Bitcoin ‘Won’t Stop At $150K’ This Year, Research Firm Chief Says
A well-known market analyst believes Bitcoin is on track to reach new highs this year. Tom Lee, the co-founder of Fundstrat Global Advisors, expects the cryptocurrency to do “better than $150,000” by the end of 2025. Related Reading: BTC Repeats Historic Pattern—Is a Breakout Toward $100K Next? His latest comments come as Bitcoin struggles with recent volatility but remains a popular investment choice among institutional and retail traders. The co-founder of Fundstrat expressed his opinions on CNBC’s Squawk Box, referencing a variety of favorable fundamentals for the....
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Legislation under consideration in New York to stop Bitcoin mining over environmental concerns won’t stop an increasingly-green industry.
World Liberty Financial (WLFI), a DeFi group linked to US President Donald Trump, has added Sui (SUI) to its strategic reserves. The move is part of WLFI’s strategy to develop a broad portfolio that supports blockchain-based financial solutions. Related Reading: Bitcoin ‘Won’t Stop At $150K’ This Year, Research Firm Chief Says Sui Joins Other Major Crypto Assets Since its introduction in September 2024, WLFI has established a strong influence in the cryptocurrency space. Wrapped Bitcoin (wBTC) and Ethereum (ETH) are already in its reserve, and Sui is the latest addition. Donald Trump....
Only 7% of users who first interact with Ethereum will continue to do so even after a year, latest Token Terminal data on October 9 shows. This statistic means that roughly 93% of users will stop using the platform to transfer tokens or deploy smart contracts within a year. This suggests that the platform (or its […]
The newly-appointed Australian Securities Exchange (ASX) chief, Dominic Stevens, recently defended the company’s stake in blockchain research and development. ASX Blockchain To Replace ASX’s Clearing System In The Future. According to the Financial Times, ASX is steadfast towards implementing blockchain within its operations. This August, the firm....
This week was low on high-profile people news but high in community building and hard work. Everyone seems to be waiting to see where the chips fall before making any decisions. Except for the people of El Zonte, they can’t stop and won’t stop building. As the big September date approaches, we’ll see where everyone […]