Anthony Scaramucci, founder, SkyBridge Capital, explained that Bitcoin will reach $300K in six years Anthony Scaramucci, founder, SkyBridge Capital, is reportedly financing a crypto company that was established by FTX US’ previous president, as reported by Cointelegraph. Skybridge Capital is “pretty optimistic” about bitcoin and ethereum over the next 12 to 24 months. The global asset management firm’s founder explained that the world’s largest cryptocurrency Bitcoin will reach… Source link

Jan 17 (Reuters) – Bitcoin is on the charge in 2023, dragging the crypto market off the floor and electrifying bonk, a new meme coin. The No.1 cryptocurrency has clocked a 26% gain in January, leaping 22% in the past week alone, breaking back above the $20,000 level and putting in on course for its best month since October 2021 – just before the Big Crypto Crash. Ether has also risen, by 29% this year, helping drive the value of the overall global cryptocurrency market above $1 trillion,… Source link

Mike McGlone, Bloomberg’s senior commodity strategist believes Bitcoin (BTC) could be developing a  “bottom” in the same way it did prior to 2019’s bull run but said there is a major difference this time around. During a Jan. 16 interview with crypto podcaster Scott Melker, McGlone argued unlike in 2018 when financial institutions such as the Federal Reserve were easing interest rates, this time they’re still tightening along with “every central bank.” “Back then the Fed already started… Source link

SUSHI price is reacting to the bullish momentum observed in the broader market as the altcoin rose to monthly highs on Monday. Going forward, this rise is expected to continue, given SushiSwap’s focus on becoming the market-leading decentralized exchange (DEX) this year.   Litecoin price has more bullish potential up its sleeve as bulls hone in on key levels above. Still, risk management should be the focus for investors looking to enter the trend. Litecoin… Source link

Bitcoin held above US$21,000 in Tuesday morning trading in Asia with the total cryptocurrency market capitalization also briefly breaching the US$1 trillion-dollar mark in the last 24 hours for the first time since mid-November. Ether also rose along with Polygon and Solana on the top 10 list of non-stablecoin cryptocurrencies. Dogecoin fell. See related article: U.S. House of Representatives forms new cryptocurrency subcommittee Fast facts Bitcoin rose 1.4% to US$21,155 in the 24 hours to 8:45… Source link

Bitcoin held above US$21,000 in Tuesday morning trading in Asia with the total cryptocurrency market capitalization also briefly breaching the US$1 trillion-dollar mark in the last 24 hours for the first time since mid-November. Ether also rose along with Polygon and Solana on the top 10 list of non-stablecoin cryptocurrencies. Dogecoin fell. See related article: U.S. House of Representatives forms new cryptocurrency subcommittee Fast facts Bitcoin rose 1.4% to US$21,155 in the 24 hours to 8:45… Source link

“We see the main driver behind this 20% BTC hike over the past week key as the fact that some macro fears are subsiding with positive economic data in the US, including lower inflation stats and strong job growth numbers, in Europe, the EU released unemployment stats which were the lowest in 23 years and, China lifted many of the border restrictions,” Bradley Duke, co-CEO at crypto ETP provider ETC Group, wrote in an email. “This shift in sentiment was reflected in the BTC futures market,… Source link

According to statistics, the number of Ethereum network validators on the Beacon chain exceeded 500,000 as of Jan. 12, 2023. The validator milestone comes as Ethereum core developers prepare for the Shanghai hard fork. Five days ago, Ethereum core developers launched a developer network environment called “devnet 2” for the upcoming upgrade. Ethereum Developers Launch ‘Devnet 2’ Testing Network for Upcoming Shanghai Upgrade; Network Exceeds 500,000 Validators On Jan. 11, 2023,… Source link

Monero receives a strong long-term technical score of 74 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. XMR currently holds a superior long-term technical analysis… Source link

InvestorsObserver analysis gives Litecoin a low risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver is… Source link