When Will Bitcoin Reach the $1 Million Mark? Two Experts Speak Out

Cryptocurrency analyst Samson Mow has made a striking prediction regarding the price of Bitcoin. He argues that Bitcoin will not reach $1 million gradually, but rather in a sharp jump over a short period of time. “When you look at the collapse of fiat currencies, it doesn't happen slowly; it happens suddenly and violently. My $1 million Bitcoin prediction is based on this,” Mow said. “It will be a short, sharp rise over weeks or months.” Related News: Altcoins Whales Have Been Moving the Most to Exchanges in Recent Hours Have Been Revealed However, this bold view was challenged by another prominent analyst, PlanB. He dismissed Mow's statements as “unrealistic expectations,” saying: Bitcoin is unlikely to reach $1 million in weeks or months. I understand and appreciate that Mow is creating a trend that encourages Bitcoin adoption. However, at this point, this rhetoric risks misleading new investors. There will be intense profit-taking at intermediate price levels. What we're seeing this cycle is a gradual, less volatile rise. The $1 million target is much more likely to be achieved within 6–8 years. *This is not investment advice. Continue Reading: When Will Bitcoin Reach the $1 Million Mark? Two Experts Speak Out

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Prenetics Bitcoin: Strategic Daily Buys Boost Holdings to 228 BTC

BitcoinWorld Prenetics Bitcoin: Strategic Daily Buys Boost Holdings to 228 BTC The world of digital assets is buzzing with exciting news! Nasdaq-listed global healthcare company Prenetics is making headlines by strategically increasing its Prenetics Bitcoin holdings. This significant move highlights a growing trend among major corporations embracing digital currencies. Prenetics Bitcoin: A Daily Accumulation Strategy Prenetics, a prominent name in healthcare, has embarked on a remarkable journey into the world of cryptocurrency. The company is now actively purchasing an additional one Bitcoin every single day. This consistent accumulation strategy has already boosted their total reserves. Their current holdings stand at an impressive 228 BTC. This daily acquisition demonstrates a clear, long-term commitment to Prenetics Bitcoin as a valuable asset. Previously, Bitcoin World reported a substantial initial investment. In June, Prenetics made a significant splash by acquiring $20 million worth of Bitcoin. Interestingly, the funds for this initial large purchase were reportedly secured through the sale of a subsidiary. This indicates a well-thought-out financial maneuver to diversify and strengthen their balance sheet with digital assets. Why Nasdaq-Listed Firms Are Embracing Prenetics Bitcoin? Why would a global healthcare company like Prenetics venture so deeply into cryptocurrency? The decision reflects a broader institutional shift. Companies are increasingly viewing Bitcoin as a strategic reserve asset, similar to gold, offering a hedge against inflation and potential long-term value appreciation. Inflation Hedge: Bitcoin’s finite supply makes it an attractive asset during periods of economic uncertainty. Balance Sheet Diversification: Adding digital assets like Prenetics Bitcoin can help diversify a company’s financial portfolio beyond traditional holdings. Innovation and Future-Proofing: Embracing cryptocurrencies can signal a forward-thinking approach, positioning the company at the forefront of financial innovation. For Prenetics, this move could be about securing a portion of its treasury in an asset with perceived growth potential, thereby safeguarding shareholder value in an evolving global economy. It also aligns with a growing acceptance of digital assets within mainstream finance. The Broader Impact of Prenetics Bitcoin Adoption Prenetics’ decision is not an isolated event. It contributes to a larger narrative of institutional adoption