Author: Roland Guirdonan

Article written by Roland Guirdonan

Bitcoin Price to Surge to $13M by 2045: Michael Saylor

3 hours ago 1 min read

Michael Saylor, the executive chairman of MicroStrategy, forecasts a substantial increase in Bitcoin’s value, projecting it to reach $13 million by the year 2045. With a current valuation of $67,800, Bitcoin’s market capitalization stands at $1.338 trillion, representing a mere 0.1% of the total world wealth. Saylor asserts that in order for Bitcoin to achieve this fundamental scenario, it would necessitate an annual rate of return of 29%, leading to

Bitcoin outperforms altcoins as BTC surged past $68k

11 hours ago 2 mins read

Bitcoin (BTC) surpassed the overall cryptocurrency market performance, experiencing a 4.83% increase and reaching a value of $68,000. Prominent cryptocurrencies, including Solana (SOL), ether (ETH), BNB Chain (BNB), and Cardano (ADA), experienced an over-3% increase. Dogecoin (DOGE) experienced a 4% increase in value, whilst the memecoin popcat (POPCAT), which is built on the Solana blockchain, surged by over 9%. On the third day, there were more liquidations of ether products

A crypto analyst predicts Solana will surge above $1,000 soon

16 hours ago 1 min read

Ali Martinez, a crypto expert, foresees a substantial surge in the value of Solana (SOL), relying on past price trends and technical patterns. Martinez believes that SOL has the potential to surpass $1,000 in value. This belief is based on the observed resemblances between the recent movement of this altcoin and the pattern witnessed in 2021, which resulted in a remarkable spike. In 2021, the value of SOL underwent a

Asset manager VanEck says BTC’s price may reach $2.9 million by 2050

23 hours ago 1 min read

VanEck, an asset manager, predicts that Bitcoin’s price may reach $2.9 million by 2050, assuming high hurdles are cleared. The report suggests that Bitcoin will become an essential part of the international monetary system in the next few decades due to rising geopolitical tensions and ballooning debt servicing costs. Matthew Sigel, head of digital asset research at VanEck, believes that many of these distortions stem from a massive misallocation of

Trump campaign raises $3 million in crypto in Q2 2024, led by Winklevoss and Powell donations

July 26, 2024 1 min read

The Donald Trump reelection campaign has garnered $3 million in contributions in the form of digital assets during the second quarter of 2024. This represents a notable shift from Trump’s previous portrayal of Bitcoin as a fraudulent scheme. The increase in fundraising occurs as Donald Trump strategically prepares for another presidential campaign, with the Trump 47 Committee receiving significant donations from prominent individuals in the Bitcoin sector. Cameron and Tyler

Over $380 million in BTC is to be liquidated if Bitcoin falls below $60K

July 26, 2024 1 min read

Bitcoin investors are expressing apprehension about a possible liquidation of $385 million in the event that the price drops to $60,000. The crypto market is currently undergoing a decline in prices and heightened instability, with a risk of traders being forced to sell their assets if the price drops below the $60,000 threshold. Roman Trading anticipates a decline in BTC to a level below $60,000 in the upcoming days, attributing

An enterprise-grade platform for digital asset management, Fireblocks, increases startup adoption by 50%

July 26, 2024 1 min read

Fireblocks, an enterprise-grade digital asset management platform, has launched Fireblocks for Startups, a self-service suite of tools designed for blockchain startups and small to medium enterprises (SMEs). The platform offers streamlined treasury management, wallet creation capabilities, and network access. The launch coincides with a 55% increase in venture capital funding for Web3 startups in the first quarter of 2024 and a 50% rise in startup users since piloting the new

US Senator to propose a bill requiring the Federal Reserve to hold Bitcoin as a reserve asset

July 25, 2024 1 min read

Wyoming Senator Cynthia Lummis is set to announce a Bitcoin Reserve Bill at the upcoming Bitcoin Conference in Nashville, which would require the Federal Reserve to hold Bitcoin as a strategic reserve asset, similar to gold. This move could help stabilize the US dollar and integrate Bitcoin into mainstream finance. The bill aims to make Bitcoin (BTC) a key component in managing the US monetary system, potentially stabilizing the dollar

Anthony Pompliano discusses the SEC’s approval of Ethereum ETFs

July 25, 2024 1 min read

The approval of Ethereum Exchange-Traded Funds (ETFs) by the SEC has generated enthusiasm within the cryptocurrency sector. Anthony Pompliano, the CEO of Professional Capital Management, anticipates that while Ethereum ETFs may not generate as much excitement as Bitcoin ETFs, they will contribute to the wider adoption of cryptocurrencies. Pompliano credited the strong performance of Bitcoin ETFs to the significant amount of money flowing into them, as evidenced by BlackRock’s Bitcoin

BlackRock launches its first video for Ethereum ETF investors

July 24, 2024 1 min read

BlackRock has published a film targeting investors who are interested in Ethereum (ETH) exchange-traded funds (ETFs) in response to the approval by the U.S. Securities and Exchange Commission (SEC) for the trading of spot Ethereum ETFs. This development occurred six months after the SEC approved spot Bitcoin ETFs, which was a momentous occasion for the cryptocurrency world. Jay Jacobs, the U.S. Head of Thematics and Alternative ETFs at BlackRock, explained

Why Is Arbitrum (ARB) Down 68% In 7 Months?

July 24, 2024 1 min read

The value of Arbitrum, the native currency of Ethereum’s layer-2 solution Arbitrum, has experienced a significant decline of 68% since its peak in January 2024. However, encouraging on-chain advancements suggest that Arbitrum now holds the highest amount of total value locked (TVL) and is filled with significant potential. Around 48% of Ethereum bridging assets are sent via Arbitrum, demonstrating its technological proficiency in resolving the scalability issues that affect the

BlackRock’s spot bitcoin ETF sees over $520 million inflow

July 23, 2024 1 min read

BlackRock’s bitcoin exchange-traded fund (ETF), IBIT, received a net inflow of $527 million, which is the highest daily amount since mid-March. Ten bitcoin exchange-traded funds (ETFs) in the United States, excluding Bitwise’s BITB, saw a total net inflow of $533.57 million. Among them, BlackRock’s IBIT was the most actively traded. Fidelity’s FBTC came in second with a total of $23.72 million. The BTCO fund, overseen by Invesco and Galaxy Digital,