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Devere Group Predicts a Bull Run and ‘Significant Bounce’ for Bitcoin in Q4

Devere Group Predicts a Bull Run and 'Significant Bounce' for Bitcoin in Q4

The CEO of Devere Group, a financial advisory and asset management firm, has predicted a bull run and a significant bounce in the price of bitcoin during the fourth quarter of this year.

Devere’s CEO Predicts a Bull Run in Q4 for Bitcoin

Financial advisory and asset management firm Devere Group has predicted that the price of bitcoin will bounce significantly in the fourth quarter of this year. Nigel Green, Devere’s founder and CEO, said early last week:

I believe that we’ll soon see a bull run that will lead to a significant bounce in the fourth quarter of the year for the world’s leading digital currency.

The Devere boss explained: “Bitcoin is currently highly correlated to leading global stock markets, such as Wall Street’s S&P500, and I’m confident that the recent market downturn is close to the bottom and a rally is imminent.”

The CEO added:

Bitcoin will benefit from a stock market rally as investors move back into riskier assets.

Green explained that one of the key factors that will drive the bitcoin rally is that investors are using BTC as a hedge against high inflation.

Many people, including famed hedge fund manager Paul Tudor Jones and venture capitalist Tim Draper, believe that the cryptocurrency is a good hedge against inflation.

Another factor the Devere chief noted was that bitcoin is increasingly seen as an alternative to fiat currencies. Veteran investor Bill Miller previously explained that the Russia-Ukraine war and subsequent sanctions on Russia have made people think about having an alternative currency to the U.S. dollar.

“The U.S. government started feverishly adding digital dollars to its economy during the pandemic, diluting its value, but adding to the long-term prospects of bitcoin,” Green noted, emphasizing:

Investors are increasingly seeing bitcoin as an alternative to the dollar.

Green further said his predicted bitcoin bull run will be “supported by the growing investment from major institutional investors, who bring with them capital, expertise and reputational pull.” An April survey shows that 80% of institutional investors believe crypto will overtake traditional investments, 70% said crypto was a trustworthy investment, and 68% said they are actively recommending this asset class in investment strategies.

Lastly, the Devere CEO pointed out that major regulators are looking to establish a regulatory framework for crypto. He opined:

Regulation, which I believe is inevitable, would give more protection and, therefore more confidence, to both retail and institutional investors.

Green’s prediction came just days before the weekend market downturn. At the time of writing, BTC is trading at $27,748.30. It has fallen 2.5% in the past 24 hours, more than 7% in the last seven days, and almost 26% over the past year.

What do you think about the prediction by Devere CEO Nigel Green? Let us know in the comments section below.

Kevin Helms

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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iAgent SDK pushes Injective (INJ) up 17%; iDEGEN presale crosses $1.55m

Injective’s iAgent SDK launch has driven the INJ price up 17.9%. The iAgent SDK enables AI agents for seamless blockchain automation. iDEGEN, designed to evolve based on real-time interactions on X, has raised $1.55M in an ongoing presale. In the fast-evolving world of blockchain and artificial intelligence (AI), two projects are stealing the spotlight: Injective…


Injective (INJ) soars after INJ 3.0 governance proposal approval
  • Injective’s iAgent SDK launch has driven the INJ price up 17.9%.
  • The iAgent SDK enables AI agents for seamless blockchain automation.
  • iDEGEN, designed to evolve based on real-time interactions on X, has raised $1.55M in an ongoing presale.

In the fast-evolving world of blockchain and artificial intelligence (AI), two projects are stealing the spotlight: Injective (INJ) and iDEGEN.

Injective, a leading decentralized finance (DeFi) protocol, recently unveiled its cutting-edge iAgent SDK for on-chain AI agents, while the new AI-powered crypto project iDEGEN has surpassed $1.55 million in its presale.

iAgent SDK launch pushes Injective (INJ) price up 17%

Two weeks ago, Injective, a leading blockchain protocol tailored for decentralized finance (DeFi), introduced the iAgent software development kit (SDK) to enable the creation of on-chain AI agents, simplifying complex blockchain operations and pushing automation capabilities to new heights.

Unveiled at the Injective Summit 2024, iAgent seamlessly integrates with advanced language models like OpenAI’s ChatGPT, allowing users to interact with the blockchain through simple, natural language commands. Tasks such as decentralized exchange order placement, wallet balance checks, instant payments, and predictive market trend analysis can now be executed conversationally, making blockchain more accessible to both developers and non-technical users.

The flexibility of the iAgent SDK empowers developers to create specialized AI agents for specific purposes. For instance, one agent could monitor market trends in real time, while another could automate trading strategies. The SDK also ensures transparency and security, tracking transactions with detailed information like hash codes and block heights.

This innovation positions Injective as a leader in AI-driven blockchain applications. By enabling AI agents to interact with external APIs, databases, and decentralized applications, the iAgent SDK is broadening the scope of automated solutions in DeFi.

The launch of iAgent has been met with enthusiasm, contributing to a 17.9% price surge for Injective’s native token (INJ) over the past 14 days.

While INJ has seen a slight 2.4% dip in the last 24 hours, it remains a strong performer, boasting a 62% increase over the past month and a 64.4% rise over the past year.

iDEGEN: AI meets blockchain in a unique presale

While Injective is reshaping DeFi using AI agents, iDEGEN is capturing attention with its unconventional approach to integrating AI and blockchain.

