Long-Time VC Thinks Bitcoin Will Surge to $250,000 by End of 2022
Bitcoin has undergone an extreme rally since the October lows, pushing from $11,000 to $27,800 as of this article’s writing. Tim Draper thinks that BTC could hit $250,000 in the coming two years. Bitcoin Could Ten X From Here Bitcoin has undergone an extreme rally since the October lows, pushing from $11,000 to $27,800 as of this article’s writing. BTC peaked at $27,900 a few hours ago, though might be poised to move higher in […]
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American venture capital investor Tim Draper still believes in a bitcoin price prediction he made in mid-April 2018, at the Draper University blockchain party. At the time, Draper said that he thinks bitcoin could reach $250K by 2022, and during an interview with CNBC’s Jade Scipioni this week, Draper reiterated his six-digit bitcoin price forecast. Tim Draper Envisions Six-Digit Bitcoin Prices by Next Year Tim Draper, the venture capitalist who has his hands in a myriad of blockchain and crypto companies, discussed his bitcoin (BTC) price prediction with CNBC this week. Draper is....
On-chain data shows Bitcoin long-term holders have just ramped up their selling as the binary CDD metric shoots up. Bitcoin Binary Coin Days Destroyed Has Observed A Surge As pointed out by an analyst in a CryptoQuant post, long-term holders may be using the recent surge as an opportunity to distribute their coins. A “coin […]
Ethereum rallied with the rest of the crypto market, reaching above $1,500 to land at a new one-month high. As the market rallied, developers had roused from their slumber looking to take advantage of the renewed interest in the market. This saw the number of new smart contracts deployed on the network reach new 2022 highs. Devs Bring The Heat Through 2022, the number of new smart contracts being deployed on the Ethereum network had been on the decline. This decline is understandable given that the market had entered another stretched-out crypto winter and investors were no longer willing....
The total crypto market cap has grown by nearly 400% in the last three years, from $727B in October 2022 to a staggering $3.72T at the time of writing. That kind of growth is unheard of in traditional stock market indices. But wait until you hear what Ripple CEO Brad Garlinghouse thinks is next for […]
Berlin has long been seen as something of a hub of bitcoin activity, but Germany as a whole has lagged slightly behind the UK in terms of bitcoin popularity... until now. For the first six months of the year, the UK was home to a higher number of downloads of the original bitcoin client (Bitcoin-Qt) than Germany. Since then, Germany has taken the lead, with 19,248 Bitcoin-Qt downloads taking place in the country from 1st July to the time of writing, compared with 16,826 in the UK. Those based in Germany have also been giving CoinDesk more attention over the past few months. In June and....