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Bernstein Analysts Revise Bitcoin Target, $200,000 And $1 Million Become Main Focus

NewsBTC 16 Jun 2024
Bitcoin To Hit $200,000 And Then $1 Million ... The research firm noted that MicroStrategy has committed itself to “building the world’s largest Bitcoin company.” This has already paid off so far, with Chhugani and Sapra stating that the software company has transformed from a “small software company to the largest BTC holding company” since August 2020 (when it started accumulating BTC).

Will Bitcoin’s price bear the brunt of Mt. Gox’s repayment plan?

Cryptoslate 16 Jun 2024
A total of 137,890 BTC valued at $9.4 billion is presumed to be headed to creditors’ wallets, and this has warranted a mixed set of responses from experts, most of whom are concerned about a potential increase in selling pressure and a subsequent drop in Bitcoin’s price ... Gox was once the world’s leading Bitcoin exchange before it was hacked in 2014, leading to the loss of over 850,000 BTC.

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Latest Prices

# Name Price Volume (24h) % Change (24h)
1 Bitcoin (BTC) $ 9379.51121871 29291234397.1 -2.12 %
2 Litecoin (LTC) $ 68.6382381813 5720089694.18 -1.62 %
3 Ethereum (ETH) $ 181.975638826 11767008363.1 -0.48 %
4 Veritaseum (VERI) $ 18.45 0 0.00 %
5 EOS (EOS) $ 4.206085936 3774755482.59 -0.25 %
6 Centra (CTR) $ 0.01471 0 0.00 %
7 DigiByte (DGB) $ 0.0062005626 942236.540577 0.00 %
8 AdEx (ADX) $ 0.05420 88877.21 -1.21 %
9 Humaniq (HMQ) $ 0.004962 14208.2208233 0.00 %
10 Private Instant Verified Transaction (PIVX) $ 0.2293 734764.276735 -3.14 %
11 XRP (XRP) $ 0.2412959304 1903216173.21 0.88 %
12 Bitshares (BTS) $ 0.0211442821 3198719.09431 -1.80 %
13 BitSwift (SWIFT) $ 0.4051 0 0.00 %
14 OmiseGo (OMG) $ 0.9035012009 73564679.2141 2.52 %
15 Sphere Coin (SPHR) $ 0.06553 0 0.00 %
16 Ethereum Classic (ETC) $ 11.5038562535 2965506879.02 -0.61 %
17 NEM (XEM) $ 0.0454819175 29553422.0555 0.00 %
18 Rivetz (RVT) $ 0.007995 9993 -20.90 %
19 MaidSafe Coin (MAID) $ 0.1110 1367484.96476 -0.32 %
20 FunFair (FUN) $ 0.003110 659876.996354 -2.81 %
21 Paragon (PRG) $ 0.01592 362.34112 -12.81 %
22 Stratis (STRAT) $ 0.3037 985978.792886 -0.12 %
23 NavCoin (NAV) $ 0.1015 659640.563461 -1.83 %
24 Rise (RISE) $ 0.002627 44551.98061 3.45 %
25 Verge (XVG) $ 0.0037872163 759364.83599 5.08 %
26 Reddcoin (RDD) $ 0.0007190 40259681.7228 25.00 %
27 TenX (PAY) $ 0.05483 456707.500823 -0.13 %
28 Waves (WAVES) $ 0.8912100364 82970286.3014 1.84 %
29 Lisk (LSK) $ 1.0365054837 6082448.73385 6.17 %
30 KickCoin (KICK) $ 0.0000969519 57571.4577545 5.26 %
31 Monero (XMR) $ 72.1346716882 107010674.883 0.86 %
32 Komodo (KMD) $ 0.6368109417 2702396.03471 3.95 %
33 BitcoinDark (BTCD) $ 22.00 0 0.00 %
34 Dash (DASH) $ 129.41 44110.8016989 2.43 %
35 Gnosis (GNO) $ 15.82 542.73541475 -0.64 %
36 Populous (PPT) $ 0.5442 589469.581183 5.01 %
37 NEO (NEO) $ 11.5080200258 470747259.833 7.02 %
38 BitConnect Coin (BCCOIN) $ 1.00 0 0.00 %
39 Tether (USDT) $ 1.0003916102 40283398497.6 0.00 %

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# Name Price Volume (24h) % Change (24h)

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# Name Price Volume (24h) % Change (24h)

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Bernstein Analysts Revise Bitcoin Target, $200,000 And $1 Million Become Main Focus

NewsBTC 16 Jun 2024
The research firm noted that MicroStrategy has committed itself to “building the world’s largest Bitcoin company.” This has already paid off so far, with Chhugani and Sapra stating that the software ...
Edit

Will Bitcoin’s price bear the brunt of Mt. Gox’s repayment plan?

