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Cathie Wood Trims Her 2030 Bitcoin Price Prediction To $1.2 Million â Hereâs Why
Amid this weekâs crypto market correction, Ark Investâs CEO and CIO, Catie Wood, has slashed her 2030 bullish forecast for Bitcoin (BTC), highlighting the global momentum of the stablecoin sector. Related Reading: Web3 Verifiable Settlement Protocol To Bring âInternet-Speedâ Payments With New Upgrade Stablecoins Overtake Part Of BTCâs Role On Thursday, Ark Investâs CEO, Cathie Wood, joined CNBCâs âSquawk Boxâ to discuss Bitcoinâs price, her thoughts on stablecoinsâ growth, and how her previous bullish forecast for the flagship crypto has evolved over the past year. In the interview, Wood underscored that the rapid rise of stablecoins is taking on a role she thought BTC would handle, leading to a 20% reduction of her $1.5 million prediction by 2030. Itâs worth noting that the investment management firm has previously affirmed that the leading cryptocurrency could serve as a store of value and a global settlement system. âStablecoins are usurping part of the role that we thought bitcoin would play,â Wood affirmed on Thursday morning. âGiven whatâs happening to stablecoins, which are serving emerging markets in a way that we thought bitcoin would, I think we could take maybe $300,000 off of that bullish case just for stablecoins.â âEmerging markets are huge in this regard,â she said, adding that âweâre starting to see institutions in the United States focused on new payment rails, with stablecoins at the core. So very interesting movement.â Notably, the sector has seen rapid adoption following the enactment of the GENIUS Act in the US, with other leading jurisdictions, including the UK and South Korea, pushing to establish their own regulatory framework in the coming months. Similarly, multiple leading companies in the traditional payment system are preparing strategic moves into the stablecoin sector. Last week, the global financial services company Western Union announced its plan to launch the US Dollar Payment Token (USDPT) on the Solana blockchain. To Wood, âStablecoins are scaling here much faster than anyone would have expected,â making it a space to watch in the future. Wood Is Still Bullish On Bitcoin Despite recalibrating her 2030 bull case, Ark Investâs CEO emphasized that she remains bullish on Bitcoin, noting that growing institutional adoption will be a powerful driver for long-term value. Currently, the flagship cryptocurrency has declined 20% from its October 6 all-time high (ATH) of $126,000, briefly falling below the $100,000 mark earlier this week. Nonetheless, most market analysts and investors remain bullish on BTCâs long-term performance. Related Reading: Bitcoin Eyes âMoment Of Truthâ As Price Retests $100,000 Support â Is The Rally Over? Wood highlighted that âBitcoin is a global monetary system, it is the lead in a new asset class, and itâs a technology, all wrapped in one.â She added that institutional participation in the sector has only begun, stating, âInstitutions really have just dipped their toes into this space. We have just started, so we have a long way to go.â The CEO closed her observations by affirming that the broader crypto ecosystem is expanding, not contracting. âI think the whole space gets bigger,â she concluded. Featured Image from Unsplash.com, Chart from TradingView.com
As Ethereum Sentiment Turns Bullish, How Will It Impact Maxi Dogeâs $3.9M Presale?
What to Know: Ethereumâs recent drop doesnât overshadow its long-term bullish potential; a rebound could benefit Ethereum-based projects like Maxi Doge. Maxi Dogeâs presale has raised over $3.9 million, with just hours left before a price increase. Strong marketing and staking rewards (78% p.a.) ensure that Maxi Doge has a strong foundation for growth. The sentiment around Ethereum ($ETH) is shifting. While it has faced some volatility in recent days, signs of a potential rebound are emerging. For crypto traders, a bullish Ethereum could have widespread implications, particularly for Ethereum-based tokens. Maxi Doge ($MAXI), which is currently in its presale phase, has raised over $3.9M, reflecting growing interest in the project. With a token price of $0.000267 and less than three days left before its next price increase, the project is gathering momentum. Ethereumâs Volatility and the Potential for a Rebound Ethereumâs market behavior over the past week has been a rollercoaster. Currently trading at around $3,325.60, $ETH has experienced a significant drop from its ATH of $4,953.73 in August. Data from CoinMarketCap shows that Ethereumâs price has dropped about 14% over the past week. Ethereumâs rebound near $3,500 yesterday sparked bullishness among traders. But crypto research firm Santiment added that the true buy signal could be when traders âslow their expectations of a quick return to $4K,â and when âbullish sentiment calms down again.