Can Burns Send The Shiba Inu And LUNC Price To $0.01? Expert Chimes In

The Shiba Inu (SHIB) and Terra Classic (LUNC) ecosystems have become known for their regular token burns, which aim to increase the value of these coins. A computer engineer has given his opinion on this burn mechanism, revealing between Shiba Inu and LUNC, which will likely reach their desired goal of $0.01.  Will Shiba Inu [...]

The post Can Burns Send The Shiba Inu And LUNC Price To $0.01? Expert Chimes In appeared first on Crypto Breaking News.

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CryptoQuant CEO Predicts Where Bitcoin Price Is Headed, Is $265,000 Too Ambitious?

Ki Young Ju, CEO of cryptocurrency analysis firm CryptoQuant, has given an ultra-bullish prediction for Bitcoin. The crypto founder alluded to certain factors that could spark the flagship cryptos rise to such heights.  Bitcoin Could Rise To As High As $265,000 Young Ju mentioned in an X (formerly Twitter) post that Bitcoins network fundamentals could support a market cap three times its current size compared to the last cyclical top. He added that this development could help BTC rise to $265,000. The fundamental that the crypto founder was alluding to was the Hashrate/Market Cap ratio. Related Reading: Crypto Analyst Predicts 350% Surge For Shiba Inu Heres The Target   Source: CryptoQuant The accompanying chart that Young Ju shared showed that Bitcoins hash rate is currently more than three times what it was at the last market cycle top. Meanwhile, BTC is still at the price level it was during that period. As such, the CryptoQuant CEO believes that Bitcoin could also see a 3x increase in its price, just like the Hash rate.  Young Jus prediction provides a much-needed bullish outlook for Bitcoin, especially given the flagship cryptos recent decline and talk that Bitcoin may have already attained the market top for this cycle. Tom Lee, co-founder of research firm Fundstrat, also recently shared his bullish sentiment towards BTC, stating that the crypto token will still reach $150,000 this year.  Meanwhile, similarly to Young Jus prediction, crypto analyst MacronautBTC had previously stated that Bitcoin could rise to $237,000. The crypto analyst made this conservative calculation based on BTC’s demand outpacing its supply in the long run, especially with the halving further reducing Miners supply.  A Rise To $265,000 Not Ambitious Young Jus prediction of $265,000 for Bitcoin is far from ambitious when considering that Samson Mow, the CEO of JAN3, predicted that Bitcoin could rise to as high as $1 million this year. He explained that this unprecedented rise was possible due to the impressive demand that Bitcoin was currently enjoying.  Related Reading: Can Ethereum Reclaim $4,000? Fragile Fundamentals Threaten To Send ETH Crashing Pseudonymous crypto analyst PlanB also echoed a similar sentiment, stating that BTC hitting $1 million is possible, although he suggested that could happen in 2025 rather than this year. He made this prediction based on the Bitcoin stock-to-flow (STF) indicator, which hints at $500,000 being the average price level for Bitcoin in this market cycle.  As such, the analyst believes that $1 million could be the market top for this bull run. Meanwhile, PlanB mentioned that Bitcoin hitting $100,000 this year was inevitable. At the time of writing, Bitcoin is trading at around $61,700, down over 1% in the last 24 hours, according to data from CoinMarketCap.  BTC makes its way to $61,000 | Source: BTCUSD on Tradingview.com Featured image from CryptoRank, chart from Tradingview.com

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Vitalik Buterin is 'giantly important' to Ethereums future: Experts weigh in

Fellow co-founder Joseph Lubin and other industry experts highlight Vitalik Buterins role in Ethereums future, emphasizing his ongoing influence and contribution to the space.

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Crypto Expert Turns Bullish On Bitcoin, Predicts Quantitative Easing Will Begin Soon