that is slowly but surely legitimizing the cryptocurrency market. When a Nasdaq-listed entity like Prenetics makes such a public commitment to Prenetics Bitcoin , it sends a powerful signal to other corporations and investors. This kind of corporate endorsement can: Increase market confidence in Bitcoin. Encourage other companies to explore similar strategies. Drive further mainstream integration of digital assets. However, it’s also important to acknowledge the inherent volatility of the crypto market. Companies undertaking such strategies must have robust risk management frameworks in place to navigate potential price fluctuations. This is a calculated risk, but one that many believe offers significant upside. Navigating the Future with Prenetics Bitcoin The continuous accumulation of Prenetics Bitcoin is more than just a financial transaction; it’s a statement about the future of corporate finance. As the digital economy expands, companies are exploring new ways to manage their capital and create value. What does this mean for the future? We might see more companies, even outside the tech sector, allocate portions of their treasury to Bitcoin. The demand for secure, regulated crypto custody solutions will likely grow. This trend could accelerate the development of clearer regulatory frameworks for digital assets globally. Prenetics’ proactive approach serves as a compelling case study for how established businesses are adapting to the digital age. Their daily Bitcoin purchases are a testament to their belief in the long-term viability and value of the world’s leading cryptocurrency. A Compelling Conclusion for Prenetics Bitcoin In summary, Prenetics’ strategic daily acquisition of Bitcoin, building upon its initial $20 million investment, marks a pivotal moment. This move by a Nasdaq-listed healthcare firm underscores the increasing institutional confidence in Bitcoin as a robust asset. It’s a clear signal that digital assets are becoming an integral part of corporate treasury management, pushing the boundaries of traditional finance and paving the way for wider adoption. The journey of Prenetics Bitcoin is one to watch closely as it unfolds. Frequently Asked Questions (FAQs) Q1: What is Prenetics? A1: Prenetics is a Nasdaq-listed global healthcare company, known for its diagnostic and genetic testing services. Their recent ventures include significant investments in Bitcoin. Q2: How much Bitcoin has Prenetics acquired? A2: Prenetics initially purchased $20 million worth of Bitcoin in June and is currently acquiring an additional one Bitcoin daily, bringing its total holdings to 228 BTC. Q3: Why is a healthcare company like Prenetics buying Bitcoin? A3: Prenetics’ move into Prenetics Bitcoin reflects a broader trend of institutional adoption. Companies view Bitcoin as a strategic reserve asset for balance sheet diversification, an inflation hedge, and a way to embrace financial innovation. Q4: What does this mean for the cryptocurrency market? A4: The adoption of Prenetics Bitcoin by a Nasdaq-listed company enhances market confidence, encourages other corporations to consider similar strategies, and contributes to the mainstream integration of digital assets. Q5: Are there risks associated with companies holding Bitcoin? A5: Yes, the cryptocurrency market is known for its volatility. Companies holding Bitcoin must implement robust risk management strategies to navigate potential price fluctuations effectively. Did you find this insight into Prenetics’ Bitcoin strategy valuable? Share this article with your network on social media to spread the word about institutional adoption in the crypto space! Your shares help us bring more crucial news and analysis to a wider audience. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption. This post Prenetics Bitcoin: Strategic Daily Buys Boost Holdings to 228 BTC first appeared on BitcoinWorld .

