The post Bitcoin Price Prediction 2024, 2025 – 2030: Will BTC Price Hit $200,000? appeared first on Coinpedia Fintech News Story Highlights The live price of Bitcoin is $ 105,046.43583607 . The BTC price hits $106,488.25, eyes to achieve the $110,000 mark this year. Increased adoption could push the BTC price beyond $600k by 2030. The Bitcoin price today has achieved a new all-time high of $106,488.25, indicating a sustained bullish price action. With this, the crypto industry is now valued at $3.71 Trillion. Further, this makes Bitcoin the 06th biggest global asset with a valuation of $2.078 Trillion. Amidst the volatility, questions like, “What’s next for Bitcoin price after 100k?”, “Will Bitcoin go back up?”, or “How high can BTC price go?” are surfacing yet again! This comprehensive Bitcoin Price Prediction solves such doubts. Table of contents Story Highlights Overview Bitcoin Price Prediction 2024 Bitcoin Price Prediction 2025 Bitcoin Crypto Price Prediction 2026 – 2030 Bitcoin Crypto Price Forecast 2026 BTC Price Prediction 2027 Bitcoin Predictions 2028 BTC Price 2029 Bitcoin Price Prediction 2030 Bitcoin Prediction: Analyst and Influencer’s BTC Price Target CoinPedia’s Bitcoin (BTC) Price Prediction Bitcoin Historic Price Sentiments FAQs Overview Cryptocurrency Bitcoin Token BTC Price $ 105,046.43583607 3.31% Market Cap $ 2,079,580,234,612.83 Trading Volume $ 63,769,597,131.6888 Circulating Supply 19,796,771.00 All-time High $106,488.25 on 16th December 2024 All-time Low $0.04865 15th July 2010 24 High Coming soon 24 Low Coming Soon Bitcoin Price Prediction 2024 With a bull run for most of Q1, Q2, and Q3 of 2024, the buyers are confidently taking bullish positions in Bitcoin. As the uptrend peaks at $99,600 and sustains dominance above $92,000, the bull run could gain momentum. TradingView: BTC/USDT Rising hopes for interest rate cuts in the US market will push BTC’s price uptrend. Therefore, 2024 is highly anticipated to be a bullish year for Bitcoin, with a potential high of around $110,000 and a potential low of $81,000. Year Potential Low Potential Average Potential High 2024 $81,000 $95,500 $110,000 Also Read: What is Bitcoin? An In-Depth Guide To The King Of Digital Currencies Bitcoin ETF Update On 13th December 2024, BlackRock’s “IBIT” led the charge with an inflow of $393 million, followed by Fidelity’s “FBTC” with $60 million. While 3 BTC ETFs recorded a neutral flow, only Grayscale’s “GBTC” lost $105.8 million. The total Bitcoin ETF flow for 13th December was +$428.9 million. With this, the largest cryptocurrency ETF has marinated in positive flow for the 12th consecutive day. Bitcoin Price Prediction 2025 As Donald Trump won the U.S. election in 2024, the adoption of this digital asset witnessed a meteoric rise during the last leg of 2024. Moreover, countries such as the U.S., China, the U.K., El Salvador, and Ukraine have a Bitcoin reserve of 470,283 BTCs worth billions of dollars. Further, countries like Argentina, Singapore, Vietnam, and UAE are actively supporting this technology, the BTC price is expected to gain significant traction during the upcoming time. Moreover, with the launch of potentially more Bitcoin-related financial services and the increasing global adoption period of Bitcoin, BTC prices may maintain a bullish trend in 2025. The cryptocurrency is expected to create a high of $169,046 with a low of $85,000. Therefore, the average Bitcoin price projection for 2025 will potentially be $127,023. Year Potential Low Potential Average Potential High 2025 85,000 127,023 169,046 Bitcoin Crypto Price Prediction 2026 – 2030 Year Potential Low ($) Potential Average ($) Potential High ($) 2026 111,156 152,031 192,907 2027 138,697 189,127 239,558 2028 174,662 261,222 347,782 2029 201,355 330,361 459,368 2030 238,152 424,399 610,646 Bitcoin Crypto Price Forecast 2026 The BTC price range in 2026 is expected to be between $111,156 and $192,907. Moreover, the average price is projected to be $152,031. BTC Price Prediction 2027 Subsequently, the Bitcoin price range can be between $138,697 to $239,558 during the year 2027. Furthermore, the average price is expected to be $189,127, indicating a relatively stable bullish period for Bitcoin. Bitcoin Predictions 2028 With the next Bitcoin halving, the Bitcoin price will see another bullish spark in 2028. Specifically, as per our Bitcoin Price Prediction, the potential BTC price range in 2028 is $174,662 to $347,782. The average price is also expected to be $261,222, demonstrating continued positive momentum. BTC Price 2029 Thereafter, the BTC price for the year 2029 could range between $201,355 and $459,368. The average price is projected to be $330,361, indicating a significant rise in Bitcoin’s value. Bitcoin Price Prediction 2030 Finally, in 2030, Bitcoin prices are predicted to maintain a positive trend. Indeed, the BTC price is expected to reach a new all-time high, ranging between $238,152 and $610,646. In conclusion, the average