Crypto expert Michaël van de Poppe has made a bullish case for Bitcoin as he alluded to macroeconomic factors that could soon play out in the flagship cryptos favor. In line with this, he urged Bitcoin investors to take action with a parabolic surge on the horizon.  An Imminent Quantitative Easing Would Be Good For Bitcoin Van de Poppe suggested in an X (formerly Twitter) post that Bitcoin will rise on the back of a Quantitative Easing (QE), which he anticipates is close. He noted that the Fed has already started to unwind Treasury buybacks and is reducing QT [Quantitative Tightening]. He claims this is happening because the economic data has worsened, which puts the US at risk of a recession.  Related Reading: Dogecoin Breaks Out Of Descending Triangle Like It Did In 2021, Analyst Sets $6 Target Therefore, the Fed seeks to avoid this recession by buying back long-term government bonds and injecting liquidity into the financial system. As the crypto expert predicts, this could be good since it will force the Fed to take a more dovish stance and possibly lower interest rates, boosting investors confidence to go all in on risk assets like Bitcoin.  Van de Popper further predicts that this Quantitative Easing will become evident in the data released in the coming months. In line with this, he advised investors to long Bitcoin. It is worth noting that Bitcoin dropped to as low as $57,000 ahead of the latest FOMC meeting, with many investors seeming to have anticipated a hawkish stance from the Fed.  However, as the crypto expert noted, the rates remain unchanged, and Fed Chair Jerome Powell raised the possibility of a rate cut as early as June. Given Bitcoin’s price recovery since then, this development looks to have already revived a bullish sentiment among investors.  What To Expect Going Forward In another X post, Van de Popper revealed his expectations for the crypto market going forward. He stated that Bitcoin will consolidate and go sideways (possibly ahead of the QE which will boost its price in the coming months. Meanwhile, he also expects Altcoins to heavily outperform and rotation kicks in. Related Reading: Crypto Prediction Website Reveals When The Cardano Price Will Reach $45 The crypto expert had previously echoed a similar sentiment when he stated that he expects altcoins to bounce in their Bitcoin pairs while Bitcoin faces a period of consolidation that he doesnt expect to change in the coming months.  Back then, he also mentioned that there would be a narrative shift to Ethereum, and he reaffirmed this belief in a more recent X post, stating that he expects a lot from the second-largest crypto token by market cap.   At the time of writing, Bitcoin is trading at around $59,100, up over 2% in the last 24 hours, according to data from CoinMarketCap.  BTC bulls reclaim control of price | Source: BTCUSD on Tradingview.com Featured image from Seu Dinheiro, chart from Tradingview.com

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Kickstarting The Bitcoin Bull Run: Expert Says $70,000 Is The Level To Beat

Crypto expert Michael van de Poppe has outlined an important price level from which Bitcoin must break out. He claims that once it achieves a successful breakout, the flagship crypto will see a new all-time high (ATH).  Bitcoin Needs To Break Through $70,000 Van de Poppe mentioned in an X (formerly Twitter) post that Bitcoin needs to break through $70,000 on the lower time frame (LTF) basis. Once that happens, the analyst claimed that Bitcoin will likely see a new ATH.  Related Reading: Prepare For Impact: Market Expert Says Biggest Disaster In Crypto Yet To Come He also noted that lower timeframe regions at $67,000 were holding. Meanwhile, he highlighted Bitcoins long consolidation, stating that almost three months have passed since the crypto token remained in that range. . However, the crypto expert believes that Bitcoin will likely remain stuck in this range for a substantial period, with the flagship crypto possibly trading lower. This is because he foresees a rotation from Bitcoin towards Ethereum and other altcoins, which will cause the flagship crypto not to move to the upside.  This long consolidation period was expected from BTC. Arthur Hayes, the co-founder and former CEO of BitMEX, predicted that the crypto token would continue to range between $60,000 and $70,000 until August. Crypto analyst Rekt Capital has also repeatedly mentioned that Bitcoin will face such a long consolidation period, which he claimed is good for Bitcoin. He noted how the flagship crypto hit a new ATH before the halving event brought about an accelerated cycle. However, a long consolidation period means Bitcoin is trying to resynchronize with previous halving cycles. He suggested this is better since it will make the bull run longer. Rekt Capital claimed If it successfully resynchronizes with the previous bull cycles, Bitcoin will peak sometime in September or October next year.  In a recent X post, Rekt Capital mentioned that there is still scope for additional consolidation at these highs but added that the time left in this phase is slowly running out. The chart the analyst shared suggested that Bitcoin simply needs to break out from the $70,000 range before it enters into the parabolic uptrend phase.  BTC May Be Headed To $78,000 Next Crypto analyst Mikybull Crypto recently suggested that Bitcoin could be headed to $78,000 on its next leg up. He revealed that the flagship crypto had broken out of an inverse head and shoulders pattern and was currently bull flagging for the next move. He highlighted $78,000 as the price target for this next move.  Related Reading: Terra LUNAs LUNC Set To Jump 13x, Analyst Reveals The Drivers In a subsequent X post, he claimed that BTC retesting its support level might be the next step before this explosive rally finally happens. Bitcoin potentially rising to $78,000 is significant as it could clear the road for the flagship crypto to hit $100,000. Crypto analyst Crypto Jebb previously mentioned that there is a great degree of likelihood that Bitcoin would rally to $100,000 should it break its current ATH of $73,800.  Featured image created with Dall.E, chart from Tradingview.com

