The Cardano founder, Charles Hoskinson, has projected a bullish new timeline for Bitcoin to reach a $10 trillion market cap. Notably, he shared this update in a recent interview with popular pundit David Lin on Wednesday. The former Ethereum co-founder looked beyond the recent price volatility, predicting a bullish outlook for Bitcoin in the next
The digital asset world is buzzing as UK-based web development firm Smarter Web Company (SWC) announces a significant expansion of its crypto portfolio. This move reinforces the growing trend of corporate entities embracing digital currencies. The company has just purchased an additional 45 BTC (Bitcoin), bringing its total holdings to an impressive 2,440 BTC. This
Recent volatility in the cryptocurrency market suggests that Bitcoin (BTC) is at risk of further loss of value, according to an analysis firm. According to analysis by research firm K33, the increase in leveraged positions and the strong capital flow into Ethereum (ETH) could put the leading cryptocurrency under pressure in the short term. K33
Bitcoin, the bellwether cryptocurrency, appears to be in the process of forming an inverse head and shoulders (iHS) pattern. Bitcoin is currently changing hands at $111,491, CoinGecko data shows. The cryptocurrency has dipped by 2% over the past 24 hours. Potential bullish reversal This is a bullish reversal pattern, which typically signals the start of
Story Highlights The enactment of the Bitcoin Reserve Act is vital under the Donald Trump administration as promised on the campaign trail. Senator Cynthia Lummis has been leading other lawmakers to pass the Bitcoin Act soon. The U.S. intends to establish budget-neutral ways to acquire more BTCs. Former White House Crypto Director, Bo Hines, currently
Bitcoin may outperform every major asset over the next decade, according to a new Bitwise report projecting a 28% annual growth rate. The firm cites rising institutional demand, scarce supply, and growing concerns over fiat currency debasement as key drivers for the rally. Summary Bitwise projects Bitcoin could grow 28.3% annually over the next decade,
Legendary trader Peter Brandt claims that Bitcoin bulls desperately need to reclaim the $117,570 level in order to avoid a “potential” double top. The leading cryptocurrency is currently changing hands at $111,794 after dipping to an intraday low of $100,381. Huge sell order During the weekend, a Bitcoin whale liquidated a total of 24,000 coins