Bitcoin 3-year chart pattern nears breakout point as analyst expects 312% ROI
Bitcoin could be at the precipice of another parabolic rise, which may lead to a price target of $260,000 by the end of 2024.
Related Posts
Report: Top Banks Alleged to Be Investing $50 Million in Digital Cash Settlement Project
Sources ostensibly familiar with the matter have claimed that some of the world’s leading banks are currently investing around $50 million to build a blockchain-powered digital cash system for transaction settlement. The news was reported by Reuters on May 17.An earlier project for a blockchain-based currency settlement coin was unveiled by Swiss bank UBS Group…
BTC forming bottom akin to 2018 with one key difference: Bloomberg analyst
The Bloomberg analyst said Bitcoin is forming a bottom similar to how it looked prior to the 2019 bull run but with one major difference in the markets. 1285 Total views 6 Total shares Own this piece of history Collect this article as an NFTMike McGlone, Bloomberg's senior commodity strategist believes Bitcoin (BTC) could be…
Greenpeace: Bitcoin energy problem speaks to wider challenge for internet’s future
Greenpeace USA spoke to Cointelegraph about the organization's perspective on cryptocurrency and recent decision to scrap its Bitcoin donations channel. 8160 Total views 7 Total shares With the hindsight of today's perspective on Bitcoin's (BTC) exorbitant energy consumption, it might come as something of a surprise to learn that the international non-governmental environmental organization Greenpeace was…
Crypto funds register largest weekly inflows since December
Capital flowed into BTC funds for a seventh consecutive week, while ETH products registered their largest gain in 13 weeks. 781 Total views 17 Total shares Inflows into cryptocurrency investment funds rose sharply last week, offering cautious optimism that investors are broadening their exposure to digital assets despite geopolitical uncertainty and monetary tightening from central…
3 reasons why Binance Coin (BNB) hit a new all-time high at $148
On Feb. 10 Binance Coin (BNB) hit a new all-time high at $148 after the native exchange token rallied 121% since the start of the week. Data from Cointelegraph Markets and TradingView shows that BNB rose from $35.37 on Jan. 11 to $148, a 256% increase in less than a month. BNB/USDT 4-hour chart. Source: TradingViewThree…
Apple bans ChatGPT use for employees over fear of data leaks
An internal document from the tech giant said that while it develops its own AI technology employee usage of outside AI chatbots will be restricted. 78 Total views 11 Total shares The “Big Tech” giant Apple, has restricted company usage of the widely popular artificial intelligence (AI) chatbot ChatGPT as it fears its sensitive data…
‘Mecca of mining’: Brazil considers zero tax on green bitcoin mining
Brazil’s congress heard several proposals endorsing a tax exemption on miners and promoting cryptocurrency to the status of a national currency. 430 Total views 21 Total shares A new proposal in the Brazilian Congress calls for a tax exemption on both the importation of crypto mining rigs and on any mining conducted using renewable energy…
Google Expert Developer Joins Ripple to Lead Crypto-Powered Payments Network RippleNet
Ripple has recently hired a former senior developer at Google’s new wireless messaging service as vice president of products, Reuters reports Friday, Oct. 26.The U.S. tech company that backs the third top cryptocurrency by market cap, Ripple (XRP), has confirmed to Reuters that Amir Sarhangi is leaving his position at Google to lead Ripple’s global…