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ChatGPT Update Could Enable Data Leaks, Ethereum’s Vitalik Buterin Proposes Info Finance Alternative

ChatGPT data leak risks arise when attackers exploit Model Context Protocol (MCP) integrations to trick users into approving actions, allowing data exfiltration from Gmail, calendars and cloud storage; immediate protection

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BTC Perpetual Futures: Unveiling Crucial Long/Short Ratios for Smart Traders

BitcoinWorld BTC Perpetual Futures: Unveiling Crucial Long/Short Ratios for Smart Traders Are you keeping a close eye on the pulse of the crypto market? Understanding key indicators is absolutely essential for making informed trading decisions. Today, we’re diving deep into the fascinating world of BTC perpetual futures and specifically, the long/short ratio across the top global exchanges. This data offers a powerful glimpse into the collective sentiment of traders, revealing whether the crowd is leaning bullish or bearish on Bitcoin’s immediate future. What are BTC Perpetual Futures and Why Do They Matter? Before we dissect the numbers, let’s clarify what BTC perpetual futures are. Unlike traditional futures contracts that have an expiry date, perpetual futures never settle. This means traders can hold their positions indefinitely, as long as they meet margin requirements. They are a cornerstone of crypto trading, allowing participants to speculate on Bitcoin’s price movements without actually owning the underlying asset. The long/short ratio, on the other hand, is a critical metric. It measures the proportion of long positions (bets that the price will go up) versus short positions (bets that the price will go down) among traders. A ratio above 1.0 indicates more longs, suggesting bullish sentiment, while a ratio below 1.0 indicates more shorts, hinting at bearishness. Monitoring this ratio provides a powerful tool for gauging market sentiment. Decoding the Current BTC Perpetual Futures Sentiment Over the last 24 hours, the long/short position ratio for BTC perpetual futures on the top three global crypto futures exchanges by open interest presents an intriguing picture. The market appears to be in a delicate balance, with a slight lean towards optimism. Here’s a detailed breakdown: Overall Market: The aggregated data shows a split of 50.44% long versus 49.56% short . This indicates a near-neutral stance, with a marginal preference for long positions. Binance: On Binance, one of the largest exchanges, the ratio stands at 50.3% long and 49.7% short . This closely mirrors the overall market sentiment, suggesting a balanced outlook among its vast user base. OKX: OKX exhibits a slightly more bullish tilt, with 52.02% long and 47.98% short . This indicates that traders on OKX are marginally more optimistic about Bitcoin’s short-term price trajectory compared to their peers on other platforms. Bybit: Bybit shows a ratio of 50.23% long and 49.77% short . Similar to Binance, Bybit traders are also maintaining a relatively balanced view, with a very slight lean towards long positions. This data highlights that while there’s a fractional bullish edge, the market is not overwhelmingly leaning in one direction. Such equilibrium often precedes significant price movements, making these ratios particularly insightful. Why These Ratios Matter for Your Trading Strategy Understanding these BTC perpetual futures ratios can be incredibly beneficial for traders. Firstly, they act as a contrarian indicator for some. For instance, if the ratio is extremely high (too many longs), it might suggest an overleveraged market ripe for a short squeeze or a correction. Conversely, an extremely low ratio (too many shorts) could signal a potential short squeeze and a price rebound. Secondly, these ratios can confirm existing trends. If Bitcoin is rising and the long/short ratio is also increasing, it reinforces the bullish momentum. However, a divergence—where price rises but the ratio decreases—could signal underlying weakness. Traders often combine this data with other technical analysis tools, such as volume and price action, to form a comprehensive trading strategy. Navigating Market Sentiment with Actionable Insights The current balanced state of BTC perpetual futures long/short ratios suggests a period of consolidation or indecision. This is not uncommon in volatile markets. For traders, this could mean: Caution is Key: With sentiment so evenly split, significant price movements could occur in either direction. Avoid making aggressive bets without further confirmation. Watch for Shifts: Monitor these ratios closely for any sudden, significant shifts. A rapid increase in long positions could signal growing bullish conviction, while a sharp rise in shorts might indicate increasing fear. Look at Funding Rates: Complement long/short ratios with funding rates. High positive funding rates often accompany a high long/short ratio, indicating that longs are paying shorts to hold their positions, which can be unsustainable. Ultimately, these ratios are a piece of the puzzle, not the entire picture. They offer valuable context for understanding the market’s psychological landscape. By integrating this data into your analysis, you can gain a more nuanced perspective and potentially anticipate future price action. The long/short ratio for BTC perpetual futures on top exchanges provides a crucial window into market sentiment. While the current balance suggests a period of cautious optimism, smart traders will continue to monitor these metrics for significant shifts. This data, combined with other analytical tools, empowers you to navigate the dynamic crypto landscape with greater confidence and precision. Stay informed, stay strategic, and make every trade count. Frequently Asked Questions (FAQs) Q1: What is a long/short ratio in crypto futures trading? A1: The long/short ratio indicates the proportion of long positions (traders expecting price increases) versus short positions (traders expecting price decreases) in a futures market. It’s a key indicator of market sentiment. Q2: Why are BTC perpetual futures popular? A2: BTC perpetual futures are popular because they allow traders to speculate on Bitcoin’s price without an expiry date, offering flexibility and leverage. This makes them attractive for both short-term and long-term speculative strategies. Q3: What does a near 50/50 long/short ratio imply for BTC perpetual futures? A3: A near 50/50 ratio, as seen currently, suggests a relatively balanced market sentiment with no strong consensus among traders. It can indicate a period of consolidation or indecision before a potential breakout in either direction. Q4: How can traders use long/short ratio data? A4: Traders can use this data as a sentiment indicator, a contrarian signal (e.g., extremely high ratios might precede corrections), or to confirm existing trends. It’s best used in conjunction with other technical and fundamental analysis tools. Q5: Are these ratios the only thing I should consider for BTC perpetual futures trading? A5: No, while long/short ratios are valuable, they are just one piece of the puzzle. Always combine this data with other indicators like funding rates, open interest, volume, price action, and broader market news for a comprehensive trading strategy. If you found this analysis helpful, consider sharing it with your trading community on social media! Your insights can help others navigate the complex world of crypto futures. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post BTC Perpetual Futures: Unveiling Crucial Long/Short Ratios for Smart Traders first appeared on BitcoinWorld .

