Crypto News
Crypto Analyst Predicts Bitcoin Could Surpass $330,000, Breaking Historical Growth Patterns
In an analysis posted on Tradingview, cryptocurrency analyst Tradingshot presents a view where bitcoin might cross the $330,000 threshold. Utilizing a blend of historical pattern disruptions and the Theory of Diminishing Returns (TODR), the market analyst posits that the upcoming cycle may break from the traditional pattern of lesser yields. Bitcoin’s Journey Towards a PossibleSource link
Market Optimism Peaks as Bitcoin Call Options Aim for $100K Milestone
Following bitcoin’s significant market activity this week, conversations around the bull market have hit a high pitch, with numerous predictions of substantial increases in the leading crypto asset’s price cycle. Evidence indicates that call options, with strike prices ranging from $80,000 to $100,000, are now in the mix, as speculators exhibit strong optimism. Bitcoin BullSource link
Microstrategy’s Bitcoin Portfolio Value Soars to $13.2 Billion, Marking a 116% Gain
According to the latest figures, Microstrategy’s investment in bitcoin has doubled, showing a 116% increase after the cryptocurrency’s value experienced a significant rise this past week. The company, specializing in business intelligence, has acquired a total of 193,000 bitcoins at an expenditure of $6.122 billion, with the current market value of their holdings soaring toSource link
This Week in Coins: Bitcoin Touches $70,000 As Major Altcoins Soar
Bitcoin wasn't the only digital asset making shockwaves this week.Source link
Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability
Amid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions on Ethereum has notably increased, pushing the average fee to $22.19 for each operation. Further data indicates that executing a swap on a decentralized exchange (dex) platform could incur a cost of $66. Transfers and Dex Swaps Costlier as EthereumSource link