Crypto
2023’s Budget-Friendly Crypto Gems: Top 5 Affordable Picks
While the cryptocurrency market is flooded with many projects that are working to address the growing challenge of scalability and security, some are also coming up with interesting innovations. InQubeta (QUBE) is a new cryptocurrency project with the potential to disrupt the traditional investment process. Powered by the Ethereum network, the platform is a marketplace for AI-driven startups seeking funds to propel their growth. Users can choose to invest in the startups of their choice in a way that suits their budget through fractional investment and enjoy long-term rewards. The native cryptocurrency of the platform is QUBE, a utility token of deflationary nature. Potential investors can learn more about InQubeta’s groundbreaking project by visiting the presale site.
1. InQubeta’s Crowdfunding Platform Emerging as One of the Top Cryptocurrency Investments of 2023
InQubeta’s revolutionary cryptocurrency project is set on a mission to reshape the world of AI investments. Claiming to be the first cryptocurrency crowdfunding platform for AI-driven start-ups, the project has gained massive popularity in the crypto market. This is well demonstrated through their remarkable performance in the presale, raising a fund of around $2.3 million by the third presale stage.
The platform is built on the Ethereum network and powered by its native cryptocurrency QUBE. QUBE is an ERC20 deflationary currency that is used as a means of investment within the network. The token is designed to have its supply reduced over time with 2% proceeds from every QUBE transaction going into the burn wallet. The current price of the QUBE token is around $0.01.
The holders of the QUBE token are offered several opportunities to increase their residual token making it a good cryptocurrency to buy among investors and crypto enthusiasts. Its holder can engage in trading and also stake the tokens to draw sustained benefit from the staking pool. The staking pool is funded through a 5% buy and sell tax within the network.
The team at InQubeta has worked on a promising solution to address the problems faced by AI-driven startups when it comes to gathering funds to propel their growth. The inclusive and democratic ecosystem is designed to mutually benefit both investors and start-ups. The startups seeking funds can list their NFTs in InQubeta’s marketplace along with rewards and benefits for the investors. The platform allows the investors to browse through these NFTs and choose to purchase the one they believe has the potential to disrupt the market using QUBE tokens. Once the investors indulge in the fractional investment of the NFTs, the startups get the funds to drive their growth. In return, the investors have exclusive access to their products and services, a share in the profit, equity of the company, and other benefits coupled with the investment.
Many analysts and security firms conducting audits on InQubeta’s smart contract have stated their belief in the project to emerge as the top cryptocurrency ICO of the year. The company’s novel and innovative idea of fractional investment has swiftly garnered the interest of investors and traders looking to diversify their crypto portfolio. Here’s your chance to become an early adopter and benefit from the potentially high returns of InQubeta’s project by participating in the presale.
2. Algorand: First Environmentally Sustainable Blockchain Network
Algorand claims to be the first environmentally sustainable blockchain infrastructure to provide decentralization, scalability, and security. It is an open-source blockchain network primarily focusing on payments. The team aims to resolve the major issue of scalability, alongside promising an improved and efficient transaction speed making it the top ICO of 2019. The network is fueled by its native cryptocurrency, ALGO which is a utility token used as a means to pay transaction fees and serve as a minimum deposit balance in order to store the data on the blockchain.
The network makes use of the proof-of-stake (PoS) consensus mechanism to secure the blockchain with no mining activities unlike the energy-consuming process adopted by the flagship cryptocurrency, Bitcoin. According to the PoS mechanism, the users who stake or lock up their tokens within the Algorand network’s smart contract are entitled to the ability to validate a transaction and add a new block. The lock proposer and the voting committee are selected randomly by the network from their community of token holders. However, the probability of getting selected is directly related to the number of tokens staked. The chosen block proposers verify the transactions and receive interest based on their staked tokens.
The Algorand ecosystem has its own unique design dedicated to offering its users lower transaction fees and improved efficiency. The mainnet has the ability to handle almost 1 million transactions per day, ranking ALGO as one of the top cryptocurrency coins.
