forecast
SkyBridge Capital Achieves Record Year with Crypto Investments, Scaramucci Foresees Bright Future for Bitcoin
Anthony Scaramucci's SkyBridge Capital records its best year in 2023 with a 130% rise in crypto investments, primarily in Bitcoin, Ethereum, and Solana. Scaramucci predicts Bitcoin will surpass its all-time high, bolstered by the recent approval of Bitcoin ETFs by the SEC.
Will Bitcoin’s Price Touch $100,000 by End of 2021?
Will Bitcoin’s rising popularity, global uncertainties and a weak U.S. dollar drive the cryptocurrencies price to $100,000 in 2021?
Can Bitcoin Reach Robert Kiyosaki's $150k Prediction in the Near Future?
Robert Kiyosaki predicts Bitcoin's value to rise significantly, potentially reaching $150,000 and $1.2 million in five years, citing its potential as a hedge against inflation and economic instability.
Combining Blockchain with IoT and AI can Trigger More Accurate Weather Forecast, HashCash CEO Says
For accurate futuristic decision-making in weather forecasting, blockchain ledgers should be integrated with artificial intelligence (AI) and the internet of things (IoT), according to HashCash Consultants CEO Raj Chowdhury.
El Salvador’s Bitcoin adoption Takes Effects Soon, Possibly Boost the BTC’s price, Analysis Predict
The adoption of Bitcoin as legal tender in El Salvador will be effective tomorrow. The market concerns if the new measure would further stimulate the surge of Bitcoin’s price.
Positive Gold Forecast Could Ignite Bitcoin Bull Run, US Stock Futures Rally on Stimulus Hopes
Gold has been trading sideways in the past few weeks, but according to this CEO, the price action is forming a bottom. Holmes predicts that gold will reach $4K.
Goldman Sachs' Yuan Crash Forecast Could Affect Bitcoin Price, Bull Run Ahead?
Goldman Sachs is expecting the Chinese yuan to fall to its lowest since 2008 in the coming months due to the existing US-China trade war, and now the US potential sanctions on China over its feud over Hong Kong. US President Donald Trump has announced earlier that he will be looking to end preferential treatment for Hong Kong in terms of trade and visa-free travel, due to the new security law for Hong Kong approved by Beijing. The yuan has been forecasted by Goldman Sachs to fall to 7.25 per dollar during the next three months before recovering to 7.15 per dollar over six months, then to 7 per dollar in the next year. As the firm sees the yuan falling to its 2008 low, the potential for Bitcoin to experience an explosive price rally has been raised.
Blockchain Devices Market to Grow by $1.285 Billion by 2024
Recent research by MarketsandMarkets shows a CAGR of 42.5% for blockchain devices market by 2024. The study was filtered through their report, “Blockchain Devices Market by Type (Blockchain Smartphones, Crypto Hardware Wallets, Crypto ATMs, POS Devices, & Others), Connectivity (Wired & Wireless), Application (Personal & Corporate), and Geography - Global Forecast to 2024.”
Global Energy Sector: Blockchain Application to hit $6.29 Billion by 2024
BIS Research has presented a new market intelligence report dubbed ‘Global Blockchain in Energy Market - Analysis and Forecast, 2018-2024.’ It reveals that blockchain application in the energy market was worth $518.6 million in 2018 and its value will reach $6.29 billion in 2024.
Hong Kong's 2020 Budget: Digital Assets May be Incorporated into Regulatory Framework but not Blockchain
Financial Secretary of Hong Kong, Paul Chan been under intense pressure from lawmakers to dip into the government’s fiscal reserves to help the city get out of an economic slump. After months of anti-government protests and the emergence of the coronavirus epidemic, Hong Kong residents aged over 18 will receive a cash handout of HK$10,000. The budget also highlighted the forecast of an all-time high deficit of HK$139 billion for the coming fiscal year.
Bitcoin Price on Pace to Reach $20,000, Bloomberg Senior Strategist
The Senior Commodity Strategist for Bloomberg Intelligence, Mike McGlone says Bitcoin (BTC) may well be on pace to reach US$20,000 by 2021.
May 8: Are you betting on the fastest horse?
What a day to usher into the weekend. BTC traded past $10k for a bit and now over 7% higher in the past 24 hours. The clear catalyst was Paul Tudor Jones announcing that his $22 billion fund will be investing in BTC a low single digit % of assets because it's a great hedge against a "great monetary inflation". It also reminded him of gold in the 70s, and I thought this was the highlight "At the end of the day, the best profit-maximizing strategy is to own the fastest horse. Just own the best performer and not get wed to an intellectual side that might leave you weeping in the performance dust because you thought you were smarter than the market. If I am forced to forecast, my bet is it will be Bitcoin.” It is also important to note this will largely remove much career risk of any hedge fund manager who wants to allocate into BTC today. Next wave of institutional buyers coming soon? Is that why CME listed futures open interest hit a record high yesterday?
Crypto Wallets Holding More Than 10,000 Bitcoin Hit a 2020 Record High
Santiment revealed that crypto wallets holding at least 10,000 BTC have reached a record high of 111 in 2020, indicating positive sentiment from Bitcoin whales.
Bitcoin Plunges Despite Tesla's Bitcoin Announcement and Reports of Fidelity's ETF Filing
Bitcoin is down despite Fidelity's ETF filing and Tesla's announcement that the company will welcome Bitcoin payments.
Blockchain-Powered Devices to be Worth More Than $23.5 Billion by 2030 According to Business Intelligence Firm
According to a market research report availed by P&S Intelligence, a business intelligence consulting services firm, the worldwide blockchain devices market was worth $0.3 billion in 2019 but is expected to surpass $23.5 billion by 2030.
Donald Trump's Impeachment Up for Crypto Bets on Augur
The impeachment of Donald J.Trump, the 45th President of the United States of America and its potential outcome has stirred up predictions on Augur.
Allied Market Research: Blockchain Integration into the Global Retail Market to Garner $11 Billion by 2026
Allied Market Research, a global market research and business firm, has reported that the incorporation of blockchain into the global retail market will garner $11.18 billion by 2026 from $83 million recorded in 2018.