Editor's Note: The headline has been updated to reflect David McCormick's current title. A senator who bought shares of a Bitcoin (CRYPTO: BTC) ETF before President Donald Trump announced an Executive Order to establish a Strategic Bitcoin Reserve is back again with a hefty bet on the future price of the leading cryptocurrency.
Avalanche (CRYPTO: AVAX) could deliver the strongest gains among major digital assets in the coming years, according to Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered. What Happened: In a research note, Kendrick said he expects AVAX to rise tenfold by the end of 2029, outperforming both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in relative price growth.
BitMEX co-founder and Maelox CEO Arthur Hayes predicts a significant Bitcoin rally, potentially reaching $250,000 by year-end 2025, contingent on the US Federal Reserve adopting quantitative easing. Hayes outlined his analysis in a Substack post titled "The BBC," highlighting the substantial impact of fiat liquidity expectations on Bitcoin's market behavior. The post BitMEX Co-founder Arthur Hayes Predicts Bitcoin to Hit $250,000 If US Fed Pivots to QE appeared first on Cryptonews.
Check out what can give BTC its much-needed boost for a new price resurgence.
Two new funds will use covered call strategies that allow holders to buy equity shares they already own at a given price.
Bitcoin (BTC) and equities have managed to turn green on the day as markets brace for President Trump's ‘Liberation Day.
Trump's “Liberation Day” tariffs spark speculation as Bitcoin eyes a breakout amid rising accumulation.
The combined market cap of crypto has dropped by 6.4% in the past 30 days.
Ye Zhang, the co-founder of layer-2 network Scroll, has criticized the proposal to charge Ethereum Layer-2 networks. In a post on X, Zhang described such proposals as bad for the network's long-term growth.
Institutional holders have been buying thousands of Bitcoin (BTC) tokens in the past few weeks as market sentiment appears to be improving.Prominent buyers include Strategy, the company headed by Michael Saylor whose BTC treasury currently holds 528,185 tokens after it bought over $2.5 billion worth of the digital asset in March.
An OG Ethereum investor sold 2,001 ETH worth $3.82M on April 2nd amidst declining whale activity and price struggles.
Bitcoin rallies ahead of Trump's tariff "Liberation Day" announcement, USDC-issuer Circle plans an IPO, and GameStop closes a $1.5B offering to buy BTC. CoinDesk's Christine Lee explains on "CoinDesk Daily.
Bitcoin (BTC) bulls have pushed the price above the $87,000 level even as US trade tariffs are slated to kick in on April 2. Bitcoin may remain volatile in the near term, but analysts remain bullish for the long term.According to Fidelity analyst Zack Wainwright, Bitcoin is currently in an acceleration phase, which “can conclude with a sharp, dramatic rally” if history repeats itself.
Fidelity Investments has launched an individual retirement account (IRA) that lets individuals to invest in cryptocurrencies under its web3-focused subsidiary Fidelity Digital Assets.
The $1.5 trillion asset manager Franklin Templeton plans to launch a Bitcoin ETP in Europe. BlackRock and 21Shares have launched crypto ETPs in Europe, showing rising demand for regulated digital asset investments.
GameStop raises $1.48B to purchase Bitcoin, surpassing initial expectations. The company plans to use its $4.77B cash reserves to acquire Bitcoin and stablecoins.
Fidelity Investments has introduced a new crypto-focused retirement account, giving individual investors the opportunity to hold digital assets directly in tax-advantaged retirement portfolios. The offering includes access to Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Litecoin (CRYPTO: LTC), and is available to U.S. residents aged 18 and older.
Ethereum continues to face strong headwinds as it trades below the $1,900 mark, with bullish momentum fading and market sentiment growing increasingly fearful. After a brief attempt to stabilize, ETH has resumed its downward trajectory, now down over 35% since late February.
Tariff fears triggered a potential sell-off of $161 million in spot BTC and ETH ETFs.
This week marks the anniversary of two serendipitous Bitcoin posts from celebrities on opposite ends of the cultural spectrum: Neil deGrasse Tyson and Paris Hilton.
If you've ever wondered when is the right time to invest in Bitcoin (BTC), you won't want to miss our latest interview with Matt Hougan. As the chief investment officer at Bitwise, Hougan provides an in-depth analysis, explaining why, from a risk-adjusted perspective, there has never been a more opportune time to buy Bitcoin.In our discussion, Hougan lays out a compelling argument: Bitcoin's early days were filled with uncertainty — technology risks, regulatory threats, trading inefficiencies, and reputational concerns.
FAT Brands, an iconic restaurant chain listed on the Nasdaq, has added cryptocurrency to its accepted payment methods.
Bitfarms, a global computer infrastructure company known for its Bitcoin mining operations, has entered into a $300 million loan agreement with Macquarie Group to finance the development of its high-performance computing (HPC) data centers.According to an April 2 announcement, Macquarie's private debt facility will provide $50 million in initial funding for Bitfarms' Panther Creek data center project in Pennsylvania. The remaining $250 million will be released once Bitfarms achieves “specific development milestones at its Panther Creek location,” the announcement said.
