Pantera Capital predicted bitcoin’s growth to $148,000 after the halving, and Russia has created a blockchain service for cross-border settlements during sanctions – these and other important cryptocurrency market news in our review.
The bitcoin (BTC) exchange rate could reach $35,000 before the halving, scheduled for April 20, 2024, and up to $148,000 after it, according to analysts at venture capital firm Pantera Capital. Cryptocurrency venture capital firm Pantera Capital manages $3.8 billion and launched the first cryptocurrency fund in the U.S. in 2013. “With the majority of bitcoins now in circulation, each successive halving will nearly halve the supply of new BTC. If history repeats itself, bitcoin will rise to $35,000 before the next halving, and to $148,000 afterward,” the company said in a statement.
The bankrupt cryptocurrency exchange FTX plans to sell off, staking and other ways to preserve or increase the value of cryptoassets to which the new managers managed to restore access. Galaxy Digital will help with this, and compensation to affected customers is planned to be paid in dollars, Coindesk reports.
Former U.S. President Donald Trump’s collections of non-fungible tokens (NFTs) rose sharply in value after his interview with U.S. TV host Tucker Carlson, which racked up more than 110 million views hours after it was released, Coindesk reported.