cost is expected to be $424,399. Bitcoin Prediction: Analyst and Influencer’s BTC Price Target Firm Name 2025 2026 2030 Wallet Investor $136,367 $166,793 – DigitalCoinPrice $246,760 $379,975 $772,178 priceprediction.net $145,425 $217,543 $1,027,698 As per the Bitcoin forecast by Blockware Solutions, the price of 1 BTC could hit $400,000 Cathie Wood predicts the price of Bitcoin to achieve the $3.8 million mark by 2030. Michael Saylor-led MicroStrategy expects Bitcoin to soar beyond $13 million by 2045. CoinPedia’s Bitcoin (BTC) Price Prediction Firstly, at CoinPedia, we feel optimistic about Bitcoin’s price increase. Hence we expect the BTC price to create a 2024 high of $110,000. Year Potential Low Potential Average Potential High 2024 $81,000 $95,500 $110,000 Bitcoin Historic Price Sentiments Analyzing BTC’s historic price sentiment is suitable for rightly interpreting the indications we encounter while analyzing its future price sentiment. TradingView: BTC/USDT In a nutshell, optimism and hope around Bitcoin have continued to grow ever since its launch. And now, with the institutions coming together, the outcome of the fourth Bitcoin halving is a crucial turning point. Also read, Ethereum Price Prediction 2024 – 2030 for long-term price targets! FAQs What is Bitcoin’s price prediction today? The BTC price may range between $100,000 and $107,000 for today. What is the Bitcoin price prediction for tomorrow? If the bullish sentiment sustains, the star crypto may continue gaining value tomorrow. What is the Bitcoin price prediction for next week? Considering the present market sentiments, the BTC token may retest its $108k, making it a jump of ~3% in valuation. What is the Bitcoin price prediction for this month? With a potential surge, the Bitcoin (BTC) price may close the month with a high of $110,000. Why is Bitcoin Price up today? Amid increased whale activity and adoption, the price of Bitcoin token has achieved a new ATH of $106,488.25 during the early Asian trading hours today. How much will 1 Bitcoin be worth in 2025? As per Coinpedia’s BTC price prediction, 1 BTC could peak at $169,046. How much will $1 Bitcoin be worth in 2030? In 2030, the price of 1 Bitcoin could reach a height of $610,646. What will Bitcoin be in 10 years? Projecting a 10-year growth in a volatile asset like Bitcoin seems a far-stretched notion. The BTC price is expected to cross $600,000 by 2030. With global adoption, Bitcoin could be worth 1 million dollars . How much is Bitcoin today? At the time of writing, 1 Bitcoin value was $105,132.60.
The Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) to address the accounting for and disclosure of crypto assets. The ASU’s amendments improved the accounting for certain crypto assets by requiring entities to measure them at fair value and recognize fair value changes in net income each reporting period. Richard Jones, the FASB Chair, said the new standard responded to feedback from stakeholders of all backgrounds who indicated that the Board should prioritize improving crypto assets’ accounting and disclosure. The amendments also required entities to improve the information provided to investors about significant holdings, contractual sale restrictions, and changes between reporting periods. FASB enhances corporate Bitcoin accounting rules HISTORY: FASB FAIR VALUE ACCOUNTING RULES FOR #BITCOIN OFFICIALLY TAKE EFFECT TODAY Previously, companies could only value BTC at the price they bought, NOT the gains THE CORPORATE ADOPTION WAVE 🙌 pic.twitter.com/3NHmLsEauX — The Bitcoin Historian (@pete_rizzo_) December 16, 2024 FASB’s fair value accounting standard, which will be officially implemented starting today, allows companies like MicroStrategy to use fair value measurement methods to more accurately reflect the real value of Bitcoin assets. Previously, companies had to use the impairment loss accounting method, which reflected the falling value of Bitcoin as a loss in their accounting books. It was also difficult to reflect the actual increase in Bitcoin’s market value in accounting. Applying fair value accounting standards would allow Bitcoin’s market value fluctuations to be reflected in real time. The regulatory shift improved investor confidence and aligned Bitcoin valuation with market conditions. Many analysts expected this clarity to further increase institutional interest in Bitcoin. “It will provide investors and other capital allocators with more relevant information that better reflects the underlying economics of certain crypto assets and an entity’s financial position while reducing cost and complexity associated with applying current accounting.” ~ Richard Jones Early adoption of the ASU amendments would also be permitted for both interim and annual financial statements that still need to be issued. The ASU’s amendments will apply to all assets that meet the definition of intangible assets under the FASB accounting standard codification. Bitcoin to gain appeal as