Following Bitcoin’s (BTC) remarkable run, from the approval of spot BTC ETFs and the digital asset hitting $72,000—a new peak—it is difficult not to be bullish. On the long list of top players optimistic about Bitcoin’s potential, Galaxy Digital CEO Mike Novogratz recently reiterated his bullish stance.
In a recent interview with Fox Business, Novogratz— buzzing with confidence—predicted the flagship crypto would skyrocket to $100,000 by the end of the year. One of the reasons cited by him was the active participation of baby boomers in the Bitcoin market. With the introduction of spot Bitcoin ETFs, investing in BTC couldn’t be any easier, contributing immensely to its ascent.
Meanwhile, in the meme scene, Shiba Inu (SHIB), one of the top altcoins, continues its upward charge, stirring up quite a buzz. At the same time, InQubeta (QUBE), an emerging AI altcoin, has emerged as the star of the ICO show, recently blasting past $11.6 million in presale.
InQubeta (QUBE): An Impressive Fundraising Event – Over $11.6 Million Raised
InQubeta (QUBE) is one of the most promising altcoins in the crypto space, evident in its impressive presale performance. It is gearing up to skyrocket after its market debut and is currently in the eighth stage of its presale. A token costs only $0.0245, with analysts predicting a 55x uptick after its launch—a recommended presale by all accounts.
In addition to its astounding growth potential as an emerging crypto, this top ICO also boasts solid fundamentals. It aims to reshape the burgeoning AI sector, especially access to the market and the fundraising landscape.
Navigating uncharted waters, it will build the first crypto-based crowdfunding platform for AI tech startups. Of equal importance, its custom-built NFT marketplace will allow investors to become early backers of trailblazing AI ventures regardless of their income.
Bitcoin (BTC): Galaxy Digital CEO Predicts Rise to $100,000 in 2024
Bitcoin (BTC), the flagship crypto, continues its upward charge after surpassing its 2021 all-time high (ATH) this month. It recently touched $72,000, ushering in a fresh wave of optimism, confidence and a buying spree.
Galaxy Digital CEO Mike Novogratz is among the top players bullish about its potential. In a recent interview with FOX Business, he expects BTC to reach $100,000 by the end of the year, positioning the leading digital asset as one of the best coins to invest in.
Backing his claim, he cited the increasing participation of baby boomers in the BTC market as one of the factors driving Bitcoin’s price upward. This generation holds staggering wealth, estimated at around $48 trillion in liquid assets and even more in total wealth, $95 trillion.
The approval of spot Bitcoin ETFs in January made it easier for institutional investors to gain exposure to BTC, as it is a familiar investment vehicle. Hence, with institutions attracted to the new kid on Wall Street, Novogratz suggested Bitcoin is currently in a phase of price discovery.
Further, he pointed to broader macroeconomics as another factor contributing to Bitcoin’s ascent. He mentioned interest rate cuts and highlighted fears about a looming banking crisis and the uncertainty surrounding the upcoming US presidential election and fiscal policies. The combination of these will further propel the price of BTC, making it one of the best cryptos to buy now.
Shiba Inu (SHIB): Persisting Upward Charge
Shiba Inu (SHIB) is without a doubt the leading memecoin on the Ethereum blockchain. It launched in 2020, creating several rags-to-riches stories as early holders saw generational wealth. Despite the rise of new meme narratives and tokens, like those on Solana (BONK and WIF), it has stayed in the spotlight.
Its remarkable performance this month caught the attention of many. Remarkably, Shiba Inu isn’t a pump and dump coin, with its momentum persisting.
Aiming to create a new all-time high (ATH), Shiba Inu is among the best meme coins to invest in. To avoid missing out or FOMOing later on, we suggest adding SHIB to your portfolio now.
Conclusion
Mike Novogratz, Galaxy Digital CEO, predicts Bitcoin’s climb to $100,000 before the end of 2024, highlighting soaring institutional demand and macroeconomics. Meanwhile, Shiba Inu’s impressive rally continues, while InQubeta is preparing to explode after its launch. You can participate in this ICO via the link below.
Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.