Cryptoslate 16 Jun 2024
Gox was once the world’s leading Bitcoin exchange before it was hacked in 2014, leading to the loss of over 850,000 BTC ... The Bitcoin market can be broadly divided into two categories based on investor holding times.
Edit

Bitcoin Proponent Michael Saylor Forecasts Potential $8 Million BTC Price Tag

Bitcoinist 16 Jun 2024
Fervent Bitcoin proponent Michael Saylor has made another very bullish prediction for Bitcoin’s price tag ... Notably, these comments come amidst MicroStrategy’s recent disclosure that it wants to increase its Bitcoin holdings.
Edit

Deutsche Telekom Plans to Begin Bitcoin Mining: Details Undisclosed

Coin Edition 16 Jun 2024
The German telecommunication company Deutsche Telekom has planned to mine Bitcoin. Dirk Roder, Deutsche Telekom team lead, asserts that the platform will begin Bitcoin mining ... plans to mine Bitcoin.
Edit

An Introduction to Bitcoin Ordinals

Bitcoin 16 Jun 2024
Bitcoin Ordinals have emerged as a novel way to enhance the functionality and ...
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Crypto Headlines of The Week: Bitcoin & ETH Ride Rollercoaster, XRP & LUNC Make Waves

CoinGape 16 Jun 2024
Bitcoin (BTC) and Ethereum (ETH) traded with immense volatility, whereas XRP and Terra Luna (LUNC) have caught the eyes of market enthusiasts with their cryptographic advancements ... Bitcoin & Ethereum Battle Crypto Market Turbulence.
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3 Reasons Why Bitcoin (BTC) May Retest $70,000 This Week

CoinGape 16 Jun 2024
The price of Bitcoin (BTC) is currently showcasing a mild resurgence, jumping by 0.51% in the past 24 hours to $66,600.62 ... Top 3 Bitcoin (BTC) Price Rebound Catalysts to Watch ... How High Can Bitcoin Soar?.
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Market Fear Surges As Bitcoin Plummets To $65K: Whales Sell, Miners and Retail Investors React

NULLTX 16 Jun 2024
The cryptocurrency market is gripped by fear as Bitcoin has dropped to $65,000, its lowest value since May 16th ... The crowd is showing fear after Bitcoin has fallen to $65K, its lowest market value since May 16th ... Someone is buying the #Bitcoin dip!.
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Crypto Whales Unload $3,300,000,000 in Bitcoin (BTC) in Just 10 Days, According to Analyst

The Daily Hodl 16 Jun 2024
A closely followed on-chain analyst says deep-pocketed Bitcoin holders are cashing in billions of dollars worth of BTC ... In addition to BTC whales, Martinez says miners are selling their Bitcoin stacks ... “Someone is buying the Bitcoin dip!.
Edit

Bitcoin Taker Buy/Sell Ratio Sees Notable Spike – What Does This Mean For BTC Price?

Bitcoinist 16 Jun 2024
On-chain data shows that the Bitcoin taker buy/sell ratio has experienced a significant surge on a particular crypto exchange ... Bitcoin Investors Buying The Dip On This Exchange ... The latest data shows Bitcoin’s average mining cost has soared to $86,668.
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Bitcoin’s Eerie Silence: Calm Before the Storm or New Stable Era?

CryptoPotato 16 Jun 2024
Bitcoin fell to a monthly low of $65,000 on June 14 and is currently down around 5% since the same time last week ... “Bitcoin very rarely goes this quiet,” commented analyst James Check in a post on X on June 14 ... #Bitcoin very rarely goes this quiet.
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Biden Administration to Attend Bitcoin Roundtable with Congressional Officials in DC

Coin Edition 16 Jun 2024
The Biden Administration will reportedly attend a historic Bitcoin roundtable with congressional officials ... Trump pledged to end Biden’s war on crypto and ensure the future of Bitcoin.
Edit

Community Revolts As Top Analyst Labels Memecoin Investments Gambling

CoinGape 16 Jun 2024
Bons Calls Bitcoin a Memecoin ... In response to this post, Bons asked the X user if it was because he recently referred to Bitcoin (BTC) as memecoin on Hotep Jesus’s show ... His reiteration that Bitcoin is a memecoin further angered some X users.
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18 Month Bitcoin Hashrate Rising Streak Ends

LB News 16 Jun 2024
After 18 months of continuous uptrend in the Bitcoin network’s hashrates, June saw a decline ... The opposite also applies, explaining how miners leaving has led to the drop in Bitcoin’s hashrate after 18 long months.
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Bitcoin Miners Are Selling Again: CryptoQuant

CryptoPotato 16 Jun 2024
Bitcoin (BTC) has fallen 4.5% in the past seven days, going to a monthly low of $65,000 ... Large Bitcoin mining companies have also increased their selling activity ... The increased selling from Bitcoin ...

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