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Coinbase Clarifies Token Listing Process, Emphasizes Free Submissions and Transparency

Coinbase is redefining crypto listings with a transparent, merit-based review process that fast-tracks vetted tokens, prioritizes investor protection, and aligns tightly with regulatory standards. Coinbase Adds Clarity to Token Listings With Transparent Review Standards Cryptocurrency exchange Coinbase (Nasdaq: COIN) moved on Sept. 10 to sharpen clarity around its digital asset listing process, underscoring its role

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Top Crypto Coins to Invest in Before Q4 Market Pump

As Q4 approaches, investor sentiment is turning toward emerging projects with transformative potential. One such project is Mutuum Finance (MUTM) , which is creating waves with its innovative approach to decentralized lending and liquidity markets. Mutuum Finance is currently in its sixth presale round with tokens available for sale at $0.035. The project has collected over $15.63 million with over 16,240 individuals in support. While PEPE is still in social traction and speculative interest, the spotlight intensifies on Mutuum Finance as it combines hype with real-world adoption, thereby making it one of the most closely followed names ahead of the last market rally of the year. Pepe Coin (PEPE) Price Snapshot & Outlook Pepe Coin (PEPE) currently trades at $0.000011. Its price has changed little today, showing a relatively flat market for the token. In the short term, speculative demand continues to be driven by sentiment and its meme-token nature, but without new catalysts PEPE might stay in a tight trading range. Investor focus is increasing towards new DeFi platforms such as Mutuum Finance, however, which are vying for attention with tokens such as PEPE. Mutuum Finance Presale Momentum Sixth round of sale of MUTM token validates the project’s viability with an all-time high of $15.63 million in funds invested and over 16,240 investors. The investors in the sixth round will enjoy astronomical profits once the token goes live. Mutuum Finance is building an entire ecosystem that will feature a stablecoin, on the Ethereum blockchain for utmost safety and security. $50,000 Bug Bounty Program For the purpose of giving protection to the platform, Mutuum Finance has instituted a Bug Bounty Program in association with CertiK with the reward value up to $50,000 USDT. The platform extends an open invitation to white-hat hackers, security researchers, and developers who wish to discover and submit bugs. The bugs are graded on a severity level basis, i.e., critical major minor and low. The practice hardens platform security protection protects user balances and supports investor confidence. Development and Community Incentives Mutuum Finance also initiated a $100,000 giveaway to encourage early investors, reward new users, and engage the community. Ten winners will be rewarded with $10,000 MUTM tokens. The activities are directed toward growth with stability in the ecosystem. Market Risk, Volatility, and Liquidity Management The protocol stabilizes and regulates market exposure with limits and liquidation levels and also compensates liquidators for illiquidity. Volatility of an asset directly influences Loan-to-Value ratio aggressiveness or conservativeness and liquidation levels. The higher the volatility, the more aggressive parameters; lower the volatility, the more conservative parameters. Risk rankings also regulate reserve multipliers so the protocol is secure, stable, and realistic in all market environments. Community-Led Development and Security Mutuum Finance not only guarantees a secure and scalable DeFi protocol, but an investor community, user community, and token holders who are lucky enough to be able to enjoy not only the security dividends of the platform but also the hard work of the community. Since the presale process kickstarted, MUTM has introduced incentives to reward the users, grow the community, and establish long-term stability for the project. Mutuum Finance (MUTM) is stealing all the spotlight ahead of the Q4 market pump, outrunning speculative tokens like PEPE with real DeFi utility and adoption. Stage 6 tokens are at $0.035, which will rise to $0.04 in the next stage. Presale has already raised $15.63M with 16,240+ investors, showing strong momentum. Backed by a $50K CertiK bug bounty, a $100K community giveaway, and an ecosystem that features an Ethereum-based stablecoin and dual lending models, MUTM offers growth opportunity along with safety. Lock in your tokens now in Stage 6 before the next price increase. For more information regarding Mutuum Finance (MUTM) please use the following links: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance

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Bitcoin: US Spot ETFs Post $23.239B Net Inflow This Week — IBIT +$10.369B, FBTC +$8.496B

COINOTAG News (Sept. 13), citing Farside Investors monitoring, reported the U.S. Bitcoin spot ETF complex recorded a week-to-date net inflow of $23.239 billion. Flows were led by BlackRock IBIT (+$10.369B)

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Bitcoin Bull Market: PlanB’s Astonishing $500K Forecast Confirmed

