#btchalving

📉 A pivotal moment for investors and traders alike.

The current year has already witnessed significant developments impacting the cryptocurrency industry, with one of the most crucial events being the approval of spot Bitcoin ETFs in the United States. Recently, the flagship of the crypto market reached global extremes, last seen in 2021. Many industry experts note that a full-fledged bull run is just beginning. With the highly anticipated halving scheduled for April, which could have a significant impact on the coin's dynamics, experts at Finbold sought insights on the potential price of BTC post-halving. According to ChatGPT, the machine learning system suggests that even before the event, Bitcoin could reach a new all-time high of $69,000. Following the halving, its price could potentially reach $80,000. It is worth noting that the reduction in miners' rewards for mined blocks has the most substantial impact several months later. According to ChatGPT, by December 31, 2024, Bitcoin could rise to $85,000. However, the machine learning system has also formulated a possible negative scenario in which Bitcoin could plummet to $10,000. This would only occur in the event of market fatigue, the implementation of regulatory crackdowns, and the emergence of a significant competitor. Previously, trader Skew reported that from a technical standpoint, Bitcoin confidently surpasses all resistances, which then act as strong supports. According to the specialist, the leading digital currency appears overbought, but there are currently no signs of a deep correction. Skew also highlighted the sustained institutional demand for the leading digital currency. Against this backdrop, specialized ETFs actively attract funds from large investors. Read the full article

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Some of the biggest investors in the world – like Paul Tudor Jones – have stepped forward at some point this year to speak their praises for bitcoin. Now, a new investor – a major face behind Tesla, the Elon Musk-owned car company – is claiming that bitcoin could potentially serve as the world’s first global currency in the coming years. ⠀ Bitcoin Could Get Much Bigger Than It Is ⠀ Ark Invest analyst Yassine Elmandjra explained recently: ⠀ “ While scarce and durable, bitcoin also is divisible, verifiable, portable, and transferable, a range of monetary characteristics that confer superior utility, potentially driving demand and deeming it suitable, if not superior, for the role of global digital money.” ⠀ Elmandjra is not just predicting big things for bitcoin. As an avid follower of Tesla, he explained that he sees the automobile venture reaching new heights by the year 2024, and that its shares and stock prices could increase “seven-fold.” ⠀ The Words “Digital Gold” Make Sense ⠀ Still, Elmandjra has high hopes for the world’s leading digital asset, claiming: ⠀ “ We believe, as a suitable contender for the first global digital money, bitcoin should attract demand that’s similar, at a minimum, to that of gold. Bitcoin’s complexity should not prevent financial institutions from analyzing it in depth. Yet, contrary to claims that it is in a massive bubble, bitcoin’s network value or market cap is less than two percent that of gold… We believe bitcoin not only shares many of gold’s characteristics, but it also improves upon them.” ⠀ 👉 Follow Us on Instagram 🙏: @intocryptonews ⠀ 👉 Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #cryptocurrencynews #btchalving #bitcoinusa #bitcoinholder #investinbitcoin #cryptonews #bitcoin #digitalgold #btcprice #bitcoinmarketcap #cryptotalk247 #bitcoinhashrate #intocryptonews #bitcoins #bitcoinhodler #bitcoininfo #timeforplanb #bitcoinmarket #bitcoinhalving #bitcoinnews #bitcoininvestor #btc #cryptocurrency #bitcoinprice #cryptolife #gold #tesla #cryptocurrencies #bitcoinprediction #crypto https://www.instagram.com/p/CCJ7TKJAhUA/?igshid=1ntmgd9btnvmz

