Bitcoin to $99K in May? Coinbase loses dismissal against SEC, $7.5B AI crypto token merger

Rise’n’Crypto

Bitcoin is rumbling with momentum, but which direction will it take? Some analysts worry that macroeconomic difficulties will push the price down, while others believe we’re in a bull run and could see BTC’s price hit $99,000 as soon as May. Elsewhere, a judge denied Coinbase’s request for dismissal, and the SEC is set to proceed with its case. In other news, KuCoin reacts to scrutiny from the U.S. Department of Justice in an unusual way, and a $7.5 billion AI crypto token merger proposal could shake up the scene.
Further reading:

• Bitcoin price falters as macroeconomic and regulatory headwinds mount
• Bitcoin currently in ‘middle of the bull run’ — Grayscale report
• Not just the halving: Why analysts are bullish on Bitcoin in 2024
• SEC can proceed with Coinbase lawsuit: Court ruling
• KuCoin plans $10M airdrop of BTC, KCS as Justice Dept., CFTC circle
• $7.5B AI crypto token merger scheduled for community vote on April 2

References:

• 'Anatomy of a Bitcoin Bull Market’ by Grayscale

So, grab yourself a coffee, and let’s get into it!

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