3. Stacks: A Bitcoin Layer for Smart Contracts
Stacks is a smart contract platform on the Bitcoin network facilitating decentralized applications (dApps) and smart contracts to use Bitcoin as an asset. As it is a layer two solution on the Bitcoin network, all the transactions on the Stack layer are settled and secured using Bitcoin’s hash power. Stacks aims to improve the performance and functionality of Bitcoin Layer One by providing faster and more scalable transactions. The native token of the network is STX. STX was originally designed to burn and mint at regular intervals. However, Stacks later redesigned its policy enabling the STX tokens to be minted every time a block is created. The number of tokens minted is designed to reduce with time. Currently, adding a new block mints 1000 STX tokens which will drop to 500 STX from 2025 to 2029 and the process will continue.
The network operates on a unique consensus mechanism called proof-of-transfer (POX). As per POX, the miners are required to invest in Bitcoin in order to receive the newly minted STX tokens. The team’s idea behind this is to reduce the hassle of spending extra energy which is already spent under the proof-of-work (PoW) consensus protocol of Bitcoin.
STX token offers many use cases, like paying transaction fees and powering smart contracts, making it a good cryptocurrency to buy. The holders of the STX tokens can also participate in the staking process to earn Bitcoin. Through the process of minting STX using BTC, the miners recycle the outcome of other people’s work.
4. Sui: Layer-1 Blockchain Using the Object-Centric Design
Sui is a layer-one blockchain solution designed to provide a seamless experience to both the developer and users of the network. The network is the first-of-its-kind smart contract platform designed with the aim to make the ownership of digital assets private, efficient, secure, and accessible to everyone. The network uses an object-centric design that lays its focus on utilizing objects as a basic unit of data storage unlike many other blockchain solutions using the accounts.
Sui Network stands apart with its distinctive features like horizontal scaling, on-chain storage, sparse relay, and composability, all designed to address the existent problems of the blockchain. Through horizontal scaling, the transactions are grouped and processed in parallel and the on-chain storage of data automatically makes querying less expensive. The network utilizes the delegated proof-of-stake mechanism (DPoS) to validate transactions on the network. The set of validators is chosen based on the number of tokens staked. However, token holders who only wish to participate in securing the network can back another validator they believe to be a good action by delegating their tokens to the new validators’ stake.
The native cryptocurrency of the network is SUI. SUI token serves many important functions making it one of the top cryptocurrencies to invest in. It can be used to facilitate on-chain transactions, gives the holder the right to governance, and can also be staked to earn rewards. Many experts believe that the SUI token has the potential to generate substantially high returns in the long term.
5. Arbitrum Announces their Plan to Launch a Layer-3 Solution, Orbit
Arbitrum is a layer two blockchain solution benefitting from the compatibility and security of the Ethereum network. The network addresses the concerns of speed, cost, and scalability
on the Ethereum network making use of the optimistic roll-up technique. This off-chain computation and storage allow the network to produce higher throughput at a comparably lower cost compared to the Ethereum network. The native cryptocurrency of the Arbitrum network is ARB which is a governance token allowing its holders the right to make decisions regarding Arbitrum’s protocol. This comes after the network announced its shift to a decentralized autonomous organization, Arbitrum DAO. The network has gained immense popularity owing to its unique features of compatibility, scalability, flexibility, and decentralization. With its large and active ecosystem of wallets, DApps, tools, and partners, ARB quickly secured the position of one of the best altcoins in the market.
Arbitrum Network’s contribution to the crypto community has been endless. The company has an ambitious plan of launching a layer three solution called Orbit, facilitating the development of programs written in popular programming languages. Keeping the community at its heart, the company also announced an airdrop in March 2023 rewarding the early users and DAOs building on Arbitrum. This new altcoin has won the hearts of many investors and developers in the cryptocurrency market.
Conclusion
Are you struggling to decide which crypto to buy today for long-term gains? Look no further than these top five affordable cryptocurrency projects each supported by amazing use cases and bearing the potential to turbocharge your crypto portfolio.
