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Arthur Hayes Predicts $1M Bitcoin by 2028 Amid Trade Tensions
Arthur Hayes Predicts Bitcoin to Hit $1M by 2028 Amid U.S.-China Trade Tensions Arthur Hayes, co-founder of BitMEX and CIO of Maelstrom, has made a bold prediction: Bitcoin could reach $1 million by 2028. This forecast, shared during his keynote at Token2049 in Dubai on April 30, 2025, is rooted in his analysis of global economic conditions, particularly the escalating trade tensions between the U.S. and China. Hayes believes the world is entering a phase of economic instability, driven by the U.S.’s expanding fiscal deficit and debt structure. He argues that these factors will lead to long-term inflation and asset
Read moreBitcoin Nears $100K: Trump’s Trade Deal Fuels Rally
Bitcoin is currently trading at $99,500.47, just $500.53 away from the coveted $100,000 mark, as of May 8, 2025, at 11:27 AM +03. This price, sourced from CoinMarketCap, reflects a significant rally, with a 24-hour range of $95,829.33 (low) to $99,406.51 (high), indicating strong upward momentum. The cryptocurrency’s proximity to $100K coincides with President Donald Trump teasing a “big” trade deal, likely with India, which is contributing to bullish sentiment in the crypto market. This analysis explores the current price, the teased trade deal, and its potential impact on Bitcoin, drawing on recent news and market trends. Current Market Position
Read moreInter Fan Token Soars After Epic Champions League Win
Inter Milan’s fan token, known as “Inter Milan Fan Token” with the ticker symbol “INTER,” experienced a notable surge following their 4-3 victory over Barcelona in the UEFA Champions League semi-final on May 6, 2025. This match, which secured Inter’s place in the final with a 7-6 aggregate score, was described as one of the most thrilling in Champions League history, and its impact on the fan token highlights the direct correlation between sports team performance and cryptocurrency prices. Background on Fan Tokens and INTER Fan tokens are digital assets that allow fans to engage with their favorite sports teams,
Read moreOKX Lists DigiByte on US Platform: New Trading Option
OKX Lists DigiByte on US Platform: Boosting Crypto Trading Options OKX, a global leader in cryptocurrency exchange, has announced the listing of DigiByte (DGB) on its US platform, effective May 7, 2025. This development marks a significant step in OKX’s expansion into the American market, offering US-based traders access to DGB, a decentralized blockchain known for its fast transaction speeds and robust security features. Background and Listing Details DigiByte operates on the Unspent Transaction Output (UTXO) model, similar to Bitcoin, and supports smart contracts, decentralized applications (dApps), and secure authentication. With a circulating supply of 16,967,651,080 DGB and a maximum
Read moreEthereum’s Pectra Upgrade Live: Boosts Scalability and Staking
Ethereum’s Pectra Network Upgrade Goes Live: Key Changes and Market Impact Ethereum’s Pectra network upgrade, a significant milestone combining the Prague execution layer hard fork and the Electra consensus layer upgrade, has gone live on May 7, 2025. This upgrade, the most ambitious in Ethereum’s history, introduces 11 Ethereum Improvement Proposals (EIPs) aimed at enhancing scalability, staking efficiency, and user experience. Recent X posts from crypto experts like @sassal0x and platforms like CoinDesk and CoinbaseAssets confirm the activation earlier today, marking a pivotal moment for the Ethereum ecosystem. Upgrade Details and Timeline The Pectra upgrade was initially planned for late
Read moreUpbit’s $500M XRP Sell Volume Signals Bearish Korean Traders
Upbit, a major South Korean cryptocurrency exchange, has reportedly seen $500 million in net XRP sell volume, suggesting a bearish disposition among Korean traders. This development, as of May 7, 2025, highlights significant selling pressure on XRP, the native token of the XRP Ledger, and could have broader implications for its price and market dynamics. The analysis below explores the context, potential reasons, and impacts, drawing on available data and market trends. Current Market Position and Price Data The current price of XRP, based on reliable data, is $2.14 USD as of May 7, 2025. This price reflects recent fluctuations,
Read moreCIA Sees Bitcoin as Key Tool in U.S.-China Tech Race
Michael Ellis, the Deputy Director of the CIA, recently described Bitcoin and other cryptocurrencies as “another tool in the toolbox” for the United States in its strategic competition with China and other adversaries. Speaking on Anthony Pompliano’s podcast, Ellis underscored the importance of positioning the U.S. strongly in the technological landscape, where cryptocurrencies play a significant role. As of May 7, 2025, this statement reflects a growing recognition of Bitcoin’s potential in national security and intelligence operations. Bitcoin as a Strategic Asset Ellis’s comments highlight Bitcoin’s evolution from a medium often associated with illicit activities to a defensive tool for
Read moreBitcoin at $97K: Can It Hit $100K Before FOMC?
The current price of BTC, at $97,261.42, is close to the target but requires a 2.82% increase to reach $100,000. Historical data from recent hours shows volatility, with prices ranging from approximately $94,000 to $97,260.67 earlier today (May 7, 2025, at 00:26 UTC), indicating a potential for rapid movements. This price is crucial as it sets the baseline for evaluating whether Bitcoin can achieve the milestone before the FOMC announcement, which is approximately 11.6 hours away. Technical Analysis and Market Trends Technical indicators suggest a bullish outlook for Bitcoin. It is currently trading above the 100-day and 200-day Exponential Moving
Read moreTron Eyes $0.40: Tether’s $1B USDT Mint Fuels Bullish Momentum
Tron (TRX) is currently priced at $0.244 USD, based on the most reliable financial data available as of May 6, 2025. This price positions TRX as a notable player in the cryptocurrency market, particularly given its association with stablecoin activity. The user’s query highlights Tron “eyeing $0.40,” a target supported by recent market developments and price predictions, with Tether’s $1 billion USDT mint on the Tron network cited as a key momentum booster. Current Market Position and Price Data The current price of TRX, at $0.244, is below the $0.40 target but aligns with recent trading ranges. Historical data from
Read moreTrump Declares Full Support for Cryptocurrencies on National TV, Boosting Market Sentiment
Trump’s support for cryptocurrencies has evolved significantly since his presidency began. He has advocated for the US to become the “crypto capital of the planet” and called for a US “strategic reserve” of Bitcoin, as noted in PBS News. Additionally, his appointments of Paul Atkins as his pick for chair of the Securities and Exchange Commission and David Sacks as the new AI and crypto czar signal a favorable regulatory environment for cryptocurrencies. This aligns with his strategy to ensure the US leads in digital asset innovation, especially against competitors like China, as mentioned in the NBC interview. Details of
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