Bitcoin forecast to hit $200k by end of 2025: Bernstein

Bitcoin price is flatlining within a narrowing range primarily due to unpredictable US economic policies, liquidity contraction, and other factors. 1615 Total views 135 Total shares Bitcoin (BTC) price has been oscillating inside the $82,400-85,300 range since March 14 as breakouts in both directions have been short-lived, as shown below. BTC/USD four-hour price chart. Source:

Manuel Andersch, senior FX analyst at the Bayerische Landesbank has published a report, which suggests that the “forthcoming halving effect has hardly been priced into the current Bitcoin (BTC) price.” Using a stock-to-flow ratio metric, the report projects a target price of $90,000 for Bitcoin in 2020.Though there were great expectations for the launch of…

Multi-currency and spot/futures exchange BTSE plans to host the first-ever native exchange token sale based on a Bitcoin (BTC) sidechain. The exchange seeks to raise $50 million, Finance Magnates reports on Dec. 10, with minimum investments set at $150,000.BTSE’s choice to host its offering on a Bitcoin sidechain sets it apart from other exchange tokens, which…

Bitcoin (BTC) starts a new week still riding high near $37,000 as macroeconomic data returns to the fore.The largest cryptocurrency continues to circle its highest levels in 18 months, with excitement over a possible exchange-traded fund (ETF) approval in the United States driving sentiment.That is getting increasingly greedy, however, as according to the Crypto Fear

When Indian Defense Minister Rajnath Singh said that blockchain and artificial intelligence would “revolutionize war,” as Cointelegraph reported on Nov. 4, did he take things a bit too far? Jet engines have revolutionized warfare, and so have missiles and nuclear weapons — but shared digital ledgers? Former NATO Secretary General Anders Fogh Rasmussen, for one, told…

Russia pilots national blockchain e-voting Russia is set to pilot a national blockchain-based e-voting system in September. The new system was developed in partnership between Rostelecom, Russia’s largest integrated provider, and Waves Enterprise.Another recent blockchain e-voting experiment in Russia ended in fiasco after the system suffered a number of setbacks and attacks. The Russian government used a…

Meta says the VR gloves rely on haptic rendering to send “precise instructions to the actuators on the hand,” and outlined a vision where people’s sensations match what they are doing in the Metaverse. 494 Total views 14 Total shares Meta — the company formerly known as Facebook — is diving straight into virtual reality…

Recent reporting by Cointelegraph shows that Bitcoin (BTC) spending has retraced since March 9 amid the worsening coronavirus pandemic. Data from blockchain analytics firm Chainalysis also shows that even the amount of Bitcoin spent on illicit activities through darknet marketplaces is down from pre-coronavirus levels.Despite the reduction in transactions, traders still view the current prices…