However, one cannot overlook the attention and appeal garnered by InQubeta’s fundraising platform. Being the pioneer cryptocurrency crowdfunding platform for AI startups, it has swiftly ascended to claim its position as the top crypto investment of the year.
With the unanimous support of crypto analysts and security firms globally, QUBE, the native token of InQubeta has become the top pick of many investors and traders. The QUBE token offers several lucrative rewards to its holders from trading, right to governance, and staking in the reward pool. Leveraging AI and blockchain technology, InQubeta’s fundraising platform has the potential to set new standards for the investment world.
Visit InQubeta Presale
Join InQubeta Communities
Crypto
Coinbase Investigates ‘Delayed Sends’ for XRP on Its Platform | PYMNTS.com
Cryptocurrency exchange Coinbase said Tuesday (Jan. 14) that it is investigating a problem with delayed sends of Ripple (XRP) on its platform.
“We are aware that some users may be experiencing delayed sends for Ripple (XRP),” Coinbase said in an incident report on its status page. “Buys, Sells and Fiat withdrawals/deposits are not affected. We are investigating this issue and will provide an update shortly.”
In an earlier, separate report on its status page, Coinbase said some users experienced delayed sends and receives for Stellar (XLM) on Friday (Jan. 10). That incident was resolved within 90 minutes.
On Thursday (Jan. 9), some users experienced latency or degraded performance with buys, sells, sends, Coinbase Onramp and Advanced Trade. That issue was resolved within two hours, according to the page.
In other, separate news about the company, it was reported Thursday (Jan. 9) that Coinbase told customers that it may have to share data demanded by the Commodity Futures Trading Commission (CFTC).
The regulator sent a subpoena to the firm that seeks information about Coinbase customers’ interactions with prediction market firm Polymarket, and Coinbase emailed some customers saying it may have to share that data with the CFTC.
“When we receive requests for information from a government, each request is carefully reviewed by a team of trained experts using established procedures to determine its legal sufficiency,” a Coinbase spokesperson told CoinDesk.
On Dec. 9, cryptocurrency payments solution firm Triple-A announced an integration with Coinbase that it said it designed to let Coinbase users make payments to select merchants in the Triple-A network.
“Triple-A’s integration with Coinbase Commerce will empower merchants to offer a Coinbase-specific payment option, enhancing the convenience for Coinbase users and allowing Coinbase to connect with a wider network of merchants, to drive the broader adoption of cryptocurrency payments,” the company said in a press release.
Coinbase upgraded its Coinbase One subscription program and launched a new tier called Coinbase One Premium on Dec. 4, saying that with these new offerings, “Coinbase One now truly benefits all types of traders.”
Coinbase One membership has reached 600,000 across 42 countries, the company added.
Crypto
Credissential Inc. Adopts Cryptocurrency Policy, Plans XRP and XLM Purchases – TipRanks.com
Stay Ahead of the Market:
An update from Axiom Capital Advisors, Inc. ( (TSE:WHIP) ) is now available.
Credissential Inc. announced a new Cryptocurrency Acquisition Policy aimed at enhancing shareholder value by purchasing digital assets like XRP and XLM. This move aligns with the company’s cryptocurrency initiatives and allows investors exposure to the growing digital asset market. The policy is also seen as a strategy to navigate inflationary pressures while diversifying the company’s treasury holdings, indicating a proactive approach to adapting to market trends and delivering long-term shareholder value.
More about Axiom Capital Advisors, Inc.
Credissential Inc. is a vertically integrated AI software development company focusing on advancing financial technology solutions. The company is committed to developing innovative products such as Antenna, a payment platform enhanced with AI and quantum encryption technologies, and DealerFlow, an AI-driven dealer management system designed to streamline operations and enhance efficiency.
YTD Price Performance: -6.45%
Average Trading Volume: 298,973
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$6.17M
Find detailed analytics on WHIP stock on TipRanks’ Stock Analysis page.
