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Tom Lee of Fundstrat predicts Bitcoin will reach $250,000 in a year.
Tom Lee is positive about Bitcoin, predicting it could hit $100,000 soon and $250,000 within a year. He believes factors like the halving cycle, more support from institutions, and the U.S. government’s positive attitude will push its price up. Lee also sees Bitcoin as a way to protect against inflation, like gold, and advises investors […]Cryptopolitan
Dec 1, 2024
Americans are more bullish than they’ve ever been on the stock market
A record-breaking 56.4% of Americans think the stock market will rise over the next 12 months, according to the latest Conference Board Consumer Survey. This figure has doubled in just two years, signaling the highest level of optimism ever recorded. In November, the gap between those expecting stock prices to climb and those predicting declines […]Cryptopolitan
Dec 1, 2024
Analysts say Bitcoin is poised for $100k now that long-term holders have stopped selling
Crypto analyst James Van Straten believes that Bitcoin will cross $100,000 as long the demand for the flagship continues to outstrip supply. Van Straten shared this view in a post on X (formerly Twitter), noting a net accumulation of 87,000 BTC over the last 30 days. According to the analyst, the return to accumulation is […]Cryptopolitan
Dec 1, 2024
US Bitcoin ETFs now hold 5% of total supply: How far are we from the Wall Street takeover?
Bitcoin, the once-rebellious digital asset born to disrupt traditional finance, is slowly becoming a trophy in the hands of institutions. US Bitcoin exchange-traded funds (ETFs) now hold more than 1 million Bitcoin, which equals 5% of the total supply. That’s nearly the same amount reportedly sitting in the untouched wallet of Satoshi Nakamoto, the crypto’s […]Cryptopolitan
Dec 1, 2024
Coinbase’s Brian Armstrong calls AML regulations a U.S. policy failure, believes Elon Musk can fix it
Brian Armstrong, CEO of Coinbase, has branded America’s current Anti-Money Laundering (AML) regulations an economic disaster. He said these rules bleed $213 billion from the global economy every year while failing miserably to curb criminal activity. Brian cited a report from the United Nations, revealing that just 0.2% of illicit transactions are intercepted. “Sounds like […]Cryptopolitan
Dec 1, 2024
America has a debt disaster. Just how far has it spiraled?
America’s national debt is a monster that keeps growing. At $36 trillion, it’s the highest in history, with no signs of slowing down. In 16 years, the debt-to-GDP ratio has doubled, now sitting at 121%. Compare that to World War II, when it maxed out at 119%. Back then, the country was fighting global tyranny. […]Cryptopolitan
Dec 1, 2024
Pump.fun loses 66% of its revenue following livestream controversy
Solana meme coin launchpad pump.fun has lost some of its weekly revenue. According to data from DefiLlama, the platform has seen its weekly revenue drop by 66% following the decision to disable its livestream features. The platform decided to disable the feature following reports of illegal and harmful content being broadcasted to users by some […]Cryptopolitan
Dec 1, 2024
Cardano’s Charles Hoskinson apologizes to rival ecosystems, calls for unity in 2025
Charles Hoskinson, the outspoken founder of Cardano and one of Ethereum’s co-creators, is urging an end to what he calls “petty tribalism” within the crypto industry. In a rare admission of fault, Charles acknowledged his contentious history with rival blockchain communities like Bitcoin, Solana, and XRP. Posting on X, he apologized for past remarks and […]Cryptopolitan
Dec 1, 2024
Robert Kiyosaki predicts Bitcoin crash days after $500k AI prediction
Famous author of the best-selling finance book Rich Dad Poor Dad, Robert Kiyosaki has made a new Bitcoin prediction. According to Kiyosaki, Bitcoin is primed for a crash. He made the prediction days after his initial AI-fuelled prediction of Bitcoin hitting $500,000 by 2025. He took to his handle on microblogging platform X to reveal […]Cryptopolitan
Dec 1, 2024
Balaji Srinivasan proposes Zethereum to boost Ethereum privacy using ZK tech
Crypto entrepreneur Balaji Srinivasan has proposed a concept to improve Ethereum privacy. In a post on X, Srinivasan termed the concept Zethereum, saying it would involve adding zero-knowledge (zk) technology to Ethereum smart contracts. According to Srinivasan, all it takes is for a pseudonymous engineer, whom he chose to call Zatoshi, to add private transactions […]Cryptopolitan
Dec 1, 2024
Calgary police issue warrant for suspect linked to house fire and crypto threats
Calgary police have issued an arrest warrant for a man suspected to have attacked a home in Hillhurst last month. According to the authorities, the suspect, Finbar Hughes, is wanted on several charges, including possession of materials to commit arson and setting fire to a dwelling. The police noted that Hughes may have decided to […]Cryptopolitan
Dec 1, 2024
South Korean opposition agrees to crypto tax postponement
South Korea’s major opposition party, the Democratic Party of Korea (KDP), has agreed to the government’s proposal to delay implementing taxes on crypto assets for two years. Floor leader, Rep. Park Chan-dae, disclosed the postponement agreement in a press conference. The decision marks a turnaround, given that the party had earlier kicked against the moratorium, […]Cryptopolitan
Dec 1, 2024