â Despite the dip, the long-term prospects of the marketâs second-largest crypto remain bullish. When $ETH does finally make a comeback, it would positively impact tokens built on its network, including Maxi Doge. The reason is that a stronger $ETH price signals overall market confidence, which can translate into increased interest in Ethereum-based projects like Maxi Doge. Maxi Dogeâs Presale Gains Traction, Nears $4M Raised Maxi Doge ($MAXI) has quickly become a notable player in the meme coin market, raising over $3.9M in its presale. With less than three days before the next price increase, investors are clearly feeling the pressure to secure their $MAXI tokens at the current price of $0.000267. đĄ Want to grab $MAXI tokens? Be sure to check out our guide on how to buy Maxi Doge. Overall, Maxi Doge has captured the imagination of more adventurous traders looking for âmax gainzâ touted by the projectâs mascot, Maxi. As Dogeâs distant cousin, Maxi prefers to turn everything on full blast in whatever he does, whether itâs building muscle or boosting returns. The projectâs tokenomics offer a promising outlook for potential investors. Its marketing fund holds a substantial 40% share, suggesting a heavy push to expand its visibility. This aggressive marketing strategy is likely to draw attention, especially with the ongoing hype around the best meme coins in the crypto space. Another key allocation is the 25% designated for the Maxi Fund. According to the projectâs whitepaper, the Maxi Fund will ensure strong project exposure and optimal âpump dynamicsâ, making $MAXI appealing for both traders and long-term investors. Additionally, 15% of the presale funds are allocated to liquidity, ensuring that the token remains accessible and tradable. This liquidity allocation, combined with staking rewards of 78% annual yield, makes Maxi Doge an attractive opportunity for those looking for high returns in the early stages of the project. As the presale progresses, the significant emphasis on marketing, staking rewards, and liquidity can make Maxi Doge a standout in the crowded meme coin space. Ethereum-Based Tokens: Maxi Dogeâs Advantage A rebound in Ethereum could fuel investor interest in projects built on its blockchain, such as Maxi Doge. With its presale nearing completion and impressive tokenomics, Maxi Doge is poised to capture this potential market wave. Maxi Dogeâs utility, particularly its staking rewards and participation in community-driven activities, positions it as an exciting project in the meme coin and Ethereum-based token sectors. As more people flock to Ethereum and ETH-based projects, Maxi Dogeâs marketing-heavy approach could yield significant returns for early investors. Ready to make max gainz? Join the Maxi Doge presale today. Authored by Aaron Walker, NewsBTC â www.newsbtc.com/news/ethereum-potential-rebound-maxi-doge-presale
Cathie Wood Trims Her 2030 Bitcoin Price Prediction To $1.2 Million â Hereâs Why
Amid this weekâs crypto market correction, Ark Investâs CEO and CIO, Catie Wood, has slashed her 2030 bullish forecast for Bitcoin (BTC), highlighting the global momentum of the stablecoin sector. Related Reading: Web3 Verifiable Settlement Protocol To Bring âInternet-Speedâ Payments With New Upgrade Stablecoins Overtake Part Of BTCâs Role On Thursday, Ark Investâs CEO, Cathie Wood, joined CNBCâs âSquawk Boxâ to discuss Bitcoinâs price, her thoughts on stablecoinsâ growth, and how her previous bullish forecast for the flagship crypto has evolved over the past year. In the interview, Wood underscored that the rapid rise of stablecoins is taking on a role she thought BTC would handle, leading to a 20% reduction of her $1.5 million prediction by 2030. Itâs worth noting that the investment management firm has previously affirmed that the leading cryptocurrency could serve as a store of value and a global settlement system. âStablecoins are usurping part of the role that we thought bitcoin would play,â Wood affirmed on Thursday morning. âGiven whatâs happening to stablecoins, which are serving emerging markets in a way that we thought bitcoin would, I think we could take maybe $300,000 off of that bullish case just for stablecoins.â âEmerging markets are huge in this regard,â she said, adding that âweâre starting to see institutions in the United States focused on new payment rails, with stablecoins at the core. So very interesting movement.â Notably, the sector has seen rapid adoption following the enactment of the GENIUS Act in the US, with other leading jurisdictions, including the UK and South Korea, pushing to establish their own regulatory framework in the coming months. Similarly, multiple leading companies in the traditional payment system are preparing strategic moves into the stablecoin sector. Last week, the global financial services company Western Union announced its plan to launch the US Dollar Payment Token (USDPT) on the Solana blockchain. To Wood, âStablecoins are scaling here much faster than anyone would have expected,â making it a space to watch in the future. Wood Is Still Bullish On Bitcoin Despite recalibrating her 2030 bull case, Ark Investâs CEO emphasized that she remains bullish on Bitcoin, noting that growing institutional adoption will be a powerful driver for long-term value. Currently, the flagship cryptocurrency has declined 20% from its October 6 all-time high (ATH) of $126,000, briefly falling below the $100,000 mark earlier this week. Nonetheless, most market analysts and investors remain bullish on BTCâs long-term performance. Related Reading: Bitcoin Eyes âMoment Of Truthâ As Price Retests $100,000 Support â Is The Rally Over? Wood highlighted that âBitcoin is a global monetary system, it is the lead in a new asset class, and itâs a technology, all wrapped in one.â She added that institutional participation in the sector has only begun, stating, âInstitutions really have just dipped their toes into this space. We have just started, so we have a long way to go.â The CEO closed her observations by affirming that the broader crypto ecosystem is expanding, not contracting. âI think the whole space gets bigger,â she concluded. Featured Image from Unsplash.com, Chart from TradingView.com
As Ethereum Sentiment Turns Bullish, How Will It Impact Maxi Dogeâs $3.9M Presale?
