Analysis News

Wall Street research firm Bernstein has reiterated one of the boldest long-term calls in traditional finance, confirming a $1 million Bitcoin price target for 2033 while materially revising how and when it expects the market to get there. Bernstein Keeps $1 Million Price Target For Bitcoin The latest shift surfaced after Matthew Sigel, head of digital assets research at VanEck, shared an excerpt from a new Bernstein note on X. In it, the analysts write: “In view of recent market correction, we believe, the Bitcoin cycle has broken the 4-year pattern (cycle peaking every 4 years) and is now in an elongated bull-cycle with more sticky institutional buying offsetting any retail panic selling.” The analyst from Bernstein added: “Despite a ~30% Bitcoin correction, we have...

OpenAI launches its first certification courses focused on practical AI skills for workers and teachers through ChatGPT and Coursera.
The post OpenAI launches first certification courses focused on practical AI skills appeared first on Crypto Briefing.

The surge in Bitcoin's price highlights the risks of leveraged trading, potentially leading to increased market volatility and cascading liquidations.
The post Over $190M in crypto shorts liquidated in last hour amid Bitcoin rally appeared first on Crypto Briefing.

Bitcoin climbed past $94K as markets priced in a Fed rate cut for tomorrows meeting, lifting the broader crypto market.
The post Bitcoin reclaims $94K ahead of tomorrow’s Fed meeting appeared first on Crypto Briefing.

Spot silver hits a record high at $60 on Fed rate cut expectations, fueling a broader precious metals rally amid market optimism.
The post Spot silver reaches record high of $60 as traders anticipate Fed rate cut appeared first on Crypto Briefing.

Shiba Inu has recorded a notable surge in spot trading activity on several exchanges over the last seven days. This provides a bullish outlook for the second-largest meme coin by market cap, which has been one of the underperformers in this market cycle.  Shiba Inu Sees Surge In Spot Trading Activity CoinGlass data show a 154% surge in Shiba Inu USD spot trading volume on Kraken over the last seven days. There has also been a significant surge on other major exchanges, such as Binance, Bybit, OKX, and Gemini, during the same period. This indicates that spot buyers may be stepping in to defend the SHIB price at a critical support amid the broader crypto market decline.  Related Reading: Will A Shiba Inu ETF Follow After Dogecoin? The Lone SHIB Filing Standing Against ...

The significant Bitcoin withdrawal from exchanges suggests increased investor confidence, potentially stabilizing prices and reducing sell-off risks.
The post Santiment reports over 403,000 Bitcoin moved off exchanges in the past year appeared first on Crypto Briefing.

The SEC's focus on AML in low-priced securities may lead to stricter compliance and increased scrutiny of international financial transactions.
The post SEC emphasizes AML measures for low-priced securities in omnibus accounts appeared first on Crypto Briefing.

Bitwise 10 Crypto Index ETF NYSE Arca approval grants access to BTC, ETH, XRP, and more via a market-cap weighted crypto fund.
The post Bitwise 10 Crypto Index ETF debuts on NYSE Arca with BTC, ETH, and XRP exposure appeared first on Crypto Briefing.

The XRP price is currently more than 45% below its all-time high and continues to decline amid broader market uncertainty. Despite the slow price action and weak momentum, a crypto analyst has projected that XRP could explode to $50 soon, providing reasons for his ambitious forecast. He boldly stated that the cryptocurrency will not experience a gradual climb to $5 or $10 first, but will instead jump straight to $50. XRP To Hit $50 With A Ripple Bank Charter  Crypto analyst Pumpius has outlined a compelling scenario that could dramatically transform XRP’s market outlook. The market expert claims that a single regulatory event could catapult XRP’s price to $50, representing more than a 2,300% increase from current levels around $2. In his thread post on X, he explaine...