Cryptocurrency analyst Kevin Svenson is leaning bullish on Bitcoin (BTC) as the flagship digital asset hovers slightly below the all-time high reached earlier this week.
Ongoing presidential backing for digital assets is a key determinant for the continuation of 'crypto's golden era,' the report said.
The largest cryptocurrency seems to be tracking the 2017 price performance, when it posted all-time highs on 77 days.
Tether has undeniably played a pivotal role in bridging traditional finance with the digital currency world. However, its associations with illicit activities and concerns about transparency may pose systemic risks.
If you want exposure to Bitcoin without having to spend more than $100,000 for one coin, there are other ways to invest. You can buy fractions of a Bitcoin on crypto exchanges or brokerage platforms, invest in a Bitcoin ETF or look to crypto-related stocks and ETFs.
I’m a bear on crypto. I am not a believer in the ‘bitcoin to a mil this year’ group of acolytes. Bitcoin could hit $1m, for several reasons, but not this cycle.
Bitcoin passed the $100,000 mark for the first time just last December. Could this be the year crypto goes mainstream?
To these numbers, Anthony Pompliano, a cryptocurrency investor and CEO of Professional Capital Management, expressed optimism over the idea and suggested that the market has not fully priced in its potential on his tweet. To this, Peter Schiff, CEO of Euro Pacific Capital and a Bitcoin (BTC) skeptic, shared his criticism.
The price of Bitcoin soared 119% in 2024, and the bulls have been out in full force, making predictions about where the cryptocurrency is headed.
Bitcoin bonds’ offer insurers a less risky way to purchase cryptocurrency.
The day before, Bitcoin surpassed $109,000 ahead of President Trump's inauguration, setting an all-time high. This surge reflected expectations that President Trump would introduce cryptocurrency-friendly policies to invigorate the industry.