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Solana Cup And Handle Pattern Means An At Least 90% Move Against Ethereum, Analyst Says

Jan Happel and Yann Allemann, the co-founders of the on-chain analytics platform Glassnode, recently suggested that Solana (SOL) could make a significant move to the upside in its Ethereum pair. They alluded to the likelihood of Ethereum rising higher as another reason SOL will likely soar. Solana To Make A 90% Move Against Ethereum Happel and Allemann, through their shared X account (@Negentropic), highlighted a clear Cup and Handle pattern on the SOLETH chart, which suggests Solana will move 90% from its current price level. They also noted that the SOLETH ratio has been consolidating for some time now and looks ready for such a move to the upside.  Related Reading: Bitcoin Price Mirrors Historical Pattern That Led To $1,200 Surge, Will History Repeat Itself? Meanwhile, they also predict SOL will soar because they expect Ethereum to move much higher. Therefore, a rally for the second-largest crypto token could also spark a significant move for Solana. Interestingly, this move already looks to be in play, seeing that SOL enjoyed up to a 7% price gain on the back of Ethereums price rally in the last 24 hours.  Therefore, Solana could rise higher as ETH continues to enjoy an upward trend following reports that the Securities and Exchange Commission (SEC) could approve the pending Spot Ethereum ETF applications. A 90% move for Solana means the crypto token could come close to its current all-time high (ATH) of $260. Crypto analyst Javon Marks had before now predicted that SOL could make such a move, noting that a price gain of 54% may already be in the pipeline. He further claimed that Solana achieving this price move would open up room for another price rally of 93%, which would send SOLs price to $453.  How High Can SOL Rise In This Bull Run? Crypto analyst Altcoin Sherpa has predicted that Solana could rise to as high as $500 by year-end, while crypto analyst Hansolar predicts that Solana could hit $600 in this market cycle. Crypto YouTuber Jake Gagain offered a more bullish prediction, stating that Solana will rise to $750, although he predicts that will happen next year.  Related Reading: Bitcoin Rally Incoming: This Major BTC Metric Just Turned Bullish Once Again Interstingly, Hansolar claimed that SOL could be the new Ethereum in this cycle. ETH is known to have been one of the biggest gainers in the last bull run, with its price more than tripling on its way to its current ATH of $4,891. Ethereums run then was thanks to its decentralized finance (DeFi) utility, with many DeFi projects utilizing the network.  Asset manager Franklin Templeton suggested that Solana will onboard the projects that will drive the next wave of crypto adoption. Therefore, Solana could undoubtedly enjoy the kind of run Ethereum did in 2021. This explains why the asset manager is bullish on SOL’s growth, as they predict it will eventually become the third-largest crypto token after Bitcoin and Ethereum.  Featured image from Quora, chart from Tradingview.com

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Market Expert Who Predicted Bitcoins Rise above $69,000 Unveils New Target

The Bitcoin rise above $69,000 before the fourth halving to reach a new all-time high of $73,000 in 2024 took many by surprise. However, crypto analyst BitQuant was not one of those people. In 2023, the analyst had correctly predicted that the BTC price would reach a new all-time high before the halving was completed. After the successful completion of his prediction, the crypto analyst has once again predicted where the Bitcoin price is headed, and how high it will go. Crypto Analyst Says Bitcoin Price Will Reach $95,000 BitQuant has unveiled his latest prediction for the Bitcoin price, and the target being displayed will please many who continue to be bullish. Amid the choppy headwinds that have dominated the market, the analyst believes that the Bitcoin price will surge and reach $95,000. Related Reading: Dogecoin Derivatives Volume Jumps 111% As Open Interest Spikes, But What About Price? Interestingly, the analyst does not expect the campaign to $95,000 to be a long, drawn-out move. Rather, BitQuant explains that the Bitcoin price can complete this target in a single move. Such a move would mean a 50% increase in price from its current level of around $62,000 and will no doubt trigger a ripple effect that will be evident in the market. The post read: $95K will be achieved in just one move, and that is quite obvious. Will that move start today, tomorrow, or the day after tomorrow? I don’t think anyone knows. If you can’t relax now and wait for #Bitcoin to perform as expected, then it’s better to leave the market to avoid the torture. Because in the coming months, there will be a lot of pain for those with weak nerves. BitQuants prediction was in response to another crypto analyst, Mikybull, who identified the formation of a cup and handle pattern on the Bitcoin crash. The analyst believes that this formation will precede a massive breakout that will send it to a cycle top. Is $250,000 Still In Play? Back in 2023, when BitQuant made the initial prediction that Bitcoin would reach a new all-time high before the halving, he had set out a price target for the cryptocurrency. As the crypto analyst explained at the time, reaching a new all-time high before the halving, although it has never happened before, does not mean that it will peak by then. Related Reading: Shiba Inu Volume Flips Dogecoin, Will SHIB Price Flip DOGE If This Analysts Prediction Comes True? Rather, the analyst expects the bull rally to continue well after the halving, which is when the price will peak. BitQuants target at the time was the price peaking at $250,000 at the top of the cycle. However, this target has not made an appearance in his analyses in recent times. The most recent predictions circle around the $95,000 target and the analyst expects it to hit this price in May. In a prediction from April, BitQuant expects that the price will first go to $49,000, before recovering to $75,000, and then surge to $95,000. First $49K, Then $75K, Now $95K. What’s next will be revealed after we hit $95K and take a little break in the tent. #Bitcoin https://t.co/yvKyHZZWQw BitQuant (@BitQua) April 25, 2024 Follow Best Owie on X (formerly Twitter) for market insights, updates, and the occasional funny tweet chart from TradingView.com

