The CEO of Sound Planning Group has projected a significant increase in the price of bitcoin, saying that it is set for “a serious rally.” He said that the adoption of spot bitcoin exchange-traded funds (ETFs) and the impending Bitcoin halving would be the main drivers of his optimistic forecast for the price of the … Read more
On February 14, 2024, the price trajectory of Bitcoin demonstrates a strong positive trend, with the cryptocurrency hitting a 24-hour high of $51,814. The digital asset has increased significantly in the middle of a consolidating market; it has increased by 21% over the last month and by 3% today. Bitcoin After hitting intraday highs, the … Read more
Michael Saylor, executive chairman of Microstrategy, has provided an explanation of why bitcoin has emerged as “the world’s most popular investment asset.” He pointed out that the cryptocurrency has “found its footing and now people are beginning to realize that there’s 10 times as much demand for bitcoin coming in through these ETFs as there … Read more
Anthony Scaramucci, the founder of Skybridge Capital, has clarified that it is still possible to purchase bitcoin. He predicts that many people are questioning if they missed the chance to purchase bitcoin as its price has surged beyond $50,000. Scaramucci emphasized that he has a firm “no” to that. Anthony Scaramucci: Should You Invest in … Read more
Peter Schiff, an economist and gold bug, has cautioned that the current spike in the price of bitcoin appears to be “another classic pump-and-dump.” He voiced his doubts, saying, “I wonder when the massacre will begin,” despite the notable excitement surrounding the new spot bitcoin exchange-traded funds (ETFs). On the “Pump and Dump” of Bitcoin, … Read more