 2021, BTC bull and MicroStrategy co-founder and CEO Michael Saylor is unfazed.
“I think that the next logical stop for Bitcoin is to replace gold as a non-sovereign store of value asset and gold is a $10 trillion asset as we speak. Bitcoin is digital gold, it’s 100x better than gold,” Saylor said during the Money Festival hosted by MarketWatch on Wednesday.
“The half-life of money in crypto is forever. You can move it on billions of computers at the speed of light. So if Bitcoin goes to the value of the yellow metal, it’s going to $500,000 per coin, and I think that happens this decade,” Saylor pointed out.
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25:5925/09/2022
1055: PLAN B PREDICTS BITCOIN TO 50X REACHING $1 MILLION PER COIN IN 2025 POST BTC HALVING!!
Quant crypto analyst PlanB, creator of the notorious Bitcoin stock-to-flow model (S2F) is now predicting the Bitcoin price to soar 5x-50x from it's current price reaching $100K - $1 million per coin in the next 3 years.
"IMO 2024 halving will (again and in line with S2F) have a big (lagged or front-run) impact on Bitcoin. My prediction: BTC will be $100K-$1M in 2025 (yellow square), 5x-50x from current $19K next 3 yrs. This forecast is not accurate, but better roughly right than precisely wrong."
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25:3024/09/2022
1054: MICHAEL SAYLOR DOUBLES DOWN ON $500K BITCOIN, SAYS NEXT LOGICAL STEP FOR BTC IS TO REPLACE GOLD!!
MicroStrategy’s Michael Saylor thinks Bitcoin will reach $500K - $1,000,000 per coin in the next years if it matches the market capitalization of gold.
“The next logical step for bitcoin is to replace gold as a non-sovereign store of value asset.”
Last year, he outlined the merits of the king crypto (BTC) and claimed that it is 50 times better than the precious metal. This summer, he doubled down on that stance, saying the asset is “obviously better than gold and everything that gold wants to be.”
Instead of going to zero (as some might predict given its recent price decline), Saylor envisioned it will shoot up to $1 million in the years to come.
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25:2523/09/2022
1053: BITCOIN WILL EAT INTO GLOBAL FINANCE UNTIL IT'S $1M-$2M PER COIN, SAYS MAX KEISER!!
World renowned Bitcoin maximalist Max Keiser and Stacy Herbert of the Max and Stacy report project the king crypto (BTC) tapping into the $400 trillion total addressable market, sending Bitcoin to $1 million - $2 million per coin.
"The total addressable market for Bitcoin would be $400 trillion, that’s the total sum of global financialized world. Bitcoin will eat that essentially, so we’re going to see a lot higher prices, $1 million - $2 million per BTC."
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24:4322/09/2022
1052: ROYAL FAMILY OF DUBAI COMPANY PARTNERS WITH COINCORNER TO ACCELERATE BITCOIN TRANSACTIONS IN UAE!!
BREAKING NEWS: CoinCorner, a global leader in Bitcoin and Lightning Network services, has partnered with Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, to facilitate Bitcoin transactions in The United Arab Emirates (UAE).
“Apart from individuals, a large number of companies are ready to embrace Bitcoin and other crypto as legal tender for future transactions,” said Hisham Al Gurg, CEO of Seed Group and the Private Office of Sheikh Saeed bin Ahmed Al Maktoum.
“The UAE wants to offer a growth-oriented environment to fintech companies by establishing an ecosystem for digital currencies. Companies dealing in cryptocurrencies hold huge potential in the Emirates’ digital economy.”
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25:0821/09/2022
1051: BLOOMBERG ANALYST DOUBLES DOWN ON BIG $100,000 BITCOIN PREDICTION - HERE’S HIS TIMELINE!!
Bloomberg’s lead commodity analyst Mike McGlone is doubling down on his forecast for a six-figure Bitcoin price tag.
In a new interview with Kitco News, crypto expert McGlone says that adoption and demand for Bitcoin appear to be gaining enough steam to push BTC to $100,000 in less than three years.
“Here’s the key thing about Bitcoin. To me, it’s a matter of time before it gets to $100,000. The key fact is by code, the supply is going down. You can’t change it. Adoption and demand are increasing. Unless you expect that to reverse – which I don’t – I think it’s going to accelerate. Every sign I see it’s accelerating. It will continue appreciating. It’s just a matter of time."
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25:0320/09/2022
1050: BITCOIN BETTER THAN PHYSICAL PROPERTY FOR COMMONERS, SAYS MICHAEL SAYLOR - $2M BTC PREDICTION!!