The ongoing Ethereum cycle follows the trend pattern observed in previous Bitcoin cycles, prompting a bold prediction from market analysts.
BTC jumped toward $87,000 for the first time in almost a week.
A sudden Bitcoin (BTC) transfer worth 1,097 BTC, equivalent to $94 million, has just landed on the largest cryptocurrency exchange in the U.S., Coinbase. As reported by Whale Alert, the sender is an unknown address, "bc1qumh.
Will Bitcoin price go up a lot or drop fast? Check out the surprising signs that could change it all.
Bitcoin holds steady ahead of new U.S. tariffs, altcoins remain muted.
Treating Bitcoin as an asset of strategic importance could catalyze a ripple effect for the United States, according to a report by Grayscale. What Happened: "If the U.S. signals that it views Bitcoin and public blockchain technology as strategically important, other countries may reconsider their own approach," the report said.
The cryptocurrency is trading higher as markets brace for President Donald Trump's official tariff announcement on Wednesday afternoon. BTC Ticks Upward as Markets Await Trump Tariff Announcement President Donald Trump is set to announce new U.S. tariffs on the country's global trading partners on Wednesday afternoon and bitcoin is trending upward on the news.
Even though the discourse surrounding Ethereum has been mostly dominated by "doom and gloom" narratives over the past month, recent data shows that the popular blockchain network should not be written off just yet.
Is the flagship crypto preparing to explode? Discover the bold predictions of expert Arthur Hayes on Bitcoin in 2025!
Cryptocurrency markets are experiencing fluctuations as traders brace for President Donald Trump's “Liberation Day” announcement, which is expected to introduce reciprocal tariffs targeting 15 countries. The U.S. Treasury Secretary Scott Bessent confirmed that the announcement will take place at 4 PM Washington time in the White House Rose Garden.
Ye Zhang, the co-founder of Ethereum layer-2 network Scroll, has pushed back against calls for Ethereum to impose fees on layer-2 networks. Zhang argued in a detailed social media post on April 2, that the proposal was harmful to Ethereum's long-term vision.
Despite accumulating Bitcoin, Metaplanet shares fell 1.22%, while BTC traded at $85,120.92 after a 1.02% rise.
The spot funds managed net inflows in the first quarter despite declining prices, but how much was true demand and how much was arbitrage remains in question.
Options markets show growing fear as traders pay steep premiums for downside protection, with put demand outpacing calls.
The beginning of this week has turned out to be bullish for Bitcoin after several weeks of robust volatility, which constrained its price below the $90,000 level. Although BTC's price has briefly gained upside movements, there is potential for a pullback as its Open Interest shows significant weakness.
According to multiple accounts, U.S. President Donald Trump's much-anticipated “Liberation Day” announcement is slated for 4 p.m. ET, broadcast from the White House Rose Garden. In the lead-up, financial markets have experienced pronounced fluctuations—touching equities, gold, and leading digital assets such as bitcoin.
Bitcoin (CRYPTO: BTC) is increasingly popular among corporate buyers, with on-chain data suggesting ongoing accumulation by other large entities. What Happened: In a detailed X thread on Wedneday, research firm CryptoQuant pointed out that despite public companies accumulating 91,781 BTC in Q1, Bitcoin dropped 12%, from $94,400 to $82,500.
Grayscale has launched two new Bitcoin exchange-traded funds (ETFs), expanding its crypto investment suite with products centered on income generation, according to an April 2 statement shared with CryptoSlate.
TL;DR Most investors who bought Bitcoin between 2020 and 2022 are still holding, while more than 66% of those from 5-7 years ago sold in December. The share of speculative investors remains at 40%, far from the 70%-90% seen in previous cycles, indicating less market euphoria.
Probably the biggest Bitcoin (BTC) and cryptocurrency skeptic, the most vocal is for sure Peter Schiff, provided an update to his April Fools' Day request for BTC donations. As it turns out, the financial expert was just pranking, or even conducting an experiment, to be exact.
Bitcoin (BTC) reached new April highs at the April 2 Wall Street open as markets braced for US “Liberation Day.” BTC/USD 1-hour chart.
Crypto Peter Schiff Calls Bitcoin ‘Digital Risk' Amid Tariff Fears: ‘If It Were Truly Digital Gold
Finance is undergoing a silent yet brutal metamorphosis. Bitcoin, born from the shadows of the 2008 crisis, today embodies a revolution that shakes the foundations of banks.
Alabama is moving closer to becoming one of the first US states to formally invest public money in digital assets. The proposal, Senate Bill 283, filed by Sen April Weaver this week, would allow up to 10% of state-managed funds to be allocated to cryptocurrencies, limited to those with a market capitalization above $750 billion.
Grayscale, a leading crypto asset manager, has introduced two new Bitcoin ETFs, offering a fresh way for investors to earn income while holding BTC. These ETFs, Bitcoin Covered Call ETF (BTCC) and Bitcoin Premium Income ETF (BPI), use covered call strategies to generate returns, making them different from traditional Bitcoin funds.