Author: Max Bauer
Bitcoin’s price surged to a new all-time high of $99,900 in the last weeks, prompting discussions of a potential market top. However, cryptocurrency analysis firm CryptoQuant argues that on-chain indicators suggest the bull run is far from over. Despite a recent correction to around $91,000, CryptoQuant’s analysis indicates that Bitcoin remains in a strong bull market and hasn’t reached the overvaluation levels typically seen at the end of a cycle. Their valuation models suggest a potential price target of $146,000, a level that has historically marked previous cycle peaks, such as in January 2021. One key indicator highlighted by CryptoQuant…
Following the landmark approvals of Bitcoin and Ethereum ETFs in 2024, speculation is mounting about the possibility of a Dogecoin exchange-traded fund (ETF) in 2025. The crypto-friendly stance of the incoming presidential administration is fueling this optimism. “I think everything is on the table moving forward under the new administration,” Nate Geraci, President of ETF Store, told. President-elect Donald Trump’s pro-crypto stance, including his goal to make America the “Bitcoin capital of the world,” and the creation of the Department of Government Efficiency (“DOGE”), headed by Dogecoin enthusiast Elon Musk, have significantly shifted the landscape. Geraci emphasized the importance of…
Bitcoin’s price could reach a staggering $225,000 by the end of 2026, according to Mark Palmer, Senior Research Analyst at Benchmark Company. In a recent interview on Yahoo Finance’s Opening Bid podcast, Palmer explained his bullish outlook, citing a confluence of factors driving the cryptocurrency’s potential surge. Palmer points to the recent US election results as a significant catalyst. The newly elected President Trump and Vice President Vance, both crypto-friendly, signal a more favorable regulatory environment compared to the previous administration. This shift, combined with anticipated supportive cabinet appointments, marks a “sea change” in the government’s stance towards the crypto…
Despite Bitcoin’s recent retreat from the near-$100,000 mark to around $95,000, investment management firm ARK Invest remains bullish, predicting a potential surge to as high as $124,000 before the end of the year. In an interview with CoinDesk, ARK Invest research associate David Puell outlined the firm’s optimistic outlook. “We’re more or less anticipating $104,000 to $124,000 price targets by year-end,” Puell stated, emphasizing that this projection isn’t a recommendation but rather an analysis based on current data. Puell’s forecast is grounded in Bitcoin’s historical seasonality – patterns observed in previous bull markets – and on-chain metrics. He believes market…
According to cryptocurrency analysis firm CryptoQuant, Ethereum’s ongoing price rally is showing robust momentum, with potential for further gains. The firm’s analysis highlights increasing investor optimism, fueled by the cryptocurrency breaking through significant resistance levels and prompting discussions of a potential new all-time high (ATH) by year-end. CryptoQuant points to Ethereum’s futures market funding rates as a key indicator of market sentiment. Funding rates, which represent the cost of holding a leveraged position in the futures market, have seen a notable increase in recent weeks. This upward trend signifies growing bullish momentum among investors and traders as Ethereum’s price continues…
Cryptocurrency analyst Ali Martinez has made a bold prediction for Bitcoin’s price, suggesting it could surge to $99,000 following Thanksgiving celebrations. Martinez believes that family gatherings and dinner table conversations about the leading cryptocurrency could trigger a buying frenzy, driving the price significantly higher. In his latest analysis, Martinez pointed to technical data supporting this unusual prediction, though he remained cautious, admitting the possibility of being wrong and emphasizing the use of stop-loss orders to mitigate potential losses. “Thanksgiving conversations could spark a Bitcoin rally,” Martinez stated, suggesting that increased awareness and positive sentiment shared amongst families could translate into…
CNBC’s “Mad Money” host Jim Cramer addressed criticism regarding his stance on cryptocurrency, particularly Bitcoin, in a recent segment. He pushed back against accusations of “calling the top” by recommending crypto, emphasizing his long-term bullish outlook. Cramer explained that he views crypto, especially Bitcoin, as a hedge against potential government mismanagement of the national debt and the possibility of extreme measures like a forced buyback of Treasury bonds at a discount. Cramer acknowledged the lack of concrete proof that crypto can protect against such scenarios, but argued that the narrative surrounding it is compelling enough to warrant inclusion in a…
Jan VanEck, CEO of the $118 billion global asset management firm VanEck, predicts Bitcoin could reach $150,000 to $180,000 in the current cycle, adhering to the historical trend influenced by Bitcoin halving events. He anticipates Bitcoin eventually reaching half the value of gold, projecting a price exceeding $400,000 in the next cycle. In a recent interview, VanEck discussed the firm’s involvement in the digital asset space, highlighting their launch of a Sui token ETN in Europe and the positive inflows it has attracted. He emphasized VanEck’s comprehensive research team, covering both liquid tokens and venture investments, allowing them to track…
Former Commodity Futures Trading Commission (CFTC) Chair Chris Giancarlo has expressed support for the idea of the United States establishing a Bitcoin reserve, calling it a “very forward-looking idea.” In a recent television interview, Giancarlo stated that holding Bitcoin “makes a lot of sense,” likening it to other commodities nations have traditionally stockpiled. The discussion stemmed from recent considerations by certain U.S. states to add Bitcoin to their balance sheets. Giancarlo drew parallels to former President Trump’s proposal for a Bitcoin “stockpile,” noting the subtle difference between a stockpile and a reserve. He emphasized the historical precedent of countries stockpiling…
Bitcoin’s price could reach a staggering $200,000, fueled by a massive influx of institutional capital, according to a new report from OKG Research. The research suggests that current institutional holdings of Bitcoin represent just the tip of the iceberg, with a potential $2.28 trillion poised to enter the market. The report highlights that only 0.01% of listed companies globally currently hold Bitcoin. This minimal participation suggests significant untapped potential for institutional investment. OKG Research’s conservative estimate of $2.28 trillion in potential inflows aligns with bullish predictions from major financial institutions like Bernstein, BCA Research, and Standard Chartered Bank, all of…