Crypto
Why Is Bitcoin Price Going Up? BTC Prediction After Bullish Buy Signal
Bitcoin’s
price (BTC) is making significant gains on Tuesday, January 14, 2025, adding
over $2,000 to its value. However, Monday saw the market shaken, with the price
briefly dropping to a two-month low below the critical $90,000 psychological
level.
In this
article, I review what triggered the sudden drop, why the Bitcoin price is
going up today, and how to interpret the bullish pin bar above the 50-day
exponential moving average—a potentially strong buy signal.
On Tuesday,
Bitcoin is trading above $97,000 on Binance, marking its highest value in a
week. The cryptocurrency is currently up 2.7%, with altcoins following suit.
Ethereum (ETH) has gained 4.9% over the past 24 hours, reaching
$3,200, while XRP, the third-largest cryptocurrency by market cap, has
risen 7% to $2.56.
As shown in
the chart below, Bitcoin’s price remains in a consolidation phase that has been
in place since November, with the lower boundary near $92,000 and the upper
limit at its previous high of $98,000.
However,
Monday painted a less optimistic picture as
Bitcoin briefly dipped to just $89,398, causing significant panic and
confusion among retail investors.
The
temporary panic was also evident in the derivatives market: within four days,
investors pulled $1.6 billion from cryptocurrency exchange-traded funds (ETFs),
marking one of the longest selling streaks in recent times.
Over the
past 24 hours, both bulls and bears have incurred losses. Approximately $500
million in leveraged positions were liquidated across the market, with nearly
equal distribution between long and short positions. Bitcoin accounted for over
20% of this activity, with $44 million liquidated from long positions and $72
million from shorts.
Analysts
attribute the recent decline in Bitcoin and the broader cryptocurrency market
to two primary factors: so-called “Trump Trade” and monetary policy.
Why Bitcoin Fell? Fed
Policy and Market Uncertainty Shake BTC Price
The
cryptocurrency market’s downturn is primarily driven by shifting expectations
about Federal Reserve (Fed) interest rate policies. Strong economic indicators
have led investors to anticipate a longer period of higher interest rates. The
robust U.S. job market, with 256,000 new nonfarm payrolls and a 4.1%
unemployment rate, has particularly influenced this outlook.
According
to the CME’s FedWatch tool, the probability of a rate cut at the next meeting,
scheduled for January 29, is just 2.7%. The market is currently pricing in a
stronger likelihood (around 40%) of a cut to the 4.00–4.25% range in the second
half of the year. Earlier expectations were for a more aggressive path of rate
cuts, which was expected to fuel risk assets such as cryptocurrencies and
stocks.
Moreover, the
initial euphoria surrounding Trump’s pro-crypto stance has given way to more
cautious market sentiment. While Trump’s upcoming presidency promised to make
the U.S. the “crypto capital of the world,” investors are now
focusing on immediate economic realities rather than future policy promises.
The
cryptocurrency decline isn’t occurring in isolation. The selloff in Treasury
markets has created a ripple effect across various asset classes, affecting
both crypto and traditional markets. This broader market reaction demonstrates
Bitcoin’s increasing correlation with conventional risk assets.
Will Bitcoin Keep Going
Up? BTC Price Prediction and Technical Analysis
The
candlestick I want to highlight in the technical analysis of Bitcoin ‘s price
chart may seem modest and even barely noticeable. However, in my view, it
carries significant strength and buying potential. This is a bullish pin bar
(or doji candle) with an almost invisible body and a very long lower wick,
indicating that bears were in control but had to concede to bulls by the
session’s close.
What
does the chart show?
- The bullish
pin bar tested the 50 EMA and two critical support levels: $92,000 and $90,000. - All three
levels held, and the price responded with an immediate increase the following
day. - This strong
bullish signal confirmed the lower boundary of the consolidation range,
signaling that buyers are likely to actively defend the green-marked support
zone.
While
Bitcoin remains in consolidation, this reaction suggests, from a purely
technical standpoint, the potential for a move towards $103,000 (the 2025
highs) and ultimately $108,000, the all-time high (ATH) to date.