MicroStrategy CEO and Bitcoin advocate Michael Saylor doubled down on his support for the king crypto (BTC) as he explained the issues related to transferring the value of physical properties such as gold, company stocks or equity and real estate during the Australia Cryptocurrency Convention.
“There’s no price target. I expect we’ll be buying bitcoin at the local top forever. And I expect Bitcoin is going to go into the millions. So we’re very patient. We think it’s the future of money.”
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25:3217/09/2022
1049: MICHAEL SAYLOR EVISCERATES BITCOIN FUD AS WHITE HOUSE RELEASES CRYPTO REGULATORY FRAMEWORK!!
BREAKING NEWS: White House publishes crypto framework for regulation of Bitcoin and digital assets while Microstrategy executive Michael Saylor publishes open letter discussing the "sheers volume of misinformation' tied to BTC.
Michael Saylor is a big believer in Bitcoin as his company has purchased close to 130,000 BTC during the last few years as Saylor predicts bitcoin hitting $600,000 a coin, and eventually $6 million.
In November, Saylor said that bitcoin was “unstoppable” and will “emerge as a $100 trillion asset class.” The CEO has repeatedly said that BTC will replace gold.
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26:0616/09/2022
1048: $320K BITCOIN PREDICTION WITH $16 TRILLION CRYPTO MARKET CAP, ACCORDING TO CONSULTING GIANT BCG!
Boston Consulting Group (BCG) believes that blockchain technology presents a massive business opportunity by 2030, predicting a $16,000,000,000 Crypto tokenized market cap which suggest a $320,000 - $1,020,000 Bitcoin price action based on the entire cryptocurrency tokenized market cap growing 16x -51x in value.
The global consulting giant says in a new report that “on-chain asset tokenization” can help address the challenge posed by asset illiquidity.
“The total size of illiquid asset tokenization globally would be $16 trillion by 2030.”
The value of tokenized assets is currently at $310 billion.
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23:1315/09/2022
1047: BIG THINGS HAPPENING SOON FOR BITCOIN, ACCORDING TO POPULAR CRYPTO TRADER!!
A popular crypto strategist and trader says a potential shift that could end Bitcoin’s (BTC) multi-month downtrend is on the horizon.
Cryptocurrency analyst Kevin Svenson tells his 69,200 YouTube subscribers that Bitcoin is on the verge of taking out its diagonal resistance that has kept the market bearish since November 2021.
“This long-term [downtrend line], from $69,000 all the way down on the linear scale, we’re potentially at breakout point to break the macro downtrend on linear… But also we have the weekly RSI, which we’re currently about to break out of. So Bitcoin has some potential bullish pivots coming, potentially [a] bullish trend shift.”
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25:2614/09/2022
1046: 34.4 MILLION RETAIL CUSTOMERS TO BE OFFERED BITCOIN AND CRYPTO SOON BY $4.2 TRILLION ASSET MANAGER!!
$4.2 trillion asset management firm Fidelity Investments is reportedly working toward offering Bitcoin (BTC) and crypto trading services to its 34.4 million retail investor base, according to Galaxy Digital CEO Mike Novogratz and people familiar with the matter.
While Fidelity hasn’t officially confirmed plans to incorporate crypto onto its retail platform, Novogratz told a conference audience in New York on Tuesday, that the move may be just around the corner:
“A bird told me that Fidelity, a little bird in my ear, is going to shift their retail customers into crypto soon enough.”
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25:2313/09/2022
1045: BITCOIN PROJECTED TO REACH $1 MILLION PER COIN, SAYS MICHAEL SAYLOR!!
With the Ethereum Merge release scheduled for Sept. 13th, reaching $1,000,000 per Bitcoin by 2030 is still inevitable, and a pretty popular projection.
Crypto trading platform BitMEX's ex-CEO Arthur Hays made precisely that prediction four months ago. Famous cryptocurrency investor Cathie Wood set the same target in April 2022.
Serial entrepreneur Anthony Pompliano took the stage at the same BTC 2022 event to say that Bitcoin could reach $500,000 or $1,000,000 in the near future -- but anything beyond that would require a social collapse and total meltdown of the US dollar.
In early June, MicroStrategy (NASDAQ: MSTR) chairman Michael Saylor doubled down on his bullish price predictions in a CNBC interview: "It's not going to zero. If it's not going to zero, it's going to a million because it's obviously better than gold at everything that gold wants to be."
