- Midas Crypto
- Posts
- 🌙 Bitcoin Soaring to $114,000 in 2025
🌙 Bitcoin Soaring to $114,000 in 2025
Pantera Capital has joined a growing number of finance professionals this year, forecasting a heady price for Bitcoin now that the halving is over.
Mike Gavela
May 09, 2024
Crypto Roundup - May 9
In the world of cryptocurrency, Pantera Capital predicts Bitcoin will soar to $114,000 by August 2025, according to a stock-to-flow model. In other regulatory news, Consensys, the company that created MetaMask, is being sued by the SEC for allegedly violating securities laws (article 2). Lastly, Binance, a cryptocurrency exchange, is in a dispute with Nigerian officials over allegations of bribery and money laundering (article 3).
Top Stories:
Pantera Capital Predicts Bitcoin Price to Reach $114,000 by August 2025: Pantera Capital, a cryptocurrency investment firm, predicts Bitcoin's price will reach $114,000 by August 2025 based on a stock-to-flow model.
SEC Sues Consensys, Creator of MetaMask, for Alleged Securities Law Violations: The SEC is suing Consensys, the company that created MetaMask, for allegedly violating securities laws. The SEC believes MetaMask acts as a broker-dealer, but Consensys disagrees.
Binance Denies Bribery Allegations from Nigerian Officials: Binance, a cryptocurrency exchange, is in a dispute with Nigerian officials over allegations of bribery and money laundering. Binance denies wrongdoing and accuses Nigerian officials of soliciting a bribe.
TOP STORIES
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/dlnews/VDLK6O74NRCZHCZEFESJ63QY54.jpg)
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/dlnews/LODRCXFKANGK5CEQG3MOAE6OBA.jpg)
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/dlnews/FRZ7WVYOIFCT5NQXUJ3ROHVYCU.png)
FUNDRAISES
Arch is proud to be building and innovating in the Bitcoin ecosystem, alongside some of the industry's top funds and strategic partners.
Announcing the closing of our seed round led by @multicoincap, hear what they have to say about us:
"Arch Network's emergence is a direct… twitter.com/i/web/status/1…
— Arch Network (@ArchNtwrk)
4:24 PM • May 9, 2024
We are excited to announce Arcium’s $5.5M strategic funding round led by @greenfield_cap with participation from @cbventures, @HeartcoreCap, @LongHashVC and more, bringing our total capital raised to $9M.
Read the full announcement here:
— Arcium (@ArciumHQ)
1:13 PM • May 9, 2024
Solana-based tokenization platform AgriDex raises $5 million, plans token airdrop theblock.co/post/293510/so…
— The Block (@TheBlock__)
2:00 PM • May 9, 2024
OTHER HEADLINES
CRYPTO TWITTER (X)
🚨UPDATE: In a bizarre twist of events the hacker responsible for the $68M Wrapped Bitcoin (WBTC) phishing attack on Ethereum sent 51 ETH and a message to the victim asking for his Telegram information to begin communication. The hacker is likely doxxed and wants a way out.
— Autism Capital 🧩 (@AutismCapital)
6:42 PM • May 9, 2024
Earlier this year I mentioned I was looking to invest behind the growing activity in the Bitcoin ecosystem. @ArchNtwrk is my second investment and here’s a pod w the team going into why I’m excited to back them:
— Santiago R Santos | #9159 (@santiagoroel)
4:48 PM • May 9, 2024
some highlights from the prison chat with SBF:
"These days, Sam looks considerably thinner than the last time we met—it appeared he’d lost 25 pounds, at least."
"He was sustaining himself on rice and beans, he said, because the prison food was unsurprisingly inedible,… twitter.com/i/web/status/1…
— ekin (@eking0x)
11:26 PM • May 9, 2024
SHARE!
Love our newsletter? Share it with your friends, family, colleagues, interns who need to stay on top of the crypto markets! Join over 85,000 investors and crypto degenerates who read Midas Crypto daily!