Bitcoin Price Key Support
and Resistance Levels
Support |
Resistance |
$90,000 – psychological round |
$100,000 – psychological round |
$92,000 – local lows tested in |
$103,000 – highs from 2025 |
50 EMA – currently at $94,482 |
$108,000 – current ATH |
Breaking
above the current all-time high is a necessary condition for considering
ambitious forecasts for 2025 and beyond. Some of these projections are
truly bold.
Bitcoin Price Prediction:
Will BTC Reach $1 Million?
Late last
year, I explored the question, “Will
Bitcoin hit $1 million?” According to Jeff Park, Head of Alpha
Strategies at Bitwise Asset Management, this could be possible if the U.S.
government were to adopt a Bitcoin reserve strategy. However, he currently
assigns only a 10% probability to this scenario.
Arthur
Hayes, the Founder of the cryptocurrency exchange BitMEX, has frequently
mentioned such ambitious levels as $1 million. Last week, he appeared as a guest on
Tom Bilyeu’s show, where he discussed the current state of the
cryptocurrency market during a nearly two-hour interview. Hayes suggested that
Bitcoin is gradually heading toward seven-figure valuations and could
potentially reach them within the next five years.
“It’s the bull market. When the music is playing you gotta $DANCE.” ~ Arthur Hayes x Tom Bilyeu#crypto #dance #memecoin #solana #bullrun pic.twitter.com/g9MdkEtIZe
— DANCE MEMECOIN 🤩 (@dancememecoin) January 7, 2025
“Bitcoin
has already survived for 15 years. This makes investors start to believe that
it can last for decades to come.” – Hayes commented. “BTC will be here for
the next 15, 20, 100 years. I think it will be a store of value. I can use it
to pay for things I need, so I’m going to take 2%, 3%, 4%, 5%, 10% of my
retirement income or savings and start buying that asset now.”
Other
experts, including VanEck analysts, predict more down to earth numbers. Month
ago, they
forecasted that Bitcoin price could reach $180,000 in 2025.
JUST IN: $118 billion VanEck predicts $180,000 #Bitcoin and the U.S. will embrace a Strategic BTC Reserve in 2025 🇺🇸 pic.twitter.com/s7lnNgkyhn
— Bitcoin Magazine (@BitcoinMagazine) December 13, 2024
Bitcoin Price, FAQ
Why Is the Price of
Bitcoin Going Up?
Bitcoin’s
price is rising due to a strong bullish pin bar forming above critical support
levels, signaling strong buying activity. Market sentiment improved as Bitcoin
rebounded from a two-month low of $89,398 to trade above $97,000. This movement
reflects consolidation within the $92,000–$98,000 range, supported by technical
indicators and broader market optimism.
Will Bitcoin Rise Again?
Bitcoin’s
price is expected to rise further based on technical analysis. If it breaks
through key resistance at $103,000, it could test the all-time high of
$108,000. Long-term projections remain optimistic, with some experts predicting
significant gains by 2025, assuming market conditions remain favorable.
Why Is Bitcoin So Valuable
Today?
Bitcoin’s
value stems from its status as a decentralized digital asset with limited
supply, serving as a hedge against inflation and a potential store of value.
Its increasing adoption, network security, and potential as a global reserve
asset contribute to its high valuation.
Why Did Bitcoin Fall
Recently?
Bitcoin’s
recent decline was driven by market reactions to expectations of prolonged
higher interest rates from the Federal Reserve. Strong U.S. economic data
reduced the likelihood of rate cuts, pressuring risk assets like
cryptocurrencies. Additionally, shifting sentiment around pro-crypto policies
under the upcoming U.S. administration added to market uncertainty.
How Much Will Bitcoin Cost
in 2025?
Bitcoin’s
2025 price predictions vary widely. Analysts forecast potential highs ranging
from $180,000 (VanEck) to over $1 million (Arthur Hayes), depending on adoption
trends, macroeconomic conditions, and regulatory developments. A more
conservative estimate places Bitcoin at $180,000, reflecting steady growth
without speculative excess.
