Miguel Lopez In an investor note from Fundstrat, the potential for Bitcoin’s price to reach $180,000 before the next block reward halving in April 2024 has been projected. This astonishing prediction attributes a 521% price increase to the growing demand, possibly due to the expected approval of a Bitcoin ETF.
Meanwhile, the president of a think tank based in New Delhi asserts that World War III is already underway. He expects the BRICS nations (Brazil, Russia, India, China, South Africa) to join forces with the Shanghai Cooperation Organization (SCO), creating a clearer and stronger merged organization with significant influence.
In technology news, Elon Musk has publicly stated that his social media platform X, previously known as Twitter, will never introduce its own cryptocurrency token. This declaration came as a response to concerns about fraudulent coin projects using Musk’s name.
In legal developments, the U.S. Securities and Exchange Commission (SEC) has approached District Judge Analisa Torres, asking for permission to file an interlocutory appeal in the SEC v. Ripple case concerning XRP. The regulator also intends to request a stay of the ongoing district court proceedings.
These are the highlights from this week’s financial and tech news. Feel free to share your thoughts on these stories in the comments below.
Frequently Asked Questions (FAQs) about fokus keyword Bitcoin
What is Fundstrat’s price prediction for Bitcoin by April 2024?
Fundstrat has forecasted that the price of Bitcoin could potentially surge to $180,000 before the next block reward halving event in April 2024. This prediction is attributed to rising demand, mainly fueled by the anticipated approval of a Bitcoin ETF.
Has World War III already begun according to an Indian analyst, and what are the implications involving BRICS and SCO?
The president of a New Delhi-based think tank believes that World War III has already begun. He anticipates that the BRICS economic bloc (Brazil, Russia, India, China, and South Africa) will merge with the Shanghai Cooperation Organization (SCO), forming a clearer and stronger single organization.
What did Elon Musk say about launching a crypto token for his social media platform X?
Elon Musk said that his social media platform X, formerly known as Twitter, will never launch its own cryptocurrency token. He made this statement to address concerns over fake coin projects using his name.
What is the latest development in the SEC v. Ripple case over XRP?
The U.S. Securities and Exchange Commission (SEC) has sent a letter to District Judge Analisa Torres seeking permission to file an interlocutory appeal in the SEC v. Ripple case over XRP. Additionally, the securities regulator’s motion will seek to stay the ongoing district court proceedings.
