VanEck foresees $180k Bitcoin by Q1 2025 in dual-peak bull market
VanEck foresees $180k Bitcoin by Q1 2025 in dual-peak bull marketVanEck predicts dual peaks in 2025, with Bitcoin hitting $180,000 and Ethereum reaching $6,000 in the first leg up during the first quarter.
Happy Saturday!Today's cryptocurrency headlines feature significant predictions and critical discussions that have the potential to reshape the market landscape. VanEck is stirring excitement by forecasting that Bitcoin could surge to $180,000 and Ethereum to $6,000 by Q1 2025, marking the beginning of a dual-peak bull market. Meanwhile, a Japanese lawmaker is advocating for the country to consider Bitcoin reserves as Japan reassesses its economic strategy in a competitive global environment. In the tech sector, OpenAI is pushing back against Elon Musk's lawsuit, reminding critics of his previous support for their profit-driven approach. Dive into these developments and more in today’s newsletter! LATEST SLATECAST 🎙️ Layer3 Co-founder Brandon Kumar on building a user-centric crypto engagement platform 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.61 trillion, with a 24-hour volume of $143.16 billion. The price of Bitcoin is $101,574.44, and BTC market dominance is 55.7%. The price of Ethereum is $3,884.57, and ETH market dominance is 12.9%. The best-performing sector is Agriculture, which gained 26%. The Crypto Fear & Greed Index is currently Greed (83). 📰 Top News
VanEck foresees $180k Bitcoin by Q1 2025 in dual-peak bull marketVanEck predicts dual peaks in 2025, with Bitcoin hitting $180,000 and Ethereum reaching $6,000 in the first leg up during the first quarter. Japanese lawmaker urges consideration of Bitcoin reserve in light of US effortsJapanese lawmaker advocates for Bitcoin reserves as Japan grapples with economic positioning on the global stage. OpenAI counters Musk’s lawsuit by highlighting his past profit advocacyOpenAI defends its for-profit shift, highlighting Musk's initial support and later demands for control. 📈 Latest Insights🗞️ More News
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Bitcoin velocity hits 12-year low as institutional demand drives up price
Thursday, December 19, 2024
Despite reaching an all-time high, Bitcoin's velocity continues to drop, signaling a new era of institutional accumulation. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Donald Trump reportedly plans to leverage $200 billion US Treasury fund for Bitcoin reserves
Thursday, December 19, 2024
Trump's bold Treasury strategy could establish the US as a frontrunner in Bitcoin reserves amid global interest. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitfinex projects Bitcoin peaking at $290k in early 2026 if historical patterns repeat
Thursday, December 19, 2024
Historical indicators suggest Bitcoin's price could soar between $160000 and $290000, depending on market dynamics. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin to hit $1 million by 2027 using new adoption pricing model
Thursday, December 19, 2024
Bitcoin modeled as a resource with fixed supply cap, raising potential for rapid price escalation amid growing demand and strategic reserves. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Ripple secures NYDFS greenlight to launch RLUSD stablecoin
Wednesday, December 11, 2024
Bard Garlinghouse confirmed the regulator approval, stating the stablecoin will go live soon. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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SEC Commissioner predicts early improvements for crypto ETFs under new leadership
Saturday, December 21, 2024
Changes such as staking for Ethereum ETFs and in-kind redemptions for Bitcoin products will likely to happen early on, says Hester Peirce. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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