Bitcoin’s ‘ultimate price’ could surpass $700K based on 3% portfolio allocation — Analyst
In the bullish case, Bitcoin’s ultimate price could surpass $24 million per coin, but global adoption still needs to grow by at least fourfold.
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Thanks a trillion Bitcoin, Binance Coin goes parabolic, NFT mania: Hodler’s Digest, Feb. 14–20
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBitcoin hits $57,500 — And $1-trillion market cap signals it’s here to…

In an Uneven Market, Most Cryptos Seal Further Growth, Some Alts See Corrections
Sunday, September 2: crypto markets are today seeing strong momentum — both positive and negative —with a majority of crypto assets firmly in the green, while some large-market-cap alts have posted corrections, as Coin360 data shows.Market visualization from Coin360Bitcoin (BTC) is trading at around $7,244 at press time, up around 2.4 percent on the day,…

Kazakhstan to mandate 75% revenue sale from crypto mining for tax purposes
A new law signed by Kazakh President Kassym-Jomart Tokayev on Feb. 6 reinstated the nation’s stand against the unlawful mining operations and issuance of crypto assets. 55 Total views 3 Total shares Own this piece of history Collect this article as an NFTKazakhstan, one of the biggest Bitcoin (BTC) mining hubs in the world, announced…

CoinGecko open to acquisition but now is ‘too early,’ co-founder says
Major cryptocurrency tracking website CoinGecko is open to acquisitions, but not right now, according to a co-founder of the platform.CoinGecko has been hit by the current crypto bear market, but the firm is far from selling off, CoinGecko chief operating officer Bobby Ong told Cointelegraph.Ong believes that all crypto-related companies are affected by the cyclical…

$515 Million in Bitcoin Spent on Illicit Activity This Year
Recent research by Chainanalysis suggests that the amount of bitcoin (BTC) spent on illegal transactions this year could hit a record high of $1 billion, even as the ratio of illegal to legal transactions is shrinking, according to a report by Bloomberg on July 1.As per the report, the total flat value of BTC spent…

Is Bitcoin Protected as Speech Under the 1st Amendment? Experts Answer
There is a concept that exists in the crypto space that effectively states: Bitcoin (BTC) is code, code is speech and speech is protected under United States law. We asked legal experts in digital rights, the First Amendment and crypto to comment on the statement. The claims are based on arguments from before the days of…

Crypto Biz: A spotlight on Binance, Galaxy Digital swings to profit, China’s blockchain push
Regulators in the United States have a fresh target on their radar: Binance. The Commodity Futures Trading Commission (CFTC) has sued the world’s biggest crypto exchange by trading volume for regulatory violations. Accusations range from insider trading to concealing office locations around the world to evade authorities’ oversight. Binance denies the claims, suggesting another court battle…

XRP bulls could face ‘bloodbath’ if Bitcoin dominance rises: Analyst
A crypto analyst said the market “could be approaching euphoria territory” with the significant amount of XRP longs “being reloaded” as the price retraces.