Launched on November 26, 2024, the project has already raised over $1.55 million through a dynamic presale system that mirrors the volatility of the crypto market.

The iDEGEN presale uses a dynamic pricing model that adjusts every five minutes based on activity. If no purchases are made within a five-minute interval, the price decreases by 5%. Conversely, a single purchase within this window causes the price to remain constant for the next interval while consecutive purchases cause the price to rise by 5% for the next interval. This mechanism has created an interactive and unpredictable buying experience, mirroring the project’s ethos.

The iDEGEN token, $IDGN, is backed by an AI model described as a “sentient, degenerate memelord” that evolves based on real-time interactions on X (formerly Twitter). Every mention, comment, or tag contributes to the AI’s learning, making it increasingly dynamic and engaging. This unique feature has driven community interest and positioned iDEGEN as a standout project in the growing field of AI-powered cryptocurrencies.

As of now, over 383 million $IDGN tokens have been sold. With the presale set to end on January 1, 2025, early investors are gearing up for the token’s listing on major exchanges at a 10% higher price, signalling potential returns for participants.

If interested in this revolutionary AI-powered project, investors can visit the official website for more information.


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Dogecoin’s $50 Billion Market Cap Meets PEPE’s Rise: Why Smart Investors Are Turning to 1FUEL

The cryptocurrency market is known for its explosive growth. For example a coin like Dogecoin rose from its humble beginnings to a market cap of a staggering $62 billion (at time of writing).  A more recent example is the success of PEPE in captivating the attention of meme coin enthusiasts. These successes have put a…


The cryptocurrency market is known for its explosive growth. For example a coin like Dogecoin rose from its humble beginnings to a market cap of a staggering $62 billion (at time of writing).  A more recent example is the success of PEPE in captivating the attention of meme coin enthusiasts. These successes have put a stamp on the immense potential of digital assets to give astronomical returns. While these meme coins have created excitement, a growing number of smart investors are turning their attention to another kind of innovation – 1FUEL, a next-generation cryptocurrency wallet positioned to change asset management in the blockchain space.

The Market Evolution: From Dogecoin to PEPE

Dogecoin has grown to become the 7th largest cryptocurrency with a market cap of $62 billion thanks to its simplicity, widespread adoption and celebrity endorsements. 

Recent weeks have seen Dogecoin lose double digit values as the crypto market experienced a temporary dip. However, the coin has since recouped its losses and is now up 2% in the past week. This growth trajectory is expected to continue in the anticipated bull run this December.

Meanwhile, PEPE coin was designed to satisfy crypto investors’ appetite for speculative investments. The coin, which promises no utility to its investors, quickly gained success after launch, growing to become the 19th largest cryptocurrency with a market cap of $8.5 billion. At the time of writing, PEPE  is up 107% in the past month. Like Dogecoin, it has experienced significant declines in the past weeks, dropping by over 7% in the last 7 days.

Although temporary, the recent declines in Dogecoin and PEPE have prompted many investors to seek more rewarding investments, and a growing number have set their sights on 1FUEL, a coin that some analysts are predicting could offer 100X returns post launch.

Why Many Investors Are Turning to 1FUEL

Investors seem to be flocking to 1FUEL, drawn by its innovative solutions to simplify cryptocurrency transactions and enhance security. Unlike traditional wallets, 1FUEL’s one-click cross-chain transactions make it easy to trade across networks like Ethereum or Binance Smart Chain without juggling multiple tokens. This streamlined experience minimizes errors and appeals to both newcomers and seasoned traders.

Security and privacy are at the heart of 1FUEL’s appeal. Advanced cryptographic techniques, disposable wallets, and a built-in mixer ensure transactions remain anonymous, while multi-layered security protects assets from hacks. For those seeking safer, smarter ways to manage crypto, 1FUEL delivers.

Its integrated peer-to-peer exchange allows direct, cost-efficient trading without intermediaries, even across different blockchains—all powered by a single asset: 1FUEL. This versatility positions it as a leader in cross-chain trading.

Bridging the gap between digital assets and everyday spending, 1FUEL’s virtual and physical debit cards let users spend crypto like fiat, making it practical for real-world transactions. With such features, 1FUEL is rapidly becoming a must-watch token for forward-thinking investors.

The Bigger Picture: Utility Over Hype

Where Dogecoin and PEPE enjoyed massive attention, their long-term sustainability is highly reliant on community hype and speculative trading. In contrast, 1FUEL provides real utility, solving actual problems that stand in the way of cryptocurrency adoption.

With 1FUEL still making waves in its presale, some analysts believe this could be a good time for investors to buy in.

Learn more about 1FUEL. Click on the links below:

Presale: https://www.1fuel.io/

Telegram: https://t.me/Portal_1Fuel

X: https://x.com/1fuel_?s=21

Instagram: https://www.instagram.com/1fuel/#

Whitepaper: https://whitepaper.1fuel.io/


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Satoshi May Have Used a Canadian Bitcoin Exchange

Conor Grogram, head of product business operations at Coinbase has unearthed evidence that suggests Satoshi may have used Cavirtex, an early Canadian bitcoin exchange that was initially purchased by New York-based Coinsetter in 2015 before being subsequently acquired by Kraken in 2016. Grogram used on-chain analysis to determine that a Satoshi wallet that starts with [……
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