CRYPTO HOLDERS… CAN’T BELIEVE THIS IS HAPPENING 🚨
Altcoin Daily
Bitcoin Price Outlook
The host discusses the potential for Bitcoin's price to increase, citing historical patterns where Bitcoin has at least tripled from its previous all-time highs.
US States and Bitcoin
15 US states have proposed buying Bitcoin, with some further along in the process than others.
Global Adoption
El Salvador has already adopted Bitcoin as a reserve, and other nations are considering doing the same.
On-Chain Metrics
The Bitcoin Advanced NVT Signal indicates that the market is currently oversold, with the last similar reading corresponding to a price of $39,000 and $58,000 before a substantial rally.
Ethereum News
Ethereum ETFs have seen four consecutive days of gains with $308 million in inflows, while Bitcoin ETFs have rebounded with $341 million in inflows.
Real-World Asset Cryptocurrencies
Companies like Ando Finance are tokenizing traditional financial assets, such as stocks and bonds, on the blockchain. Lake, a real-world asset project, is focusing on the water economy, connecting the water industry to the blockchain without tokenizing water itself.
XRP News
The XRP ledger is back online after an hour-long network halt, with Ripple stating that all customer funds remained safe throughout the incident.
Bitcoin Outlook
The host predicts a potential price range of $140,000 to $160,000 for Bitcoin by the end of the year or early 2026, with a base case of $120,000. If the US were to actively buy Bitcoin, the price target could increase to $200,000.