Private Equity Ghouls Have A New Way To Steal From Their Investors

Crypto Executives Bullish on Bitcoin: Targeting $100,000 in 2024

Bitcoin’s price is currently near its 18-month high at $44,000, and analysts and investors are rushing to put out higher price targets for the cryptocurrency. Many believe that Bitcoin could reach $100,000 by next year. Executives from the crypto industry, such as Michael Saylor from MicroStrategy, one of the largest Bitcoin holders, are confident that Bitcoin could double in value within 12 months. Saylor has not officially announced a price target for 2024, but he has mentioned that Bitcoin could increase by tenfold and has suggested that one day people will brag about buying five-figure Bitcoin. Other crypto executives and mainstream financial players, including Matrixport and Standard Chartered Bank, have also expressed bullish sentiment towards Bitcoin, with price targets of $125,000 and $100,000 respectively.

There are two major catalysts driving the optimistic outlook for Bitcoin. Firstly, the US market is expecting the approval of the first-ever spot Bitcoin ETF, which could attract a significant influx of institutional investor money into Bitcoin when it happens, potentially in early 2024. Secondly, the Bitcoin halving, scheduled for April 2024, is anticipated to further boost the price. In the past, the halving has led to substantial price increases, and the next halving is generating excitement among investors. However, it’s worth noting that there are risks involved, such as the SEC’s decision on the ETF and the possibility that the halving may not have the desired impact on price. Despite these uncertainties, the overall sentiment remains positive, with Bitcoin having the potential to double in value in 2024 and reach the $100,000 mark.

While the path to $100,000 seems promising, there are still potential obstacles that could impede Bitcoin’s growth. The SEC’s potential rejection of a spot Bitcoin ETF could have a negative effect, considering the significance of this development. Additionally, the Bitcoin halving may not generate the expected results, which could dampen bullish forecasts. However, considering the significant growth Bitcoin has already experienced this year, with its value more than doubling, a target of $100,000 for 2024 seems reasonable. Overall, the long-term outlook remains positive for Bitcoin.

Read the original article

Crypto Wallet Market Segmented On The Basis Of Type, Operating System, Application, End-User, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 17 Oct 2023: The Report Crypto Wallet Market Size, Share & Trends Analysis Report By Wallet Type (Hot Wallets, Cold Wallets), By Operating System (Android, iOS), By Application, By End-user, By Region, And Segment Forecasts, 2023 – 2030 The global crypto wallet market size is expected to reach USD 48.27 billion by 2030, growing at a CAGR of 24.8% from 2023 to 2030, according to a…

View On WordPress

https://coinmystique.com/cathie-wooden-bullish-on-bitcoin-and-ai-convergence/?feed_id=9235&_unique_id=652764908a5c1

In a current Twitter put up, Cathie Wooden, CEO of Ark Make investments, expressed her optimistic view on the intersection of Bitcoin (BTC) and synthetic intelligence (AI)In her tweet, Cathie Wooden subtly hinted on the immense transformative potential inherent within the dynamic synergy between synthetic intelligence and Bitcoin, emphasizing the probabilities and optimistic implications these applied sciences maintain for numerous industries and the general financial panorama. Her enthusiasm serves as a testomony to the fast and ever-evolving nature of each the cryptocurrency and synthetic intelligence sectors.The convergence between Bitcoin – and AI might rework the way in which firms manage, inflicting a collapse in prices and an explosion in productiveness. I used to be blown away by the probabilities these sensible entrepreneurs are creating. Search for this podcast on Thursday! https://t.co/kPW92CuhFQ— Cathie Wooden (@CathieDWood) September 2, 2023Backing Wooden’s optimistic outlook is a analysis doc revealed by ARK Make investments titled “Investing In Artificial Intelligence.” This analysis serves as a sturdy indicator that each Cathie Wooden and Ark Make investments are actively assessing the importance of AI inside their funding methods.All through the years, Cathie Wooden has allotted investments to numerous AI-related shares, demonstrating her sturdy perception within the rising know-how. Past her eager curiosity in AI, Cathie Wooden’s enthusiasm for Bitcoin is obvious by ARK Make investments’s endeavors regarding the Bitcoin ETF. Moreover, in addition to Bitcoin, ARK Make investments has substantial holdings in Coinbase and Robinhood, solidifying its presence within the cryptocurrency business.Associated: Bitwise withdraws Bitcoin and Ether Market Cap ETF utilityThe doc additionally highlights Ark Make investments’s methods which have reaped rewards from investments in synthetic intelligence tech shares. The ARK Disruptive Innovation ETF (ARKK), devoted to AI and different pioneering applied sciences, outperformed the NASDAQ 100 Index (QQQ), attaining a major mid-year revenue of 41.2%.Wooden’s tweet, together with Ark Make investments’s analysis, illustrates the rising affect of AI within the realm of investments. The fusion of Bitcoin and AI has the potential to set off a profound transformation in company operations, doubtlessly reshaping productiveness and price dynamics. As traders discover contemporary avenues for progress, Wooden’s optimism serves as a persuasive sign of the huge potentialities rising on the intersection of cryptocurrency and synthetic intelligence.Journal: SEC calls ETF filings insufficient, Binance loses euro accomplice and different information: Hodler’s Digest, June 25 – July 1Supply: https://cointelegraph.com/information/cathie-wood-bullish-on-bitcoin-and-ai-convergence