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This Crypto Expert Called The Bitcoin Top in 2021, Now Hes Calling The Bottom In 2024

As the Bitcoin price continues to fluctuate wildly, the question in every investors mouth right now is when the digital asset will find its bottom. For some, the bottom has already been met, while for others, there are still more price crashes to come. However, one analysts prediction in particular stands out and this is due to his track record of accurately calling the top of the market back in the 2021 bull market. Crypto Expert Says Bitcoin Bottom Is In Crypto expert Dave the Wave first came into prominence back in 2021 when he had accurately predicted the Bitcoin top. Given this, Daves analysis holds weight in the crypto market, so it is no surprise that his most recent prediction calling the Bitcoin bottom is making the rounds. Related Reading: Gaming The System: Pundit Reveals Why XRP Price Will Reach $33 In the analysis which was posted on X (formerly Twitter), the crypto analyst points to a number of indicators that show that the Bitcoin bottom has already been reached. One of these is the MACD which the analyst reveals is still far off from the levels from the last bull market. In addition to the MACD still trending below this level, the crypto expert points out that the crypto market is more mature than it was. Given this maturing market, Dave the Wave stated: It wouldn’t at all surprise me to see something different develop, pattern-wise, over the longer time frame. The analyst suggests that the Bitcoin low is actually in, and given that the price had fallen to $57,000 a couple of weeks ago, Daves analysis suggests that that is as low as the price will go. If this holds, then it is possible that the Bitcoin price will not fall below $60,000 before it resumes its bull rally. BTC Price Expectations Still Bullish Despite the slow momentum that has plagued the Bitcoin price, investors continue to be bullish on the cryptocurrency. This is evidenced by the Bitcoin Fear & Greed Index maintaining a firm grip on the Greed territory, showing that investors are still willing to buy into the market. Related Reading: Theta Network Breakout Imminent: Why A 100% Rise Is Possible From Here Furthermore, predictions from crypto analysts such as Rekt Capital have shown expectations for further price increases. Rekt Capital predicts that the BTC price will still cross $100,000 as long as the price is able to break above $63,000 and hold this level. However, elsewhere in social media, there is a change in tide for the BTC price as social sentiment begins to fall to bearish headwinds. Santiment, an on-chain data aggregation platform, revealed that the Bitcoin social sentiment has seen a 14% drop in the last week. Featured image from Investment U, chart from Tradingview.com

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Expert Says Bitcoin Price Has Topped And Is In Exponential Decay, Why This Is Not A Bad Thing

