Analysts have provided various conditions and predictions regarding
Bitcoin's price action. As
cryptocurrency influencers continue to gain traction on social media, some Youtube platforms are stepping up their involvement in the crypto space. For instance,
Rumble, a YouTube rival, recently revealed its first Bitcoin reserve buy and announced an allocation up to $20,000,000 to its Bitcoin treasury strategy. This move was later followed by a significant investment from
Tether. On another note,
Bitwise has launched an ETF consisting of companies holding over 1K Bitcoin.
Fraudulent activities surrounding cryptocurrency continue, including a $232M crypto scheme involving a Korean YouTube star and YouTube's channel hacks promoting XRP scams. Crypto Analyst
Kevin Svenson indicated a decisive moment for Bitcoin while other analysts like
Benjamin Cowen and
Jason Pizzino outlined potential paths, including correction scenarios, for the cryptocurrency. Some claim Bitcoin is primed for a violent move to the upside or entering another parabolic phase. However, these predictions often come with a caveat. Meanwhile, the Supreme Court of India's YouTube channel fell victim to hacking which promoted an XRP scam. Other negative instances on YouTube include fake streams using deepfake technology for crypto giveaway scams. Despite these controversial episodes,
PlanB, a revered Bitcoin analyst, and others are doubling down on Bitcoin's price projection, hinting that its peak lies ahead.
Bitcoin Youtube News Analytics from Fri, 27 Dec 2019 08:00:00 GMT to Tue, 18 Mar 2025 07:05:36 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor 5
