Willy Woo, a renowned analyst, has expressed a bullish stance on Bitcoin and cautioned XRP holders about potential risks. However, in contrast, Woo suggested that Bitcoin’s bear risk might escalate due to fading liquidity behind its price. After Strategy secured 641K Bitcoins, Woo reassured that their treasury is safe from any potential liquidation. An interesting shift was seen in the attitude of traditional financial markets as Metaplanet (3350) started an ADR program to attract U.S-based retail investors. Moreover, Woo gave an optimistic outlook of Bitcoin for early 2024 and also weighed in against the Bitcoin Quantum Threat, encouraging holders to guard their assets. With the unanimous passage of the
WOO token burn proposal, the scarcity debate was ignited further. Woo also made some significant predictions on Bitcoin’s market cap which he expects to reach global GDP levels, and revised the Bitcoin price target to a $140,000-$160,000 range. A noticeable move was seen as WOO Network planned to hold a token burn in February. In other news, there were allegations of a North Korea-related actor accused of theft worth $14M from WOO X, prompting rapid conversion of BTC. However, WOO X continued to expand, introducing George AI to its copy trade app and a Layer 2 Index perpetual in partnership with Wintermute & GMCI. To top it all,
Binance made a $12M investment in the liquidity platform, WOO Network.
WOO Coin News Analytics from Wed, 29 Nov 2017 08:00:00 GMT to Fri, 16 Jan 2026 07:42:12 GMT -
Rating 2
- Innovation 5
- Information 6
- Rumor -1