Crypto expert Peter Brandt has boldly claimed that the Bitcoin top for this market cycle may already be in. He made this conclusion based on his exponential decay thesis, which he noted may actually be good for the Bitcoin ecosystem. Why Bitcoins Price Has Topped Brandt explained that historical data suggests that Bitcoins price has topped. He further alluded to an exponential decay, which he noted could be used to describe Bitcoin. Brandts exponential decay thesis is based on the fact that Bitcoins percentage gain has significantly reduced in every subsequent bull cycle.  Related Reading: Ethereum Withdrawals From Exchanges Top 260,000 ETH What This Means For Price For context, Bitcoin, according to the crypto expert, recorded a 122x increase from its market low to market high between 2015 and 2017. However, that was only 21.3% of Bitcoin’s price gain in the previous cycle (between 2011 and 2013). Source: X Brandt further noted that the same thing happened between 2018 and 2021. Despite a 22x increase from its market low to market high, Bitcoin only recorded 18% of the price increase it saw in the previous cycle. Having laid this premise, the crypto expert concluded that this market cycle shouldnt be any different as Bitcoin will likely see about 20% of the price gain recorded in the previous cycle.  Taking $15,473 as the market low for this cycle, he noted that 20% of the previous cycles gain would mean that the market high for this cycle was supposed to be $72,723, a price level that Bitcoin already hit on its way to a new all-time high (ATH) of $73,750.  Meanwhile, the crypto expert acknowledged that Bitcoin historically records its most price gains after the Bitcoin halving, which just recently occurred. However, he added that the crypto community has to deal with the fact of the exponential decay, which has made him believe there is a 25% chance that Bitcoin has already topped this cycle. Why The Exponential Decay Might Be Bullish For Bitcoin Brandt mentioned that Bitcoin would likely drop to the mid $30,000 or its 2021 lows if it has indeed topped. He, however, added that this decline could be the most bullish thing that could happen from a long-term view. Related Reading: Brace For Price Impact: Dogecoin Whales Move Massive 456 Million DOGE To Exchanges From a classical charting point of view, the crypto expert hinted that Bitcoin was still primed for major parabolic moves to the upside, even though it doesnt happen now.  Source: X He also shared an example of what Bitcoins chart could look like when this move happens with the crypto token rallying above $100,000. Brandt also alluded to Golds chart from August 2020 to March 2024 as an example of what Bitcoins price action could look like soon enough. Interestingly, he recently predicted that Bitcoin will soon be King over Gold. BTC price drops below $63,000 | Source: BTCUSD on Tradingview.com Featured image from Forkast News, chart from Tradingview.com

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Crypto Expert Says Dogecoin, Shiba Inu, PEPE, Others Are About To Explode

Crypto analyst Michaël van de Poppe has laid a bullish narrative for altcoins, predicting that these crypto tokens will make a significant run of theirs soon. This prediction is based on his belief that altcoins are still undervalued compared to the flagship crypto, Bitcoin.  Crypto Analyst Says Altcoins Are About To Explode Michaël van de Poppe mentioned in an X (formerly Twitter) post that there is still around 40-60% market capitalization to gain for the altcoins. In a subsequent X post, he noted that the valuations of these crypto tokens in their BTC pairs are still relatively low, and that suggests that strength is still to come, he claimed.  Related Reading: Dogecoin To $100? Crypto Analyst Reveals The Key The analyst believes that the valuation of these altcoins should be done using their Bitcoin values and no other way. If that is done, he remarked that one will be able to see that most altcoins are still heavily undervalued compared to the flagship crypto. Meanwhile, he hinted that altcoins will enjoy these significant gains once Bitcoin consolidates.  In a video posted on his YouTube Channel, Michaël van de Poppe elaborated on the correlation between Bitcoin and these altcoins. The analyst stated that Bitcoin hitting new highs means that there is more money in the market and that this money will rotate to other crypto tokens soon enough.  Once that happens, he expects these altcoins to make significant returns that might be underestimated because of the bear market stigma. Meanwhile, Michaël van de Poppe predicts that altcoin season will come in different rounds. The first one will see these crypto tokens coming close to their all-time high (ATH) or even breaking it, as seen with some already.  The Best Time To Have Bought Altcoins  Michaël van de Poppe had previously prepared his followers for this imminent altcoin season when he advised them on the right time to buy these crypto tokens. Back then, he mentioned that the best time to invest in altcoins was 6-10 months prior to the Bitcoin Halving. Related Reading: Shiba Inu Sees 2,000% Explosion In Adoption, Is SHIB Headed For A $0.0008 ATH? The analyst called that one correctly, seeing as altcoins have made significant runs since then alongside Bitcoin. AI and Meme coins, in particular, have led the way, with tokens like the foremost meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB), seeing a significant increase in their market cap.  Despite the tremendous run these tokens have made so far, there still seems to be an opportunity for investors to position themselves, considering that Michaël van de Poppe mentioned that they are still undervalued.  DOGE price at $0.166 | Source: DOGEUSDT on Tradingview.com Featured image from The Crypto Times, chart from Tradingview.com

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Crypto Expert Says Prepare Yourself For Massive Altcoin Run, Heres Why

