An analyst says that the last opportunity to buy #Bitcoin at an attractive price may occur in the fall of 2023. After that, Bitcoin and the entire cryptocurrency market will enter a phase of active growth. As the crypto market has been in a bearish trend for about two years, speculation arises about what the best price to buy Bitcoin would be before the start of a new bullish rally.
Analyst believes Bitcoin price will drop to $25,000 Timothy Peterson, investment manager at Cane Island Alternative Advisors, believes Bitcoin could fall below the $25,000 level before the end of September 2023.
Hester Peirce, Commissioner of the United States Securities and Exchange Commission (SEC) comments on the implementation of a ban on Bitcoin. โYou would have to shut down the Internetโ Although the market capitalization #Bitcoin has surpassed one billion dollars, statements from government authorities and business leaders continue to stoke speculation that the United States will impose a ban on Bitcoin.
๐จ๐ฑ Chile says no to Bitcoin ๐ The Central Bank of Chile rules out investing in $BTC , arguing its high volatility as a risk for creating a treasury based on cryptocurrency. Is it a prudent decision or a missed opportunity? ๐ฌ๐"
๐จ The XRP fever: over 22 thousand new wallets in a day! ๐๐ According to data from Santiment, the XRP network is attracting a surge of new users with 22,357 wallets created in just 24 hours. Could this be the beginning of a new era for XRP? ๐ญ๐"
๐คฏ Full-blown Altseason! ๐๐ 85% of cryptocurrencies are outperforming Bitcoin. HBAR (+640%), XLM (+513%), and XRP (+394%) are leading the gains over the last 90 days. Is it time to diversify or do you prefer to stay loyal to BTC? ๐ญ๐"
Ethereum breaks records: Is its moment of glory approaching? ๐๐ Institutional investment in $ETH continues to grow. Last week, funds marked a record in revenue, and for the first time, Ethereum ETFs surpassed Bitcoin ETFs in a single day. Could this be the beginning of ETH's dominance in the crypto market? ๐ค๐"
Will Microsoft decide the future of Bitcoin? โณ๐ก In just 7 days, the tech giant could announce whether it will create a Bitcoin Strategic Reserve, a decision that could mark a before and after in the market. Do you think this will push the price up or will it just be noise? ๐ฌ๐"
"Bitcoin slightly retreats: what's happening? ๐๐ฐ Despite a positive flow of USD 338M towards ETFs and BlackRock already accumulating half a million of $BTC , the price of Bitcoin wakes up below USD 95K. Are we facing a healthy correction or a warning sign? ๐ค๐"
Binanceians, the end of the year is here and here is my summary of 2024 on Binance Square. Thanks to the more than 28k viewers on Binance Live and to all the guests who stopped by the channel. I also share with you the most held cryptos of the year $PEPE and $SHIB . Good decision? ๐ #2024WithBinance
Will Bitcoin, XRP, and Cardano come together on Wall Street? That is the new ETF proposal! The investment manager Bitwise has submitted a request for authorization to issue an exchange-traded fund that groups together 10 digital assets.