BITPRISMIA
Stellar (XLM) surged 16% this week, driven by strong investor interest and its historical ties to XRP, as both projects share roots and target fast, low-cost cross-border payments.
Galaxy Digital CEO Mike Novogratz predicts Bitcoin could reach $1,000,000 per coin and potentially overtake gold's market value, citing favorable policy shifts and institutional inflows.
Pantera Capital CEO Dan Morehead advocates for the U.S. to replace its $600 billion gold reserves with Bitcoin, though no official policy changes have been announced.
Ripple's XRP has shown significant growth with a 414% rally, and analysts predict it could reach $10, supported by bullish indicators and increasing wallet profitability.
Ethereum's price has surged past $4,300, reaching its highest level since late 2021, driven by whale accumulation, institutional inflows, and bullish market sentiment.
Ripple is pursuing a strategy to integrate traditional banking with tokenized payments through a national trust bank charter and a $200 million acquisition of Rail, despite opposition from some banking groups.
Bitcoin's price dropped below $120,000 following comments by the US Treasury Secretary and higher-than-expected PPI inflation data, while the US government confirmed it would not purchase additional Bitcoin.
The article discusses the current state of the cryptocurrency market, focusing on Bitcoin's dominance and the lack of a significant altcoin season, with analysts providing insights into market trends and performance.
Market players are divided on the arrival of an altcoin season, with Ethereum (ETH) showing strong performance and bullish predictions for its future price.
Elon Musk's SpaceX holds over $1 billion in Bitcoin, contributing to Bitcoin's market cap surpassing $4.2 trillion, despite a recent price correction.