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25:4012/09/2022
1044: BITCOIN WILL PEAK AT $937K, SAYS TOP CRYPTO EXCHANGE - HERE’S WHEN!!
Bitcoin is set to explode in price after the next halving in 2024 with many crypto experts projecting a minimum price target of $100,000 and according to cryptocurrency exchange Changelly, BTC might peak at around $937,000 in 2030, with an average trading price of $798,000 per coin.
“We must think about the long-term implications of Bitcoin and Proof-of-Work cryptocurrencies. Once mined, this will be the next main store of value as gold once was. The halving is set to occur in 2024, and this will, by definition, increase the USD price of Bitcoin by quite a bit. For this reason, I believe this is the time to buy. Once the halving happens, BTC will be worth at least $100,000.”
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24:4811/09/2022
1043: BITCOIN IS ON TARGET TO HIT $2.11 MILLION PER BTC BY THIS DATE!!
By carrying out a rudimentary extrapolation of Bitcoin price movements of the previous four year halving cycles, the king crypto (BTC) is on a run rate to hit $2.11 million by January 2030.
Using the extrapolation from January 2017 to an extrapolated May 2024 projected price of $108,000 and incorporating a 1-year price increase of 413% between May 2024 and May 2025, BTC could hit $446,000.
Incorporating the estimated 413% increase between May 2028 and May 2029, BTC would be on target to hit $2.08 million by May 2029, giving BTC a January 2030 value of $2.11 million.
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25:3610/09/2022
1042: BITCOIN HAS BOTTOMED AND ON CUSP OF $300K BULL MARKET RALLY, SAYS CEO OF $4.5 BILLION CRYPTO FUND!!
The founder and CEO of crypto asset fund Pantera Capital, Dan Morehead, is expressing bullish sentiment on Bitcoin, predicting a 15x rally over the next 5 years, suggesting a $300,000 BTC price action.
Asked to reveal his end-of-year and five-year price target for Bitcoin, the Pantera Capital CEO says that the flagship crypto asset is likely to maintain the average annual growth rate of 150% “for a while.”
“Bitcoin as a proxy for the industry has averaged 2.5x a year for eleven years. So that’s always kind of my standard forecast is that it will probably keep going at that same growth rate for a while.”
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24:2609/09/2022
1041: BITCOIN IS A ‘WILD CARD’ SET TO OUTPERFORM, SAYS BLOOMBERG CRYPTO ANALYST - BTC $95 MILLION COME UP!
Bloomberg crypto analyst Mike McGlone has labeled Bitcoin (BTC) a “wild card” which is “ripe” to outperform once traditional stocks finally bottom out.
“Bitcoin is a wild card that’s more ripe to outperform when stocks bottom, but transitioning to be more like gold and bonds.”
Meanwhile, separate observations from monitoring resource Whalemap focused on a potential sale of 5,000 BTC, which had previously stayed dormant since Christmas 2013.
"Someone cashed out 5000BTC yesterday making a whopping a $95,000,000 profit.
Original price of acquisition was $698 for him which is a 2800% increase from current price."
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25:1908/09/2022
1040: Bank With $489 Billion In Assets Explains How Bitcoin and Crypto Can Reach Mainstream Mass Adoption!
The largest bank in Singapore is backing Bitcoin, crypto and blockchain tech despite the regulatory uncertainty and market downturn.
According to a new report from the Financial Times, DBS CEO Piyush Gupta says the recent cryptocurrency slump shows the need for regulated financial institutions to offer digital asset products.
DBS first rolled out its crypto exchange for institutional and accredited investors in late 2020, offering trading services for Bitcoin (BTC), Ethereum (ETH), XRP and Bitcoin Cash (BCH). Earlier this year, Gupta announced plans to further expand its crypto offerings.
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24:5007/09/2022
1039: HERE’S WHAT CAN TRIGGER MASSIVE BITCOIN RALLY TO ALL-TIME HIGHS: CRYPTO VETERAN BOBBY LEE!!
Crypto veteran and Bitcoin OG Bobby Lee says he remains bullish on Bitcoin (BTC), Ethereum (ETH) and the wider cryptocurrency market despite the recent downturn.
In an interview with Bloomberg, Lee says that if the predictions for a severe crypto winter fail to materialize, Bitcoin and Ethereum will easily go back to their all-time highs recorded in November of 2021.
The crypto veteran says that the upgrade that will see Ethereum transition from a proof-of-work (PoW) consensus mechanism to proof of stake (PoS) will serve as the catalyst that will see the two crypto assets rally back to their record highs.
