Financial

MicroStrategy Is a Timely Play on Bitcoin Halving; Initiate at Buy: Benchmark

A price target of $990 is based on the assumption that bitcoin will reach $125,000 by year-end 2025, the report said.

According to Gauntlet, the move offers the potential for more money with greater flexibility.

The category has gained more than 13% on average in the past 24 hours, CoinGecko veri shows.

The latest price moves in crypto markets in context for Feb. 27, 2024.

Aerodrome Finance is the largest protocol on Base with more than 30% of a market share.

Coinbase premiums for ether (ETH) tokens were higher than usual in the past week, suggesting demand was led by U.S. investors, CryptoQuant said.

Total market cap of Circle’s USDC has increased faster than that of larger rival Tether’s USDT in recent months, the report said.

Senators Ted Cruz, Bill Hagerty, Rick Scott, Ted Budd and Mike Braun filed a bill titled “The CBDC Anti-Surveillance State Act.”

OKX President Hong Fang says there is a high demand for crypto in the country.

Brandt expects bitcoin’s ongoing bull market to peak at $200,000, a significant upward revision from the previous estimate of $120,000.