DeItaone
0 Following
0 Followers
0 Liked
0 Shared
šØ BITCOIN FORECAST: $130K THIS YEAR, UP TO $2.4M BY 2030?
Kalshi traders see Bitcoin peaking at $130K in 2024.
Cathie Wood's Ark Invest just revised their 2030 forecasts:
šø Bull Case: $2.4M/coin ā up from $1.5M, assuming tighter āactiveā supply and strong institutional adoption
šø Base Case: $1.2M/coin ā up from $710K, driven by Bitcoin as ādigital goldā and ETF-driven demand
šø Bear Case: $500K/coin ā slightly above the prior $300Kā$500K range, factoring in volatility and adoption risks
Kalshi traders see Bitcoin peaking at $130K in 2024.
Cathie Wood's Ark Invest just revised their 2030 forecasts:
šø Bull Case: $2.4M/coin ā up from $1.5M, assuming tighter āactiveā supply and strong institutional adoption
šø Base Case: $1.2M/coin ā up from $710K, driven by Bitcoin as ādigital goldā and ETF-driven demand
šø Bear Case: $500K/coin ā slightly above the prior $300Kā$500K range, factoring in volatility and adoption risks
*CELSIUS FOUNDER ALEX MASHINSKY GETS 12 YEARS FOR CRYPTO FRAUD
META IN TALKS TO DEPLOY STABLECOINS AFTER ABANDONING LANDMARK CRYPTO PROJECT: FORTUNE
BOC'S ROGERS: IF CRYPTO CURRENCIES BECOME A FORM OF PAYMENT, WE WOULD NEED TO INTRODUCE NEW LEGISLATION IN CANADA TO MAKE SURE WE HAVE PROPER PROTECTIONS IN PLACE
*BITCOIN RISES TO $100,000 FOR THE FIRST TIME SINCE FEBRUARY
BITCOIN COULD HIT NEW ALL-TIME HIGHS THIS QUARTER
Bitcoin may soon hit new all-time highs as investment surges, says Standard Chartered's Geoff Kendrick. Spot Bitcoin ETFs saw $5.3B in inflows over the past three weeks. Strategy (formerly MicroStrategy) has boosted its Bitcoin purchases, with the Swiss National Bank now buying its shares. Abu Dhabiās wealth fund and other long-term investors are also increasing holdings. StanChart forecasts Bitcoin to reach $120K by Q2. Itās currently up 2.7% at $99,379, after hitting a three-month high of $99,874.
Bitcoin may soon hit new all-time highs as investment surges, says Standard Chartered's Geoff Kendrick. Spot Bitcoin ETFs saw $5.3B in inflows over the past three weeks. Strategy (formerly MicroStrategy) has boosted its Bitcoin purchases, with the Swiss National Bank now buying its shares. Abu Dhabiās wealth fund and other long-term investors are also increasing holdings. StanChart forecasts Bitcoin to reach $120K by Q2. Itās currently up 2.7% at $99,379, after hitting a three-month high of $99,874.
$COIN - *COINBASE TO BUY CRYPTO OPTIONS PLATFORM DERIBIT IN $2.9 BILLION DEAL, EXECUTIVES SAY -- WSJ
*COINBASE DEAL FOR DERIBIT TO BE ANNOUNCED THURSDAY, EXECUTIVES SAY -- WSJ
*DEAL PRICE CONSISTS OF $700 MILLION CASH, 11 MILLION COINBASE CLASS A SHARES, EXECUTIVES SAY -- WSJ
*COINBASE DEAL FOR DERIBIT TO BE ANNOUNCED THURSDAY, EXECUTIVES SAY -- WSJ
*DEAL PRICE CONSISTS OF $700 MILLION CASH, 11 MILLION COINBASE CLASS A SHARES, EXECUTIVES SAY -- WSJ
CRYPTO STOCKS EXTEND GAINS PREMARKET AS BITCOIN HITS FRESH THREE-MONTH HIGH
šø COINBASE GLOBAL UP 4.3%
šø BITFARMS UP 3%
šø STRATEGY UP 4.8%
šø RIOT PLATFORMS UP 4.4%
šø CANAAN UP 6.8%
šø COINBASE GLOBAL UP 4.3%
šø BITFARMS UP 3%
šø STRATEGY UP 4.8%
šø RIOT PLATFORMS UP 4.4%
šø CANAAN UP 6.8%
$HOOD - *ROBINHOOD SAID TO PLAN BLOCKCHAIN TO TRADE US ASSETS IN EUROPE
TRADING PLATFORM ETORO'S US IPO IS SAID TO BE OVERSUBSCRIBED
FORMER TRUMP CRYPTO ADVISOR PLANS BITCOIN FIRM: INFORMATION
DAVID BAILEY PLANNING BITCOIN INVESTING FIRM: INFORMATION
DAVID BAILEY PLANNING BITCOIN INVESTING FIRM: INFORMATION
BESSENT: A CENTRAL BANK DIGITAL CURRENCY IS 'SIGN OF WEAKNESS'
$MSTR - MICROSTRATEGY PURCHASES 1,895 BITCOINS BETWEEN Apr 28 - May 04 AT AN AVERAGE OF $95,167 (TOTAL: $180.30M)
BUFFETT SAYS THERE COULD BE THINGS THAT WOULD HAPPEN IN US THAT WOULD "MAKE US WANT TO OWN A LOT OF OTHER CURRENCIES"
$MSTR - MICROSTRATEGY HAS A PLAN TO BUY EVEN MORE BITCOIN.
"MicroStrategy, now focused more on Bitcoin than software, reported a Q1 loss of $4.23B ($16.49/share), far worse than expected. Revenue fell 3.6% to $111.1M, missing forecasts. The company launched a bold new ā42/42 Planā to raise $84B over two years for Bitcoin purchases, following last yearās $42B ā21/21 Plan.ā Analysts say the stock remains a strong Bitcoin proxy, trading at 2.13x NAV, with solid performance despite market volatility."
"MicroStrategy, now focused more on Bitcoin than software, reported a Q1 loss of $4.23B ($16.49/share), far worse than expected. Revenue fell 3.6% to $111.1M, missing forecasts. The company launched a bold new ā42/42 Planā to raise $84B over two years for Bitcoin purchases, following last yearās $42B ā21/21 Plan.ā Analysts say the stock remains a strong Bitcoin proxy, trading at 2.13x NAV, with solid performance despite market volatility."
TETHER PREPARES US-BASED STABLECOIN AS SOON AS THIS YEAR: CNBC
BRITAIN TO BAN CONSUMERS BORROWING TO BUY CRYPTOCURRENCIES
The UK financial watchdog plans to ban retail investors borrowing money to invest in cryptocurrencies like bitcoin as it seeks to bring much of the fast-growing digital assets market under regulatory supervision for the first time.
The restrictions on lending for crypto purchases are part of a sweeping set of rules outlined by the Financial Conduct Authority on Friday, a few days after the government presented its plans to legislate for the digital asset market.
The UK financial watchdog plans to ban retail investors borrowing money to invest in cryptocurrencies like bitcoin as it seeks to bring much of the fast-growing digital assets market under regulatory supervision for the first time.
The restrictions on lending for crypto purchases are part of a sweeping set of rules outlined by the Financial Conduct Authority on Friday, a few days after the government presented its plans to legislate for the digital asset market.
Login to explore more contents