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25:4106/09/2022
1038: CRYPTO TYCOON RICHARD HEART DOUBLES DOWN ON BITCOIN CRASH TO $11K PREDICTION!!
HEX founder Richard Heart predicted exclusively to Watcher Guru in May 2022 that Bitcoin will crash to $11,000. At the time of his prediction, BTC was trading at $29,915, and four months later now, it is at $19,000.
Watcher Guru reached out to the crypto tycoon again if he still believes that BTC is headed towards $11,000. Heart doubled down on his predictions claiming that Bitcoin will crash to $11K dipping 85% from its all-time high of $69,044, which it reached in November 2021.
“Bitcoin will continue to fall down to $11,000 as long as the grayscale discount to NAV exists. It’s the normal 85% price dip Bitcoin does. Mt GOX coins being released is more potential sell pressure,” he said to Watcher Guru.
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25:2405/09/2022
1037: VITALIK BUTERIN MAKES BOLD BITCOIN PREDICTION FOR YEAR 2042, SAYS ONE BIG ISSUE AWAITS BTC!!
Ethereum (ETH) creator Vitalik Buterin has an idea for what the state of Bitcoin (BTC) will look like twenty years from now.
In a new interview with economist Noah Smith, Buterin says that in the medium term, he thinks crypto assets including Bitcoin and Ethereum will become about as volatile as gold or the stock market, moving away from the big bubble and crash phases of the past.
The cryptocurrency visionary also says that even though crypto could satisfy a few key narratives in the next two decades, mainstream adoption is going to be the biggest factor in determining the fate of digital assets.
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24:5104/09/2022
1036: Top Crypto YouTuber Boldly Predicts $500k Bitcoin and $3 Dogecoin by This Date!
Matt Wallace, a well-known crypto influencer, predicts we could see Bitcoin at over $500k and Dogecoin (DOGE) over $3 by the end of 2024.
“We are barely beginning to scratch the surface of crypto adoption,” says Wallace. “Crypto solves so many problems that its meteoric rise is inevitable! BTC is the best store of value, and Dogecoin is the most popular currency in the crypto space. Together they will dominate the world economy. $500,000 Bitcoin isn’t just possible; it’s inevitable. As BTC rises, Dogecoin will have a clear path to well over $3,” Matt told TechBullion.
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24:4703/09/2022
1035: Unbelievable Bitcoin Forecast Predicts BTC Hitting $800K or More - Here’s When!!
The current BTC price prediction has Bitcoin hovering around $200K by 2027. By 2030, the average projection is sitting at half a million dollars! And by 2032, the king crypto (BTC) could hit $800K or more.
Even though, these are lofty Bitcoin price expectations, major players such as the Winklevoss Twins, Cathie Wood of Ark Invest and cryptocurrency exchange Changelly are all sticking to these forecasts.
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24:5002/09/2022
1034: DC Attorney General Sues Michael Saylor and MicroStrategy for Tax Evasion! $2M Bitcoin Prediction!
Karl Racine, Attorney General for the District of Columbia in the United States, has announced that his office has sued business intelligence firm MicroStrategy and its Bitcoin bullish co-founder Michael Saylor for charges related to tax evasion.
However, there is no shaking Saylor’s confidence, who assured that there is no price target for the king crypto at which MicroStrategy will begin liquidating its BTC holdings. Even as the market-wide meltdown evaporated trillions of value, the leading Bitcoin maximalist and his company is patiently holding firm.
“There’s no price target. I expect we’ll be buying bitcoin at the local top forever. And I expect Bitcoin is going to go into the millions. So we’re very patient. We think it’s the future of money.”
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25:3001/09/2022
1033: Bitcoin Double-Bottom Can Spark BTC Rally to $30K Despite ‘Extreme Fear’!
Bitcoin price double-bottom and then to $30K?
The conflicting upside signal comes from a potential double-bottom pattern on the BTC longer-timeframe charts against the United States dollar. Double-bottoms are bullish reversal patterns that resemble the letter W due to two lows and a change in direction from downside to upside.
Meanwhile, a double-bottom’s upside target is found after measuring the distance between the pattern’s peak (neckline) and lowest levels and adding the outcome to the breakout point, as illustrated below. In other words, a potential 50% price rally taking the king crypto to the $30K level.
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26:0131/08/2022
1032: Crypto Experts Say Bitcoin Can Still Hit $100K In 2022 - Here’s How!!
It’s been a rocky start to the year for Bitcoin, but crypto experts still say it will hit $100,000 per coin - and that it’s more a matter of when, not if.
