Cryptocurrency Bitcoin Flirts with Previous Peak Levels as Market Tension subsides, claims Expert – Insights Provided
In a recent post on X, popular crypto analyst Dave the Wave shares his thoughts on Bitcoin's future. Here's what he expects:
Price Predictions Galore:Dave the Wave believes Bitcoin is set to soar, citing its status as an alternative currency and digital gold. His chart suggests a potential all-time high for BTC in June, with a possible price tag of $160,000 by the end of the year – almost doubling its previous record of around $109,000.
Week by Week:If Bitcoin continues to perform as it has over the last week, Dave the Wave thinks it could easily surpass its all-time high.
Bitcoin's current value sits at $97,499, a modest increase from under $85,000 on April 20th.
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Now, let's take a peek at some industry announcements:
- aZen Secures Funding and Onboards Users:cryptocurrency company, aZen, reveals it has secured a seed round of $1.2 million and welcomed 600,000 users to build DePIN, an AI-powered platform. Read more
- Bitcoin Seoul 2025:The largest Bitcoin-focused conference in Asia, Bitcoin Seoul 2025, will host industry leaders at the event taking place in South Korea. Read more
- FLOKI and Rice Robotics Team Up:Artificial intelligence companion robot FLOKI and Rice Robotics have collaborated to launch the robot with token rewards. Read more
- STEPN and Argentina Football Association Partner:STEPN and the Argentina Football Association announce their upcoming NFT drop, another exciting collaboration in the world of crypto. Read more
- BYDFi and Ledger Partner:BYDFi, the popular DeFi platform, teams up with Ledger to launch a limited edition hardware wallet, debuting at TOKEN2049 Dubai. Read more
- Grindery Launches Wallet Infra:The creators of a popular Telegram wallet reveal wallet infrastructure designed for AI agents. Read more
- Common Introduces Privacy Web App:Common, the privacy-focused company, launches the first privacy web app with subsecond proving times for Arbitrum and Aleph Zero EVM. Read more
Bitcoin Conventional Bullishness:
A recent report suggests that Bitcoin's upward pressure is brewing, as it decouples from the US stock market. Read more
Bitcoin ETFs have seen over $2.78 billion in net inflows in just seven days. Read more
Senator Cynthia Lummis states that the Federal Reserve's withdrawal of crypto guidance is "just lip service." Read more
Hackers have been creating fake corporate entities in the US to trick crypto developers and spread malware. Read more
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- Cryptocurrency altcoins are also experiencing a surge in interest, as aZen, a blockchain-based company, reports securing $1.2 million in funding and onboarding 600,000 users.
- In the world of finance, Bybit Finance partners with Ledger to launch a limited edition hardware wallet, further integrating blockchain technology into traditional financial systems.