Cryptocurrency analyst, Michael van de Poppe has alerted the broader cryptocurrency community about an upcoming altcoin rally. The analyst has cited the recent upward trend experienced by Bitcoin as a positive signal for this prediction.  Get Ready For Major Altcoin Run In a recent X (formerly Twitter) post, Poppe suggested that altcoins are poised to become the next in line for the 2024 bullish momentum. Citing Bitcoins recent upward surge to over $60,000, the crypto analyst has disclosed that this substantial price increase is a clear signal for a potential altcoin rally in the market.  Related Reading: Bitcoin Profitability Reaches 97% For The First Time In Over 2 Years He predicts that during this potential altcoin run, major cryptocurrencies may experience substantial surges that could potentially push their prices far above their previous all-time highs. In light of this, the crypto analyst has advised the broader cryptocurrency community to remain vigilant and make necessary preparations for this anticipated bullish event.  Lately, market sentiment has been indicating a shift from Bitcoin investments to meme coins and other major altcoins. Just last week, a Solana-based memecoin, Dogwifhat (WIF) experienced a massive surge, propelling its price to $1 and boasting a year-to-year gain of over 90%.  Furthermore, popular altcoins like Solana and Cardano have witnessed significant price increases and growth in their respective markets. On March 1, Solanas price surged to two-year highs, skyrocketing above $136. Conversely, Cardano recorded a boost in its adoption rate, with the total number of Cardano wallets in the ecosystem approaching 4.6 million.  These subtle developments are indicating a potential shift in the market dynamics of altcoins, as an increasing number of cryptocurrencies are beginning to mirror Bitcoins bullish momentum.  Altcoins Gearing To Pump A crypto analyst, identified as Dami Defi on X has disclosed that recent market trends are signaling that altcoins are getting ready to pump. Dami Defis predictions are anchored in the diminishing dominance of Bitcoin in the cryptocurrency market. He explained that when the market capitalization of the entire crypto market is on the rise and simultaneously, Bitcoins dominance decreases, it often signals a healthy and widespread bull market in the crypto space.  Related Reading: Crypto Exchange Says Cardano Price Can Reach $165, Heres When According to the analyst, this scenario implies that the markets growth is not solely focused on Bitcoin but would also potentially be distributed across various altcoins. He has revealed that despite Bitcoins recent price rally, the cryptocurrency has been experiencing notable outflows, with a substantial portion of these funds moving into altcoins.  If we continue to see BTC dominance go down and total 3 resistance gets broken, all hell will break lose and altcoins will pump crazy, Dami Defi stated.  Altcoins market cap at $1.08 trillion | Source: Crypto Total Marekt Cap Exclusing BTC Featured image from Coinpedia, chart from Tradingview.com

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Crypto Expert Reveals The Possibility Of Bitcoin Reaching $500,000

Crypto experts and analysts have given their opinions on how Bitcoin could rise in this bull cycle, with some opining that the flagship crypto token could rise to as high as $237,000. Now, this crypto expert has given a more ambitious price prediction, raising the possibility of Bitcoin hitting $500,000.  Bullish Sentiment Shows Bitcoin Can Reach $500,000 Crypto analyst Michaël van de Poppe mentioned in an X (formerly Twitter) post that the likelihood of BTC reaching $500,000 long-term is definitely there. He based this assertion on the overly bullish sentiment, which he noted is great for Bitcoin.  Related Reading: Crypto Expert Reveals Why XRP Price Will Rise 1,700% To $10 On the road to $500,000, Michaël van de Poppe noted that corrections will happen and they will be rough. However, he believes this shouldnt deter investors but serve as a giant buying opportunity, especially when BTC corrects 20% or more. This has been the case with Michael Saylors MicroStrategy, which has continued to buy on Bitcoin dips and now holds 1% of Bitcoins circulating supply.   Interestingly, a pseudonymous crypto analyst (Bitcoin Munger) also recently shared their Bitcoin target of $500,000. Unlike Michaël van de Poppe, who didnt provide a specific time frame, this analyst hinted at Bitcoin hitting this price level by mid-2025. Meanwhile, Bitcoin Munger echoed Michaël van de Poppes sentiment, stating there will be many scary drops along the way. Significant price corrections in this bull cycle look inevitable, and different crypto analysts have continued to emphasize this point. Alex Thorn, Head of Research at Galaxy Digital, also mentioned that corrections are expected as the market doesn’t move to the upside unfettered, even in a bull market.  The Most Ambitious BTC Price Prediction Yet So far, the most ambitious Bitcoin price prediction is still from Jan3 CEO and Bitcoiner Samson Mow. Mow predicts that BTC could hit $1 million this year. He alluded to the imbalance between BTC’S demand and supply, which is why he believes the flagship crypto token can reach such heights.  Related Reading: Top 3 Solana Meme Coins To Buy Amid The Bitcoin Crash That Could 10x Mow believes that Bitcoins price will react accordingly as demand for the crypto token outpaces miners supply. This supply will be cut in half when the Halving event takes place in April. The aftermath of the event can create a potential scarcity for BTC, which will undoubtedly help drive its price up. However, BTC at $1 million still looks unimaginable.  At the time of writing, Bitcoin is trading at around $67,300, up over 7% in the last 24 hours according to data from CoinMarketCap. BTC drives another market recovery | Source: BTCUSD on Tradingview.com Featured image from Newsbit, chart from Tradingview.com

