Bitcoin has reached its peak, and further growth is unlikely, according to former hedge fund manager of Cramer & Co and host of Mad Money, Jim Cramer.
He emphasizes that thanks to blockchain, we can reconsider the concept of democracy and freedom, especially in the context of the relationship between private and state property. The co-founder of Ethereum notes that the emergence of Bitcoin as a decentralized payment system was a starting point for...
Currently, analysts are trying to determine the future direction of the main cryptocurrency, whose price this week is experiencing increased volatility. For example, on February 20, BTC set a 24-hour high at $52,900 and a daily low at $50,950. The day ended with fluctuations in the $52,000 range.
IntoTheBlock's Chief Research Officer, Lucas Outumuro, highlighted five key factors that, in his opinion, will contribute to Bitcoin's growth beyond the $70,000 mark.
Billionaire Peter Thiel has once again invested his funds in Bitcoin. Throughout 2022, he earned $1.8 billion in cryptocurrency. His Founders Fund invested $200 million in Bitcoin and Ethereum in 2023, according to Reuters, citing sources close to the businessman. Thiel's investment instincts played...