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Alternative Banking System

All articles tagged with #alternative banking system

cryptocurrency2 years ago

Bitcoin's Price Target Alert Amidst Banking Intervention and Fed Injection.

Analyst DonAlt, who accurately predicted Bitcoin's bottom at $16,000, has updated his fellow traders that he is no longer looking to sell any BTC at his initial target of $35,000. He believes that the global recognition of Bitcoin as an alternative to the banking system is so new and powerful that he's nowhere near ready to sell. DonAlt thinks that bearish analysts who have remained focused on the macro economy will continue to look lost on the sidelines. He believes that BTC could climb to $100,000 this cycle.

finance2 years ago

Bitcoin Surges in 2023, Outpacing Traditional Banking and Investments.

Bitcoin has surged by 60% this year as investors rediscover its appeal as an alternative banking system. The cryptocurrency has been gaining traction as a hedge against inflation and a store of value, with major companies such as Tesla and Square investing in it. The market growth of Bitcoin has also been attributed to the increasing adoption of digital currencies and the growing interest of institutional investors.