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Showing posts with the label digital currency

Machine learning algorithm sets Dogecoin price for September 30, 2025

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The push to bring memecoins into the mainstream has just gained a lot of momentum, with REX Shares preparing to launch the first U.S.-listed Dogecoin (DOGE) exchange-traded fund (ETF). If approved, the Dogecoin ETF would mark the first time the meme-inspired token receives formal recognition in the American market. Despite extreme volatility, the crypto continues to capture investor attention, thanks in part to its association with Elon Musk, who’s helped amplify the token’s profile over the years. Should a Dogecoin ETF launch, and Bloomberg’s Eric Balchunas believes it could happen as early as next week, it would not only cement the token’s cultural relevance further but also highlight the growing institutional appetite for digital assets beyond Bitcoin (BTC) and Ethereum (ETH). Dogecoin price prediction To set a DOGE price target for September 30, 2025, Finbold’s AI prediction agent used multiple LLMs to generate an average forecast for improved accuracy whil...

ChatGPT-5 sets date when Shiba Inu (SHIB) will hit $0.005

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Shiba Inu (SHIB) may not reach the long-anticipated $0.005 level until the middle of the century, according to projections by OpenAI’s ChatGPT-5. To achieve the target, the meme coin would need to rally over 40,000% from its current price of $0.00001255. SHIB YTD stock price chart. Source: Finbold SHIB’s path to $0.005 The AI model suggested SHIB could only hit the milestone between 2045 and 2050, pointing to structural hurdles that limit near-term upside.  Notably, SHIB’s massive circulating supply remains its greatest challenge. With nearly 589 trillion tokens in existence, the coin’s current burn mechanisms are too small to make a meaningful impact.  While billions of SHIB are burned monthly, analysts argue the pace must rise to trillions annually to impact price. Without deeper cuts, valuations would become unrealistic. The forecast also ties SHIB’s future to ecosystem growth, citing ShibaSwap, Shibarium, and ventures in gaming and the meta...

BTC Price Soars to $121K as El Salvador's Bitcoin Law Takes Hold

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BTC price has actually surged to $121,823 right now, as CoinGecko reveals, and this marks a solid 2.8% gain in the past 24 hours as El Salvador’s Bitcoin banking law creates some serious momentum. The BTC price now demonstrates accelerated institutional confidence, and Bitcoin El Salvador initiatives have leveraged multiple essential regulatory frameworks toward what could be a new Bitcoin all time high. This latest Bitcoin news emerges at a time when numerous significant BTC price prediction models are pioneering upward trajectories. Source: CoinGecko Also Read: Parataxis Raises $640M in SPAC Merger to Power Bitcoin Treasury BTC Price Now and Bitcoin El Salvador Drive Surge Near All Time High Source: BitCoinist El Salvador’s Banking Law Actually Fuels BTC Price Rally El Salvador’s Investment Banking Law has been implemented through several key regulatory initiatives, and it establishes comprehensive frameworks that permit regulated banks to integrate Bitcoin along wit...

Analyst sets date when XRP will hit $8.5

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With XRP hitting a new all-time high, an analyst now projects the asset could reach $8.50 in the coming months, citing a strong technical setup. Notably, as per the outlook, XRP’s current price action mirrors its 2017 bull run. In this case, from January to July 2025, XRP has traded within a symmetrical triangle before recently breaking out to the upside, a move that often signals the start of a parabolic rally, according to Analysis by TradingShot in a July 17 post on TradingView. XRP price analysis chart. Source: TradingView This breakout coincides with an impending golden cross, where the 50-day moving average (MA) is set to cross above the 200-day moving average, a historically bullish indicator. TradingShot noted that the setup is nearly identical to XRP’s 2017 cycle, where a falling wedge, a sharp rally, a triangle consolidation, and a final surge that peaked near the 1.5 Fibonacci extension.  At the same time, the relative strength inde...

Bank of England's CBDC Plan: Will Banks Survive?

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The Bank of England CBDC plan threatens traditional banks. According to Governor Andrew Bailey, banks must modernize or risk failure. This digital currency push creates new challenges for the UK banking sector. Innovation will determine which banks will survive. Many banks are already closing branches, showing the start of major changes in banking. Also Read: Ripple (XRP) & Solana (SOL) Price Forecast For November 2024 Exploring the Impact of the Bank of England’s CBDC on Traditional Banks Survival Through Innovation or Extinction Bailey’s message at the Group of Thirty’s Annual International Banking Seminar was clear: “If for some reason innovation is unlikely to happen, then the central banks have to decide whether they are the only game in town.” Banks must update their systems or lose business to the central bank. Research shows banks could lose 20% of their revenue when Bank of England’s CBDC launches. Small banks face the highest risk of failure. Ban...