Bitcoin Could Hit $112K This Year 🖥️ DOOR CLSK📈 NWL EXPE📉

FlowBank's hand-curated fresh financial news [header_noDither] "Bitcoin Could Hit $112k This Year" - CryptoQuant CEO Bitcoin's price could ascend to $112,000 this year if the present trend of capital inflows from spot exchange-traded funds (ETFs) maintains its momentum, as analyzed by on-chain data firm CryptoQuant. The company's CEO, Ki Young Ju, suggested on the social media platform X that the "worst-case" scenario would see Bitcoin's price stabilizing at a minimum of $55,000, which represents a nearly 15% increase from its current valuation. These forecasts are grounded in the analysis of how these inflows influence Bitcoin's overall market capitalization, coupled with a specific metric ratio that historically helps in evaluating whether Bitcoin's price is in an overvalued or undervalued state. WHAT'S MOVING [Group 1742 (24)-1] [Start Trading](113/cXx8Z04/VWk_-q8NJ1TGW12s5ND5tmB1MW5b9Bvk59q3dnN7vvr0l2-ZVTW6N1vHY6lZ3l4Mm7TCxHllJjW3KzmDv5cRKBsW6yg3tF1Cxj05W8gyTqC2vm8QPW6CwXPn9fSLYtW3cTYdL6lkZw5W2YCqlR8J97mMN52_fCZ5kbNSW4b1TQX68psM-W377-xF3K35W1W4l0N7C70Pmy_W41VxZc1dglmFW2MZbF54gzMNBW65wqvf8Tb-fBW1FGwSv80fvGpVG1qTV2cHGVPN7D4ytFMG6hBVCVqPv6-hx7SW7RDYV38w423MN6vw1Q0sR39RN8-sMfK5S5-FW7wX3p84Q_v6Nf2tVfsH04) [Group 1752 (14)] OpenAI OpenAI CEO Sam Altman is reportedly seeking up to $7 trillion in investments to expand global semiconductor production, addressing AI chip shortages and enhancing AI infrastructure, amidst some past controversies in chip ventures. [Group 3 (22)-2] FTX As Sam Bankman-Fried faces potential life imprisonment for fraud linked to FTX's collapse, there's hope for customers to recover their funds, with lawyers indicating a strategy to fully repay valid claims despite the challenges ahead. [Group 1752 (12)] Amazon Amidst the AI surge led by Microsoft and Alphabet, Amazon is making strides in AI, hinting at its emerging leadership in the field, which could mark its next growth phase, despite past market uncertainties and current economic challenges. WHAT'S COMING UP? EUR: ECB's Lane Speaks USD: FOMC Members Bowman & Kashkari Speak GBP: BoE Gov Bailey Speaks USD: Federal Budget Balance (Jan): Exp. -39.3B v Prev. -129.0B IN OTHER NEWS Wall Street U.S. stock futures remained steady on Monday after the S&P 500 set a new record by surpassing 5,000 on Friday. S&P 500 and Dow Jones futures were unchanged, while Nasdaq 100 futures varied slightly, within 0.1% of their last close. On Friday, the S&P 500 increased by 0.57%, the Nasdaq Composite gained 1.25%, but the Dow Jones fell by 0.14%, dropping 54.46 points. [Group 1769] Europe European markets ended the week with a slight decline on Friday, as investors evaluated recent corporate earnings and economic indicators. The pan-European Stoxx 600 index closed down by 0.08%, marking the second consecutive week of minimal fluctuations. Despite the overall downturn, tech stocks saw a 1.2% increase, contrasting with a 1.5% fall in the food and beverage sector. MARKET INSIGHTS Evolution of Financial Influencers: From Buffett to Roaring Kitty Confused by the contrasting styles of traditional investment gurus and today's online financial influencers? Let FlowBank ease your dilemma. Our article provides a clear, insightful comparison, helping you understand the evolving landscape of financial guidance. 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