Author Archive for Umer

About Umer

Is Qatar or Saudi Arabia Secretly Accumulating Bitcoin?

David Bailey reveals a top-five Bitcoin holder is likely a nation, sparking speculation about Qatar or Saudi Arabia. Nations are increasingly adding Bitcoin to reserves, shifting from pilot mining projects to large-scale investments. David Bailey, CEO of Bitcoin Magazine and a prominent figure in Trump’s cryptocurrency campaign, revealed that a... read more →

Major BTC Target: Analyst Points to $155,599 in Next Cycle

Alan Santana predicts Bitcoin could hit $155,599 by May 2025, based on Fibonacci levels and strong market momentum. The current bull cycle may drive altcoin gains, with some expected to surge up to 100x, per Santana’s prediction. Bitcoin’s rapid increase in recent days has sparked interest throughout the financial and... read more →

Standard Chartered Predicts ETH at $10K and Bitcoin at $200K in Trump Era

Standard Chartered predicts Ethereum (ETH) could hit $10K and Bitcoin (BTC) could reach $200K under a Trump-led administration, fueled by crypto-friendly policies and regulatory changes. Standard Chartered forecasts a fourfold increase in the total crypto market cap by 2026, potentially reaching $10 trillion, driven by institutional participation and regulatory shifts.... read more →

BitFuFu Faces Rising Bitcoin Mining Costs and Falling Output

BitFuFu’s Bitcoin mining costs increased significantly in Q3, impacting production levels and profitability. The new Ethiopia facility aims to boost BitFuFu’s capacity, offsetting operational challenges in Bitcoin mining. BitFuFu Inc., a cloud mining company funded by Bitmain, has encountered severe hurdles in its Bitcoin mining activities, as detailed in its... read more →

Donald Trump Wins US Election; Will Bitcoin Hit $100K?

Donald Trump has won this year’s presidential election, overcoming Democratic leader Kamala Harris, a result that aligns with market expectations. After Trump’s victory, Bitcoin’s price surged by 9.6% to a record high of $75,198 while Ethereum followed with an increase of 8%. Bitcoin, the world’s first cryptocurrency hit a new... read more →
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