|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Legendary Crypto Trader Peter Brandt Predicts Extended Bitcoin Bull Run
May 01, 2024 at 12:20 am
Cryptocurrency headlines: Legendary trader Peter Brandt predicts a Bitcoin bull run until 2025, the Shiba Inu team provides an update on ShibaSwap and Shibarium, and Tesla plans to invest $10 billion in AI training this year.
Legendary Crypto Trader Peter Brandt Forecasts Extended Bitcoin Bull Run
In a recent market analysis update, renowned crypto trader and chartist Peter Brandt has revised his previous projections for Bitcoin's (BTC) current price cycle. In a previous analysis, Brandt predicted a potential peak of $72,723, suggesting that the largest cryptocurrency may have already reached its zenith.
However, in his latest corrections, Brandt assigns only a 25% probability to this scenario. Instead, he revisits a report issued in February that charted a more bullish outlook, forecasting a prolonged uptrend until September-October 2025. This extended bull run could potentially push Bitcoin's price to a staggering $160,000.
Brandt's contradictory forecasts have sparked discussions within the crypto community. Some investors remain optimistic, embracing the potential for significant gains. Others, however, remain cautious, considering the potential impact of exponential decay and the volatility of the cryptocurrency market.
Shiba Inu Team Provides Insight into ShibaSwap and Shibarium Developments
Lucie, the marketing lead and SHIB enthusiast for Shiba Inu (SHIB), has shared an update on the project's ecosystem via a recent platform post. This post primarily focuses on ShibaSwap, a decentralized exchange platform designed to enhance the utility and functionality of the SHIB token ecosystem.
Lucie announces that ShibaSwap is "going multichain," expanding its operations to both Shibarium and Ethereum chains. This strategic move aims to bolster ShibaSwap's security infrastructure and increase its interoperability.
Lucie also highlights the pivotal role of BONE, the governance token for ShibaSwap and Shibarium's gas fee token. Her cryptic remark, "If you know, you know," suggests that BONE may play a significant role in the future development of both platforms.
Tesla to Invest $10 Billion in AI Training
Tesla, the electric automobile giant led by Elon Musk, has announced a substantial investment of $10 billion in AI training this year. Musk emphasizes that companies not investing heavily and efficiently in AI training will face challenges in competing with rivals.
Tesla's significant financial allocation to AI development has sparked speculation within the crypto community about potential collaborations between Tesla and xAI, Musk's AI company founded to compete with OpenAI. Some members of the community envision the possibility of Tesla acquiring a stake in xAI or becoming involved with Grok, xAI's natural language processing project, in the future.
These significant developments in the crypto and technology industries underscore the rapidly evolving landscape of digital assets and artificial intelligence. Investors, analysts, and enthusiasts alike will closely monitor the unfolding events to gauge their potential impact on the global economic and financial ecosystem.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Altcoins Set to Explode: Crypto Analysts Predict Record Highs in 2024
- May 17, 2024 at 03:19 pm
- Altcoins Poised for Explosive Growth: Crypto Analysts Predict ATHs in 2024 As the cryptocurrency market exhibits optimistic indications of a sustained
-
- Embrace Meme Coins: Diversify Your Crypto Holdings with Bonk and Raboo
- May 17, 2024 at 03:19 pm
- Embrace the Meme Coin Revolution: Diversify Your Crypto Portfolio with Bonk and Raboo In the ever-evolving crypto landscape, where volatility reigns s
-
- Three Cryptocurrencies Poised for Takeoff: Toncoin, Render, and Algotech
- May 17, 2024 at 03:17 pm
- Toncoin, Render, and Algotech: The Crypto Trifecta Set to Soar In the ever-evolving crypto market, where fortunes are made and lost with lightning spe
-
- AI Cryptos Lead Surge in Crypto Market: Render, Bittensor, and Raboo Dominate
- May 17, 2024 at 03:14 pm
- The Rise of AI Cryptos: Render, Bittensor, and Raboo Lead the Charge The cryptocurrency market is experiencing a resurgence in 2024, with a particular
-
- Furrever Token Aims to Rival Success of Crypto Giants, Channeling Cuteness and Engagement
- May 17, 2024 at 03:14 pm
- Furrever Token: Poised to Emerge as a Crypto Giant, Rivaling the Success of XRP, Cardano, and Polygon In the ever-evolving digital asset landscape, a
-
- Shiba Inu and Dogwifhat Soar as Meme Coin Adoption Expands
- May 17, 2024 at 03:05 pm
- Shiba Inu and Dogwifhat Surge Amidst Wider Meme Coin Adoption Integration with Global Payment Service Shiba Inu (SHIB), the second-largest meme coin b
-
- USD Index Key to Bitcoin's Potential 127% Surge, Says Analyst
- May 17, 2024 at 03:04 pm
- US Dollar Index Holds Key to Bitcoin Price Surge, Analyst Predicts 127% Rally Acclaimed financial analyst Jamie Coutts from Real Vision has asserted t
-
- CoinGeek AMA Highlights Blockchain Innovations Ahead of London Conference
- May 17, 2024 at 03:03 pm
- CoinGeek Weekly Livestream AMA Explores Blockchain Advancements as London Blockchain Conference Nears In anticipation of the London Blockchain Confere
-
- Chainlink Poised for Surge as Technical Analysis Reveals Bullish Momentum
- May 17, 2024 at 03:02 pm
- Chainlink Poised for a Surge, Technical Analysis Reveals Strong Bullish Momentum NEW DELHI, India (CoinChapter.com) - Chainlink (LINK), the leading pr