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In today's program, Blockstream co founder and CEO Adam Back joined the program to share his insights on the current macroeconomic environment, the future of Bitcoin, and industry dynamics.compereMichael, BlockworksMacroSpeaker: AdamBack, Blockstream Co creation& CEOOriginal TitleThe PathTo $100000 Bitcoin | AdamBackair date November 8thThe Impact of Macro Environment on Special CoinsAdam mentioned the geopolitical and macroeconomic factors that contribute to global financial chaos, such as COVID-19, currency printing, supply chain disruptions, and political conflicts

With the renewed action of cryptocurrency buyers, the price of Bitcoin has exceeded the $36000 mark and has increased by 123% so far this year. Various catalysts are supporting the sustained rise in Bitcoin prices and driving a bullish recovery in the coming months

Hello everyone, I am Wu Kong's Xiaowo. I am glad everyone can read this article

Why do I believe that in the next bull market, Bitcoin will reach $100000 to $200000 and ETH will reach $16000 to $34000.1/In the encryption industry, history often repeats itself

The richest people on the China Rich List mostly come from the real estate and internet industries, which have always been popular choices for getting rich. However, there is another industry that has emerged and rapidly emerged in recent years, bringing huge wealth growth opportunities to people, which is virtual currency

[Ideal Response L9 Delayed Delivery]With regard to the delayed delivery of Li Auto L9, the customer service personnel of Li Auto said that the delivery of Ideal L9 was delayed due to the power shortage in Sichuan and the delayed supply of Ideal Car's Range extender factory in Mianyang, Sichuan. (Zhongxin Jingwei)Bitcoin fell below $20000, with 100000 people selling out 2

Standard Chartered Bank predicts that Bitcoin will rise to $100000 next year after the winter. Geoff Kendrick, head of digital assets at Standard Chartered Bank, stated in his latest report that Bitcoin may benefit from recent market developments

Edited by: Bi LumingSince the beginning of this year, the coin industry has been buzzing with thunder, continuously staging a super storm.On August 27th, the price of Bitcoin plummeted sharply, dropping nearly $900 during the day, reaching a low of $19931, the highest point since April 14th at $64900 this year, a drop of over 69% and a new low since July 14th

According to the latest data from Bitinfocharts, the active addresses of Dogcoin (DOGE) exceeded 100000 levels for the first time in 2023. Specifically, since August 2022, 9 months ago, this number has never reached a similar level

Recently, with the price of Bitcoin exceeding $31000, the cryptocurrency market has been fully activated.According to market data, driven by the positive upgrade of Ethereum in Shanghai, Bitcoin rose to $31043 on April 14th, with Ethereum reaching a maximum of $2157.However, since then, the market has entered a significant downward trend. As of writing, the price of Bitcoin is $27475 and the price of Ethereum is $1842, and the market is still in a clear downward trend.Although the current market trend is in a downward trend,However, this round of rise still laid the foundation for cryptocurrencies to completely break free from the bear market cycle and provided optimism for subsequent market developments.At present, it is widely believed in the market that the cryptocurrency bull market has gradually started, especially with only one year left for Bitcoin's fourth halving and the traditional financial market facing a recession. Two major positive factors will drive the bull market to arrive early: 1、 According to the halving of Bitcoin and the bull market pattern, cryptocurrencies will usher in a new bull market next year.The halving cycle of Bitcoin is four years. The last halving occurred on May 12, 2020, and it is expected that the next halving may occur between March 2024 and June 2024. 2、 Traditional financial markets may face recession, providing a broader basis and logic for cryptocurrencies to rise.Federal Reserve policymakers expected a mild recession later this year at their March meeting, followed by a recovery in the next two years. This is the first time since 2020 that the Federal Reserve has publicly stated its expectation of a recession.The leading indicator index of the World Federation of Large Enterprises also shows that an economic recession is approaching.Justyna Zabinska LaMonica, senior manager of business cycle indicators, a think-tank, said that it was expected that the economic weakness would intensify and expand in the coming months, leading to a recession from the middle of 2023.With the view that the bull market has already started, market predictions for Bitcoin prices next year are also emerging one after another. According to market information, there are currently three main types of market predictions for Bitcoin prices: 1、 Bloomberg analysts predict that Bitcoin prices will reach $50000 in April next year.Bloomberg industry research analyst Jamie Douglas Coutts said that based on previous cycles,The upcoming halving of Bitcoin is currently reflected in approximately 50% of market quotes。 Coutts prediction,By April 2024, Bitcoin may reach $50000

Reported by Reference News on April 26thAccording to Reuters London on April 24th, Standard Chartered Bank said on the 24th that by the end of 2024, the price of the top cryptocurrency Bitcoin may reach $100000, marking the end of the so-called "cryptowinter".Jeff Kendrick, Director of Digital Asset Research at Standard Chartered Bank, said in an investment briefing that Bitcoin may benefit from several factors, including the recent banking turmoil, the stabilization of risky assets brought about by the Federal Reserve's end to the rate hike cycle, and the increased profitability of cryptocurrency mining