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Bitcoin could soar in price over the next decade. But that's not the only reason billionaires are buying Bitcoin.

Billionaires Are Buying This Cryptocurrency That Could Soar 20,000%, According to MicroStrategy Executive Chairman Michael Saylor

Popular on-chain analyst Willy Woo is predicting that Bitcoin (BTC) will ultimately hit a massive value for one key reason. Woo tells his 1.1 million followers on the social media platform X that Bitcoin could capture 3% of the total wealth assets and soar more than 975% from the current value.

Bitcoin To Explode by at Least 975% To Reach Ultimate Price, Says Analyst Willy Woo – Here’s the Timeline

Read U.Today's top three news stories to learn what is happening in the world of crypto. As can be seen from the chart provided by TradingView, Ripple-affiliated token XRP seems to be gearing up for the biggest breakout in its price history. On the chart, one can see a symmetrical bullish triangle pattern that has formed over the past six years of XRP's price performance; two converging trend lines met at the apex as a result of the price showing lower highs and higher lows. The pattern usually indicates that the price may break out in the direction of the existing trend, which is up, if we are still following the 2018 case (as a reminder, in 2017-2018, during the 315-day rally, the price of XRP surged by astonishing 60,000%). This suggests that once the breakout occurs, the bullish momentum for XRP will continue. Based on the XRP price chart, not much remains until the pattern is completed. However, the end has not arrived this year, and it most likely will not arrive in the first half of 2025 either.

XRP Gears up for Biggest Breakout in Price History, Shibarium Close to Breaking Another Major Milestone, Samson Mow Shares Nuance about BTC Being Risk-Off Asset: Crypto News Digest by U.Today

Cathie Wood believes Bitcoin can reach as high as $3.8 million by 2030. This is unlikely and relies on some pie-in-the-sky reasoning. Bitcoin is likely to offer major returns nonetheless. That might seem like it's too good to be true, and it probably is. Ark Invest's Cathie Wood has made...

1 Top Cryptocurrency to Buy Before It Soars 6,200%, According to Cathie Wood of Ark Invest

Big investors are quietly buying up certain altcoins, hinting at massive growth potential by 2025. The signs are clear, and the stakes are high. This article uncovers which three cryptocurrencies are drawing attention and why they might skyrocket in value. Dive in to discover the next big digital assets poised for explosive returns.

Crypto Whales Are Accumulating These 3 Altcoins – Expect 5000% Returns by 2025

XRP could double in price to $1 by 2025. Here's what needs to happen.

Prediction: This Will Be the Next Big Move for Ripple's XRP

Toncoin is down over 17% in the last 7 days after French media reported that Pavel Durov the CEO of Telegram was arrested as part of a warrant issued by OFIM. CoinDesk's Jennifer Sanasie presents the "Chart of the Day." The chart of the day is presented by crypto.com, the...

TON Slides 17% as Telegram CEO Pavel Durov Arrested in France

CoinDesk

The payments company's stablecoin entry was off to a slow start last year on Ethereum, but its recent expansion to the Solana blockchain reignited the token's growth.

PayPal's Stablecoin Hits $1B Market Cap as Incentives Boost Activity on Solana

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a California judge ruled that the SEC's lawsuit against Kraken will proceed to trial. Plus, Celsius' bankruptcy administrator paid out over $2.5 billion to creditors, and PayPal's stablecoin, PYUSD surpassed $1 billion in market cap.

SEC’s Case Against Kraken Going to Trial; PayPal's PYUSD Tops $1B Market Cap

MakerDAO co-founder Rune Christensen said the feature won't be live when the USDS token goes live and the old DAI token will remain in circulation unchanged.

Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change

Coinbase CEO Brian Armstrong is still convinced that cryptocurrency payments will eventually gain traction during this decade. "It's funny to look back on how I thought payments was going to be the first killer app for crypto, and it turned out trading was the best business in crypto for the first 10 years," he said in a social media post.

Coinbase CEO Predicts Crypto Payments Will Eventually Take Off

Bitcoin’s fixed supply cap is perhaps its best characteristic. Bitcoin is compared to gold, but the digital asset is superior in a lot of areas. Based on your bullishness on Bitcoin, there remains meaningful upside over the long run. Investors should keep it simple and focus on the most...

The Ultimate Cryptocurrency to Buy With $1,000 in August

Self-proclaimed "degenerate" crypto media company Superbasedd is betting a monthly print magazine can make it in 2024.

Upstart 'Degenerate' Crypto-Culture Publication Bets on Print

The company earlier this year listed its iShares Bitcoin Trust ETF in the South American country.

BlackRock Lists Ethereum ETF on Brazilian Stock Exchange

Georgia State

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Daily Coffee Press

According to officials with the Southern District of Georgia, two recently unsealed federal indictments have charged 23 defendants in a series of broad conspiracies involving the use of drones to smuggle methamphetamine, marijuana, and cell phones into state prisons in Georgia.

23 Defendants Charged in Federal Indictments for Drone-Smuggling Drug Operation in Georgia

California State

The U.S. Securities and Exchange Commission’s (SEC) lawsuit against Kraken will proceed to trial, a California judge ruled Friday.

SEC’s Case Against Kraken Will Proceed to Trial, California Judge Rules

BTC is down 3% in the past 24 hours, with ETH, AVAX, LINK and UNI leading altcoin losses. Bitcoin's weekly Bollinger Bands compressed to similar levels seen not just last October, but in other episodes prior to big rallies, crypto trader CryptoCon noted. Altcoin investors face more pain ahead, but...

Bitcoin Slides Below $62K as Consolidation Drags on, but Traders Eye Possible Parabolic Rally

Bitcoin's spot price ETFs and latest halving have stabilized its price. XRP could head higher after its victory against the SEC. But one of these tokens has clearer long-term catalysts. Bitcoin (BTC -0.10%) and XRP (XRP -3.26%) are two very different types of cryptocurrencies. Bitcoin, the world's top cryptocurrency, is...

Better Cryptocurrency to Buy Right Now: Bitcoin vs. XRP

A closely followed crypto analyst is warning of a Bitcoin (BTC) collapse if it fails to hold one key support level. In a new video update, crypto strategist Jason Pizzino tells his 332,000 YouTube subscribers that Bitcoin’s bull market could be invalidated if it falls more than 27% from the current value on the weekly chart.

Crypto Analyst Issues Bitcoin Alert, Says There Will Be ‘Pretty Severe Consequences’ if BTC Falls Below This Level

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Bitcoin (BTC) 10 to 1 Split: Peter Brandt Joins Newbie Trolling

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Crypto Market Rally Created 88K New Millionaires in 2024: Henley Global

The recent cryptocurrency bull market has created more than 88,000 new crypto millionaires and...

Crypto Market Rally Created 88K New Millionaires in 2024: Henley Global

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