ARK Invest CEO Cathie Wood recently declared that Bitcoin (BTC) will surpass the $1 million mark well before the anticipated year of 2030, which was her firm’s previous bull-case timeline.This updated price target comes as a result of new institutional involvement and significant regulatory milestones, especially the US approval of the first spot Bitcoin exchange-traded funds (ETFs).Revised outlookIn an interview with the New Zealand Herald on March 7, Wood shared that the introduction of spot ETFs marked a major turning point, signaling wider acceptance and integration of Bitcoin into the traditional financial system.The SEC approval and the subsequent record-breaking performance…
Author: Web3 Daily Press Staff
Tom Lee, the founder and head of research at FundStrat Global Advisors, has once again vocalized a compellingly bullish forecast for Bitcoin (BTC). During an engaging interview with CNBC, Lee projected an impressive potential upswing for Bitcoin, positing it might escalate to a staggering $150,000 within the next 12 to 18 months. This prediction suggests a roughly 117% increase from its current standing, captured against the backdrop of Bitcoin’s role as a safeguard against fiscal instability. “I think that sometime in the next 12–18 months, Bitcoin can be over $150,000. But that’s because the backdrop for BTC is so much…
In the ever-evolving terrains of cryptocurrency investment, Scorpion Casino (SCORP) and Smog (SMOG) emerge as compelling contenders poised to replicate the achievements of Litecoin as prime cryptos worth considering. SCORP Has Been A Revelation In Crypto Scorpion Casino sets itself apart with its remarkable attributes and strategic foothold in the online gambling sector. Utilizing blockchain technology, SCORP ensures unrivaled transparency, efficiency, and security, providing investors with an entryway into the online gambling market, forecasted to soar to $145.6 billion by 2030. The resounding success of SCORP’s presale, amassing over $6.3 million, serves as a testament to investor confidence and underscores…
Advertisement     Since Shiba Inu (SHIB) recently took the top ten crypto spot, the meme coin continues to be among the cryptocurrencies that are the talk of the town. As a result, top market analyst Rekt Capital believes SHIB will likely complete its macro u-shaped reversal after recording an increase of more than 200% to hit the $0.00003 level. Source: Rekt Capital Shiba Inu recently made waves after becoming the tenth-largest cryptocurrency based on market value after recording a massive gain from the 18th position, where its market cap stood at $5.6 billion. Despite SHIB witnessing a pullback…
Oobit, a leading mobile payment app, has partnered with VeChain to integrate VET (VeChain Token) into its platform, marking a significant leap toward advancing the adoption of cryptocurrencies for sustainable everyday payments. The collaboration aligns with VeChain’s commitment to environmental, social, and governance (ESG) initiatives, envisioning a future where blockchain and digital assets drive sustainable practices across industries. With 72.7 billion out of 85.9 billion VET in circulation, the integration of VET into Oobit’s Tap & Pay feature enables users to utilize it for everyday transactions and contribute directly to VeChain’s ESG aspirations. Users engaging with sustainability-focused dApps through VeBetterDAO…
As anticipation mounts in the cryptocurrency market, the ongoing Kelexo (KLXO) presale is increasingly attracting capital from XRP (XRP) and Tether (USDT) whales, as analysts have forecasted outsized gains for the lending platform soon. Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. Kelexo (KLXO) is a beacon of innovation, offering streamlined lending solutions powered by blockchain technology. With its presale underway and significant investor interest, Kelexo (KLXO) is aiming to carve a niche for itself in…
In an era where digital currencies redefine wealth creation, investors are constantly on the lookout for innovative avenues to maximize their earnings. Scorpion Casino emerges as a groundbreaking platform in this digital finance evolution, offering unique staking rewards that attract Polkadot and TRON enthusiasts. This comparative analysis delves into how Scorpion Casino’s daily staking rewards are reshaping investor strategies in the crypto realm, specifically focusing on generating passive income. Discover why savvy investors are diversifying their portfolios with Scorpion Casino’s offerings. Polkadot (DOT): A Blockchain Connectivity Pioneer Polkadot stands as an icon of innovation in the blockchain industry, designed to…
The crypto and NFT gaming space is busier than ever, with prominent game releases, token airdrops piling up, plus a constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. If you need a quick way to get caught up on the latest moves around crypto video games, we’re bringing you This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase a few of our original stories from…
In the dynamic world of cryptocurrency, March has ushered in an electrifying wave of anticipation, especially among Dogecoin (DOGE) whales, who are now closely monitoring a new meme cryptocurrency, Shiba Budz (BUDZ). This fresh entrant to the meme coin universe is not just turning heads but is poised for an astounding 300% gain, capturing the attention of seasoned investors and the broader crypto community alike. Dogecoin (DOGE): The Benchmark of Meme Coins Dogecoin (DOGE) has long been the gold standard for meme cryptocurrencies, with a robust community and the kind of volatility that can make or break fortunes overnight. Its…
HostAIHostAI revolutionizes cloud computing by merging with Decentralized Finance, offering unrestricted access to resources through DePINMiami, Florida, March 10, 2024 (GLOBE NEWSWIRE) — HostAI, the pioneering force in merging Cloud Computing with Decentralized Finance (DeFi), proudly announces its official launch, marking a significant leap forward in the realm of decentralized cloud infrastructure. With a mission to democratize access to cloud resources, HostAI introduces a groundbreaking platform that leverages the power of Decentralized Physical Infrastructure Networks (DePIN).In a world where cloud computing has become indispensable across various industries including gaming, design, and hosting, HostAI breaks barriers by offering unparalleled accessibility through…