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Cryptocurrency News Articles
Fred Thiel Predicts Bitcoin Will Hit $200K in 2025, Credits Pro-Crypto Trump Administration
Feb 09, 2025 at 08:00 pm
Fred Thiel, the CEO of Marathon Digital, a Bitcoin mining giant, is extremely bullish on Bitcoin and predicts it can reach $200K in 2025.
Marathon Digital CEO bullish on Bitcoin reaching $200K in 2025
Bitcoin is currently trading at around $97,000, meaning it could double from current prices if Fred’s prediction comes true.
The CEO attributes a pro-crypto regulatory environment post the appointment of Trump as a major driving force behind Bitcoin.
As debanking gradually ends, an increasing number of banks will be able to serve crypto startups. This would encourage more businesses to put BTC on their balance sheets.
'So I think there is still a big belief that Bitcoin will continue to go up in price. There’s still a lot of demand for the asset by not just retail but also institutional investors.' - Fred Thiel.
After the tariffs imposed on Mexico and China last week, Trump said more tariffs will be imposed next week, where ‘everyone’ will be impacted.
Although Trump didn’t specify which sectors will be targeted, the automobile industry definitely seems to be one.
Trump isn’t a big fan of VAT imposed by the EU on American exports. A tit-for-tat move is expected. Steel, oil, and pharmaceuticals are some other industries that may be on the President’s radar.
Short-term $BTC traders might see some volatility in the coming few weeks. However, the long-term view still stays positive as several analysts have predicted an upward move for Bitcoin towards the $200K mark.
When the tariffs are in full swing, investors should look to bank on yet-to-be-listed coins that aren’t impacted by market volatility, i.e., crypto presales.
If you’re on the lookout for the next crypto to explode, there’s hardly any better than Wall Street Pepe ($WEPE).
Wall Street Pepe ($WEPE) is a meme coin inspired by the famous frog meme (the same as $PEPE and $PEPU), looking to take forward the frog legacy but with a focus on small investors.
$WEPE aims to put the power of crypto trading in the hands of retail participants instead of a select few whales.
This community of token holders, known as the $WEPE army, can access meme coin strategies and market updates, which will help them stay a step ahead of the institutional players.
$WEPE’s community initiative has started well, too. It has amassed 45K followers on X and an active Telegram group.
$WEPE’s idea has resonated well with the crypto community. The presale has been a massive hit, raising more than $70M.
Seeing as it’s still going strong, Wall Street Pepe is now the biggest new meme coin presale after $PEPU, which raised $73M.
The $WEPE presale is in its last stretch. Although 7 days still remain, the tokens are much more likely to be sold out before that.
Available at a current price of $0.0003665, this is easily the lowest you’ll ever see Wall Street Pepe ($WEPE) at.
Buying $WEPE is pretty simple, too. Just head over to the official $WEPE presale website and link your crypto wallet (like Best Wallet).
Then, ensure you have enough ETH, BNB, or USDT to purchase the number of tokens you want. Also, keep some extra ETH for gas fees. Next, punch in the number of tokens you want to buy and approve the transaction from your wallet.
It’s important to remember that with a tariff war looming large, the markets are expected to be pretty volatile.
Therefore, you must do your own research before investing your hard-earned money in crypto. Also, this article isn’t financial advice.
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!
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- Cardano (ADA) Price Drop May Be Over: Analyst Sees an Imminent Rebound based on TD Sequential Indicator
- Feb 10, 2025 at 10:11 pm
- The TD Sequential indicator for the ADA price action has flashed a buy signal. Ali Martinez has highlighted that the ADA price chart is “showing signs of a potential rebound.”