Fundstrat’s Tom Lee believes Bitcoin will surge 200% to $150k this year and $500k in 5 years
Fundstrat Global Advisors co-founder Tom Lee believes Bitcoin is poised for a 200% growth over the coming months, taking its value to $150,000 per coin. Lee made the statement during an appearance on CNBC’s Squawk Box on Feb. 21, where he discussed the various factors influencing Bitcoin’s value, including the role of ETFs, the upcoming […]
How do US exchanges contribute to Bitcoin’s market liquidity?
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Bitcoin steadies above $50,000 for over a week as new accumulation patterns emerge
Quick Take With Bitcoin price holding steady over the $50,000 mark for more than a week, intriguing patterns are emerging regarding Bitcoin accumulation. CryptoSlate’s recent data analysis highlights that approximately 111k BTC have been amassed by various cohorts over the past 30-day period. Some cohorts have been in a distribution phase over the last month, […]
Nvidia posts record $60 billion in revenue amid increased demand for AI, accelerated computing
Nvidia reported increased demand for generative artificial intelligence (AI) and accelerated computing in its latest earnings report on Feb. 21. Jensen Huang, founder and CEO of Nvidia, said: “Accelerated computing and generative AI have hit the tipping point. Demand is surging worldwide across companies, industries and nations.” Huang added that Nvidia RTX has become a […]
Sam Bankman-Fried dismisses conflict-of-interest concerns after changing lawyers
Sam Bankman-Fried, the embattled founder of the now-defunct crypto exchange FTX, has replaced his legal team as he approaches the critical sentencing phase of his trial. The change in legal representation was formalized in a court appearance on Feb. 21, the first since Bankman-Fried’s conviction. The move comes as the former billionaire prepares for his sentencing […]
Binance’s FDUSD market cap hits record high, dethrones USDC in Bitcoin trading volume
The First Digital USD (FDUSD) stablecoin has overtaken Circle-issued USD Coin (USDC) as the second-most popular pair for Bitcoin during the last five months, thanks to the zero-trading fee program on Binance. CCData’s latest stablecoin report revealed a significant uptick in FDUSD’s trading volume on centralized exchanges — primarily Binance — which has taken its […]
Bemarg.com Review: 2.10% to 3.50% daily for 20 to 55 business days | 650% after 35 business days | (100% RCB)
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