Max Keiser Predicts Bitcoin Price Could Reach $400,000
The Bitcoin network hit a record high mining hash rate of 544 exahashes per second on Dec. 25, indicating a significant increase in BTC’s price trajectory, which has surged by 163% since the beginning of the year. This has led renowned Bitcoin evangelist Max Keiser to suggest that the implied hash-adjusted price for BTC could surpass $400,000, sparking speculation about potential price models and putting pressure on miners facing a dip in profitability due to elevated operational costs.
Justin Sun Withdraws $13.8 Million ETH From Binance, Sparking Concerns
Tron founder Justin Sun recently withdrew a substantial amount of Ethereum from Binance, raising speculation and concerns within the crypto community. The transaction, totaling 6,166 ETH worth approximately $13.8 million, has left many questioning the motives behind this significant withdrawal. Sun’s withdrawal of SHIB tokens from Binance has added to the intrigue surrounding his recent crypto activities, prompting close scrutiny of his actions and statements to shed light on the reasons behind these noteworthy transactions.
Elon Musk’s Cryptic Post Sparks Enthusiasm Among SHIB, XRP, and DOGE Communities
Elon Musk’s cryptic social media post, featuring the logo of the X platform and the message “X is a prime, with 1800 digits,” has stirred excitement and curiosity within various cryptocurrency communities. Despite attempts by XRP, SHIB, and DOGE enthusiasts to decipher the hidden meaning behind Musk’s message, the billionaire remains indifferent and unresponsive, showing no interest in altcoins despite the fervent attention from crypto enthusiasts.
This article was originally published on U.Today