Bitcoin’s
price (BTC) is making significant gains on Tuesday, January 14, 2025, adding
over $2,000 to its value. However, Monday saw the market shaken, with the price
briefly dropping to a two-month low below the critical $90,000 psychological
level.
In this
article, I review what triggered the sudden drop, why the Bitcoin price is
going up today, and how to interpret the bullish pin bar above the 50-day
exponential moving average—a potentially strong buy signal.
On Tuesday,
Bitcoin is trading above $97,000 on Binance, marking its highest value in a
week. The cryptocurrency is currently up 2.7%, with altcoins following suit.
Ethereum (ETH) has gained 4.9% over the past 24 hours, reaching
$3,200, while XRP, the third-largest cryptocurrency by market cap, has
risen 7% to $2.56.
As shown in
the chart below, Bitcoin’s price remains in a consolidation phase that has been
in place since November, with the lower boundary near $92,000 and the upper
limit at its previous high of $98,000.
However,
Monday painted a less optimistic picture as
Bitcoin briefly dipped to just $89,398, causing significant panic and
confusion among retail investors.
The
temporary panic was also evident in the derivatives market: within four days,
investors pulled $1.6 billion from cryptocurrency exchange-traded funds (ETFs),
marking one of the longest selling streaks in recent times.
Over the
past 24 hours, both bulls and bears have incurred losses. Approximately $500
million in leveraged positions were liquidated across the market, with nearly
equal distribution between long and short positions. Bitcoin accounted for over
20% of this activity, with $44 million liquidated from long positions and $72
million from shorts.
Analysts
attribute the recent decline in Bitcoin and the broader cryptocurrency market
to two primary factors: so-called “Trump Trade” and monetary policy.
Why Bitcoin Fell? Fed
Policy and Market Uncertainty Shake BTC Price
The
cryptocurrency market’s downturn is primarily driven by shifting expectations
about Federal Reserve (Fed) interest rate policies. Strong economic indicators
have led investors to anticipate a longer period of higher interest rates. The
robust U.S. job market, with 256,000 new nonfarm payrolls and a 4.1%
unemployment rate, has particularly influenced this outlook.
According
to the CME’s FedWatch tool, the probability of a rate cut at the next meeting,
scheduled for January 29, is just 2.7%. The market is currently pricing in a
stronger likelihood (around 40%) of a cut to the 4.00–4.25% range in the second
half of the year. Earlier expectations were for a more aggressive path of rate
cuts, which was expected to fuel risk assets such as cryptocurrencies and
stocks.
Moreover, the
initial euphoria surrounding Trump’s pro-crypto stance has given way to more
cautious market sentiment. While Trump’s upcoming presidency promised to make
the U.S. the “crypto capital of the world,” investors are now
focusing on immediate economic realities rather than future policy promises.
The
cryptocurrency decline isn’t occurring in isolation. The selloff in Treasury
markets has created a ripple effect across various asset classes, affecting
both crypto and traditional markets. This broader market reaction demonstrates
Bitcoin’s increasing correlation with conventional risk assets.
Will Bitcoin Keep Going
Up? BTC Price Prediction and Technical Analysis
The
candlestick I want to highlight in the technical analysis of Bitcoin ‘s price
chart may seem modest and even barely noticeable. However, in my view, it
carries significant strength and buying potential. This is a bullish pin bar
(or doji candle) with an almost invisible body and a very long lower wick,
indicating that bears were in control but had to concede to bulls by the
session’s close.
What
does the chart show?
- The bullish
pin bar tested the 50 EMA and two critical support levels: $92,000 and $90,000. - All three
levels held, and the price responded with an immediate increase the following
day. - This strong
bullish signal confirmed the lower boundary of the consolidation range,
signaling that buyers are likely to actively defend the green-marked support
zone.
While
Bitcoin remains in consolidation, this reaction suggests, from a purely
technical standpoint, the potential for a move towards $103,000 (the 2025
highs) and ultimately $108,000, the all-time high (ATH) to date.
