Bitcoin faces new ‘milestone’ in 2022 as new forecast predicts BTC price ‘in ...
Gold surpassing Bitcoin’s returns this year is “unlikely,” says Mike McGlone, while former BitMEX CEO Arthur Hayes predicts seismic changes for both assets in the coming years. Bitcoin “may be primed” for a quantum leap in its development thanks to inflation this year, a Bloomberg analyst has claimed.In a tweet on March 17, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, released a fresh bullish take on Bitcoin’s (BTC) future under the current macro conditions.Gold beating Bitcoin is “unlikely” this yearWell known for his belief in Bitcoin coming from the latest global....
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Investing directly in Bitcoin turned out to be a better bet than owning Coinbase stock since its IPO. Buying a Coinbase stock (COIN) to gain indirect exposure in the Bitcoin (BTC) market has been a bad strategy so far compared to simply holding BTC. Notably, COIN is down by nearly 50% to almost $186, if measured from the opening rate on its IPO on April 14, 2021. In comparison, Bitcoin outperformed the Coinbase stock by logging fewer losses in the same period — a little over 30% as it dropped from nearly $65,000 to around $41,700BTC/USD (orange) vs. COIN price (blue). Source:....
The financial results weren’t all positive, however, as the Bitcoin miner posted a surprise loss in the fourth quarter. Canadian cryptocurrency miner Hut 8 posted mixed financial results on Thursday, as revenue and mining profitability soared while overall net income declined — underscoring a volatile end to the year for Bitcoin (BTC) and the broader digital asset market. The Toronto-based company, which trades publicly on the Nasdaq and TSX, saw its revenues surge to $45.69 million ($57.901 million CAD) in the fourth quarter of 2021, up from $10.25 million ($12.986 million CAD) the year....
Mike McGlone, senior commodity strategist at Bloomberg Intelligence, predicts that Bitcoin will hit $100,000 by 2025 and says that he expects the cryptocurrency market to flourish as a “revived bull market.” Popular trader Credible Crypto shares McGlone’s fearless forecast. . Last month, Credible Crypto published an updated forecast for Bitcoin’s price trajectory, pointing to BTC […]
Finder’s panel has always shared thoughts regarding bitcoin and where they see the price going over the next months, and even years to come. In the last year, there have been some bullish predictions from the panels, but as time has gone on, these experts have begun to adjust their predictions to fit the current market. The most recent of these panels have revealed their thoughts on the digital asset and it is adjusted even lower. 11% Growth By Year-End The Finder’s panel shared their thoughts on where they believe the price of the digital asset will be ending up. According to them, they....
Kim Dotcom, in his latest tweet, predicts the Bitcoin price to hit $2000 in the next two years after the launch of MegaUpload 2.0 and BitCache. Kim Dotcom, the internet entrepreneur has yet again reiterated his forecast for Bitcoin price in the coming days. In his latest tweet, Kim states that the launch of MegaUpload 2.0 and BitCache will soon ensure the price of Bitcoin to cross $2000 in the next two years. Kim Dotcom’s tweet comes as a reply to one of the Twitter user’s question, asking him whether he thinks the price of Bitcoin will rise because of MegaUpload 2.0 and BitCache. Kim has....