Gold Tops Safe Haven Assets, According To Bank Of America—Can Bitcoin Compete? Bank of America analysts recommend gold as the best investment during uncertain times, emphasizing its stability and safety compared to bonds and Bitcoin. The bank predicts gold prices to reach $3,000, citing potential market volatility and increased spending due to US presidential candidates’ … Read more
Crypto Analyst Reveals Next Target Dogecoin’s price has surged past $0.12, indicating a bull breakout from a multi-month downtrend. Analysts predict a potential rally with targets at $0.14, $0.17, and $0.225. Crypto trader Crypto Rand highlighted the meme coin’s breakout and emphasized the opportunity to buy in for potential gains. Other analysts also anticipate further … Read more
Bitcoin (BTC) Miners’ Share of Global Hashrate Hit New High of 26% in August, JPMorgan Says CoinDesk, an award-winning media outlet covering the cryptocurrency industry, recently updated its privacy policy and terms of use. In November 2023, CoinDesk was acquired by the Bullish group, which also owns a regulated digital assets exchange called Bullish. The … Read more
JP Morgan Says Bitcoin Price Will Correct After Halving, Here’s The Target JP Morgan analysts predict a significant price correction for Bitcoin post-halving, with the price potentially dropping to $42,000. The halving event, which occurs every four years, aims to reduce inflation by cutting the rewards paid to miners in half. Despite historical trends showing … Read more
Is Bitcoin Dominance Reaching Its Peak? Analyst Forecasts An Altcoin Takeover In Current Cycle Bitcoin is struggling despite the approval of spot BTC ETFs in the US. Ethereum’s price has soared to new highs, leading to speculation about Bitcoin’s dominance in the cryptocurrency market. Analyst Michael van de Poppe believes that Bitcoin dominance is nearing … Read more
dYdX Beats Uniswap, Bitcoin Outlook Dour Analysts at Coinbase predict that Ether (ETH) could see significant growth in 2024, driven by hopes of a spot ETH ETF listing. Following the recent approval of bitcoin ETFs in the U.S., ETH reached its highest price since May 2022. Firms like BlackRock and VanEck, who were behind BTC … Read more