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Crypto Expert Reveals Why XRP Price Will Rise 1,700% To $10

Despite concerns about the XRP price performance in this market cycle, this crypto expert has elaborated on why he believes the crypto token will still record significant gains. He even predicts that XRP could rise to as high as $10.  Why XRP Price Could Rise To As High As $10 Nick, the founder of Web3Alert, mentioned in an X (formerly Twitter) post that his price range for XRP in this market cycle is between $5 and $10. According to him, this is possible considering that there are predictions that ETH will rise to between $7,500 and $10,000 and Bitcoin will rise to between $100,000 and $150,000.  Related Reading: Crypto Report Says Alameda Gap Is Gone After Bitcoin Rally, What This Means Nick noted that the XRP price rising to between $5 and $10 would put its market cap at $500 billion and 1 trillion, respectively. That puts the crypto tokens market cap in a similar category to that of Bitcoin and Ethereum, which could be valued as high as $2.9 trillion and $1.2 trillion if their price predictions are fully actualized.  In other words, Nick argues that XRP hitting these prices is not farfetched since there is still much room for growth for the two largest crypto tokens by market cap, Bitcoin and Ethereum. As those two tokens continue to increase in price, he expects XRP to follow suit. Interestingly, he opined that his XRP prediction is conservative, suggesting XRP could go way higher.  Following Nicks assertion, another X user remarked that comparing XRP to Bitcoin and Ethereum seemed out of place since BTC and ETHs price prediction is just a 2x, unlike XRP, which will need to see a 10x in its price to hit those targets. Nick responded that this simply shows that XRP is undervalued and presents a great ROI opportunity in this cycle.  The Belief In XRPs Potential Nick joins a list of crypto analysts who have expressed optimism about XRPs potential in this market cycle despite its underperformance to start this bull run. Crypto expert Zach Rector also recently shared his belief and gave reasons why XRP is still bound to perform well in this bull market.  Related Reading: Bitcoin Halving Retrace Spooks Investors: What Is It And Why Does It Matter? Although he didnt give any price prediction, he alluded to XRPs fundamentals as one reason why he holds this belief. Meanwhile, technical analysts like Egrag Crypto have also made bullish price predictions for XRP heading into this market cycle. Egrag has even gone as far as suggesting that the XRP price could rise to as high as $27 at the peak of this bull run.  At the time of writing, the XRP price is trading at around $0.58, down over 3% in the last 24 hours, according to data from CoinMarketCap.  Token price retests $0.6 | Source: XRPUSDT on Tradingview.com Featured image from Coingape, chart from Tradingview.com

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Dave Ramsey Sides With Warren Buffett on Bitcoin Calls BTC Currency Based on Thin Air

Personal finance expert and best-selling author Dave Ramsey says he agrees with Berkshire Hathaway CEO Warren Buffett regarding bitcoin. Viewing the crypto as a currency whose value is based on “thin air,” Ramsey stressed: “I wouldn’t wish bitcoin investments on somebody I really dislike.” Dave Ramsey on Bitcoin: ‘It’s Still Thin Air’ Personal finance guru [...]

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Crypto Expert Reveals Why XRP Is Primed For Growth In This Bull Market

Despite XRP lagging in this early stage of this bull run, crypto expert Zach Rector has shared his belief and given reasons why the crypto token is still bound to perform well. He went as far as ranking the token up there with Bitcoin to drive home his point on why the token will make a run soon enough.  XRP Will Not Miss This Bull Run Rector mentioned in an X (formerly Twitter) post that XRP will not miss this bull run. In the accompanying video, the crypto expert highlighted the crypto tokens fundamentals as one of the reasons he holds this belief despite XRPs tepid price action. Rector further claimed that the token and XRP Ledger (XRPL) have some of the best fundamentals in the crypto space.  Related Reading: Dogecoin Influencer Sounds Critical Warning Alarm For Scams Targeting The Community Rector even challenged his followers to mention any other crypto token with a better fundamental than XRP. According to him, Bitcoin is the only other token that comes close to XRP in that regard. His statement echoes the sentiments of Ripples CEO Brad Garlinhouse, who recently stated the importance of real-world utility in driving a cryptos growth.  Meanwhile, Rector alluded to XRPs recent pump as a sign of the great things to come for the crypto token. On March 11, XRP climbed to as high as $0.74 before seeing a sharp correction. However, the community will hope Rectors conviction is correct, considering that XRP didnt make any significant statement in the 2021 bull run.   As Rector noted, community members faith in the token is fast waning, and there is a belief that a repeat of the altcoin’s sluggish 2021 run will ultimately erode this faith. XRP getting close to or surpassing its all-time high (ATH) of $3 will be a great place to start if it is to make a run in this bull run.  Time For Price Predictions To Come True Crypto analysts like Crypto Rover and Egrag Crypto had before now made bullish price predictions for XRP, which are meant to be actualized sometime around this period. On his part, Crypto Rover predicted that the altcoin would see a massive breakout this March. Meanwhile, Egrag predicted that XRP will rise to $5 between now and April.  Related Reading: Samson Mow Gives Reasons Why Bitcoin Price Could Reach $1 Million This Year Other analysts like Dark Defender have also fuelled expectations for XRP this period. Dark Defender, in particular, recently stated that the next target for toke is the $1.33 price mark and that the $1.88 and $5.85 Fibonacci targets could be attained in the upcoming weeks.  At the time of writing, XRP is trading at around $0.686, down over 1% in the last 24 hours, according to data from CoinMarketCap.  Token price at $0.68 | Source: XRPUSDT on Tradingview.com Featured image from Bitcoin News, chart from Tradingview.com

