December 26, 2023
Tim Draper Predicts Bitcoin Price Will Reach $250,000
Draper, known for his success in Bitcoin investments also revisited a past Bitcoin projection he made. He stated that he had foreseen Bitcoin reaching $10,000 in three years and true to his foresight, the cryptocurrency achieved the milestone.
“I would say that my number $250,000 will probably come pretty soon, so I’ll stick with $250,000. I think that if it hits $250,000, it’ll go way past it,” Draper stated.
Whale is moving trillions of SHIB tokens. Should I be worried?
A recent report revealed that a Shiba Inu whale has moved about 4 trillion SHIB tokens to an unidentified wallet. The whale activity came amidst the crypto asset’s price decline in tandem with the decline in the SHIB burn rate.
Bitcoin hash rate hits new peak, but profitability tumbles
Despite BTC reaching all-time high rate for its hash rates, the profitability remains uncertain.