BitcoinWorld Bitcoin Bull Market: PlanB’s Astonishing $500K Forecast Confirmed Are you wondering if the crypto world’s most anticipated rally is still on track? Renowned analyst PlanB, creator of the influential Stock-to-Flow (S2F) model, has delivered a compelling update. He asserts that the current Bitcoin bull market remains firmly intact. This is exciting news for anyone closely watching the digital asset space, offering a renewed sense of optimism for Bitcoin’s future. Is the Bitcoin Bull Market Truly Intact? PlanB’s latest analysis points to a crucial indicator: Bitcoin’s monthly Relative Strength Index (RSI). He notes that the RSI is consistently holding around the 70 mark. This level is historically associated with strong upward momentum during a Bitcoin bull market . This sustained positioning suggests that despite recent fluctuations, the underlying strength of the market has not wavered. For those unfamiliar, the RSI is a momentum oscillator. It measures the speed and change of price movements. A reading of 70 or above typically indicates an asset is becoming overbought. However, in a strong bull run, it can simply signify sustained buying pressure, confirming the market’s robust health. Unpacking PlanB’s Astonishing S2F Price Prediction for the Bitcoin Bull Market Beyond the RSI, PlanB delved deeper into his renowned Stock-to-Flow (S2F) model. This model, which quantifies Bitcoin’s scarcity, offers a fascinating perspective on its future valuation. According to his projections, the peak of this current Bitcoin bull market cycle is not expected until after October 2025, potentially stretching into 2026. His insights provide a long-term roadmap for investors. Here are the key forecasts from PlanB’s S2F model: Peak Timing: The cycle peak is predicted for post-October 2025, possibly extending into 2026. Cycle Price Prediction: An impressive average of $500,000 for the 2024-2028 cycle. Projected Range: A wide yet optimistic band between $250,000 and $1 million. PlanB also candidly commented that if the average Bitcoin price for this cycle falls below $250,000, it would be considered a ‘poor outcome’ for the S2F model’s accuracy. This highlights the confidence he places in the model’s predictive power for the ongoing Bitcoin bull market . What Does This Mean for Your Bitcoin Strategy? Understanding these long-term forecasts from a respected analyst like PlanB can provide valuable context for your investment decisions. While no model is foolproof, the S2F’s historical performance and PlanB’s consistent analysis offer a compelling narrative for the future of the Bitcoin bull market . It suggests a potentially extended period of growth, rather than a quick, sharp peak. This perspective might encourage a longer-term holding strategy for those who believe in Bitcoin’s scarcity-driven value proposition. However, it is crucial to remember that the crypto market is inherently volatile. Always conduct your own research and consider your risk tolerance before making any investment moves. In essence, PlanB’s latest pronouncements paint a remarkably optimistic picture for the Bitcoin bull market . With the RSI holding strong and the S2F model forecasting a substantial peak well into 2025 or 2026, the journey for Bitcoin appears far from over. His $500,000 cycle average prediction, with a potential reach of $1 million, reaffirms the belief among many that Bitcoin’s true potential is yet to be fully realized. This ongoing narrative continues to captivate and inspire the crypto community, solidifying Bitcoin’s position as a truly groundbreaking asset. Frequently Asked Questions (FAQs) Q1: What is PlanB’s Stock-to-Flow (S2F) model? The Stock-to-Flow (S2F) model is a quantitative model created by PlanB that attempts to predict Bitcoin’s price based on its scarcity. It compares the existing supply (stock) to the annual production (flow). Q2: What is the Relative Strength Index (RSI) and why is 70 significant for Bitcoin? The RSI is a momentum indicator that measures the speed and change of price movements. A reading of 70 or above suggests an asset is overbought. In a strong Bitcoin bull market , a sustained RSI around 70 indicates consistent buying pressure and strong momentum. Q3: When does PlanB predict the peak of this Bitcoin bull market cycle? PlanB predicts the peak for this current Bitcoin cycle will occur after October 2025, possibly extending into 2026, based on his S2F model. Q4: What is PlanB’s price prediction for Bitcoin in this cycle? PlanB predicts an average Bitcoin price of around $500,000 for the 2024-2028 cycle, with a potential range between $250,000 and $1 million. Q5: Is PlanB’s prediction guaranteed? No, like all financial models and predictions, PlanB’s forecast is not guaranteed. The crypto market is highly volatile, and various factors can influence price movements. Investors should always conduct their own research. Found PlanB’s insights on the Bitcoin bull market compelling? Share this article with your friends and fellow crypto enthusiasts to keep the conversation going! To learn more about the latest Bitcoin market trends, explore our article on key developments shaping Bitcoin price action . This post Bitcoin Bull Market: PlanB’s Astonishing $500K Forecast Confirmed first appeared on BitcoinWorld .

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Vitalik Buterin Reacts to Crucial ChatGPT Security Warning

Ethereum co-founder comments on a recent warning about ChatGPT leaking personal user data

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Ethereum Soars Past $4,700, Driven by Strategic Developments

Ethereum surged past $4,700, driven by regulatory and technical factors. Significant purchases by major investors further strengthened Ethereum's market position. Continue Reading: Ethereum Soars Past $4,700, Driven by Strategic Developments The post Ethereum Soars Past $4,700, Driven by Strategic Developments appeared first on COINTURK NEWS .

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