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Crypto Expert Reveals Why Bitcoin Could Hit $200,000 By April

A crypto analyst has forecasted Bitcoins price to surge to unprecedented highs ahead of the 2024 Bitcoin halving event scheduled for April. The cryptocurrency has already been experiencing significant gains, surpassing its previous all-time high to trade above $70,000.  Bitcoins Path To $200,000 In a recent X (formerly Twitter) post, crypto analyst, Gert van Lagen provided a compelling narrative supporting Bitcoins bullish trajectory leading up to the halving event in April 2024.  Related Reading: Crypto Expert Says Dogecoin, Shiba Inu, PEPE, Others Are About To Explode Sharing a price chart illustrating Bitcoins recent bullish movements, Lagen revealed that the cryptocurrency doubled in value within 10, 18 and 84 days following its surge to new all-time highs. As a result of this massive rallying trend, the analyst confidently expressed his belief that a move to $200,000 before the halving cycle in April is becoming more plausible.  Traditionally, the Bitcoin halving marks an event where the rewards for mining new blocks are cut by half, leading to a subsequent reduction in the cryptocurrencys supply and contributing to a sustainable increase in its value. The highly regarded four-year event is usually accompanied by a significant bull run for Bitcoin and other cryptocurrencies within the market.  Contrary to historical patterns indicating that the Bitcoin bull run typically aligns with the halving event, the cryptocurrency has been experiencing unprecedented gains in anticipation of the halving, leading analysts to consider the possibility of an even larger price jump during the event.  The cryptocurrencys achievement of a new all-time high before the halving stands as an extraordinary occurrence, underscoring the immense demand and growing popularity of Bitcoin in the crypto space.  Including Lagen, other analysts have predicted bullish outcomes for Bitcoin ahead of the halving event. According to crypto analyst, The Bitcoin Therapist, on X, Bitcoin is expected to rise to $100,000 by April. Additionally, a steady rise to new all-time highs at $75,000 is expected to occur before the halving, as stated by another crypto analyst.  Bitcoin Smashes Through $70,000 Barrier Following its previous surge to $70,000 on Friday, March 8, 2024, Bitcoin encountered a minor setback, retracting to a level just above $69,000. However, in the last 24 hours, the cryptocurrency has recorded an unprecedented surge, amassing approximately 2.68% and currently trading above the $71,000 price mark, according to CoinMarketCap. Related Reading: Shiba Inu BONE Token Garners Over 20,000 Picks On Binance Futures NEXT Program This price increase marks a historic milestone for the cryptocurrency as it reaches an all-time high above $71,000 for the first time. As of this moment, Bitcoin is trading around $71,312, experiencing significant price fluctuations that have contributed to its recent gains. The cryptocurrencys 24-hour trading volume is also up by 82.80%, underscoring the increasing demand and interest in the pioneering digital currency. BTC price at $71,581 | Source: BTCUSD on Tradingview.com Featured image from Yahoo Finance, chart from Tradingview.com

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Experts Predict Ethereum to Double in Price by the End of 2022

Experts at Finder have announced a very positive prediction for Ethereum (ETH) in the near future.

Continue reading Experts Predict Ethereum to Double in Price by the End of 2022 at DailyCoin.com.

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U.S. Regulatory Crackdown Forces Law Firms to Staff Up on Crypto Experts

Laurel Loomis Rimon has moved firms with the intention of heading up the growing crypto needs of the company.

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