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Experts from Matrixport said that the first cryptocurrency could show a strong start at the beginning of 2025. Matrixport emphasized that volatility in the crypto market is biased towards growth, and this favorable trend will provide positive momentum for Bitcoin over the next few months. “We expect positive movements in Bitcoin in early 2025, which could become a record high in terms of the asset’s value and the influx of fiat currencies into the crypto
Experts from the Bitfinex crypto exchange said that the peak of the bullish cycle of the first cryptocurrency will come in the third-fourth quarters of 2025. The cost of bitcoin during this period will be $200,000, analysts believe. Bitfinex emphasized that the minimum price of bitcoin by the third quarter will approach the $145,000 mark due to the presence of a large number of institutional investors. “2025 represents a cautiously optimistic economic environment characterized by
Consensys, together with the YouGov platform, conducted a study, according to which 93% of earthlings know about cryptocurrencies, and 51% claim to be well versed in them. The number of people who own cryptocurrencies has increased compared to last year. For example, in Germany the increase among respondents was 7%, in Mexico – 8%, and in Japan – 4%. 58% of respondents from countries such as the United States, India and Nigeria are well acquainted
Experts from BlackRock have published a report entitled “Global Forecast for 2025,” according to which the first cryptocurrency could become a new tool for diversification, along with gold. According to analysts, this is possible due to the unique characteristics of Bitcoin, including its ability to grow consistently over time. The rise in the value of the first cryptocurrency is due to limited supply and increasing demand, based on investors’ faith in Bitcoin as a profitable
The head of analytics for decentralized finance protocol Derive has stated that there is a 10.5% chance that Ethereum will reach $6,000 by January 31, 2025, while there is a 6% chance that Bitcoin will exceed $150,000. Sean Dawson said the derivatives market situation suggests that the bull run in Bitcoin and Ethereum could continue into January: “As for the options deviation figures, they remain stable since last week. The market consolidated over the weekend
American crypto exchange Coinbase will stop providing access to USDT to users from EU countries by the end of the year. What’s going on? What will happen next to the world’s most popular stablecoin? How will this affect USDT holders? Why Coinbase Doesn’t Like USDT Coinbase is a trading platform and a commercial company that is trying to make money. It is not all-powerful and tries to operate within a certain legal framework, and in
It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get
Hardware crypto wallet maker Trezor reported a 600% increase in weekly sales of its devices, with Donald Trump’s victory in the US presidential election one of the factors driving up demand. Trezor Chief Commercial Officer Danny Sanders noted that the change in the White House administration means a positive change in the regulation of digital assets in the US. “This promises to provide greater regulatory clarity, leading to improved operating conditions for businesses in the
Experts from QCP Capital have published a new report on the situation on the crypto market, noting a decline in the rate of major cryptocurrencies. Investors are switching their attention from Bitcoin to Ethereum, analysts believe. QCP Capital noted that despite the correction, Bitcoin and Ethereum retained their positions above key support levels: $95,000 for Bitcoin and $3,200 for Ethereum. At the same time, volatility in the medium term remains elevated. “The industry expects Bitcoin
Analysts at 10X Research said that the Bitcoin rally is far from over. According to experts, the first cryptocurrency rate could reach $115,000 by the end of December. 10X Research published a report where they said that the cryptocurrency market has been saturated with liquidity in the last few weeks. Over the past month, the issuer of the largest stablecoin by capitalization, Tether , has issued 10 billion USDT , and Circle has added another