Bitcoin To $10 Million? Experts Predict Explosive Growth By 2035
In a new publication titled The Mustard Seed, Joe Burnett—Director of Market Research at Unchained—outlines a thesis that envisions Bitcoin reaching $10 million per coin by 2035. This inaugural quarterly letter takes the long view, focusing on “time arbitrage” as it surveys where Bitcoin, technology, and human civilization could stand a decade from now. Burnett’s argument revolves around two principal transformations that, he contends, are setting the stage for an unprecedented migration of global capital into Bitcoin: (1) the “Great Flow of Capital” into an asset with absolute scarcity,....
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Bitcoin has shown resilience by bouncing to its 200-day moving average since last Tuesday when it fell as low as $76,606, yet it remains below this key technical threshold. In this volatile market environment, a major whale has taken a contrarian position by establishing a highly leveraged short on Bitcoin perpetual futures via Hyperliquid. Huge Bitcoin Whale Goes Short According to data from Hyperliquid and blockchain analyst Lookonchain, the whale’s short position is valued at over $445 million and utilizes 40x leverage. This position comes with a liquidation price set at $85,940, and....
Several of the Bitcoin experts are expecting another Bitcoin bubble this year, although it will hopefully be a more legitimate one. The Bitcoin price will always remain a topic of significant debate, as there are those who feel the cryptocurrency is undervalued, whereas others predict stagnation or even a decline. Several Bitcoin experts weighed in with their thoughts recently, and there are some interesting responses, to say the least. The Bitcoin Price Throughout 2016 and 2017. There have been some spectacular Bitcoin price predictions in the past, and even though the value per BTC has....
Two names stand out for their unique offerings and growth potential: Ethereum (ETH) and Mpeppe (MPEPE). While Ethereum (ETH) has long been a dominant force in the blockchain world, Mpeppe (MPEPE), with its meme appeal and integration into decentralized finance (DeFi), is catching the attention of investors. Let’s dive into the profit predictions for these two coins as analysts forecast their performance for 2024, 2030, and 2035. Ethereum’s Steady Climb to 2024: What Can Investors Expect? Ethereum (ETH), a stable and reliable blockchain network, is expected to grow significantly by 2024 due....
CryptoQuant CEO Ki Young Ju announced today that Bitcoin’s bull cycle “is over” and warned investors to brace for “6–12 months of bearish or sideways price action.” This development comes after the on-chain analytics veteran had previously urged caution but maintained a measured outlook on the market as recently as two weeks ago. Is The Bitcoin Bull Run Over? In a post shared today via X, Ki stated:“Bitcoin bull cycle is over, expecting 6–12 months of bearish or sideways price action.” Related Reading: Bitcoin To $10 Million? Experts Predict Explosive Growth By 2035 Along with the comment,....
Citing explosive growth in Europe, bitcoin payment processor BitPay announced Monday that they are opening a larger office in Amsterdam, Netherlands. The new office will serve as headquarters for the company's European operations, and is located at Herengracht 458 (a 17th century building) in the Gouden Boch (Gold Bend) part of the city. Deutsche Bank has offices in the space. In addition to the new digs, the company has made some new hires. Timo Dijkstra will be serving as a Compliance Specialist. He was a Senior Compliance and Risk Consultant at PriceWaterhouseCoopers. Walter....