CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (2024)

FAQs

Which crypto will boom in 2024? ›

Pal believes that Bitcoin could go as high as $1 million by 2025. As of now, $1,000 is worth around 0.0155 BTC. If BTC were to go to $1 million, 0.0155 Bitcoin would be worth $15,500. This would mark a return of 1,450%.

Ether "looks like the cryptocurrency with the highest real use potential," argues a new Goldman Sachs analysis, which predicts that ETH's value could eventually overtake BTC's. Ethereum's advantages include the ability to run applications like DeFi protocols.

Mega Dice Token (DICE) Rounding off our list of new cryptos that could explode this week is Mega Dice Token (DICE) Mega Dice Token aims to combine the thrills of a top-tier crypto casino with the rewards of a blockchain gaming ecosystem.

Solana – Undervalued Web 3 Infrastructure With High Scalability and Low Fees. Solana is also a cryptocurrency with the highest potential. Launched in 2020, Solana has developed blockchain infrastructure for the Web 3 era. Solana's native language, Rust, enables developers to build decentralized applications.

Bitcoin (CRYPTO: BTC) has been on a fantastic run over the past year and a half -- it's now up by 299% since the start of 2023. That growth has slowed a bit, as the price of the crypto is down 6% from its all-time high that was reached in March.

Based on our long-term Bitcoin Coin price forecast, we anticipated that prices could reach a new all-time high this year. By 2040, the maximum price of the BTC Coin is projected to be around $5,69,240.60. Our average price forecast for Bitcoin is $5,57,632.74 in 2040.

Ark's research suggests the cryptocurrency could soar 2,115% to almost $1.5 million by 2030 -- but Wood herself came out with an even more bullish estimate recently, saying Bitcoin could rocket 5,453% to $3.8 million.

Who owns the most Bitcoin? ›

According to the Bitcoin research and analysis firm River Intelligence, Satoshi Nakamoto, the anonymous creator behind Bitcoin, is listed as the top BTC holder as of 2024. The company notes that Satoshi Nakamoto holds about 1.1m BTC tokens in about 22,000 different addresses.

Bitcoin is more stable than it's been in years, and the next halving is fast approaching. Taking current market conditions into account, now might well be the perfect time to invest, so long as you remain cognizant of the risks.

Can ethereum reach $50,000? Ethereum prices could surpass $50,000 by 2030 in a best-case scenario, according to VanEck.

Which crypto will boom in 2024? Cryptos that could boom in 2024 include SingularityNET and Fetch.ai, both of which may capitalize on AI's popularity. Bitcoin is another crypto that could be poised for a strong performance in 2024, thanks to the SEC's approval of Bitcoin ETFs.

Conclusion: A Bullish Future with Ethereum (ETH) at the Helm

As predictions of Ethereum (ETH) reaching $10,000 captivate the crypto community, the landscape is ripe with opportunities for both seasoned investors and newcomers.

Binance Coin (BNB)

Performance trends indicate steadiness, boasting stability and resilience in a volatile market. With the continuous expansion of Binance's services and the increased adoption of BNB in global transactions, this coin presents itself as a strong contender for growth by 2025.

Shiba Inu Price Prediction teases the SHIB token price could reach a maximum of $0.00002026 by the end of 2024. Shiba Inu price, with a potential surge, could go as high as $0.000195 by the end of 2030.

Bitcoin (BTC)

Bitcoin is the first and largest cryptocurrency by market capitalization and has been in the market since 2009. In the last year, Bitcoin delivered a 500% return, making it a highly profitable investment.