From $2 Trillion To $400T? CEO Sees Bitcoin Exploding 200x – Here’s More
Jack Mallers, co-founder and CEO of Twenty One Capital, told NYSE TV that he expects Bitcoin to climb much higher from current levels. Related Reading: FalconX Moves 413K Solana Worth $98M – Impact On SOL Price According to Mallers, the size of global wealth available for savings gives Bitcoin room to grow in a big way. He made the bold remark that Bitcoin could be “100 to 200 times from here,” and his firm’s buying behavior appears to follow that view. Analyst’s 200x Bitcoin Claim According to Mallers, total global wealth across assets like stocks, property, gold and art is about....
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BitMine Immersion Technologies has added nearly $70 million worth of Ethereum to its holdings, pushing the company’s ETH stash to a value near $8.66 billion. Related Reading: From $2 Trillion To $400T? CEO Sees Bitcoin Exploding 200x – Here’s More Based on reports, the purchases were made through Galaxy Digital’s over-the-counter desk and arrived in several chunks rather than a single block. Purchase Broken Into Four Tranches The recent buys were split into four settlements: 3,247 ETH ($14.50 million), 3,258 ETH ($14.6 million), 4,494 ETH ($20 million), and 4,428 ETH ($19.75 million). That....
Shiba Inu is now entering the same space as some of the largest cryptocurrencies when it comes to discussing exchange-traded funds (ETFs). The SHIB coin is starting to gain notice as it appears on Coinbase’s radar. Coinbase already offers a futures product for Shiba Inu, and this step positions the meme coin for consideration as a future ETF. SHIB’s marketing lead claims the coin already has the necessary setup for this, while a market analyst predicts significant price growth. Both agree that momentum for SHIB is picking up now. Related Reading: From $2 Trillion To $400T? CEO Sees Bitcoin....
According to recent chart work and on-chain checks, some XRP backers say the token may be gearing up for another big move. Analysts who track past cycles point to patterns that played out in 2017 and 2018 and say similar moves could follow now. Related Reading: From $2 Trillion To $400T? CEO Sees Bitcoin Exploding 200x – Here’s More XRP Repeats Past Price Cycle Reports have disclosed that XRP broke a long downtrend in March 2017, running from about $0.0055 to roughly $0.40 by May 2017. After that first surge, the token cooled and traded sideways for around six months before shooting to....
The Elon Musk-owned X social media platform has gone public with claims that a bribery network tried to pay its staff to bring back suspended crypto accounts. According to the company, middlemen acted on behalf of banned users, offering money to insiders in hopes of overturning account suspensions tied to scams and market abuse. Related Reading: From $2 Trillion To $400T? CEO Sees Bitcoin Exploding 200x – Here’s More Bribery Network And Methods Based on the company posts and follow-up reporting, the scheme did not involve direct contact between banned users and staff. Instead,....
Dogecoin (DOGE) has surged 13% this week, climbing to $0.282, despite heavy selling pressure from investors. Over $1.63 billion worth of DOGE, nearly 5.81 billion tokens, have been moved to exchanges in September, signaling profit-taking and caution among traders. Related Reading: From $2 Trillion To $400T? CEO Sees Bitcoin Exploding 200x – Here’s More Long-term holders, who had previously offered stability, are also shifting assets according to the coin days destroyed (CDD) metric, often a sign of potential downside risk. However, the bullish rally remains strong, mainly driven by....