As an experienced financial analyst, I find Samson Mow’s prediction on Bitcoin’s price trajectory intriguing. Based on his previous bold predictions and the current market trends, it is plausible that Bitcoin could surpass its all-time high and reach new heights. However, I remain cautiously optimistic about the $100,000 target since the crypto market is inherently volatile and unpredictable.
U.Today compiles the most significant crypto news from the previous 24 hours for your perusal. Keep informed about the latest happenings in the digital currency sector!
Here’s when Bitcoin will hit $100,000, according to Samson Mow
In a recent post on X, Samson Mow, CEO of Jan3 famously known for his prediction of “$1 million per Bitcoin,” shared his insights on when Bitcoin might reach the $100,000 mark. According to Mow, Bitcoin must first surpass its previous record-high price before experiencing a significant demand surge that propels it to $100,000. It’s important to note that Bitcoin reached a value above $73,000 in March of this year, while currently trading at around $71,363, representing a 0.67% increase over the past day, according to CoinMarketCap information.
Ripple scores major partnership in Europe
In a noteworthy move, Ripple, the fintech giant, has sealed a deal with Clear Junction, a UK payment firm. As per the press release, Clear Junction is set to provide instant and secure payouts in GBP and EUR for Ripple’s clients. Cassie Craddock, Ripple’s managing director, expressed her delight, stating that Clear Junction aligns well with the company due to its capability to support all of Ripple’s current applications. “We are thrilled to welcome Clear Junction into our network and view this as just the beginning of our collaboration,” she added.
Shiba Inu‘s Shibarium skyrockets 3,436% in new accounts in 24 hours
Based on the most recent information from Shibariumscan, Shibarium, the layer-2 solution for Shiba Inu, experienced a remarkable increase in new user accounts within a day; as depicted in the graph, the number of new accounts jumped from 30 on June 3 to 1,031 on June 4. This equates to a staggering growth of 3,436% within a 24-hour timeframe. Amidst ongoing worries about Shibarium’s decreased activity and interest, this positive development has promptly reversed the negative sentiment. Simultaneously, there was also a noticeable uptick in transaction volume on the network. The transaction volume rose from 4,751 to 8,527, representing an impressive 80% increase during the same timeframe.
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2024-06-06 19:23