treasury reserve asset According to the FASB, the fair value rule marked a critical point for the role of digital assets like Bitcoin in corporate finance. Under the new standard, companies would be able to hold Bitcoin without concerns over impairment-driven reporting issues. MicroStrategy’s founder and Chair, Michael Saylor, said that upgrading accounting standards would facilitate corporations adoption of BTC worldwide, as a treasury reserve asset. He expected MARA to be the next Bitcoin company to be added to the Nasdaq 100. Saylor identified the FASB fair value rule as one of the three factors pushing Bitcoin’s price towards $1 million. He also emphasized that traditional bank custody would drive Bitcoin’s bullish trend. The MicroStrategy Chair added that bank custody services increased mainstream confidence and Bitcoin adoption by providing secure investment channels. While the new guidance applied to assets that met the scope criteria under ASC 350-60, not all assets would meet these criteria. Deloitte reported that wrapped tokens such as WBTC (Wrapped Bitcoin) would not be included in the scope of the new rule since such tokens provided their holders with the right or claim to the underlying wrapped crypto assets. Entities would need to use ‘judgment’ in accounting for wrapped tokens even if the underlying token was within the scope of the amendments. Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap
South Korea’s largest cryptocurrency exchanges Upbit and Bithumb announced today that they have listed the altcoin Moca Network (MOCA). While Upbit lists MOCA in KRW, BTC, and USDT pairs, Bithumb announced that it only lists it in KRW trading pair. Following these listings, the price of MOCA increased by up to 370%. Bithumb also announced that it has listed a memecoin called MOODENG on the KRW pair, in addition to MOCA. Yat Siu, co-founder of Animoca Brands, commented on the support of South Korean exchanges to Mocaverse and MOCA, saying, “Thank you Upbit and Bithumb. You brought mass adoption to web3 by welcoming South Korea to Moca Network.” While the price of MOCA rose rapidly after the listing announcements, this rise did not continue at the same pace. MOCA price then pulled back and continues to trade at $0.255 with a 160% increase. *This is not investment advice. Continue Reading: As Bitcoin Starts the Week with a Record, News from South Korea Sends This Altcoin Rocketing!
Riot Platforms, a leading bitcoin mining company, added a substantial amount of BTC, worth approximately $510 million, to its holdings. Between December 10 and 12, Riot bought roughly $510 million in Bitcoin, bringing the total value of its BTC holdings to nearly $1.7 billion. Leading bitcoin mining company Riot Platform recently raised $525 million to fund a significant addition to its BTC holdings, which now totals nearly $1.7 billion. The purchase comes just days after activist investor Starboard Value announced it had taken a significant stake in the bitcoin-mining company. Starboard Value Takes “Significant Position” in Riot Platforms Riot Platforms, a leading bitcoin mining company, has purchased an additional $510 million in Bitcoin to add to its holdings. Riot Platform announced that with the proceeds from a recent fundraising that netted the company $525 million, $510 million would be used to purchase 5,117 BTC at an average rate of $99,669 per BTC. The purchase brings Riot’s total holdings to 16,728 BTC. With the net proceeds from Riot’s recent $525 million, 0.75% coupon convertible bond issue, the Company has acquired 5,117 BTC at an average price of $99,669 per BTC, inclusive of fees and expenses. As a result, Riot has increased its holdings to 16,728 BTC, currently valued at… pic.twitter.com/Fi6x5hnNDR — Riot Platforms, Inc. (@RiotPlatforms) December 13, 2024 The purchase comes after activist investor Starboard Value took a “significant position” in the company. According to the Wall Street Journal , no financial details were disclosed, but the news of Starboard’s stake boosted Riot’s shares significantly. The WSJ reported that Starboard urged Riot Platforms to repurpose some of its Bitcoin mining capacity to service artificial intelligence models, and Riot’s purchase may have been due to pressure from Starboard as buying BTC has shown itself to be a way for miners to win over their investors. Riot reportedly told the WSJ: “We are committed to creating value for all shareholders, and we look forward to constructive dialogue with Starboard on ways to achieve this shared goal.” Shifting Focus to Artificial Intelligence The burgeoning artificial intelligence (AI) market has progressed and become more integrated into most business and technology aspects. As the sector continues to expand, the demand for computational power from AI is rising, and the Bitcoin mining industry is well-equipped to service this need. To service their own enterprise, Bitcoin and crypto miners are equipped with expansive data centres and captive power supplies, making them the ideal candidates for AI involvement. According to the reports from the WSJ, Starboard Value wants Riot to convert some of its bitcoin-mining facilities into space for big data centre users. According to a report from asset fund manager VanEck, Riot could gain an estimated $4.8 billion in market capitalization by pivoting to AI businesses, which would more than double the company’s current market cap. Matthew Sigel, head of digital assets research at VanEck, explained the logic behind pivoting to AI, “The synergy is simple: AI companies need energy, and Bitcoin miners have it.