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Demand from financial institutions could push the price of Bitcoin (BTC) as high as $200,000 per coin in 2025, according to two research reports reviewed by Cointelegraph. Analysts from Standard Chartered and Intellectia AI said institutional Bitcoin demand from exchange-traded funds (ETFs) and traders seeking to hedge against macroeconomic risk could cause Bitcoin’s price to more than double this year.“While the forecast is optimistic, it’s also conditional. Any black swan — from a major regulatory clampdown to a geopolitical event — can disrupt trajectories,” Fei Chen, Intellectia AI’s chief investment strategist, told Cointelegraph. Bitcoin ETF inflows since January 2024. Source: CoinGlassRelated: US Bitcoin…

In This Post: Cardano’s price could drop by 10% if the upcoming Chang hard fork doesn’t go well. Traders have placed strong sell positions between $0.372 and $0.4. The Network Value to Transactions (NVT) ratio has hit a 7-month high, which could mean Cardano is overvalued. Cardano’s price is in a tough spot. The upcoming Chang hard fork is creating uncertainty. Some on-chain data suggests that investors are hopeful, but trader behavior seems more cautious and bearish. On-Chain Metrics: Data from Santiment shows the NVT ratio has reached a 7-month high. Typically, when this ratio rises and the price drops,…

The NFT landscape is undergoing a notable shift, with sales on Polygon outpacing Ethereum for the first time. According to data from CryptoSlam, NFT sales on Polygon (POL) reached $22.1 million in the seven days leading up to Aprill 22, surpassing Ethereum (ETH), which came in second with $21.8 million in weekly sales. NFT sales by top projects in the last 7 days | Source: Crypto Slam In addition to total sales, Polygon also outpaced Ethereum in the number of individual buyers. Over the past week, 39,027 buyers purchased NFTs on Polygon—a jump of 81.61%. In comparison, Ethereum recorded 36,544…

Brian Njuguna Nov 10, 2022 08:09 Lionel Messi, a football star who has bagged seven Ballon d’Or Awards, has joined hands with Sorare to be its brand ambassador and investor. Lionel Messi, a football star who has bagged seven Ballon d’Or Awards, has joined hands with Sorare to be its brand ambassador and investor. Sorare is an Ethereum-based fantasy soccer game platform that leverages non-fungible tokens (NFTs). Therefore, Messi will be instrumental in how fans connect with players and clubs. Nicolas Julia, the co-founder and CEO of Sorare, pointed out: “We believe…

Alex Thorn, head of research at the crypto investment giant Galaxy Digital, believes the US government will add Bitcoin (BTC) to the Strategic Bitcoin Reserve (SBR). In an appearance on Bloomberg Crypto, Thorn predicts that in addition to the Bitcoin the US government holds from confiscations, the world’s largest economy will also purchase BTC to add to the SBR in 2025. “In March, they had the establishment of the Strategic Bitcoin Reserve and the United States Digital Asset Stockpile Executive Order… …which specifically prohibited the government from selling Bitcoin and ordered the [Departments of] Commerce and Treasury to find out…

According to a recent market study by Grand View Research, the global digital currency market is expected to reach nearly 75 billion USD by 2030, propelled largely by growing adoption of decentralized finance and user-friendly crypto wallet apps. That figure alone signals the accelerating pace of crypto innovation, and it underscores why so many businesses are now seeking to build custom crypto wallet solutions. Yet before jumping on board, many ask the same question: “What is the crypto wallet app development cost, and how can I ensure it stays within budget?” Let’s delve into that. Crypto Wallet App Development Cost:…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum (ETH) is down nearly 50% over the past year, eroding investor confidence in the second-largest cryptocurrency by market cap. However, crypto analysts suggest that ETH’s fortunes might be about to turn. Ethereum Set For A Bullish Breakout? Unlike Bitcoin (BTC), ETH has not significantly benefited from the bullish developments of 2024. While the approval of spot BTC exchange-traded funds (ETFs) opened the floodgates for institutional capital to flow into the top digital asset, ETH ETFs have failed to generate the same level of interest. Moreover, ETH’s…

Polygon-based non-fungible tokens (NFTs) took the top spot in digital collectible sales after surging 20% in the last seven days. On April 22, NFT data tracker CryptoSlam showed that Polygon NFTs overtook Ethereum, reaching a $22.3 million volume in the past week. This represented 24% of last week’s overall NFT sales volume, which reached $92.9 million. The network also had over 39,000 NFT buyers for the week, an 81% increase over the previous week. Ethereum remained second in sales, with a $19.2 million NFT sales volume for the week. Mythos Chain followed with $14.3 million, while Bitcoin-based collections ranked fourth with $14.1 million…

scotcoin In a bold move that’s raising eyebrows across the cryptocurrency landscape, Scotland’s indigenous digital currency Scotcoin is targeting a $250 million valuation ahead of its February 2025 exchange listing. But unlike typical crypto launches focused on speculation and profit, this unique digital token has a surprising mission: using blockchain technology to combat poverty and social inequality. The Scotcoin Project, operating as a Community Interest Company (CIC), represents a dramatic departure from traditional cryptocurrency models. While Bitcoin and other major cryptocurrencies have become synonymous with volatile trading and wealth accumulation, Scotcoin has positioned itself as an “ethical cryptocurrency” with a…

Katie “The Russian” Ananina’s Citizenship by Investment company, Plan B Passport, announces a merger with CitizenX, unlocking a new suite of passport diversification options for Bitcoiners. Digital-first and ‘crypto’—as in cryptography—native, the merger combines Plan B Passport’s deep connections in the Bitcoin industry with the Swiss CitizenX platform’s privacy technology and expertise. “The whole Plan B Passport team is joining CitizenX to work together now,” Katie told Bitcoin Magazine, “and I’m joining the company as Chief Marketing Officer.” CitizenX, the Swiss Citizenship by Investment company and high-tech platform, boasts end-to-end encryption and modern tooling to handle the highly sensitive information…