Despite the volatility and recent slumping price, many experts still say BTC is on its way to passing the $100,000 mark, though with varying opinions on exactly when that will happen. And a recent study by Deutsche Bank found that about a quarter of Bitcoin investors believe Bitcoin prices will be over $110,000 in five years.
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27:0130/08/2022
1031: HERE’S THE WORST CASE SCENARIO FOR BITCOIN AND CRYPTO MARKETS, ACCORDING TO TOP ANALYST!!
Analyst Benjamin Cowen is detailing a potential worst case scenario for Bitcoin and the crypto markets at large.
If this bearish cryptocurrency market structure plays out, the total market cap of all cryptocurrencies would finally reach a bottom at around the $500 billion mark, which suggest a Bitcoin price bottom of about $10,000 per BTC.
“This is something to consider. It’s the worst case scenario. I have no idea if it’s going to play out or not, but it’s something that everyone I think should consider when navigating the cryptoverse."
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26:3429/08/2022
1030: BITCOIN WILL RALLY TO $200K BUT FIRST CRASH TO $10K PREDICTS TOP CRYPTO ANALYST!!
A widely followed crypto analyst says that Bitcoin could follow in the historical footsteps of gold and spark a massive 6-figure rally but notes that the king cryptocurrency (BTC) has further to fall first.
“We could start to see an asset trade very similar to gold. I’m going to make the case today about how Bitcoin could very well be that asset, especially after going through a steady decline of 75% or so far, and will likely go through a decline of around 80 to 85% at bare minimum…
After that, we can have really green pastures for Bitcoin, starting [to] charter into that six-digit territory that many people have talked about since the previous bull market, towards $100,000, $200,000, you name it, as people start to lose faith in the base currency, the dollar being the world reserve currency.”
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26:2928/08/2022
1029: Shark Tank’s Kevin O’Leary Says Bitcoin Won’t Break $25K Until One Major Thing Happens!
Shark Tank investor Kevin O’Leary is casting doubt on the ability of Bitcoin to rally above the $25,000 price level under the prevailing conditions.
O’Leary says in a Stansberry Research interview that the BTC price is stagnating because the lack of cryptocurrency regulation is hindering institutional investment in the space.
"I’m going to predict that crypto and particularly Bitcoin will be locked between $20,000 and $25,000 until we get policy. It’s not going to go anywhere because there’s not enough buyers. You need to tap trillions of dollars being managed by sovereign wealth, and they are not going to buy Bitcoin until there’s regulation.”
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26:0827/08/2022
1028: Mastercard Will Let Binance Users Spend Bitcoin at 90+ Million Stores - Mass Crypto Adoption!!
The chief executive officer of Mastercard says that the credit card giant is teaming up with leading crypto exchange Binance to boost Bitcoin and cryptocurrency payments for everyday purchases.
“We can unlock the full potential of blockchain technology when we make it easier to access + easier to use. One way we do that is by bringing crypto to everyday purchases.
Users can enjoy a seamless transaction in which their cryptocurrencies are converted to fiat currency in real-time at the point of purchase, as well as earn up to 8% in crypto cashback on eligible purchases and enjoy zero fees* on ATM withdrawals.”
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26:2526/08/2022
1027: Bitcoin Is Going to $1 Million Best Case, Says Macro Guru Raoul Pal - Here’s When!
Crypto bull and Real Vision CEO Raoul Pal says that Bitcoin can still erupt en route to outperforming other asset classes in the next 10 years even in his worst-case scenario.
"I rode it up $1,000, so it went up 5x in two months, then went all the way back down 85%. I just held it because I wanted to treat it like an option. I had a 10-year view.
I said it’s probably going to $100,000 worst case, $1 million best case over the next 10 to 20 years.”
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25:1924/08/2022
1026: Arcane Research Predicts $2 Million Bitcoin With BTC Mining Cost Less Than 0.5% of Global Energy!
Bitcoin, the world’s most-valued cryptocurrency, has the potential to be a significant energy consumer in the future, but only if it reaches several million dollars per coin, according to new estimates by Arcane Research.
Crypto research and analytics firm Arcane Research on Monday released a report estimating the development in Bitcoin’s energy usage toward 2040.
If the BTC price hits $2 million in 17 years, Bitcoin may consume 894 Terawatt-hours (TWh) per year, surging 10 times from today’s level, the report suggests. Despite huge growth, such energy consumption would only account for 0.36% of the estimated global energy consumption in 2040, increasing from Bitcoin’s 0.05% share today, the analyst estimated.
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26:3523/08/2022