Bitcoin Price Key Support
and Resistance Levels
Support |
Resistance |
$90,000 – psychological round |
$100,000 – psychological round |
$92,000 – local lows tested in |
$103,000 – highs from 2025 |
50 EMA – currently at $94,482 |
$108,000 – current ATH |
Breaking
above the current all-time high is a necessary condition for considering
ambitious forecasts for 2025 and beyond. Some of these projections are
truly bold.
Bitcoin Price Prediction:
Will BTC Reach $1 Million?
Late last
year, I explored the question, “Will
Bitcoin hit $1 million?” According to Jeff Park, Head of Alpha
Strategies at Bitwise Asset Management, this could be possible if the U.S.
government were to adopt a Bitcoin reserve strategy. However, he currently
assigns only a 10% probability to this scenario.
Arthur
Hayes, the Founder of the cryptocurrency exchange BitMEX, has frequently
mentioned such ambitious levels as $1 million. Last week, he appeared as a guest on
Tom Bilyeu’s show, where he discussed the current state of the
cryptocurrency market during a nearly two-hour interview. Hayes suggested that
Bitcoin is gradually heading toward seven-figure valuations and could
potentially reach them within the next five years.
“It’s the bull market. When the music is playing you gotta $DANCE.” ~ Arthur Hayes x Tom Bilyeu#crypto #dance #memecoin #solana #bullrun pic.twitter.com/g9MdkEtIZe
— DANCE MEMECOIN 🤩 (@dancememecoin) January 7, 2025
“Bitcoin
has already survived for 15 years. This makes investors start to believe that
it can last for decades to come.” – Hayes commented. “BTC will be here for
the next 15, 20, 100 years. I think it will be a store of value. I can use it
to pay for things I need, so I’m going to take 2%, 3%, 4%, 5%, 10% of my
retirement income or savings and start buying that asset now.”
Other
experts, including VanEck analysts, predict more down to earth numbers. Month
ago, they
forecasted that Bitcoin price could reach $180,000 in 2025.
JUST IN: $118 billion VanEck predicts $180,000 #Bitcoin and the U.S. will embrace a Strategic BTC Reserve in 2025 🇺🇸 pic.twitter.com/s7lnNgkyhn
— Bitcoin Magazine (@BitcoinMagazine) December 13, 2024
Bitcoin Price, FAQ
Why Is the Price of
Bitcoin Going Up?
Bitcoin’s
price is rising due to a strong bullish pin bar forming above critical support
levels, signaling strong buying activity. Market sentiment improved as Bitcoin
rebounded from a two-month low of $89,398 to trade above $97,000. This movement
reflects consolidation within the $92,000–$98,000 range, supported by technical
indicators and broader market optimism.
Will Bitcoin Rise Again?
Bitcoin’s
price is expected to rise further based on technical analysis. If it breaks
through key resistance at $103,000, it could test the all-time high of
$108,000. Long-term projections remain optimistic, with some experts predicting
significant gains by 2025, assuming market conditions remain favorable.
Why Is Bitcoin So Valuable
Today?
Bitcoin’s
value stems from its status as a decentralized digital asset with limited
supply, serving as a hedge against inflation and a potential store of value.
Its increasing adoption, network security, and potential as a global reserve
asset contribute to its high valuation.
Why Did Bitcoin Fall
Recently?
Bitcoin’s
recent decline was driven by market reactions to expectations of prolonged
higher interest rates from the Federal Reserve. Strong U.S. economic data
reduced the likelihood of rate cuts, pressuring risk assets like
cryptocurrencies. Additionally, shifting sentiment around pro-crypto policies
under the upcoming U.S. administration added to market uncertainty.
How Much Will Bitcoin Cost
in 2025?
Bitcoin’s
2025 price predictions vary widely. Analysts forecast potential highs ranging
from $180,000 (VanEck) to over $1 million (Arthur Hayes), depending on adoption
trends, macroeconomic conditions, and regulatory developments. A more
conservative estimate places Bitcoin at $180,000, reflecting steady growth
without speculative excess.
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