Payments giant PayPal is reportedly planning to launch cryptocurrency services for its 305 million active account holders. According to a Coindesk report, several sources say that PayPal, as well as Venmo, will allow users to buy and sell cryptocurrency. ⠀ Spanning the globe, PayPal currently operates in over 200 countries and regions and supports over 100 currencies. ⠀ One of three sources tells Coindesk that PayPal will work with cryptocurrency exchanges and appears to be exploring a partnership European Bitcoin exchange Bitstamp and expanding its partnership with Coinbase which already allows US, European and Canadian crypto customers to withdraw their fiat balances to PayPal. ⠀ PayPal has the kind of brand name that could help cement Bitcoin and other cryptocurrencies as mainstream forms of money. At the same time, PayPal would become another middleman, “working with multiple exchanges to source liquidity,” according to the report, to bring peer-to-peer cryptocurrencies to the masses. ⠀ Please let me know what you think about this. ⠀ 👉 Follow Us on Instagram 🙏: @intocryptonews ⠀ 👉 See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #bitcoins #bitcoinprice #btc #bitcoinprediction #btchalving #paypal #bitstamp #bitcoinfutures #btcprice #bitcoininfo #bitcoinnews #bitcoinhodler #cryptocurrency #bitcoinholder #intocryptonews #venmo #bitcoininvestor #cryptocurrencies #cryptonews #bitcoin #bitcoinmarket #cryptotalk247 #bitcoinusa #bitcoinhalving #investinbitcoin #bitcoinmarketcap #crypto #timeforplanb #cryptocurrencynews #cryptolife https://www.instagram.com/p/CBwNBO7gJsq/?igshid=1v7eaz11xadj1

In a tweetstorm, analyst Croesus says that PlanB’s S2F model, which forecasts BTC’s rise to $100,000 by 2021, has a lot of naysayers because it predicts Bitcoin rising dramatically in a relatively short period of time. But Croesus points out that critics of the model fail to take into account the exponential increase that comes with the adoption of new technology, whether it is social media or Bitcoin. ⠀ The pseudonymous analyst assumes that Bitcoin has a total addressable market of 2.2 billion users based on the number of individuals in the world with a net worth of at least $10,000. Croesus says that Bitcoin has a current market penetration of 10 million users based on the number of addresses holding less than $1,000 worth of BTC and including balances in crypto exchanges as well as ownership of Bitcoin derivatives. ⠀ Based on the figures above, the analyst says that Bitcoin’s current adoption rate stands at 0.5%. ⠀ Croesus highlights the fact that technology adoption in this day and age is “faster than ever.” ⠀ While adoption of Bitcoin has been slower than other technologies, Croesus expects the scarcity of BTC to eventually kick in and drive the price higher. As adoption grows and the amount of new BTC mined decreases over time due to the halvings, a slight increase in demand could result in a significant surge in value. ⠀ Please let me know what you think about this. ⠀ 👉 Follow Us on Instagram 🙏: @intocryptonews ⠀ 👉 See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #bitcoinmarketcap #btchalving #bitcoinprediction #bitcoinprice #btcprice #timeforplanb #bitcoininvestor #bitcoinhash #bitcoinnews #btc #bitcoinhashrate #bitcoinusa #investinbitcoin #bitcoinhashpower #bitcoinhodler #bitcoins #bitcoinfutures #bitcoinholder #bitcoinmarket #bitcoininfo #bitcoinhalving #bitcoin https://www.instagram.com/p/CBgopzGAFw0/?igshid=1kiim0xp28nwp

US Congressman Warren Davidson thinks Bitcoin is a great store of value while taking shots at central banks for their efforts to print more money. ⠀ In a new interview with Laura Shin of Unchained, the Ohio Republican lauds the potential of crypto assets. He also criticizes how frequently modern central banks print money. ⠀ But that doesn’t mean Davidson thinks Bitcoin should replace the dollar. The congressman doesn’t believe BTC is nimble enough to a be national currency, particularly in light of the economic demands caused by Covid-19. ⠀ “I think if you had Bitcoin as your national currency you would see the lack of flexibility that [BTC] would provide for a central bank in a situation like this. I view Bitcoin personally kind of like digital gold versus a true currency. I think it’s a great store of value.” ⠀ Davidson says he doesn’t personally own any Bitcoin, noting that it would be inappropriate – though not technically against the rules – due to his public role as a legislative advocate for the crypto space. ⠀ Please let me know what you think about this. ⠀ 👉 Follow Us on Instagram 🙏: @intocryptonews ⠀ 👉 See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #bitcoinhodler #bitcoinholder #intocryptonews #bitcoinnews #btchalving #bitcoinmarketcap #cryptocurrencies #bitcoinprice #bitcoininfo #btcprice #usa #investinbitcoin #cryptotalk247 #cryptolife #timeforplanb #cryptocurrency #bitcoins #regulation #bitcoinfutures #cryptocurrencynews #btc #bitcoin #bitcoinusa #government #bitcoinmarket #bitcoinhalving #cryptonews #bitcoininvestor #crypto #bitcoinprediction https://www.instagram.com/p/CBROzy6Ah61/?igshid=1ekcojnntgzj2