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PlanB: Still Believes Bitcoin Will Reach $500,000 by 2028

2 hours ago

On November 23rd, the renowned analyst PlanB stated, "Since 2019, my perspective has remained unchanged. In 2019, Bitcoin's market capitalization was $100 billion (with the Bitcoin price being around $5,000). The chart indicates that during the 2020 - 2024 halving cycle, Bitcoin's market cap will increase to $1 trillion (with the Bitcoin price being around $50,000). The chart also shows that by 2028, Bitcoin's market cap will reach $10 trillion (with the Bitcoin price being around $500,000), and this is still my view."
Relevant content

Analyst: Bitcoin RSI Enters Oversold Zone, Similar Scenarios in the Past Saw Rapid Reversals

On November 23rd, cryptocurrency analyst @ali_charts put out that the Relative Strength Index (RSI) of Bitcoin has entered the extremely oversold zone. In the previous two similar situations, the market witnessed a rapid rebound.

9 minutes ago

A whale went long with 2x leverage on 1425 ETH, with a position value of $4 million.

On November 23rd, as monitored by Onchain Lens, a whale deposited 2 million USDC into HyperLiquid and initiated a 2x leveraged long position in ETH. Currently, the position is valued at $4 million, holding 1,425 ETH, and there is a limit sell order set to close at a price of $2,980.

9 minutes ago

Coinbase: MON Token Distribution Coming Soon

On November 23rd, Coinbase announced the accomplishment of the MON public sale, having raised $269 million with an oversubscription of 1.43 times. 85,800 users from over 70 countries participated in the public sale, and the distribution of MON tokens is about to commence.

9 minutes ago

Uniswap Community Proposes "Uniswap Launch Fee Switch" Sanity Check Proposal

On November 23rd, based on the information on the official website, the Uniswap community has reached a 100% quorum on the "Uniswap Governance Proposal Threshold Check for Uniswap Fee Switch Activation" proposal. After this proposal was passed, a full on-chain vote will be carried out.

9 minutes ago

Polymarket forecasts a 32% chance of "Bitcoin Dropping Below $80,000 in November"

On November 23rd, on Polymarket, the probability that "Bitcoin will fall below $80,000 in November" is currently indicated at 32%, and the probability that it will fall below $75,000 is reported at 12%.

9 minutes ago

Binance: The Kyuzo's Friends (KO) airdrop event system encountered an error. Affected users will receive a full refund of Alpha Points.

On November 23rd, Binance announced that due to a problem with the airdrop system, the Kyuzo's Friends (KO) airdrop event did not successfully distribute tokens. As a result, affected users wrongly saw a "claimed" status. The Binance Alpha platform will fully refund Alpha Points to all affected users. This distribution will not involve any deductions, and affected users do not need to take any further actions.

9 minutes ago