Earn crypto and get a free NFT when you install and play state of survival on your desktop PC.

Install womplay app and earn money playing games, compete in tournaments and win cash prizes.

Join - https://moneylinks.me/womplay

Earn $2 installing and playing Dungeon & Dragons Neverwinter PC game, withdraw your money instantly as cryptocurrencies like bitcoin, litecoin and dogecoin.

Free Cash has over 800 games and apps that pay you to play and test them out, they can pay more than $100 per game sometimes.

Join - https://moneylinks.me/freecash

L E T S  A L L  L O V E  L A I N

Bitcoin Surges 150% This Year, Hits $42,000 As Spot ETF Excitement Builds

Bitcoin has experienced a 150% surge in value throughout the year, reaching over $42,000 early Monday morning. This explosive growth comes amidst mounting anticipation surrounding the potential launch of a Bitcoin spot exchange-traded fund (ETF) in the United States. The main contributing factor to Bitcoin’s recent surge, in addition to the halving event approaching amongst other bullish…

View On WordPress

Atari84

The cryptocurrency market is under serious pressure due to geopolitical events

Last week was not the most favorable for financial markets. Due to the situation in the Middle East, almost all asset classes have suffered. Cryptocurrencies are no exception. As of the morning of October 16, 2023, the market capitalization of the industry was $1.06 trillion. Almost all leading digital coins and tokens have lost value over the last 7 days. It should be noted that the flagship cryptocurrency Bitcoin (BTC) showed relatively good results. Its value decreased by only 0.2% during the reporting period. However, this happened due to the fact that over the past 24 hours the rate of the virtual coin jumped by 3.65%. The world’s main cryptocurrency was trading at $27,850, and its total supply was $543.61 billion. Over the past 7 days, market participants executed transactions with BTC in the amount of $40.19 billion. The market dominance was 49.9%. The greed and fear index was 47, which meant traders’ sentiments were absolutely neutral. At the same time, leading altcoins disappointed their holders. Ethereum (ETH) fell 3% over the week, Ripple (XRP) lost 4.5% of its value, Solana (SOL) fell 2.75%, and Cardano (ADA) dropped 2.15%. The worst performing cryptocurrency of the past week among the top 100 was Mantle (MNT), whose quotes fell by 14% to $0.238. The total supply of tokens amounted to $1.02 billion. Over the past 7 days, transactions amounted to $206.38 million However, there were also those cryptocurrencies on the market that brought significant profits to their investors. The best result was demonstrated solely by Loom Network (LOOM). Its rate soared by 121.6% in a week. At a distance of 30 days, the increase was already 722.6%. The digital asset could be purchased for $0.38. Capitalization -466.24 million. Trading volumes at the indicated distance - $7.53 billion. Read the full article