CryptoNews

  ‘Very, Very High’—$20 Trillion Bitcoin Predicted As ‘Stampede’ Suddenly Sends Price Soaring Bitcoin has bounced back from a huge price crash this week— though crypto exchange Coinbase has issued serious warning to users . Subscribe now to  Forbes' CryptoAsset & Blockchain Advisor  and "uncover blockchain blockbusters poised for 1,000% plus gains" in the aftermath of bitcoin's halving earthquake! The bitcoin price has swung from highs of $70,000 per bitcoin last month to lows of under $50,000 on Monday. The rebound, coming along with a stock market rally, has been helped by  two of former U.S. president Donald Trump's sons, Eric and Don Jr., have teased a "big" crypto announcement . Now, after Trump floated a radical plan to solve the U.S. debt crisis, legendary trader Arthur Hayes has predicted the bitcoin price could soar to $1 million—something that would give bitcoin a market capitalization of $20 trillion. Sign up now for the free CryptoCodex—A...

  Bitcoin Bulls Revisit $100K Year-End Target as BTC Spikes Over $62K “Regardless of the next 60 days, the bull market will continue along traditional four-year cycle lines with solid gains in October and November,” one trader said. * Bitcoin surged over $62,000 briefly before retreating, following a broad market rally that reversed steep losses from earlier in the week. * Some analysts predicted a $100,000 target for the cryptocurrency later this year. * The rally was influenced by favorable stock market sentiment and expectations of bitcoin mirroring its past market cycles, with liquidated short positions contributing to the surge. “If Trump wins, a rush of new buyers could take the bitcoin price over $100,000,” Terpin said, adding that the six months after the halving have had pullbacks — and this fifth bitcoin cycle is no exception. “October and November are historically strong months for bitcoin, especially in the year of the halving and the year after,” he said. BTC’s rise re...