CEO of the blockchain analytics platform CryptoQuant, Ki Young Ju, has revised his previous forecast for a decline in the Bitcoin rate. According to him, the price of the first cryptocurrency could reach $112,000 by the end of the year. Ki Young Ju stressed that the positive momentum for the first cryptocurrency is far from over. However, he warned investors that corrections are possible as the futures market is heavily leveraged. “Bitcoin outlook revised. Stay

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Galaxy Digital founder and CEO Mike Novogratz shared his predictions about the price values ​​that Bitcoin will reach in five to ten years, given the asset’s correlation with gold. Mike Novogratz said in an interview with Bloomberg that Bitcoin could equal gold in market capitalization in the next decade. The capitalization of the main precious metal is currently $16 trillion, making it the most expensive asset in the world. To reach such a value, Bitcoin

Co-owner of the law firm Hogan&Hogan Jeremy Hogan named the reasons why Bitcoin could continue its steady growth in the coming months. The lawyer cited Donald Trump’s victory in the US presidential election and the predominance of Republican lawmakers in the Senate and House of Representatives. The lawyer suggested that with the support of Democrats, there is a high probability that the bill on the bitcoin government purchase program could be passed as early as

Analysts from the trading company QCP Capital stated that the Bitcoin rate could reach $97,000 if at least 1% of the capital invested in gold is redirected to the first cryptocurrency. QCP Capital noted that since the end of the US presidential election, Bitcoin has gained 30% in value, while gold has lost 5%. This reflects the shift of institutional investors’ capital towards digital assets, analysts believe. “Bitcoin’s market capitalization has reached $1.73 trillion and

An American investor and entrepreneur, author of the book “Rich Dad, Poor Dad” reported that he owns 73 bitcoins, and plans to increase their number to 100 in a year. The crypto enthusiast said that he started buying the first cryptocurrency when the price of the coin was $6,000. Robert Kiyosaki wrote in  X that the amount of BTC an investor controls is more important than the value: “The price of the coin is important,

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A resident of the British city of Newport, James Howells, has filed a lawsuit against the local city council, demanding $647 million from it for refusing to dig up a garbage dump to find a lost hard drive containing 7,500 BTC. James Howells was forced to resort to legal action because he has been unsuccessfully trying for more than a decade to get permission from the local government to dig up his hard drive with

Experts from the analytical company Santiment stated that the correction of the first cryptocurrency rate to the $59,000 mark was due to the influence of two factors. At the same time, most traders perceived the fall of bitcoin as an opportunity to buy it. According to experts, the cost of Bitcoin was negatively affected by the lawsuit of the US Securities and Exchange Commission (SEC) against the cryptocurrency market maker Cumberland and strong data on

Analysts at the American bank JPMorgan have identified several factors that could influence the growth of Bitcoin. In their opinion, despite the weak start, October could be bullish for the first cryptocurrency. JPMorgan noted that in 70% of cases, October turned out to be a profitable month for cryptocurrency investors. “While past performance is no guarantee of future performance, we believe the popularization of the term ‘Uptober’ could influence investor behavior and set Bitcoin up