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news-imageOctober 18, 2024

Wall Street Will Capitulate to Bitcoin, Predicts Anthony Pompliano

Anthony Pompliano, well-known Bitcoin advocate and CEO of Professional Capital Management, has made a brave prediction regarding the future of Bitcoin and its relationship to Wall Street.
Publisher: UToday
Sentiment: Positive
BTC

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cover-imageBenzinga
October 18, 2024

Bitcoin Closes In On $69,000: Here's When It Could Hit An All-Time High

Crypto trader Cold Blooded Shiller has outlined a bullish outlook for Bitcoin (CRYPTO: BTC), pointing to technical analysis and market psychology as key factors for a potential breakout. What Happened: In a Friday update on his YouTube channel, the trader emphasized the significance of Bitcoin's recent price action, particularly the formation of a higher high and higher low pattern on higher timeframes.

Positive
cover-imageCryptoSlate
October 18, 2024

Michael Saylor urges corporations to adopt Bitcoin for treasury strategy, predicts $13 million price within 21 years

MicroStrategy executive chairman Michael Saylor believes major corporations should consider adopting Bitcoin as a key component of their treasury management strategy. In a recent interview on the Markets with Madison podcast, Saylor argued that by investing in Bitcoin instead of stock buybacks, companies could significantly boost their market capitalization and protect their reserves from inflation.

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cover-imageCoinPedia
October 18, 2024

Bitcoin Breaks Long Channel Pattern, Eyes on $72,000

Bitcoin (BTC), the world's largest cryptocurrency by market cap, has breached one of the largest consolidations and is poised for a significant upside rally. On October 18, 2024, BTC broke out of the large descending channel pattern it had been moving since March 2024.

Positive
cover-imageBenzinga
October 18, 2024

Bitcoin Enables 'Saving Without Corporate Or Government Exploitation,' Says Industry Expert

Hunter Horsley, CEO of Bitwise, one of the companies attending Benzinga's upcoming Future of Digital Assets event on Nov. 19, likened blockchain's potential to the internet's far-reaching impact. What Happened: In an interview on the When Shift Happens podcast, Horsley said he believes public blockchains have the potential to transform global interactions and organizational structures in the same way the internet reshaped society He described blockchain as "an apolitical monetary instrument," capable of providing people worldwide with access to digital currencies and decentralized applications, without the interference of governments or corporations.

Positive
cover-imageBenzinga
October 18, 2024

Bitcoin Is 'The Simplest Story In Finance,' Will Climb Regardless Of Election Winner, Says Anthony Pompliano

Anthony Pompliano, CEO of Professional Capital Management, attributes the cryptocurrency market growth to broader global and sector-focused factors but dismisses the notion that the U.S. presidential election plays a significant role. What Happened: In an appearance on CNBC Squawk Box on Thursday, Pompliano linked this growth to the rising adoption of stablecoins.

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