In November 2023, six unique AI-driven chatbots were queried to forecast the value of bitcoin by year-end, with their projections spanning from $ 15,000 to $ 45,000 per bitcoin. As of the initial week of January 2024, bitcoin’s trading value reached $ 47,000, coinciding with the approval of 11 spot bitcoin exchange-traded …
Coinbase’s recent 2024 Market Outlook report was followed by a fresh analysis from its institutional arm, focusing on the pivotal market happenings linked to two leading cryptocurrencies: bitcoin and ethereum. This new report, titled “Q1 2024 Guide to Crypto Markets”, underscores key events that are set to influence the future direction of these digital currencies. […]
As of Jan. 9, 2024, fewer than 15,000 blocks remain before the fourth Bitcoin halving event. This milestone will halve the block reward from 6.25 to 3.125 bitcoins per block. Expected to occur in April 2024, this event will render bitcoin increasingly scarce. However, it may exert considerable pressure on miners, seeing their earnings cut […]
Robert Kiyosaki, the author of Rich Dad Poor Dad, has advised investors to closely monitor Bitcoin’s upcoming halving, emphasizing that the event is fast approaching. The famous author recently revealed that he is $ 1 billion in debt but does not see it as his problem. He further shared that he uses debt as …
The digital currency market has surged to a valuation of $ 1.74 trillion in the past 24 hours, with bitcoin climbing above the $ 45K threshold. Over the recent day, the market experienced a 4.65% increase in comparison to the U.S. dollar, and global trading volume saw a substantial 20% rise from Monday. …