- Benzinga Future Finance
- Posts
- 🔼 Here's Why BTC Is Pumping
🔼 Here's Why BTC Is Pumping
Back above $100K: here's what caused the reversal
Ivan
December 11, 2024
You're receiving this email because you're subscribed to Future Finance from Benzinga. To manage your subscription, click the link at the bottom of this email.
Gm and Happy Wednesday!
Bitcoin is pumping and has recovered from its brief two-day dip with strength. We’re back above $100K and here’s what 63% of Benzinga readers think will happen next.
Goldman Sachs to enter the crypto game? It might happen under one condition —
Plus, the NSA has issued a chilling warning about China getting its hands on a “quantum computer” … If this doomsday scenario happens, all secrets will be exposed and nothing connected to the internet will be safe from the Communists. But one little-known tech company has developed a solution to stop them in their tracks … and there’s still time for investors to get on board.
TOP STORY
Yesterday it was all doom and gloom at $95K.
Today it’s all fireworks at $100K.
It’s so over and we’re so back — all in the space of 24 hours.
So is Bitcoin going to hit $85K or $105K next?
Benzinga readers have answered the questions and there was a clear majority for one option…
The NSA has issued a chilling warning about China getting its hands on a “quantum computer” … If this doomsday scenario happens, all secrets will be exposed and nothing connected to the internet will be safe from the Communists. But one little-known tech company has developed a solution to stop them in their tracks … and there’s still time for investors to get on board.
QUICK N DIRTY
Microstrategy could surge as much as 59% if the stock gets listed on the Nasdaq, according to Bernstein. Here’s the price the asset manager is targeting.
Bitcoin to $200K. Ethereum to $7K. Solana to $750. Sounds good as price targets for 2025? Bitwise thinks that’s where crypto is headed in the next 12 months.
Ray Dalio says in times of high debt burdens, he is investing in hard money. Meaning gold and, surprise surprise, Bitcoin.
FINTECH FOCUS
Goldman CEO David Solomon says his company might be open to crypto market making if regulations become clearer.
Goldman Sachs would just be the latest in a series of big banks and asset managers that changes its mind on crypto.
But there is one specific condition Solomon pointed out that would need to be fulfilled for Goldman to dip its toes into the crypto game…
BEFORE YOU GO
Were you forwarded this email? Click here to subscribe.
And be sure to check out our other newsletters:
Ring The Bell: Created for market enthusiasts by market enthusiasts, this twice-daily newsletter delivers top stories, fast movers, and hot trade ideas straight to your inbox. Subscribe here.
Cannabis Daily: A must-read daily briefing for cannabis investors, operators, and enthusiasts. Join our list of industry veterans to jump start your morning. Subscribe here.
Real Estate Weekly: Where we highlight the movers and the losers, the upgrades and the downgrades, the top stories and opportunities in the trillion dollar REIT and real asset industry. Subscribe here.
Advisor: Tailor-made for Financial Advisors, this weekly newsletter has industry-specific insights, analysis, and news. Subscribe here.
Disclaimer: This communication from Benzinga is for informational purposes only. It is not intended to serve as a recommendation to buy, sell, or hold any security and is not an offer or sale of a security. Information contained within should not be perceived as a research report and is not intended to serve as the basis for any investment decision. Any third-party views reflected herein do not reflect the opinion of Benzinga. All investments involve risk and the past performance of a security does not guarantee future results or returns. There is always the potential for financial loss when investing in securities or other financial products. Investors should consider their investment objectives and risks before investing. Benzinga is reader-supported. When you buy through links on our site, we may earn an affiliate commission. Benzinga may receive monetary compensation from the issuer, or its agency, for publicizing the offering of the issuer’s securities. This content is for informational purposes only and is not intended to be investing advice. This is a paid ad. Please see 17b disclosure linked in the campaign page for more information.