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Crypto investors favor stablecoins over Bitcoin for payments. The adoption of stablecoin in regions like Sub-Saharan African and Latin America has skyrocketed. Ripple President Monica Long stated that stablecoin for payments is the future. Stablecoins, cryptocurrencies pegged 1:1 to fiat currencies, have exploded in popularity. They’ve even beaten out Bitcoin (BTC) in transactions across the globe. Specifically, regions like Latin America and Sub-Saharan Africa have embraced these fiat-pegged assets, even as BTC hit $106,000 for the first time in history. This Chainalysis blog post explains how people in emerging markets use stablecoins to hedge against local monetary instability. They provide “a more reliable means of transacting and preserving value.” Furthermore, stablecoins have made a significant impact in Latin America and Sub-Saharan Africa due to their practicality for low-cost remittances, secure yield options, and access to DeFi services. Read also: Yellen Pushes for Stablecoin Oversight as Financial Risks Mount This growth is evident in the jump in stablecoin transfers under $1 million, which indicates non-institutional activity. Latin Am… The post Stablecoin Adoption Booms in Emerging Markets, Outpacing Bitcoin appeared first on Coin Edition .
As Bitcoin reaches new highs this year, the FBI has observed a sharp increase in cryptocurrency-related scams, including fraudulent investment schemes and employment scams. Special Agent David Paniwozik of the FBI’s Baltimore branch noted the growing trend, saying: “Criminals see cryptocurrencies as a quick and easy way to make money. Unfortunately, many investors are still unfamiliar with the technology, making them prime targets.” One of the key challenges, Paniwozik said, is the seamless and borderless nature of cryptocurrency transactions. “Whether it’s $1 or billions of dollars, money can be instantly transferred from a U.S.-controlled wallet to an offshore wallet,” he explained. Scammers often set up fake cryptocurrency exchanges, convincing victims that their investments are growing rapidly or demanding crypto payments to “unlock” lucrative job offers. The FBI warns that these scams are becoming increasingly sophisticated and difficult to detect, capitalizing on the public's excitement about cryptocurrencies and their potential for high returns. Related News: Watch Out: Very Important Week Ahead - Major Economic Developments and Altcoin Events Coming Up! Here is the Day by Day, Hour by Hour List In addition to investment scams, the FBI is seeing an increase in employment scams involving cryptocurrency. Significant losses have been reported in Maryland alone, with reported losses rising from $32,033 in 2023 to a staggering $3.8 million between January and October 2024. The average person in Maryland loses between $15,000 and $20,000 in these types of scams, Paniwozik said. According to the FBI’s 2023 Cryptocurrency Fraud Report, cryptocurrency-related complaints account for just 10% of all financial fraud reports, but nearly 50% of total monetary losses. The FBI advises potential investors and job seekers to be careful when dealing with cryptocurrency-related opportunities. Key tips include verifying the legitimacy of exchanges, being skeptical of promises of guaranteed high returns, and avoiding cryptocurrency payments for job offers. *This is not investment advice. Continue Reading: Cryptocurrency Warning from FBI Senior Official as Bitcoin Nears to New Record
According to COINOTAG, recent data from Matrixport reveals that during the anticipated 2024 Bitcoin bull market, Ethereum has notably lagged behind its counterpart. Bitcoin’s dominance surged from 50% to 61%,
Whales have made significant purchases of ADA and DOGE recently. Strong support levels for Bitcoin are established between 94,300 and 100,250 dollars. Continue Reading: Whales Accumulate Large Amounts of ADA and DOGE in Crypto Market The post Whales Accumulate Large Amounts of ADA and DOGE in Crypto Market appeared first on COINTURK NEWS .
This week, key US economic events like the Fed’s rate decision and inflation data are poised to significantly impact Bitcoin and overall crypto sentiment. The potential for a 0.25% Fed
Satoshi Nakamoto is climbing up the billionaire list as Bitcoin keeps hitting new record highs