In 2024, the U.S. Market faces turmoil due to unpredictable tariff policies, leading investors to seek alternatives like Bitcoin. Billionaire Michael Saylor predicts that Bitcoin could soar by an astonishing 15,000%, reaching $13 million per coin by 2045, as it captures a portion of global wealth. Saylor’s optimism is rooted in concerns over rising government ...
Crypto entrepreneur Anthony Pompliano highlights that Bitcoin holders were early to identify flaws in U.S. economic data and positioned themselves for potential gains. He claims that many finance professionals misinterpret tariff impacts because they trust government statistics, which he believes are unreliable. This skepticism about U.S. inflation, employment, and GDP figures is supported by Treasury ...
Bitcoin (BTC) hit new highs for April as markets prepared for significant U.S. trade tariffs. On Bitstamp, it reached a local peak of $86,444, the strongest performance since late March. Despite a minor decline in U.S. stocks, Bitcoin managed to recover, with indicators suggesting potential bullish momentum. Analysts noted that Bitcoin has broken a downtrend ...
Despite a recent downturn in the cryptocurrency Market, prominent investors like billionaire Tim Draper remain optimistic about Bitcoin’s future, predicting it could reach $250,000 by 2025. While Bitcoin has dropped significantly since its all-time high of around $109,000, Draper has a history of making bold predictions about the cryptocurrency and believes its appeal as both ...
Bitcoin, created in 2009, is the first digital currency aimed at removing reliance on banks and governments. Despite facing skepticism and significant price fluctuations, it has remained resilient over the years. For Bitcoin to lose all its value, major issues like regulatory bans or loss of investor confidence would have to occur. Factors that support ...
Bitcoin is currently experiencing downward pressure, with traders shifting towards safer investments like gold due to rising global economic uncertainties. Recent analysis from The Kobeissi Letter indicates that Bitcoin is no longer considered a safe haven asset. In the wake of new trade tariffs affecting Canada and Mexico, Bitcoin’s price dropped by $10,000 in just ...
James Foord is an experienced economist with over ten years of expertise in analyzing global markets. He leads The Pragmatic Investor, an investing group aimed at helping individuals build well-diversified portfolios to protect and grow their wealth. The group’s focus spans various areas including global macro trends, international equities, commodities, technology, and cryptocurrencies. Members receive ...
In December, the total cryptocurrency Market cap reached a record high of $3.9 trillion, driven by gains in major coins like XRP, Dogecoin, and Bitcoin. Following Trump’s election win, which promised support for the crypto industry, these coins benefitted from increased speculation. XRP stands out for its use in banking transactions, but faces regulatory challenges ...
A recent Fidelity research report suggests that 2025 might see central banks and governments worldwide beginning to purchase Bitcoin. This shift could result in massive investments in the cryptocurrency, possibly even surpassing those from spot Bitcoin ETFs. The U.S. government is considering a strategic Bitcoin reserve, potentially acquiring up to one million Bitcoins, significantly impacting ...
For over a century, stocks have been the top asset class for returns, but Bitcoin has outperformed them since its launch in the early 2010s. In May 2010, Bitcoin’s price was less than $0.01; now, it’s over $97,500. Factors driving interest in Bitcoin include its limited supply, halving events, and rising corporate adoption. Public companies ...
