Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say

Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency SayBank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may break the 2021 record. This year’s high numbers are coming after 2022 became the worst annual period in seven years for the sanctioned Russian banking sector in terms of financial outcome. Banks in Russian Federation Headed for […]

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Silver Proponent Predicts Medium-to-Long-Term Prices of $125 Per Ounce Thanks to Auto Industry

Silver prices have been hovering just below the $21 per troy ounce mark over the last 24 hours, after jumping above the $24 range in mid-January. While long-term and modest forecasts expect silver to hit $30 by 2025 and $40 by 2027, Keith Neumeyer, CEO of First Majestic Silver, thinks medium to long-term, silver could […]

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Bitcoin Price Outlook for February

February has been a rollercoaster ride for cryptocurrency traders, with market volatility leading to high levels of price uncertainty. Following a strong start to the month, bitcoin prices have since plunged, resulting in a current bear run. However, with just over two weeks left of this short month, what else could be in store for […]

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Tim Draper Extends BTC Price Prediction by 6 Months — ‘By Mid-2023, I’m Expecting to See Bitcoin Hit $250K’

Tim Draper Extends BTC Price Prediction by 6 Months — 'By Mid-2023, I’m Expecting to See Bitcoin Hit $250K'The American venture capitalist and founder of Draper Fisher Jurvetson (DFJ), Tim Draper, is still confident his bitcoin prediction that says the crypto asset will tap $250K per unit. Draper said in April 2018, at the Draper University blockchain party, that he predicted: “$250K by 2022.” At this year’s Web Summit 2022 event, Draper said […]

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Plan B Says Bitcoin Price Still ‘on Track Towards $100K’ Despite Missing November’s Price Prediction

This month, the price of bitcoin sank below the $60K zone this month after reaching an all-time high (ATH) at $69K per unit. The pseudonymous bitcoin analyst and the creator of the bitcoin price model called stock-to-flow (S2F), Plan B, called the last three months of bitcoin prices correctly but the analyst’s “worst-case scenario” forecast […]

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Crypto Economy Hovers Below $3T: Analyst Says First Bear Marker ‘Would Be a Capitalization Drop Under $2.38T’

Crypto Economy Hovers Below $3T: Analyst Says First Bear Marker 'Would Be a Capitalization Drop Under $2.38T'The crypto asset economy has been down in value over the last week as a great number of digital currencies shed significant amounts. The entire crypto-economy is down under the $3 trillion mark, hovering around $2.7 trillion across 10,970 cryptocurrencies. Bitcoin dominance is just above the 40% region while ethereum’s market commands 18.4% of the […]

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As Bitcoin Soared Past $68K, Plan B Says Floor Model Shows BTC Reaching ‘$100K This Year’

As Bitcoin Soared Past $68K, Plan B Says Floor Model Shows BTC Reaching '$100K This Year'On November 8, 2021, the price of bitcoin reached an all-time high of $68,564 per unit at 10:57 p.m. (ET) on Monday evening. Meanwhile, Plan B, the creator of the bitcoin price model called stock-to-flow (S2F), has correctly predicted the last three months of bitcoin prices and recently said that based on the floor model […]

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