What to Know: Ethereumâs recent drop doesnât overshadow its long-term bullish potential; a rebound could benefit Ethereum-based projects like Maxi Doge. Maxi Dogeâs presale has raised over $3.9 million, with just hours left before a price increase. Strong marketing and staking rewards (78% p.a.) ensure that Maxi Doge has a strong foundation for growth. The sentiment around Ethereum ($ETH) is shifting. While it has faced some volatility in recent days, signs of a potential rebound are emerging. For crypto traders, a bullish Ethereum could have widespread implications, particularly for Ethereum-based tokens. Maxi Doge ($MAXI), which is currently in its presale phase, has raised over $3.9M, reflecting growing interest in the project. With a token price of $0.000267 and less than three days left before its next price increase, the project is gathering momentum. Ethereumâs Volatility and the Potential for a Rebound Ethereumâs market behavior over the past week has been a rollercoaster. Currently trading at around $3,325.60, $ETH has experienced a significant drop from its ATH of $4,953.73 in August. Data from CoinMarketCap shows that Ethereumâs price has dropped about 14% over the past week. Ethereumâs rebound near $3,500 yesterday sparked bullishness among traders. But crypto research firm Santiment added that the true buy signal could be when traders âslow their expectations of a quick return to $4K,â and when âbullish sentiment calms down again.â Despite the dip, the long-term prospects of the marketâs second-largest crypto remain bullish. When $ETH does finally make a comeback, it would positively impact tokens built on its network, including Maxi Doge. The reason is that a stronger $ETH price signals overall market confidence, which can translate into increased interest in Ethereum-based projects like Maxi Doge. Maxi Dogeâs Presale Gains Traction, Nears $4M Raised Maxi Doge ($MAXI) has quickly become a notable player in the meme coin market, raising over $3.9M in its presale. With less than three days before the next price increase, investors are clearly feeling the pressure to secure their $MAXI tokens at the current price of $0.000267. đĄ Want to grab $MAXI tokens? Be sure to check out our guide on how to buy Maxi Doge. Overall, Maxi Doge has captured the imagination of more adventurous traders looking for âmax gainzâ touted by the projectâs mascot, Maxi. As Dogeâs distant cousin, Maxi prefers to turn everything on full blast in whatever he does, whether itâs building muscle or boosting returns. The projectâs tokenomics offer a promising outlook for potential investors. Its marketing fund holds a substantial 40% share, suggesting a heavy push to expand its visibility. This aggressive marketing strategy is likely to draw attention, especially with the ongoing hype around the best meme coins in the crypto space. Another key allocation is the 25% designated for the Maxi Fund. According to the projectâs whitepaper, the Maxi Fund will ensure strong project exposure and optimal âpump dynamicsâ, making $MAXI appealing for both traders and long-term investors. Additionally, 15% of the presale funds are allocated to liquidity, ensuring that the token remains accessible and tradable. This liquidity allocation, combined with staking rewards of 78% annual yield, makes Maxi Doge an attractive opportunity for those looking for high returns in the early stages of the project. As the presale progresses, the significant emphasis on marketing, staking rewards, and liquidity can make Maxi Doge a standout in the crowded meme coin space. Ethereum-Based Tokens: Maxi Dogeâs Advantage A rebound in Ethereum could fuel investor interest in projects built on its blockchain, such as Maxi Doge. With its presale nearing completion and impressive tokenomics, Maxi Doge is poised to capture this potential market wave. Maxi Dogeâs utility, particularly its staking rewards and participation in community-driven activities, positions it as an exciting project in the meme coin and Ethereum-based token sectors. As more people flock to Ethereum and ETH-based projects, Maxi Dogeâs marketing-heavy approach could yield significant returns for early investors. Ready to make max gainz? Join the Maxi Doge presale today. Authored by Aaron Walker, NewsBTC â www.newsbtc.com/news/ethereum-potential-rebound-maxi-doge-presale